I Love Virgins

Quote from enochbenjamin:

ZN Virgins

118'17 and 118'105. Will have to wait to see where the market opens to determine if they are buy or sells. I am going to guess 118'17 will be a sell and 118'105 will be a buy. Time will tell.

ES Virgins

About 30 mins prior to closing there was a nice virgin at 110250 that was good for 2 points. Unfortunately that was the only virgin left for the upside. If the market moves back down buy a virgin @ 108875

Will try to update in the AM.

June ZN will be the front month at 7:20 am today
 
Quote from enochbenjamin:

What was I thinking? I stopped taking advantage of virgins because it was too easy?

Well after a couple of weeks of trading oil like it was a video game I need to get back to make consistant money. So back to what I'm good at - taking advantage of fresh young virgins!

So... I'll be back to posting virgins every night and ready to trade em every morning.

How do you judge what's a level - is it just something that was a daily high or low on a multi-day chart?
 
Quote from enochbenjamin:

Just virgin point of controls. For an excellent explanation visit this link: http://www.enthios.com/vpoc.htm

Thanks for the link - it seems to be discussing intraday levels though, and (perhaps wrongly) I had the impression you were looking at longer-term support & resistance levels. Just to clarify, what kind of timeframe are you looking at when you look for S/R levels then?

Anyway, nice journal!
 
Quote from Ghost of Cutten:

Thanks for the link - it seems to be discussing intraday levels though, and (perhaps wrongly) I had the impression you were looking at longer-term support & resistance levels. Just to clarify, what kind of timeframe are you looking at when you look for S/R levels then?

Anyway, nice journal!

i am simply looking for previous days virgin POC's. For example Wednesdays POC is 116'30 - yesterday price never hit that level. The next time price visits 116'30 I will be a buyer. Once I know the level I don't really need a chart.
 
Back
Top