Wyckoff trading method, page-2235

  1. 16,642 Posts.
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    yep I agree....

    When lots of volume comes in like that, and price does not breakdown in response, it is almost always an accumulation.
    only trouble is.....an accumulation can last for ages....and it is really hard to judge the exact time to buy.
    So if I really want to swing trade it, I take a smaller position at as low a price as possible, and buy again after it actually breaks out.

    cheers
    Last edited by Jako8557: 18/09/17
 
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