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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (51883)8/30/2002 12:25:46 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
To have a Hound, you need a setup that points strongly in one direction and then goes hard the other way. Classic example would be a rising wedge that breaks to the upside. It is the setup that lays the bait, catching so many players exposed in the wrong direction.

There was no such setup today.