Quote from steve46:
Hey Folks:
I just wanted to ask a question or two:
I notice that you guys post about positions taken and whether we are going to see price fail to take out a number.
What I never see in these posts are comments about how to make decisions, what additional data to monitor, how to determine momentum, etc.
For example, I watch the cash market pretty close, and I watch volume, but the volume I watch is the difference between up and down (also known as $ADD on Esignal) volume. Once I am in a trade I like to watch the tick and ticki. Especially for those who want to sell into strength, I would be looking for a Ticki reading above 26 to exit on.
Good luck folks
Steve