You are correct but if it happens at a s/r zone or previous swing high or low it's still a sign of rejection. The higher the time frame the more...
If there is a wick it's a sign of rejection and very few trades take place there. Try to think of support and resistance as zones not exact lines!
I've learned no matter how many books you read or workshops you attend you need to create your own method that you totally believe in and own it...
Happy New Year to all of my et friends
Was wondering if you knew what happened to redneck?
Midwest born and raised and I wouldn't trade it for anything, besides the company I work for pays me to say thank you!
It looks to me the higher volume bars you indicate were used by buyers stopping the down moves
In my opinion they are better if you use zones not lines
I think so but seems like a lot of the good posters are gone
not sure if he's been mentioned or not but ammo taught me a lot about market profile and was always very willing to answer questions
Absolutely he was one of the best! I'm not sure why he isn't posting any more and I considered him a friend even though we had never met
No question for me it's been redneck! I wish he was still posting
What would that be?
not really seeing anything except his name, how far back?
I will check it out thanks!
Separate names with a comma.