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What would I be looking for in those charts you posted? I don't...

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Beany72

3,285 Posts.

5

05/03/17

20:06

Post #: 23111927
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Originally posted by Jako64 ↑

Ah yes, well this thread is all about the Wyckoff trading method, so I try to keep to that.....and keep any readers on track with that methodology.
And while it might not be the most exciting method around, it is pretty consistent & keeps the risks fairly low.

Almost all of my real life positions are based on the wyckoff method.
However, I do have one (relatively small) account, in which I play around a bit more than usual.......

That scan is still based on a VSA/Wyckoff principle of a two bar reversal, and is attempting to identify the reversal before it is completed.
These things keep me interested, while my other positions slowly trend higher (generally).
Richard D probably wouldn't be interested in trading them, but I'm sure he would have enjoyed watching the price action, especially as it might lead to a future position.

So anyway, you were saying that you were looking forward to watching some price action....and my thoughts were that slowly trending stocks are not particularly interesting to watch, so I put up the last scan as they may be more interesting to watch........

cheers

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What would I be looking for in those charts you posted? I don't know when I should be entering and configuring my order. Do you go into an even shorter time frame? For example, DTI, would you be buying at $0.305?
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