Some more comments. This is what I am talking about when I say reading the pressures. Patterns form in the context of immediate pressures and other larger patterns. Probability can be gauged by correct reading of the pressures and patterns and their location within the larger context.
I appreciate your post very much and actually enjoy the explanations. I think your descriptions are very concise, clear and to the point - very informative. It is clear you have a mastery in an area that I myself never put the time into to learn. Thank you, volpri
Yes, here is a trade i am stalking now trying to get in before the breakout, but have some minor resistance in my way. I like getting in before breakout as well.
At least someone on this thread has some skin in the game. 17 pages of worthless hindsight chart analysis.
ok , i am long at the green arrow. Let see if bulls going to break this thing out. If not I am taking a losss
Padu actually does make some very good PA comments from time to time if folks will listen. Perhaps his wording is different and may be taken wrong by some???