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Wyckoff trading method, page-1799

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gypaetus

1,270 Posts.

21/04/17

08:08

Post #: 24183414
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Originally posted by Incongruous ↑

The horizontal count method estimates the markup in proportion to an accumulation area. It's more a zone rather than a hard line. If I remember correctly, Wyckoff took trades where the reward was at least four or five times the risk and the PnF count method was a way to check if there was enough cause built up to make it worth it.

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Thanks @Incongruous but still not gelling - I'll have to read through those posts again - will have a look again tonight.

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