Trader Vic Methods Of A Wall Street Master By Victor Sperandeopdf Better -
Report: Trader Vic – Methods of a Wall Street Master by Victor Sperandeo
This method is designed to confirm when a trend has definitively reversed, preventing the trader from jumping the gun.
The Retest:
Price attempts to return to the previous high (in an uptrend) but fails. Report: Trader Vic – Methods of a Wall
Sperandeo views this as a "trap" where momentum traders are forced to exit, providing liquidity for a sharp move in the opposite direction . Report: Trader Vic – Methods of a Wall