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RE: Awesome PAY trade yesterday, and how to use Volume on a chart

in #trading7 years ago (edited)

Thanks for the reply Luc. While i think im starting to understand several things (like for example the need of a good bounce back in order to qualify something as a base) i think since bases are crucial in order to trade like you it would be useful for me and others which are following you if you can create another video talking just about bases in more details and maybe even showing examples of the different ones (bottom of the candles or the stick so to speak). I think having a "dedicated" video teaching just how to determine bases will be super helpful since if we dont determine the right one we can get stuck on a trade longer than we want. I recognize that determining the base is my biggest drawback currently as it `s not as easy as i thought so and help in this regard from you will be much appreciated

I also want to ask you about timeframes. For example if im working on an one hour chart -what if the base wont be "cracked" so i can buy? Unless im missing something -which i think i do :) my concern will be thati will draw my bases set up my buying spots and then realizing that if the bases wont get cracked the day can easily go off without any trades. Can you please explain how those timeframes work ?