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Price without a reference to volume or momentum or any other factor that would constitute other than price alone?
3 widgets, with prices of 10, 20 and 30. I cannot know the 10 is a good buy w/o reference to the 20 and 30. There are ways to know of the 10 being a great price. For example, I read the news today, about a widget that made the grade and widgets were advertised at 20 and 30, so 10 is a good price. If we buy it at 10 it is sure to go p to 20 or 30, i.e., the price will get momentum and more buyers (volume).
Sorry Michael, but I will read further about price alone. Didn’t Brian Shannon operate on price alone, in multiple time frames, but now uses VWAP and volume at price?
You don’t describe classic trend following. More.
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