TST - Good to see you practicing. One thing "Also it mentions selling climax's are accompanied by narrow spreads - does this always have to be the case or is the book more of a 'guide"
I think what the book is referring to is "tests" for supply coming back down into the body of the "selling climax" say after its first cleared the bar?
On TXN I see where you mentioned about taking the high risk trade. That is very high risk - and Tom Williams would probably have taken that trade - but I'd be worried about my position now because if there was any buying in the bottom I would have expected to make some headway by now back into the bar - anyway.
Heres an updated ANZ - new comments are highlighted. Sorry Mitkye - the last bar is VERY weak - a no demand bar ie an up bar closing of its high on narrow spread and on the lightest volume in 3 bars (its actually an upthrust as well just in case we had any doubts) at a spot where you would be watching for weakness.
