Posted in the Elite room:
On your first trade that you thought was a PP2 trade the 2 down trends are not very comparable I would think. You have 3 bars going down and then about 8 bars going up and then about 7 going down. 3 bars compared to 7…of course there would be lower VAD on the 3 bars going down comparatively to the other 7 going down. Skelton mentions this trap in the power play course. Am I viewing this correctly? I may be doing a terrible job explaining that.