2009.09.10 DRAIN THE BANKS - LIKE A RAT
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TheRumpledOne wrote:MightyOne... please explain in detail.
Thanks
Nothing to explain really.
There is usually a final burst at the end of a move.
All that you are doing is comparing bursts in the prev. price action to bursts in the current price action.
A burst is something that sticks out from "normal PA" in other words non-momentum.
You should also be aware that the game changes when you are trading around high time frame extremes as they tend to attract high time frame losses.
As always, logic will see you through to the end:
- TheRumpledOne
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