Tuesday, January 15, 2008

more 1-15



Well I guess this is why keeping a journal is a good idea. I noticed during the time in black box up top that price kept violating my volume profile levels but not breaking out. I was viewing this more as range extension which i soppose it was. Had the wvap minimized and just noticed that price was walking down the 2nd std dev band. Something for future refernce too is to keep an eye on the slope of the vwap. I had not seen such a down sloping vwap in retrospect before. Fantastic setups fading moves up to the std dev bands there.

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