Just to kick off the topic with what I've got on an ES 30-minute chart showing PASR levels in Blue with the light dashed lines being Wkly Pvt levels. Merely a "map" coming into Wednesday's trading. Also, am posting from TradeStation charting, the Weekly Volume at Price HVN price areas from RTH. Not much changes in price levels from last posting of my charts. Hope some folks find this useful!
BR
BruceM
Rep: 216,211
Posts: 19,895
I'll be surprised NOT to see a complete gap fill but how much up swing do we need to withstand against our open equity on runners?
runners always tuff!!!
runners always tuff!!!
BR
BruceM
Rep: 216,211
Posts: 19,895
covered all at the 23.50 4 pm close...I just have no good stop placement for those last two...so best to exit....will think of reselling on a push up if they don't get 4:15 gap now first..
I1
i1hunter
Rep: 1,730
Posts: 268
Great work Bruce!
I see no accumulation at all, even with a gap up, same was yesterday.
DJ is below prev. day low. NQ still above it.
I see no accumulation at all, even with a gap up, same was yesterday.
DJ is below prev. day low. NQ still above it.
BR
BruceM
Rep: 216,211
Posts: 19,895
thanks Kool and glad u r here.....always tuff to watch market go further after an exit...I suppose a better trader, a bigger account trader or a trader with bigger Kahunas than I could've held that but I'm always trying to train myself to be satisifed in trading and in life......I won't chase it...and stop placement on runners is one of many trading areas that I haven't mastered.....that one alludes me!.
so ends todays motivational speech....!more babble than usual !!
so ends todays motivational speech....!more babble than usual !!
BR
BruceM
Rep: 216,211
Posts: 19,895
thanks and one of the things I'm working on is the continued effort of the one minute volume work.....Yesterday according to my IB clumped data that big down bar had 43 K in volume...today so far the biggest one is 27 k...the point being that the market each day will be attracted to one or more of these 3 things......
the volume from the previous day or the volume ( one minute bar volume not VPOC's exactly)from the ON session...sometimes both....now what happens there is the real trick
or it will create new volume and jerk around that for the day..
Today we got atrracted up to the volume bar from YD rth range and then fell back to the volume from the ON session as per the one minute spike and then lorns VPOC
so I'm just throwing out the concept ....
so the 22.50 - 22.75 continues to be a point of interest..look at volume spike into it ...all a work in progress
the volume from the previous day or the volume ( one minute bar volume not VPOC's exactly)from the ON session...sometimes both....now what happens there is the real trick
or it will create new volume and jerk around that for the day..
Today we got atrracted up to the volume bar from YD rth range and then fell back to the volume from the ON session as per the one minute spike and then lorns VPOC
so I'm just throwing out the concept ....
so the 22.50 - 22.75 continues to be a point of interest..look at volume spike into it ...all a work in progress



