Dr. Vance Cast of Delta Trading Group evaluates the retracements (the shorter leg movements) and identifies that the trend is actually changing. This trade was recorded during a live trading session on November 5, 2015, with real money. All Delta Trading Group members placing this trade with Dr. Cast were +4 points
quote-01 “You have to evaluate what the market is doing by looking where the retracements are. The retracements are the shorter legs”
-- Clifford Vance Cast
 
If you would like more information on retracements, please feel free to download this handout 3.3 Retracement Concepts
 
Free-Visit-Red-01-png