The enemy of learning is knowing. As much as I am primarily TA...

The enemy of learning is knowing. As much as I am primarily TA based I have also learned from my many mistakes, that momentum begets more momentum and when volume pushes through the breaks the pullbacks are often shallow. PA in the shake out this morning was pure pro action.

I agree it looked like stalling at the 9c range yesterday but it was simply churning the left side overhang from Jan/Feb this year.

A pull back will come at some stage but swinging in and out of these type of plays is more risky and way less profitable than sitting tight and allowing the bigger moves to play out.

Each to their own though and I often have a trading parcel too but leave my core parcel to bloom when TA and FA match up.