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Any of the strong bars, or a buying bar. They just look the same...

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Jako8557

16,642 Posts.

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23/04/17

10:28

Post #: 24216846
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Originally posted by Beany72 ↑

Morning Jako,
What response on Monday are we looking for to confirm mark up is occurring. (This is where you frequently trade if I'm not mistaken). My paper trade was closed for a profit.
If this is potentially the start of a markup, where should I be looking to enter? Should I be going for breakout entries or tests along the way? A tick above the high of Friday's bar? $0.86? Otherwise I like the trade of 90 to 98 with SL 87.5.

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Any of the strong bars, or a buying bar.

Originally posted by gypaetus ↑

Cheers Jako, yes the masquerading ones, the ones that look like one thing, but when looked at in context of the chart are probably something else. Thanks for clearing that up, though.

Cheers

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They just look the same as a normal no demand bar, but usually there will not be any weakness in the recent background, and there will be no downside movement in response.

cheers
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