kuky969

Eigar your post 1395 I quote :: Note the push up above the supply areas at D & I. Several wide spread up bars, closing on their highs on good, but not excessive volume (compare to volume at D). Please how I could explain this than there was not excessive volume ??? I think there should be a big volume . Thank

Hi Db Phoenix Please could you give me a few minutes from your time. This is question from VSA II thread: The point is how do we know the up Bar with strong volume is trend continue or a trap ? I agree that we cannot counter the trend every time you see a big volume and a big range bar. I agree that a "no demand bar is not enough" otherwise we will always counter the trend .However ,What is the obvious signal to confirm it is a trick ? AND your answer is : Depends on where and why the bar occurs, i.e., the context, or "background". If, for example, you have a fairly lengthy accumulative base with the appropriate volume pattern, buying at a breakout of such a base -- assuming that you've correctly identified it as such a base -- is a high-probability trade. If you can't tolerate any retracement or pullback whatsoever, then you have to be prepared to (a) buy before the breakout so that those who are buying the breakout will propel you to at least a breakeven level or (b) sell when price begins to move against you, then prepare to buy again if and when the retracement has completed itself (there is always the possibility that the "breakout" is in fact a "thrust", and that price needs to spend more time in the base). I WOULD LIKE ASK YOU: How can you distinguish fairly lenghty accumulative base ? Am I understanding good than accumulative base is that after price rise up ??? In the charts are a lot bases but after some price declines and some price rises . I red your e-book but I can not find in answer in my question. Or something I miss ??? Or please could you recommend good sources (books...) for learning about it. Please what means „appropriate volume pattern“ in your answer ???. I red your #1146 in VSA II thread. Did I understand good please ???. „smart money“ first kick off by active buying market and start demand . You can see a big wide spread up bar . Public ,when they see it ,start buying and this is time for smart money and they start selling their holdings to public ??? . If yes, this process can appear during just 1-2 bars (for example in 5 min time frame) or several (5-10 bars). How do you distinguish that smart money got rid all holdings and rise was stopped. ??? OK thank a lot for answer and your good job in TL web site kuky

DB THANKS I admire your patiance and helpfulness. I think almost clear for me from your book and contributions. Just one thing ...timing entry and exits .. I now this is up to me and I try find some combinations movement of price and volume in 1 min chart for resolve .

Hi DB thanks for your time and willingness which you explain your thoughts and I always look forward for your new contribution. Please If you got a time could you answer me a few questions please. You write somewhere ...I quote ".....I determine potential S&R beforehand, then I watch how traders behave when those levels are approached. Is price driven down rapidly to support where it then makes a single print and bounces violently? Does it glide in to support and bounce gently along? Does it hammer away at it again and again as if trying to break through a door? And what's the TICKQ doing all this time? What's going on with volume? Is there a classic decline on the retest, if any? Do buyers pile in as expected, or do we begin a search for a new equilibrium (or "value") level? ...." What do you expect (1 min chart) ---if price bounces violently from SR ?? --- if is hammered away when trying breaks door ??? ---from TICKQ behavior on SR levels ? How do you distinguish (1 min) --classic decline on retest ?? -- begin of search a new equilibrum ?? You recommend just watch for 1 min chart buiyng and selling waves.But I dont understand what exactly I could watch ?. OK volume withe movements. and what yet ?? --length of swing ?? ---duration of swing ? Thank you a lot

Hi Db please I would like ask you please see my chart This is one of my first attempt set SR levels for 5 august session. What do you think? is it correct ?? Thank you

SEBASTIAN Thank you for your great video. I have please two questions . Maybe I didnt good understand (english is not my native) but I think that test bar has to make lower low than previous bar ...it is not true ???. and how do you well-define previous selling area where should be dip test-bar . Thank you for your time and helpfulness. kuky

Hi Soul please I would like hear your opinion.I am a little confused In Daltons book Mind over market on 237 page he writes some situations in Region A of figure 4-98. Point 1 confirmed the excess.Excess in this case is a long term selling tail and selling gap. OK, gap is obvious but selling tail no .Please see my atteched picture. Point 5 in same figure is not clear too.My opinion is that selling gap is form of excess but not confirmed in next day because responsive buyers entered and closed market near its high.Why Dalton writes that at point 5 aggresive other time frame buyers CONFIRMING the selling excess ??? . What is in this case exactly a selling excess??? -- selling gap or bar in red circle on my second picture ??? I think this bar is buying tail. Thank you for your opinion.

Hi I am newbie in MP ,but yesterday Initial balance represent for me: -Open out of value and responding selling -selling tail in A period .... other TF sellers entry ( I try go with them) --I use TICK and moving average of TICK was below zero line during initial balance This are reasons why I didnt look for long setup during a day. It would be nice some comment from soultrader.

Hi Jerry first ..thank you a lot for your nice job here I would like to ask you please. I red almost all your threads but my english is not very good and I didnt get self- contained information about study that you use . I am new user of enSign (I downloaded trial version) but I cant see study SD,PVP,VWAP.... Please give me some information about it or I have to program it ???? Thank you very much.(sorry maybe offtopic)