Profiles are helping. Three day weekend for me (another class). Got to get ready for it... See you Monday.
used an spx ch because it only trades reg hours,on fri it was about .75 over the futures,losing about .25 a week,we stopped at 26 on the futures because of that nip,watch how it reacts at denoted prices,its not on there but 1319 and 1331 were/are tl s/r ,put up on es journal sat or sun
on jan 31 theres another virgin nip at 1286-82 if we fall out of bed,about 10 out of 12 months,they push it up at the end of the month for window dressing,and the same for the 1st of the month ,i assume it's new money coming in for employee 401 k deposits
Is this a practical way to think of, or apply, tosProfiles? I put the nip and cleavage in on todays chart as bars. They are faintly colored, as I didn't want to much clutter. This is Dr day, so will be gone much of the day....
yes,when you see a direction ,you go with it, and the profiles ,depending on momentum ,avg momentum ,it stops there...if its going up or down ..to where? it can keep you in a trade and keep you ,as in your chart ,from going long at a resistance
I don't grasp what the 19 to ~29 numbers reference. What I do notice is that the nips seem to go with the bulk of the daily action ging back thru time, and the cleavage seemed to be at more of the extremes of the days... the low of day or the high of day... don't know if I'm on track with that.