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Gordon G.
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Everything posted by Gordon G.
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Dear James, you wrote: "A retracement to the VAH is a good opportunity only if market internals confirm it. Whats important is to understand whether there will be price acceptance or price rejection above value". I'm much interested in this concept - price acceptance or rejection - and would like to understand how to properly evaluate which is the case once a breakout happens. Any idea to try put the probabilities in our favor when anticipating a movement in this situation ? What can be the instruments to look at ? Bid/ask sizes (filtered to, say, 50 lots) ? Volume ? Volatility reduction/expansion ? Thanks. Bye