The 1st pullback after a Wedge (W1P) is extremely suitable for swing trading, as it gives you a measure of the market’s strength – what bulls and bears “have” and everyone in the market gets that same information, which is why I prefer to enter on pullbacks.
The Reversal Signal Bars indicator now shows Supporting Volume, compared to prior bars as well as possible Entry Bars and Breakout Bars after a Reversal Signal Bar.
The Buy Sell Pressure indicator now shows possible Volume Divergence (re-test of an extreme on lower volume).
Supporting Volume, compared to prior bars
Entry Bars and Breakout Bars after a Reversal Signal Bar
Volume Divergence on shrinking bodies at the end of a pullback
If you already had a trial of our indicators and want to check them out again, just drop us an email with your NinjaTrader Machine ID and we set you up for a another one.
Risk Disclosure:
Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
