by "skill" i mean to be able to proper read or judge the markets by its own action and well , as u know or not .. its more a skill then studying teachings.. wich doesnt mean that one cant make money in the markets by just studieng/observing and implementing simple tasks wich proof to be profitable over certain collected datas .. whom teachings did wyckoff relay onto in his his works ? there is more in it then just drawing straight lines..
Tape reading or beeing able to read/judge the actions on a DOM/Ladder is a Real skill and that will never die cheers..
Depends on what you mean by "works". Are you referring to how well it determines overbought and oversold levels? Are you referring to exits stemming from a "break" in the line?
None of the DB methods hold up to backtesting. Thats the problem and why its clear not all is accurate. So you can believe the street preachers or follow the facts. Its up to you. Surf
No. Just the ability to tell up from down, something that has challenged you in your efforts to illustrate the workings of your "price drivers".
I have had enough of trying to make sense with CNBC shut ins, grandma's with cats, and fantasy lifers. Bye. surf
A question was asked earlier about CL. Since CL is so popular, I'm posting a chart of the daily CL to show how the SLA applies to it. I hope it is informative.