XTL 0.72% 4,672.7 s&p/asx 20

Thanks Toastman.always good to see how others look at a chart...

  1. 244 Posts.
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    Thanks Toastman.

    always good to see how others look at a chart and their take on it.


    Some scenarios that would give a bit more confidence of a change in trend:

    1.  A low volume test or spring of that high vol low

    2. A strong move up, or gap up, of that tight box post the 2 bar reversal


    MMy problem with these ones is they seem to go into a sideways motion for months sometimes before moving, by then my short term attention span has moved onto something else and i miss the initial mark up

    that is why i quite like the wykoff phases and building a cause terminolgy. It helps me keep some patience!

    I find my best trades come when I  keep my patience and discipline.  All the head stuff that seems to be the hardest to manage at times, especially when we all have many other dimensions going on in our lives.

 
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