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- bgeorge replied Aug 5, 2014
Whinston Maybe I am missing something. I am trying to understand the concept of an S/D level being considered stronger simply because price spends less time there, ie less bars, considering all other factors equal. So 3 bars is better than 5 bars, 1 ...
- bgeorge replied Aug 4, 2014
What you guys say sounds very logical. May I ask of another consept of S/D that puzles me. The less time is spent at a price level, the strongest the S/D difference is. So we consider a 3 bar consolidarion a very strong level when we have ...
- bgeorge replied Aug 2, 2014
Hello MushyPeas Thank you for your answer. I understand the short covering, it can cause a noticeable bounce up from a Demand level, once the shorts realize that there is no more profits for them, or even the possibility of a reversal. Now if this ...
- bgeorge replied Jul 31, 2014
Hello PhAnti I am reading your ebook and I would like to ask you a couple of questions: 1) Page 26. Price retraced at around 0.7465. However the lowest low was 0.74 (Nov 2011). Why would I enter long at 0.7465 and not wait for price to go to 0.74? ...
- bgeorge replied Jul 31, 2014
Hello I carefully studied Kenneth's pdf and I wanted to ask him. But I welcome the feedback from anybody with experience with S/D. According to S/D principles, every visit to a supply/demand area uses it up and weakens it. This is based on the ...
- Posts by Member Search: 'bgeorge'