CounterTrend example - I have mentioned how I look to trade with the trend, and rarely consider "countertrend" trades, and the only ones I...
Clarification - After a question I received yesterday I just wanted to make something very clear for those of you out there following along....
When you have a tight consolidation that coils for a long period of time, we all know a breakout is coming. Since a consolidation is marked by...
S/L, Of course Ive been referencing the 1260-1250 range that has been tightening for three days, and youll never see me "predict" what is going...
Please point out where I said "We'd be in a range all day?"
If you read the prior information referenced, you'd see I started the session with a down bias. Therefore, I took a short trade to start the day...
Never took a Velez or Pristine course...Everything for the chart I posted was discussed and referenced ahead of time, and I totally agree a chart...
Here is an Example of how things come together for a high probability trade setup We know we are in an overall 1260-1250 bracket now, and...
07-22-08 Pre-Open Comments 6:00 am Price=1250 Although this looks like a big gap down, at the moment we are simply at the bottom of 1260-1250...
Bighog, You are absolutely correct in striving for as simple as possible. For me, my execution now consists of price and a few moving averages...
07-21-08 We came into the day monitoring the tight 1260-1250 consolidation area. Price opens up above with absolutely no volume...
Fearless, I know you are 100 percent correct! In this case I happen to think a constant method (including using CVB bars) and mind is about 98 %...
Well, the good news is that even if these bars arent constructed perfectly, this really has no bearing on my entries and exits, and If Im thrown...
I agree with this completely.....What I think everyone not using CVB should do if nothing else, if take your current charts, trading plan, etc....
Prof, Im curious, I use Share Bar charts for all my entries, exits, etc for the main reason they "speed up and slow down according to...
Short covering and/or new longs are both buyers and the key is always if they are patient buyers or anxious buyers?.......Short covering and new...
jjf, There is no doubt the "right price trading plan" can take advantage of these unfolding developments. On the other hand understanding how...
No, I dont use the T&S for this.....I use the volume ratio study that measures the ratio of up volume to down volume......From a pure matrix...
And here is another point that goes hand in hand with all of this. If you stop to consider all the "false breakouts" you see in a market, you...
SorL, If the patient sellers in one area dry up, then by definition they are now located way above this area (as a seller would always "prefer"...
Separate names with a comma.