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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Apakhabar who wrote (10935)12/15/2000 9:21:33 AM
From: TraderAlan  Respond to of 18137
 
Ap,

<I think swing-traders need reduced visibility so that their TA becomes their edge>

Good question. I don't have a black or white answer. It may depend on the strategy of the moment. If I'm buying into congestion in anticipation of a breakout or breakdown, the tape should be dull and non-informative at the time of entry. And my approach to momentum moves is pullback-oriented so I'm not looking for time and sales madness to confirm entry. But in that scenario, I am looking for dry up of volume on the pullback. That's visibility, isn't it?

Alan