Recent content by ptunic

I'll have to study this further; the more I think about it the more that makes sense. I have been able to often use price/volume action following a break to determine when a trend starts; it is possible that instead of having different rules for pullbacks I should think a bit more universally...

How can one tell when a pullback is likely to result in an end of trend, as opposed to the hoped for continuation? Here is my hard and fast rule: If the trend is up: If any part of the pullback's price drops lower by 1 tick or more than the most recent swing low, the original trend is...