Recent content by bhapca

Thank you, Richard, for the details on using break-out/downs with this method. On a given day this setup may occur on both long and short directions. Would you enter the trade in either direction ? Do you pay attention to the market or sector (their corresponding indices) direction at the time...

Speaking of volume, Richard, does it have any bearing on your method ? I noticed that all your charts have the volume histogram on.

Thanks for the reply, Richard. Much appreciated. Interesting approach, yet it makes sense. I think that pretty much clarifies the exits for this method, if one relies on charts only. I wonder if you use a similar approach, by switching the timeframes, on entry. As you mentioned in your post...

Thank you, Richard, for sharing aspects of your method in a public forum.The principles you advocate, like acting on the evidence in front of your eyes instead of opinions, tight stops for controlling the risk and appropriate position sizing are golden, regardless of the system. Speaking of...