My nq price action method

slugar"plan to ride to target ,not sure about how to do it"
http://i.imgur.com/tWyXkfW.png this is a 3 mo daily in nq,too many marks,so you reduce it to a 3 mo 2 day chart
http://i.imgur.com/MC0Ya5X.png any part of a cleavage touch is target enough but if we keep rising , your nearest target is 74,if broken, then that wide nip at 77-83 area,the wider the nip , the better chance of a turn
http://i.imgur.com/GgBBhxn.png the uvol dvol is better than 2 to 1 ,trending up all day so a fade needs a tight leash

learned this one from handle 123, if you reduce the dom down to 1 total bid/offer size, you can watch for a confirmation of a turn ,the offer volume has been higher on this move up, when the bid volume takes the lead,look for a turn,trade to size
http://i.imgur.com/ECAgxDk.png
 
ammo said:
slugar"plan to ride to target ,not sure about how to do it"
http://i.imgur.com/tWyXkfW.png this is a 3 mo daily in nq,too many marks,so you reduce it to a 3 mo 2 day chart
http://i.imgur.com/MC0Ya5X.png any part of a cleavage touch is target enough but if we keep rising , your nearest target is 74,if broken, then that wide nip at 77-83 area,the wider the nip , the better chance of a turn
http://i.imgur.com/GgBBhxn.png the uvol dvol is better than 2 to 1 ,trending up all day so a fade needs a tight leash

learned this one from handle 123, if you reduce the dom down to 1 total bid/offer size, you can watch for a confirmation of a turn ,the offer volume has been higher on this move up, when the bid volume takes the lead,look for a turn,trade to size
http://i.imgur.com/ECAgxDk.png
More...
Thanks ammo this makes perfect sense, for today I used the 30 minute nq and came up with 3560-66 area as resistance. was i reading this right?
 
slugar said:
Thanks ammo this makes perfect sense, for today I used the 30 minute nq and came up with 3560-66 area as resistance. was i reading this right?
More...
yes ,you want time frame to encompass move it's retracing,watching at least 2,should always go back and look at a much larger timeframe, when we do get big institutional moves they are fast and its nice to have the numbers ahead of time,often they are looming near the small numbers and you arent aware of that large mine collapse
 
on a 3 yr we brke that horizontal line 557-540, so in theory this is a weak retrace ,that is no longer strong supp or resistance , the built up,leftover longs and shorts have diminished, that 580 line may be a strong res,using that theory as we reverse towards that nip(557-540) and then back fill to that lower cleave at 3321, think rawhide,gil favor(gs)is driving the cattle(us) so if you can figure what the drover is doing and then work out all the trails and water holes along the way

http://www.youtube.com/watch?v=AKC8pSFg1Vw
http://i.imgur.com/QTaIJoq.png
 
500 tick. trade 1. higher low long at 3540.50 stop 3538 target last swing high 3558 2.short lower high at 3549.25 stop of 3552.25 min. target 3540 area of last swing low.3. short on a double top 3544.50 stop 3547 target 3528 top of support zone.4. long on a higher low at 3539 stop 3536.50 target 3551 swing high5. short at double top 3550.25 short 3553.75 target 3543 swing high. 6. long double or triple bottom stop 3551.25 target 3560 resistance
 
slugar said:
500 tick. trade 1. higher low long at 3540.50 stop 3538 target last swing high 3558 2.short lower high at 3549.25 stop of 3552.25 min. target 3540 area of last swing low.3. short on a double top 3544.50 stop 3547 target 3528 top of support zone.4. long on a higher low at 3539 stop 3536.50 target 3551 swing high5. short at double top 3550.25 short 3553.75 target 3543 swing high. 6. long double or triple bottom stop 3551.25 target 3560 resistance
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Oh Lord...,


They've gone and kidnapped Slugar.... then someone..., prepared to create complete trade plans..., has done gone and logged in under his alias

Guess I'm done with the guessin

:cool:

=======================================

Based on the quality of the recent posts here... before I review the above Slugar.... let me go off on a tangent..., and from the ground up..., build some worthy content

It'll take a few... but should end up with 3 or 4..., maybe 5 attachments that'll
hopefully make sense

Today..., FB was a poster book for this

Back in a few
RN
 
This first set - and taking Ammo's comment about herding price

1st attachment - I scrolled the chart over to hide today's PA

2nd attachment - I scrolled it back to uncover today's PA

This type of herding is not uncommon


(orange vertical line separates today from yesterday)


More to come

RN
 
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