Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

sheptrader

Members
  • Content Count

    18
  • Joined

  • Last visited

  • Days Won

    1

Posts posted by sheptrader


  1. Gordon, First thing (A) down trend would need confirmation to go long which you do not get on next bar, it close down , yes, it closes of the lows but if that up bar was buying the next bar should not be down, so it must have had selling within it, then on the third bar it close way below the low of A, this is still in a down trend.

     

    and again on (b) its an up bar on high volume but the next bar closes lower than prior low, no way am i looking to go long, i would need to see some confirmation that the down trend was over.

     

    path of least resistance was down all day.


  2. agian thanks every one, just saying what i am seeing, it is nice to see fellow traders in here who have been mentored by joel, Hi guys !!! as much as i trade of VSA i owe a lot more to joel in intoducing and teaching me about Richard Ney and his theory of market manipulation, merchandising and how the specialist move markets so that they can buy low and sell high, i find this and weight to VSA.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.