Well the LVA worked pretty well in FAS. Gave a good buy signal as price smoked up through it and then gave a pullback buy off it.
Pretty worthless on AAPL with the massive sell off yesterday.
AAPL had quite a bit of action as well, that's the HVA and POC on the screen there. I especially like the play near the end of the day. Price decidely takes out the HVA with a strong up move, then neatly pullsback to retest it. I call that taking candy from a baby.
Forgot to post Friday's numbers but they worked pretty well:
FAS:
HVA: 9.14
POC: 9.04
LVA: 8.96
AAPL:
HVA: 137.88
PC: 137.18
LVA: 136.62
How FAS worked on Friday:
Only the HVA came into play, nice buy off of it. I find with profile numbers you have to use a...
Commodities should begin their next rally tomorrow of Friday. Gold has already pulled back nicely, so now's the time to buy. I'm waiting for break out entries on GOLD, GG, ABX, UNG, and USO. The time for pullbacks is over, well, you never know.