Bottom

Quotes

It’s almost impossible to hit a bottom without a massive price/volume spike down on a 5-min chart. Some call this a “flush” but I like to call it a “puke” because people are literally “puking” out their positions, causing this market action. Watch for it. But the real nail in coffin for me is price …

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Time and price

Quotes

Confirmation of a powerful impulse move comes when the new price level is sustained for a period of time. Once I see the sustaining of the new price levels I will begin to commit a more significant amount of risk for a possible new trend. for 20+ minutes I would be willing to commit more …

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