Numbers I'm watching on the upside
1069 Low Volume as per histogram
1073 - 1075 Pivot, High volume key number
1081 volume spike and 15 minute air pocket
downside numbers
I'm hoping to sell rallies with high $ ticks in the am..that's the plan if we open above Fridays close...but trade down into key numbers BELOW 1061 will be buys for me on low $ tick readings
61 - 62 lots of volume
47 - 50 key number previous volume
39 - 41 key breakout point
Hoping to revise these after I fire up my IRT charts
DA
DavidS
Rep: 3,181
Posts: 557
Understanding more as we go. Thanks to both of you for the great posts and charts.!
SL
slow
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Posts: 3
Originally posted by BruceM
anyone getting any of this or is it only me and koolio now....and nice hold for that 65 target kool...!! Rockin!!
Enjoying every post. Thank you much.
PH
phileo
Rep: 3,062
Posts: 520
Hi Bruce,
Yeah, now I see 1058. I was wondering why it reversed at 1057-58 this morning. The reason I didn't see that was because I didn't do enough homework going that far back.
Yeah, now I see 1058. I was wondering why it reversed at 1057-58 this morning. The reason I didn't see that was because I didn't do enough homework going that far back.
BR
BruceM
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Posts: 19,895
Ok, I've cleaned this up a bit....this is 60 minute periods and each letter (A, B, C, D) represents 15 minutes of that period. I also removed the actual volume display and the Va areas..we are currently bouncing off the 61 line and they may try for that 64 - 65 area as that is another untouched point.
The dilemma comes from wondering " do we use POC's based on time or actual volume"...the best lines will have both near by
The dilemma comes from wondering " do we use POC's based on time or actual volume"...the best lines will have both near by
BR
BruceM
Rep: 216,211
Posts: 19,895
thanks...I'm not "fishing" for compliments although they are appreciated...I just don't want to be wasting my time either...I know most understand..
I think in many ways it would be cool to retest 64 - 65 and then rollover to go get that double low and the 59..I will be stopped and will need to find a new entry if that happens first..
I think in many ways it would be cool to retest 64 - 65 and then rollover to go get that double low and the 59..I will be stopped and will need to find a new entry if that happens first..
BR
BruceM
Rep: 216,211
Posts: 19,895
so Lorn that low voluem should be good for us consolidtaion folks as it would take high volume to move it away and hold it away from Vwap...is that how u see it...?
PH
phileo
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Posts: 520
Originally posted by phileo
lots of wicks under 1062, a break above 1063 targets today's open 1065
ABCD move today:
1057-1063 => AB
1060.5 - 1066.5 => CD
so, a potential measured move target for this current up sequence would be 1067.5
LO
Lorn
Rep: 16,037
Posts: 1,406
Yes sir, spot on interpretation. I see lots of volume building in the 1061-1063 area, as you've been pointing out. 1060 looks like a good place for prices to visit and say hi to a bunch of stops, don't you think?
Originally posted by BruceM
so Lorn that low voluem should be good for us consolidtaion folks as it would take high volume to move it away and hold it away from Vwap...is that how u see it...?


