LOM is loss of momentum, and they have 2 kinds , as attached, STD(Short time loss), and LOM . I do not see a big advantage of them because they plot and market keep on going further.
I used Roy Kelly's cycle ID to find market reversal, BUT they make and delete themselves a lot.
i joined them 2007, learned every possible setup that time and worked very hard but not very smart i guess,,,,,,,i gave it all up after 6 months of crazing learning....anyways, i'm back to it but i would like to also include the volume delta cumulative analysis with it (fulcrum trader)...this way i could see what's happening under the hood....
would love to help you out and we could work together on if you like....
thanks dh004110 for all your help. i'd be interested in watching any other videos that you may have. so are u using delta volume analysis with the indicators and does it seem to work better this time around?
I have heard positive feedbacks about Fulcrum delta analysis but i have not followed his method. I personally use Market Profile to spot key levels and levels of inventory. This is a good complement to NexGen framework. I find it more accurate than using Fibonacci levels.
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