Price Action. Please clarify something for me

[sgsaxton]

Whilest the market is accumulating/distributing, apart from the volume are there any tell tale signs one can look for to detect the direction of the breakout?

 

[1000]

Quote from sgsaxton:

Whilest the market is accumulating/distributing, apart from the volume are there any tell tale signs one can look for to detect the direction of the breakout?

That's what makes a successful trader. It's like being a doctor/lawyer/etc. Anyone can be their own doctor or lawyer, but they cannot do it day-in-day-out under different situations/instruments/environments. Need the complete picture.

 

[NoiseTrader]

This is one of the best self-guided courses on reading price action, pretty much exclusively devoted to reading price action...

http://trend-dynamics.com/TD_Products_Self_Guided.htm

 

[stephenszpak]

Quote from sgsaxton:

Whilest the market is accumulating/distributing, apart from the volume are there any tell tale signs one can look for to detect the direction of the breakout?

sgsaxton
______________________________________________
VSTscalper wrote this:

My point in showing these three charts....is to say....we have to be flexible....Scalp when needed....follow the Trend....when you see it develop.

_______________________________________________

There is a lot here, though I don't think it is exactly going
to answer your question (?) I'll have to read this thread
more carefully today.

http://www.elitetrader.com/vb/showt...080&perpage=6&highlight=scalping&pagenumber=1

Ninja trader has a free simulator. The real-time data you
need for it is NOT free however. This is something to consider.


You might want to contact VSTscalper. I've spoken with him
on the phone, nice guy.

-Stephen