MyPivots
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
Btw Kool, interesting chart you posted on this page: http://www.mypivots.com/forum/topic.asp?TOPIC_ID=5075&whichpage=3

Here's what I've got for potential significant S/R price areas for Friday using a 15 minute chart. Blue=price action S/R ... Red line is Wkly Mid-Pvt ... Green(ish) line is Wkly R1 Pvt. Pleas offer any and all feedback and analysis and charts etc. !

Jobless report will be premkt ... so may be some interesting gyrations to watch.

Click image for original size
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KO
koolblue
Rep: 48,651
Posts: 16,032
but notice also it really doesnt lead a move .once in a while ,but usually just when a rise or decline occurs . like i say its of limited use ..(i think my 3 ema's are much better!) but it looks so pretty i keep it on my chart!lol
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
I'm sitting in "I don't know" land right now. The break above 64 didn't push on to test near the high around 69 (only got to 67.25) and has pulled back to 64 and trying to break beneath on slow trading for now ... both actions signal some weakness to me ... though still range trading in slow-motion. Will watch for now.
KO
koolblue
Rep: 48,651
Posts: 16,032
see?it came right down to the avgs and bouces off of them. P.T EMINI AND VOWATER AND I HAVE A SAYING ..NEVER THE FIRST TIME...AND ITS GENERALLY TRUE!!
KO
koolblue
Rep: 48,651
Posts: 16,032
P.T;s 100ema is currently 1063.25 and mine (54ema)is 1063.50. the red avg is 15ema and i guarentee you the red avg will hold it up in a decent up move (decent = 5-20handles or so) ...always. when it breaks that avg the trend just ended!! same on the reverse (downtrend )of course
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Kool,

Sure I know how to retrieve it, thanks in advance. On the ninja control center click tools > edit ninja script > click indicator > find bidask > open then copy and paste here.
KO
koolblue
Rep: 48,651
Posts: 16,032
OK JOE .ILL TRY IT THIS WEEKEND! ILL LET YOU KNOW.....
KO
koolblue
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Posts: 16,032


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KO
koolblue
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LAST POST ..IM HIJACKING YOUR THREAD WAY TOO MUCH!..SORRY..JUST DAM PROUD OF THAT LAST LITTLE GIMMEE SCALP!
KO
koolblue
Rep: 48,651
Posts: 16,032
PS:RETAIL ZOOMED UP TO JUST ABOUT ZERO NOW!...I WONDER ..1073.25-1074?...SEE YA MONDAY!..HAVE A GREAT WEEKEND!
BR
BruceM
Rep: 216,211
Posts: 19,895
no hour break...a real bore - a - thon......still favor short side which means they'll probably run me out at the highs..still using 62 as the magnet but your 64 is stronger so far MM......like to see this break and go for the hour lows.....I'm the monority..the 67 area has worked well today.....that's plus 10 off the open but more important we went 10 points above the previous high volume thrust from yesterday...57 - 58...I knew they'd clean that up today as they smoked me yesterday afternoon....bastards...LOL...if the 61 - 62 is todays high volume then my spanking new theory that is in test mode is pointing to either 71 - 72 or 51 -52.......we'll see...the 72 goes well with some of your folks projections...I won't be on the longs up here though
BL
blue
Rep: 751
Posts: 388
quote:
Originally posted by BruceM

hey Blue, can IB make vwap bands now or are those bollinger on you chart...? I haven't messed with it lately...thanks

Bruce



Yes the chart is from IB.
The red bars are volume bars by price. I didn't realize they had it.
Your references to volume areas twigged me to look.

the bands are ETB
which I think stands for envelope trading bands.

I wanted something that didn't increase in distance (width) with volatility as Bollinger and, to a lessor extend, Keltner do.