dojirock wrote:It takes a force(momentum)speed and movement to breakout of the previous extreme.
We only care about the ones that close above the previous extreme. Otherwise its an illusion.
Does this definition fit everything being said?
There is a difference between bullish and bearish momentum
If its not momentum then its of no value.
When that force does show itself, call it momentum.
we always get non momentum after momentum?
Color of the candle are of now matter to us?
It takes an bearish momentum to break a bullish momentum.
There is no way an bullish momentum can break a bullish momentum.
and for the big one you MUST have an opposing momentum to change direction of PA.
Once you grasp this, start looking at the stats. Its incredible.
doji
Awesome Post
Nice to see you back Doji!