You so nailed that trade and spotted the sell. You just missed that price level in "no mans land" that you were looking for, you knew it should be there. Remember, price levels fit like lego. Now in hindsight you probably see it clear as day.
There's a lot of spikes that would have confirmed the 1.3120 - don't be afraid to try a price level's "fit" and read the volume - especially when you can sense one should be there in "no mans land" and you sense something is missing.
There's a lot of spikes that would have confirmed the 1.3120 - don't be afraid to try a price level's "fit" and read the volume - especially when you can sense one should be there in "no mans land" and you sense something is missing.
DislikedNice thread Spudfyre. I've made several attemtps at volume analysis, but could not make it work. Your approach however, does make it more understandable to me.
I would like you to have a look at my line of thought from todays session. If, when, you have time.
I just wrote my perceptions about price and would like to hear if Im right to a certain degree, what I missed maybe or missinterpreted.Ignored