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
 
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