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when the moving average is moving up it is easy to see the trend is up, when it's flat then at that moment it' trendless and when it's point down the immediate trend is down

Clearly in a trading range and I would wait for more clarity before I would enter. The pm 3187 and 3194 is still holding price.

It acts as a moving trend line

If I remember correctly it acts as a trend line but no trading decisions come from trend lines unless its at support or resistance

early morning hinge

I use it as a guide and price seems to respect it.

I saw several chances where the market gives us a second chance to buy today on the 2 minute nq!

I think the answer would be the mid point of the zone or range

I was acually refering to the zones that I gave!

At support and resistance and since the bias has been up one can assume the big players were accumulating shares at these levels.

on the ndx daily 2970-3000 and 3110-3146

I believe there are only 2 areas to be concerned with are where the most trades have taken place. Is that correct db?

Volume seems to be lower on every retracement and the supply line is never broken on the 2 minute

On the ndx the highest volume at price area is between 2964 and 2997, is one to assume on a retracement this could be a magnet for price to reach?

Hey Db on an intra day chart how much attention do you pay to the time of each wave? I know the size of the wave is important in determining supply and demand but do you also pay attention to time?

Through observations this week it appears to me that the lolr is still up for the time being. I'm in the process of working on my price action method, to me it seems like I focus too much on what other people say. According to the experts you need an edge, confidence in your edge and rules...

After looking at the chart for the entire day the uptrend got a little over extended after 1pm cst and mainly drifted into the close. I'm not sure how I would have traded this had I been watching it live but from the tape the bulls were in control most of the day and the best trade would have...

Lots of sideways action in between each advance with only 3 or 4 scary retracements, after watching 2 hours on replay it turned out that the 1st 2 swing moves each moved around 13 points so congrats top those who were on the long side!

What does mp mean?