@Jako64 another question when you have the time and not strictly...

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    @Jako64 another question when you have the time and not strictly Wykcoff, but when you are in a position and the SP is heading up into a previous resistance zone, what is the best way to sell all/part of your position.

    1) Anticipate a retraces at the resistance zone (have a set sell limit) or
    2) Wait for a few bars to play out near/at the zone (if you can), look for indications it will retrace (narrowing of the spread, poor closes, lower volume etc) then take action?

    I'm just worried that the resistance area might not be that strong and you can sell to early.

    Oh that brings me to resistance / support zones - can you tell the stronger zones by previous price action?

    Ok one last, with your two bar reversal theme, does short covering mess up the signals?

    Thats enough from me, I better throw up a chart (IIL). I swear the last 7 bars bars look like absorption to me. Higher highs, higher lows poor closes with no follow through.

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