Finally we come down the idea of Absorption...but I will have to leave that for another day...I have some responsibilities to attend to now and will try and comment more tomorrow. I hope you find value in what I am trying to communicate here. Please feel free to ask questions, and understand that I too am still developing these ideas so nothing is set in stone quite yet (not for me at least).
I think that by using daily tick volume on NY close of market, that there is sufficient information to enter and exit trades that can move one to provide at least 3xR, and keep stops sufficiently out of the way of broker's meddling. But that's just MY opinion...please don't hesitate to offer yours.
I think that by using daily tick volume on NY close of market, that there is sufficient information to enter and exit trades that can move one to provide at least 3xR, and keep stops sufficiently out of the way of broker's meddling. But that's just MY opinion...please don't hesitate to offer yours.
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