Dislikedpros do not give a damn about upper limits of pitch forks...
zero weakness so far on a 30 min ... the only thing that may show a form of weakness is bear vol div .... but that rarely mean anything after london close.
Look for ut , nd or buying climaxes on a 15 min to confirm the weakness that you think you can see ... so far I do not see itIgnored
Additionally, my post speculated on a pull back buy scenario such as would be expected in a bull move and opportune via a successful test or shake out as would be expected near the conclusion of additional accumulation prior to a continued up move. So it seems to me that you simply misunderstood what I wrote.
However, that aside, it is notable to me that you are quick to criticize others for actions in which you yourself engage. (Pots and Kettles, ehh?.) For example you criticized me for speculating on price targets based on Fibonacci extensions coupled with use of divergence via Woodies CCI (a well established high probability trading system used by many thousands of profitable traders) while you yourself use Fibs and Hulls MA to guess at potential inflection turning points. Now the formula for Hulls is:
HMA(n) = WMA(2*WMA(n/2) – WMA(n)),sqrt(n))
The formula for Weighted MA (WMA) is found here http://en.wikipedia.org/wiki/Weighte...moving_average
Do professional traders give a shit about square roots or arithmetic equations? (I understand that most professional traders have business degrees. These are curriculums that are not math oriented.) Or perhaps professional traders care about convenient assumptions about arithmetic sequences of weighting coefficients chosen arbitrarily to comply with a triangular denominator? Without a Gaussian distribution derived from a data series that shows an overwhelming preponderance of positive results, WMA's and HMA's are nothing more than squiggly lines lagging price action. Yet you bet your account on these A Priori fantasies.
On the other had CCIs and APF are leading indicators showing probable path of PA and not a certain path. (There is not any trading Holy Grail, and volume analysis most certainly fits nicely into that category.) Taken in consideration with volume patterns a more accurate trading system should be derivable by combing the best aspects of several high probability trading systems to form a superior hybrid. This I seek to accomplish. Thus I disagree with those traders who attempt to purely emulate Tom Williams because trading and investing is not a game of how one determines entries and exits, but of how much does one make. Quoting Jesse Livingston from Lefarve's Reminiscences Of a Stock Operator: "The trader is only right when they make money."
None of this is to say I do not like you. Indeed, I do. Your commentary is often enlightening and informative. Therefore, I wish you good trading and many profits.