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Lesson 7

Posted: Thu Oct 23, 2008 11:16 am
by Trader Question
I am working on lesson seven and you mention once or twice that the PL dot moves within (the previous ) bar range. What is the significance of that?

JA

Re: Lesson 7

Posted: Thu Oct 23, 2008 11:17 am
by pldot
It is one of a number of indications of a slowing of momentum or a turn setting up. Among other things it enables or sets up a 6-1...

There will be more of this as you move through the course.