ES Journal - 2019/2020

Cessna06P · Sep 4, 2020

any attempt to rally hammered down. lets see if B1's floor holds

tiddlywinks · Sep 4, 2020

tiddlywinks said:
For immediate ES "floors", I have a cluster of RTH Naked POCs here...

3444.25
3430.50
3416.50
3401.50
3385.50

There are many more below those, but mostly with more air between, down to 2730.

Naked RTH POC update...

Yesterday's post of the evenly distanced cluster of RTH Naked POC's is now gone.

The next 3 RTH POC's below are...

3316.00
3290.00
3226.25

Interestingly, there is only one above...3437.50
I say interestingly because there is a couple hundred points (or so) of price history above, but no naked POC's between here and there! The one above was formed today, and can change.

Wheeee!

Builder17 · Sep 4, 2020

tiddlywinks said:
Naked RTH POC update...

Yesterday's post of the evenly distanced cluster of RTH Naked POC's is now gone.

The next 3 RTH POC's below are...

3316.00
3290.00
3226.25

Interestingly, there is only one above...3437.50
I say interestingly because there is a couple hundred points (or so) of price history above, but no naked POC's between here and there! The one above was formed today.

Wheeee!

Would you mind defining a POC and what makes it a POC

EON Kid · Sep 4, 2020

EON Kid said:
3350 should bounce hard

taking a bow, starting a only fans

tiddlywinks · Sep 4, 2020

Builder17 said:
Would you mind defining a POC and what makes it a POC

The Point of Control, commonly abbreviated as POC, is a Market Profile term which describes the price level where the most volume was traded.

A Naked Point of Control (also called a Virgin Point of Control) is a previous POC which has not been traded at (taken out). It remains active until it is traded at (taken out) and for this reason it attracts price towards it.

Most of my methodologies/signals/triggers are volume-centric.

HTH

syswizard · Sep 4, 2020

EON Kid said:
3350 should bounce hard

Nice call !

EON Kid · Sep 4, 2020

assuming that low will hold, want to take longs, 3355 for 3440 over the next few hours

chillibean · Sep 4, 2020

anyone noticed we've had a little drop last few days?

syswizard · Sep 4, 2020

Pop 'n Droppers replaced by Dip 'n Rippers in NQ.
180 pts north in like 13 minutes....WOW !

Builder17 · Sep 4, 2020

tiddlywinks said:
The Point of Control, commonly abbreviated as POC, is a Market Profile term which describes the price level where the most volume was traded.

A Naked Point of Control (also called a Virgin Point of Control) is a previous POC which has not been traded at (taken out). It remains active until it is traded at (taken out) and for this reason it attracts price towards it.

Most of my methodologies/signals/triggers are volume-centric.

HTH

Thank you for the explanation