When you get a moment to could you post an item on interpreting
the tick tool signals. This morning it showed: Fill 38%
Reverse 3% Breakdown 62%.
That to me seems like it is indicating only a 38% chance
of a gap fill. Obviously i'm interpreting it incorrectly,
because you say there was a good chance of a gap fill. So how
the heck do you read this thing?
Reading the tick tool
SPY 5 min and gap filled
Posted by 2thguy on 6th of Jul 2015 at 10:57 am
Matt...
When you get a moment to could you post an item on interpreting the tick tool signals. This morning it showed: Fill 38% Reverse 3% Breakdown 62%.
That to me seems like it is indicating only a 38% chance of a gap fill. Obviously i'm interpreting it incorrectly, because you say there was a good chance of a gap fill. So how the heck do you read this thing?
Again, your input is appreciated.
please read over all those
Posted by matt on 6th of Jul 2015 at 11:16 am
please read over all those written examples in the sticky post, there's a ton of descriptive text that explains each item,