i would not trust these numbers. i am new at picking key numbers. also i dont know how you people post and trade at the same time. my hat is off to you. just maybe someday i could do the same.
ok here what i got
1250-52.5
1240-42.5
1234.5-36.5
1225-27.5
1214-1216
1206-08
1200-02
take care
duck
DU
duck
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i am not really sure..i have been train to look across multi time fames..(5min up to 60min)..draw horitional lines to pick out the numbers..i am just learning to put the volume into those numbers.do these numbers match up with market delta numbers?
take care
dukc
take care
dukc
DE
della
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TR
tradezilla
Rep: -17
Posts: 335
Y, I agree.. it turned out to be a wash trade for me... I shorted 2 at 38/38.75, took one off for a nice profit, added 1 again back up and got stopped out on both....
the primary reasoning was LV, HOD and DX was basing with strong ledge support underneath so a runaway to the upside seemed less likely to me but got stopped out never the less...
BTW - a few other traders got 42.50 as a number, one was an old POC from Dec2010, another had doubles up there... My question is are doubles significant? Are old POC and value areas going that far back still potent?
the primary reasoning was LV, HOD and DX was basing with strong ledge support underneath so a runaway to the upside seemed less likely to me but got stopped out never the less...
BTW - a few other traders got 42.50 as a number, one was an old POC from Dec2010, another had doubles up there... My question is are doubles significant? Are old POC and value areas going that far back still potent?