Search results

My levels for today.

I hear what your saying and will reflect on that. I understand you wanting to buy an sell at levels no one else is at. I get that. Again, this is what makes trading a beautiful thing. Attached is my chart I referred to in my previous post ... perfect short to the tick.

Hey Maverick, I appreciate your input and for all you have shared on ET. I certainly am not claiming I have the answer, and I am always willing to question what I do. I was just pointing out something I see happening over and over again. What I see quite often is that a failed a down /...

If throwing enough lines on a chart is what you see then I dont know what to say to you. Each level or line as you call it is a tell. It lets me know if I am right or wrong holding my long / short position. I showed you what I look at every day on that chart. You are free to look at it and...

Obviously those are based on my levels and I am not sure how they would work for others with different levels. I don't want to hijack this thread so I will leave it at that for now. I love a good debate, and nobody in trading has all the answers, that I know for sure.

Yes I would, and I would be happy to show that in a chart as well. It happens over and over again. This chart of crude (staying on topic) shows what has happened the last two days where previous daily levels were revisited. One time met with defeat, the next overcoming the level. (As of...

Again, couldn't disagree with you more. I am not saying they are buy and sell levels, but they are places to determine to get long, get short, etc based on how price behaves around them. Look at the chart I posted a page or so back ... the 97.00 level is yesterdays daily level ... I...

Couldn't disagree with you more. They are points where decisions are made, if price fails at todays A down and heads back up to yesterdays A down level and is quickly rejected, you have a point of reference to trade from and to place a tight stop at. Take a look at any chart, particularly...

Looks like the previous days A down level around 97.00 may have turned into support. What do you think?

I agree with you that it blew past a weekly A-up on 2-1. I guess I just use the levels a little differently than most. When a level is broken, in this case the weekly, I view the next weekly A-up level as the next resistance level on a weekly timeframe. So I guess to be more accurate I...

I have the ES currently testing the Weekly A up, with the quarterly A-Up and Monthly A Up above that.

It's early but resistance was hit at a previous A down level.

Off the monthly and back to the weekly.

CL

To the tick ... 95.81 was touched. We will see if this is todays support.

At the weekly a down of 96.40. Will we see the monthly tested today ... 95.81?

Looks like it will re-test the weekly 96.40 area again.

Sorry about that, I should have put a caption on that chart ... but daily is blue, weekly is yellow, monthly is red. I also calculate out quarterly and yearly levels but they are not in play at the current levels.

That chart and this chart are showing daily, weekly and monthly levels. Any values I calculate using OR I refer to as intra-day values which are not shown on this chart as I tend to only use those as confirmation of a slightly longer time frame. We came down and hit the weekly of 96.40...

Crude currently hovering above the daily, weekly, and monthly A down levels.