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Search: Posts Made By: mwf2220
Forum: Trading Journals February 10th, 2022, 02:46 AM
Replies: 127
Views: 17,403
Posted By mwf2220
Edit Oops - guess I was a bit late with this. I...

Edit Oops - guess I was a bit late with this. I generally try not to look at what others have written so I don't get influenced, but I'll leave this up here since I think it makes a great lesson ->...
Forum: Trading Journals February 6th, 2022, 05:03 AM
Replies: 127
Views: 17,403
Posted By mwf2220
I'd say up in the short term: ...

I'd say up in the short term:

https://nexusfi.com/attachment.php?attachmentid=321988
Forum: Trading Journals February 3rd, 2022, 09:50 AM
Replies: 127
Views: 17,403
Posted By mwf2220
Sorry to hear that - hope all is well on your...

Sorry to hear that - hope all is well on your end. Would you mind if we carried on (on your thread) in your absence, or would you prefer we wait for you to get back?
Forum: Trading Journals January 18th, 2022, 12:39 PM
Replies: 127
Views: 17,403
Posted By mwf2220
After a move down like that, I would expect to...

After a move down like that, I would expect to see a larger/longer range develop, and there doesn't seem to be much conviction on the up move, so I think another leg down would be the most likely...
Forum: Trading Journals January 12th, 2022, 07:54 AM
Replies: 127
Views: 17,403
Posted By mwf2220
I found this to be a solid introduction to the...

I found this to be a solid introduction to the topic:

https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method

If you want more, I also enjoyed this book, even if there...
Forum: Trading Journals January 11th, 2022, 03:52 AM
Replies: 127
Views: 17,403
Posted By mwf2220
Tricky. My first thought was a secondary test of...

Tricky. My first thought was a secondary test of the UT that happened on high volume around 9:30. Then I started wondering if, to quote josh, I was really comparing "apples to apples" or if that...
Forum: Trading Journals January 7th, 2022, 04:20 AM
Replies: 127
Views: 17,403
Posted By mwf2220
The chart you showed illustrates one of my...

The chart you showed illustrates one of my principle difficulties with this method, in that I often see distinct patterns on top of each other. I get that the markets are fractal and this is...
Forum: Trading Journals January 4th, 2022, 11:00 AM
Replies: 127
Views: 17,403
Posted By mwf2220
I'd go with up. Reasons being the rejection of...

I'd go with up. Reasons being the rejection of lower prices on the last bar, and the general amount of effort - and lack of result - that went into moving the price down towards the spring at 18:00...
Forum: Trading Journals December 30th, 2021, 02:53 AM
Replies: 127
Views: 17,403
Posted By mwf2220
I would say down. The last action looks like an...

I would say down. The last action looks like an upthrust to me. I would expect higher volumes and more commitment in order to consider that a breakout.

I suppose a key question is which is the...
Forum: Trading Journals December 29th, 2021, 01:53 AM
Replies: 127
Views: 17,403
Posted By mwf2220
I would vote for down, as it hit a major axis...

I would vote for down, as it hit a major axis line at 15860 and showed almost no attempt to break through it, with a minorSOW/ease of downward movement on the last bar.
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