Hi @Jako8557
Yep, I agree with these points and had understood these from other posts you've made:
- have a trading plan, but yes, be nimble. Expect nothing. [At the moment, I'm focused on correctly identifying the floor and ceiling of the Trading Range, particularly with view to being able to identify (anticipate) the Spring. (@Jnnl has been posting useful insights on this lately.)
- respond only to what the chart is telling you (ie. which Wyckoff phase we're in: trading range, accumulation, mark up, mark down etc)
Can you pls expand on, as you see it, the difference between accumulation and absorption. I think you're meaning that the latter has a bit more "chase" than the former.
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Hi @Jako8557 Yep, I agree with these points and had understood...
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