Replies to post #22397 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

more insane news
a large asteroid is headed towards earth.
its very unlikely to hit but anything in this world is possible
https://www.giantfreakinrobot.com/sci/massive-asteroid-earth-2.html

[dotnet]

Yes. I do very good doing trades for that day and do not hold overnights. i hardly spend any time researching as i just trade spy,qqq,aapl,amd,msft....big ranges....
the big screw up happens when there is huge gap ups then fomo kicks in and feel bad missing on that and hold 1 or 2 positions overnight next day....

[jxyzobrien]

rally baby bull candle from hell
notice how we went above that candle and came right back into the
range it was a false move up

bears 106k vol vs bulls 60k (15 min candle)
so bulls need more volume to get above the 15 min red candle

amazing how price and volume really work and how devious they are


buy program pushed tiks to 1000 and tics dumped
advdec moved up rally not over
like said high chance of daily bottoming tail candle
bears trying to get market lower on fumes
1 min double zoom zoom

as expected
can not make new lows with low volume vs big green candle volume