NQ Price Action Journal
- Thread starter niko
- Start date
I'm sure like everything else you post you're going to take credit for this too.
I wish.
I always get a kick out of the comments that what was written a hundred years ago is no longer relevant. So many people know zip about the past. Reminds me of that American Idol contestant who said that "Smile" was written by Michael Jackson.
I was lucky enough to gravitate to the pre-computer stuff right away. Unfortunately a lot of the pre-computer stuff is pretty awful too. Have you ever tried reading Gann? (Tunnels Through the Air - yikes - although in all fairness I put it down pretty quickly).
I'm pretty sure there are adults out there who think Michelangelo is a mutant turtle.
Apologies to Niko - I'll try to keep the chatter in my own journal.
In the longer term view, we are still hovering the bottom of the daily up TC, so far this looks like a break of DL and a RET pointing to the downside, but it can also be a successful attempt of bulls of pushing prices back inside the TC and on their way to a HH.
Regarding the hourly view, bulls have managed to break the SL from the 21st, and therefore is now their turn to try to push upwards. But.... we are at the 50% of the last downswing, so that can be a hard weight to lift, if they cant make it above 92 it could be choppy during the morning. and some sort of hinge would form.
Regarding the hourly view, bulls have managed to break the SL from the 21st, and therefore is now their turn to try to push upwards. But.... we are at the 50% of the last downswing, so that can be a hard weight to lift, if they cant make it above 92 it could be choppy during the morning. and some sort of hinge would form.
Today was a particularly interesting day for my scratching - reentering exercise, it was not an easy day, as the trends that developed did so in a very "grindy" way.
6 of my 7 entries were scratched and reentered, and the behavior after entry was very different from last weeks in most of the trades.
The trading day is attached as well as the re-entry log and the hourly perspective, regarding that last one, it seems like we bounced at the Midline of the TC from the beginning of march.
6 of my 7 entries were scratched and reentered, and the behavior after entry was very different from last weeks in most of the trades.
The trading day is attached as well as the re-entry log and the hourly perspective, regarding that last one, it seems like we bounced at the Midline of the TC from the beginning of march.
I assume you mean the second chart (the strict SLA) as the first one is a scratchy mess
.I assume you mean the second chart (the strict SLA) as the first one is a scratchy mess
Yes. Am I reading the channel right with the top around 3610
There is an ascending channel with that top and in coincides with the midline of another descending channel from the 21st.