My nq price action method

Discussion in 'Journals' started by slugar, Sep 1, 2013.

  1. slugar

    slugar

    Clearly in a trading range and I would wait for more clarity before I would enter. The pm 3187 and 3194 is still holding price.
     
    #111     Sep 18, 2013
  2. slugar

    slugar

    when the moving average is moving up it is easy to see the trend is up, when it's flat then at that moment it' trendless and when it's point down the immediate trend is down
     
    #112     Sep 18, 2013
  3. slugar

    slugar

    To me trend line means which way the market is moving at the time, not so much where the market stops a retracement and resumes the trend
     
    #113     Sep 18, 2013
  4. niko

    niko

    If you are learning to trade PA and PA alone, I suggest you get rid of the MAs they will only deviate your attention from what is important. That is just my experience, but I have Focus issues.
     
    #114     Sep 18, 2013
  5. slugar

    slugar

    price seems to be holding above the last swing low of 3191.5 so demand is winning out seems to be important what prices couldn't do for the time being and that's to make a lower low
     
    #115     Sep 18, 2013
  6. slugar

    slugar

    now we've made a lower low 3188.25 might get tested
     
    #116     Sep 18, 2013
  7. slugar

    slugar

    we made a lower high now we will see if 3188.25 can hold
     
    #117     Sep 18, 2013
  8. dbphoenix

    dbphoenix

    So you can't tell whether price is moving up or down without a moving average of some sort of some length?
     
    #118     Sep 18, 2013
  9. slugar

    slugar

    of course I can tell but what is the difference between using a moving average as a moving trend line or just using a trend line?
     
    #119     Sep 18, 2013
  10. dbphoenix

    dbphoenix

    If you can tell, then why plot the moving average?
     
    #120     Sep 18, 2013