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BUYERS CAME IN AT 3190 NOW THE KEY COULD BE IF 3204 SUPPORT IS NOW RESISTANCE!

A good example of volume picking up at the support zone around3223

As an example of what I am looking at the 1st trade was a short with a3234.50 entry and a stop of 3237.75. 2nd trade was a long at 3228.50 with a stop of 3225.50 and the 3rd arrow is long at 3235.75 with a stop at 3234. my goal is to be trading live in January so I have more observation on my...

12"08cst we have a double top failure so not saying a change in trend just a heads up with the demand line broken

Since early am we have been in an uptrend with the double top failure at resistance at the 8:56 cst bar was an ok short then we found support at 3222 or real close to our high volume node from last week. we get a great chance to go long on a retracement at 9:34 and after that it's a matter of...

Pretty clean looking day with 2 nice up moves and 1 down trend that stopped right on the 50% retracement mark from the low to the high!

These are the trades I saw today as the best entrys

I meant the demand line!:p

Thanks for your help Horton another piece of the puzzle I'm starting to understand!

The support and resistance levels from Friday came into play today. The nq had a nice uptrend today with the supply line and swing lows holding until 12:54cst.

Thanks Horton now that the gap is filled the next level could be 3224

with the futures trading below such an important level (3204) it sholud not be a suprise that the market is testing that level from below!

I've been using volume at price from bigcharts to help me find support and resistance on the hourly chart, for Monday 3204 and 3224 are both high volume areas to watch for. Also there is a hinge on the hourly.

why not just take what you can from this thread and add it too your own method? There is a lot to be learned especially from the first 5 post!

Thanks Horton

I am developing my system and trying to filter out some trades my system was generating too many trades per day and that's why i asked for advice from db was to use the wyckoff system to help filter my trades and it really is helpng.

Horton does hvn mean high value number?

Here is what I saw today on the nq. the highest amount of trades took place in the 3224-3224 area therefore acting as a magnet later in the day.

On the 1 minute chart so far itr looks like a test of the gap from this morning

the charts are 1 minute!