conditions
What I would be equally happy to learn would be if anyone had concluded that the market was unlikely to give a simple signal of the impending fall. We all spend a lot of time learning to recognise and seeking out entry signals and various indicators that something is going to happen. There might be market conditions or formations we can also identify when these signals are unlikely to print - that would be useful knowledge too if anyone has formed a picture of such conditions.
Hi Tomorton
7th may high vol bar actual which showed up less well on futures
3 day continuation signal, possible swing low at the time, no volume at take off, then high"ish volume at the re-test of the high (narrow spread)
condition:
1. failure or false start in place
2. 7th may bar possible cap
from that point on I assume market in range and trade with appropriate strategy or remain flat until resolved
think it was barjon who posted some time back when someone wanted to no how you no its a swing low "you just have to assume its a pullback was the quick answer given"
Do not use any indicators at all Tomorton, would have thought they are pretty useless when price is in a low volume range and rotating, do they not almost just flat line themselves ?
all patterns printed in a range are not continuation patterns imho, if they look like continuation patterns its because you have not defined the market conditions
if in range, fake shake fake shake from one side to the other, chop chop !! pain for many
ie: range or trend ?
news out ! its a range ? I hope