What is VWAP & TINA acronyms for?
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Thanks, I was speculating TINA had something to do with turning points in the market
Jinx!
Heh. I figured as much but you never know. There's so many acronyms these days it's insane.
In after hours tonite, we bounced off 3106. I just want to ask everyone....why that level ?
What was so special about that level ? Fib retracement level ? Previous high or low ? 50 period moving average ?
Why not 3108, 3110 ?
Point is: isn't it stupid to try to predict the exact price of these trend reversals ?
I mean to me, you just have to go with the price action....and go with the flow...as I do see the volume behind the move up.
What was so special about that level ? Fib retracement level ? Previous high or low ? 50 period moving average ?
Why not 3108, 3110 ?
Point is: isn't it stupid to try to predict the exact price of these trend reversals ?
I mean to me, you just have to go with the price action....and go with the flow...as I do see the volume behind the move up.
In my mind, TA levels do not apply in overnight sessions, since most TA was developed on US RTH. There is an inherent bias built into most indicators.
Bump. This is my vote why it was 3106.
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