Sperandeo relies on Dow Theory and price action to determine market direction. Trader Vic-Methods of a Wall Street Master - Amazon.com
He adds a critical : trends are invalid without volume expansion in the direction of the move. Extra quality means waiting for secondary reactions (e.g., 1/3 to 2/3 retracements) before entry.
Sperandeo, Victor - Trader Vic - Methods of A Wall Street Master
Sperandeo relies on Dow Theory and price action to determine market direction. Trader Vic-Methods of a Wall Street Master - Amazon.com
He adds a critical : trends are invalid without volume expansion in the direction of the move. Extra quality means waiting for secondary reactions (e.g., 1/3 to 2/3 retracements) before entry.
Sperandeo, Victor - Trader Vic - Methods of A Wall Street Master