Traders Laboratory - View Single Post - Usdcad Smi/mp
Thread: Usdcad Smi/mp
View Single Post
  #1 (permalink)  
Old 04-11-2008, 05:04 AM
gassah gassah is offline
gassah has no status.

Trader Specs
 
Join Date: Nov 2007
Location: Phoenix
Posts: 214
Thanks: 44
Thanked 94 Times in 50 Posts
Send a message via Yahoo to gassah
This member is the original thread starter. Usdcad Smi/mp

I find the upthrust and test sequence as taught by Wyckoff/SMI interesting viewed through the lens of MP. The upthrust (false break) into the 3rd standard deviation that responded down to the POC and then rallied testing High Value. Wyckoff talks a lot about swings to the half-way point but I find looking for S/R based on market structure far more logical.

BTW, how do we embed attachments? Thx. Also, don't know why I can't edit the thread title to all caps?

nic
Attached Images
File Type: png USDCAD Upthrust.png (26.5 KB, 31 views)
File Type: png USDCAD MP.png (39.7 KB, 34 views)


Last edited by gassah; 04-11-2008 at 05:18 AM.
Reply With Quote