My nq price action method

[slugar]

Quote from horton:

3224 was yesterday's HVN and 3204 was the HVN from two day's ago.

Horton does hvn mean high value number?

 

[slugar]

Quote from wwatson1:

I dont understand, are you trading this system?

I am developing my system and trying to filter out some trades my system was generating too many trades per day and that's why i asked for advice from db was to use the wyckoff system to help filter my trades and it really is helpng.

 

[wwatson1]

Ok I see, thank you

 

[horton]

Quote from slugar:

Horton does hvn mean high value number?

The high volume node. In a search for liquidity beyond yesterday's high or low an untouched RTH HVN from a previous day may be tested. An untouched RTH HVN is also referred to as a Naked Volume Point of Control or NVPOC.

 

[slugar]

Quote from horton:

The high volume node. In a search for liquidity beyond yesterday's high or low an untouched RTH HVN from a previous day may be tested. An untouched RTH HVN is also referred to as a Naked Volume Point of Control or NVPOC.

Thanks Horton

 

[slugar]

I've been using volume at price from bigcharts to help me find support and resistance on the hourly chart, for Monday 3204 and 3224 are both high volume areas to watch for. Also there is a hinge on the hourly.

 

[slugar]

with the futures trading below such an important level (3204) it sholud not be a suprise that the market is testing that level from below!

 

[horton]

Correct.

 

[slugar]

Thanks Horton now that the gap is filled the next level could be 3224

 

[slugar]

The support and resistance levels from Friday came into play today. The nq had a nice uptrend today with the supply line and swing lows holding until 12:54cst.