CCC 0.00% 0.1¢ continental coal limited

sorry i bought in to ccc, page-15

  1. 22,593 Posts.
    piotrvip, yes mate but it would only be after seeing the exact same thing on an intraday basis

    ie. if on an intraday you see ultra high volume on your down bars and then it closes well off the lows, (potential pro money buying) and then see successful testing of that high volume shortly afterwards, then you would be seen to be buying in Ultra high volume (but trading on an intraday)

    That would be a first buy, closet to the danger point, something like buying in a 'potential selling climax' day bar,

    then if all works out, the price rises to your AR before returning lower into the area of initial buying (potential) on the daily timeframe and if it looks bullish or tests, buy your second parcel, then manage your trade and so on

    this would look like a higher low

    also it may not come back down and retest that big volume, but not to worry your in the trade anyway and can now move your stop higher


    cheers

 
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