|
Quote: |
|
 |
|
|
ST,
So would you buy off the S1 levels immediately or wait for the next bar to be green. How would you know that it's safe to buy or that the down move is over?
Flatwallet |
|
|
|
|
After identifying that there is lower volume on the test and is right at the S1 pivot, I will enter strictly off tape. I want to see tape prints disappearing off the lows and will try to enter when price comes back 5 ticks or so from the lows. Its pretty impossible to explain in words... I wil try to record this next time.
One thing.. I posted a 15minute chart. I trade off the 5min which also showed lower volume on the test.