21st May Continuing on we observe the following At approx 6:50 the market spiked up to test a previous S/R area. To confirm this take a look...
For Thursday May 21st Attached see the chart showing the overnight action prior to the market open Notice the extended move down during...
No pre-market report today. What I do want to do however is to refer traders to the method in this link....
The main ideas to take away from the preceding charts are as follows; 1. Identify the major trend on a longer term chart 2. Use the $DJX to...
At 8:45 we get our first pullback in this new downtrend Looking down at the indicator pane, we have confirmation of a short entry Short...
From 7:30 to 7:45 price consolidates at the pivot At 7:46 price closes below the 34ema for the first time, signaling the possible end of that...
We direct your attention back to the $DJX chart posted previously. On that chart (using 15 minute candles) you saw the cash test its previous...
This next chart is 1000 tick candle with 9 & 34 period EMAs The lower pane shows MACD (3,10,16) Market Profile numbers were VAH = 913.75...
OK so here's how we will do this today This first chart shows yesterday's close and the re-test of the intraday low at 903.50 You can also...
Today was an excellent day. Attached chart of the $DJX shows a number of trading opportunities that could have been taken as follows 1....
In this chart using 15 min candles we can see where we are in what is now a well established channel Intraday Open Interest is up Intraday...
Sorry folks, this briefing will be a little bit less detailed I have maintenance to do on my own account. Spreadsheet analysis of performance...
$TICKI is the Dow Tick A reading of 18 to 24 is probably a program basket Sorry folks I am not ignoring you, but I have no time to post at...
On the open we would be looking to trade a test of a value extreme. We would be watching for strength or weakness in the Dow as evidenced by...
and intraday volume is down (below 2.6) To our eye this indicates that size is "in the market" and that we have a healthy trending process in...
Intraday we can see that open interest is up
Okay a quick briefing First, prior to the pre-market check I calc'd my basic Market Profile numbers as follows; VAH = 907.50 VAL = 895.50...
I have no idea why the local trolls have stayed away. Perhaps they have been learning something new? As for your comment about value areas, my...
When the previous poster finds a way to have big size on only when they are right, please post that solution..... When the previous poster...
Yes, lets not forget that
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