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Wyckoff trading method, page-1063

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Beany72

3,285 Posts.

5

19/10/16

00:23

Post #: 19954184
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Originally posted by Jako64 ↑

Oh, I thought it was holding on OK.....at least so far anyway.......

Today's bar appears to show some strength, a narrower spread downbar on an increase in volume, that dipped below support and recovered to close back near the day highs.

And FWIW, the orangie coloured line at 1.02 is a weekly line....... and the moving averages are 13/48SMA's (which are an experiment)

View attachment 297947

cheers

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My stop would of been at $1.04 so I'd of been out.
I'm very strict on my rule based trading, have to be based on how I trade.
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