(This post was last modified: 2013-03-05, 08:00 PM by goodtyneguy.)
RE: Watchlist - Investor method
(2013-03-05, 05:34 PM)isatrader Wrote:(2013-03-05, 05:29 PM)goodtyneguy Wrote: There's an awful lot of volume as the price comes back to the BO level!
I focus on the P&F chart for pullback volume compared to the breakout volume as it shows the cumulative volume for each move up and down. But agree it's looks heavier on the daily chart. But it was only on a few days, and so is small compared to the cumulative volume on the breakout column on the P&F chart, so am less concerned and think it will hold if Gold stabilises.
Yeah, I need to get to grips with P&F charts. I never imagined it would take so much commitment to make this method work.
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