I Love Virgins

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

 

uhm... thanks for pointing out the slight - er, big oversight on my part!

 

the correct virgins are 117'045 and 116'30 - both are buys

 

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

 

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!

 

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.

 

Virgins have been scarce recently but we have one in ZN from last Friday.

Sell virgin @ 117'16

 

Now I remember why I drifted away from my beloved virgins. There aint too many of em these days....

 

I think i see a virgin!

sell virgin @ 116'315