Trader Vic Methods Of A Wall Street Master By Victor Sperandeopdf Work ✦ Full Version

The confirmation occurs when the price turns back around and breaches the low of the intermediate pullback (the trough between the original high and the failed test high). Once this level breaks, the trend has officially reversed, providing a high-probability entry point for short sellers or a signal for long investors to exit.

Print out the risk section (pages ~120-140 in most editions). Tape it to your monitor. Re-read it before every single trading session. The confirmation occurs when the price turns back

Price turns back around and breaks above the intermediate high set during the initial trendline breakout rally. the trend has officially reversed

This is a high-probability setup for a sharp reversal. Sperandeo warns: Use 2B only in liquid markets and always with a tight stop. The confirmation occurs when the price turns back