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There are two things I look for when evaluating a trade (while its on my watch list---and maybe the reason its on my list) or during a trade.
These two things indicate whether I should buy/sell/increase my position/move my stop or hold.

EFFORT
We generally see effort at tops/bottoms/and out of consolidations and patterns both longer and shorter term.

LACK OF EFFORT
We generally see this at tops/bottoms and IN consolidations and patterns both long and short term.

Understanding WHEN they Occur and What they mean when they do occur--give us the opportunity to anticipate a move which we can profit from.
They also tend to be great places to place stops or raise stops to.

EFFORT can take the form of a few things technically.
My favourite is THE GAP.

Gaps take effort -- some are very clear and some more subtle.
There are many types of Gaps---those I'm interested in are Break away Gaps/Continuation Gaps and Exhaustion Gaps

Gaps are often accompanied by Volume.

So the question is ---How can I tell what the effort of a gap is anticipating.
Whats it mean?

Breakaway gaps often blast through a resistance area on volume. I find the wider the gap and the wider the range with a very strong volume in the process---the more likely the GAP WILL BE FILLED---so watch for these conditions before you rush to join the crowd.

The thinking here is that buyers swamp sellers normally on open or after a trading halt.
Supply is swallowed up very fast.However buyers are reluctant to buy at prices which have increased very quickly and are well away from where the action started. So Demand dries up.

See charts
Here we take a look at a gap and we look at VOLUME as EFFORT and LACK OF EFFORT.See if you cant follow the chart. I've added some hints to help you read on the charts and Ill show you a strong concept shortly which will help you even further in your chart reading. It is something I've not seen in any books---in fact I currently have a patent attorney arranging Copy right.

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<blockquote data-quote="tech/a" data-source="post: 672781" data-attributes="member: 257">There are two things I look for when evaluating a trade (while its on my watch list---and maybe the reason its on my list) or during a trade.These two things indicate whether I should buy/sell/increase my position/move my stop or hold.EFFORTWe generally see effort at tops/bottoms/and out of consolidations and patterns both longer and shorter term. LACK OF EFFORTWe generally see this at tops/bottoms and IN consolidations and patterns both long and short term.Understanding WHEN they Occur and What they mean when they do occur--give us the opportunity to anticipate a move which we can profit from.They also tend to be great places to place stops or raise stops to.EFFORT can take the form of a few things technically.My favourite is THE GAP.Gaps take effort -- some are very clear and some more subtle.There are many types of Gaps---those I&#039;m interested in are Break away Gaps/Continuation Gaps and Exhaustion GapsGaps are often accompanied by Volume.So the question is ---How can I tell what the effort of a gap is anticipating.Whats it mean?Breakaway gaps often blast through a resistance area on volume. I find the wider the gap and the wider the range with a very strong volume in the process---the more likely the GAP WILL BE FILLED---so watch for these conditions before you rush to join the crowd.The thinking here is that buyers swamp sellers normally on open or after a trading halt.Supply is swallowed up very fast.However buyers are reluctant to buy at prices which have increased very quickly and are well away from where the action started. So Demand dries up.See chartsHere we take a look at a gap and we look at VOLUME as EFFORT and LACK OF EFFORT.See if you cant follow the chart. I&#039;ve added some hints to help you read on the charts and Ill show you a strong concept shortly which will help you even further in your chart reading. It is something I&#039;ve not seen in any books---in fact I currently have a patent attorney arranging Copy right.[ATTACH]45310[/ATTACH][ATTACH]45311[/ATTACH][ATTACH]45312[/ATTACH][ATTACH]45313[/ATTACH]</blockquote>

[QUOTE="tech/a, post: 672781, member: 257"] There are two things I look for when evaluating a trade (while its on my watch list---and maybe the reason its on my list) or during a trade. These two things indicate whether I should buy/sell/increase my position/move my stop or hold. [B]EFFORT[/B] We generally see effort at tops/bottoms/and out of consolidations and patterns both longer and shorter term. [B]LACK OF EFFORT[/B] We generally see this at tops/bottoms and IN consolidations and patterns both long and short term. Understanding[B] WHEN[/B] they Occur and What they mean when they do occur--give us the opportunity to anticipate a move which we can profit from. They also tend to be great places to place stops or raise stops to. [B]EFFORT[/B] can take the form of a few things technically. My favourite is [B]THE GAP[/B]. Gaps take effort -- some are very clear and some more subtle. There are many types of Gaps---those I'm interested in are Break away Gaps/Continuation Gaps and Exhaustion Gaps Gaps are often accompanied by Volume. So the question is ---How can I tell what the effort of a gap is anticipating. Whats it mean? Breakaway gaps often blast through a resistance area on volume. I find the wider the gap and the wider the range with a very strong volume in the process---the more likely the GAP WILL BE FILLED---so watch for these conditions before you rush to join the crowd. The thinking here is that buyers swamp sellers normally on open or after a trading halt. Supply is swallowed up very fast.However buyers are reluctant to buy at prices which have increased very quickly and are well away from where the action started. So Demand dries up. [B]See charts[/B] Here we take a look at a gap and we look at VOLUME as EFFORT and LACK OF EFFORT.See if you cant follow the chart. I've added some hints to help you read on the charts and Ill show you a strong concept shortly which will help you even further in your chart reading. It is something I've not seen in any books---in fact I currently have a patent attorney arranging Copy right. [ATTACH]45310.vB[/ATTACH] [ATTACH]45311.vB[/ATTACH] [ATTACH]45312.vB[/ATTACH] [ATTACH]45313.vB[/ATTACH] [/QUOTE]

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