TAS ?
TAS stands for trading against a spike,its a reversal pattern developed by Bill McLaren
after a countertrend reaction the failure of the market to regain the trend (with a new high (or low) following a move that lasts at least twice as long as the c/t move is regarded as a sign of weakness and you trade off the next signal that the impulse is failing
my only observation is that you have to watch out for triangles...
TAS stands for trading against a spike,its a reversal pattern developed by Bill McLaren
after a countertrend reaction the failure of the market to regain the trend (with a new high (or low) following a move that lasts at least twice as long as the c/t move is regarded as a sign of weakness and you trade off the next signal that the impulse is failing
my only observation is that you have to watch out for triangles...
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