Flow
Posted: Tue Oct 07, 2008 11:15 am
I finished the Lesson on Flow and now on to Lesson 28. I have difficulty grasping the concept of flow (I guess I am not the first one). Let me put my question by an example: Lesson 28, video 1.2 or 1.3, screen 21, it says: "we see this a C, with a target to the downside of course, since we cannot go any other direction as strength pours into resistance." My question is that we won't know that strength is pouring into resistance until it has poured into it and market has already gone down. By then, this info is of no use. We can only anticipate that strength will pour into resistance based upon HTP, kind of trading etc., and then we can monitor it to happen on LTP. Is this the concept of 'flow' anticipate and monitor combined? or something else?? H. B.