My nq price action method

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

  1. dbphoenix

    dbphoenix

    All right, so why did the hinge form at that level?
     
    #131     Sep 18, 2013
  2. slugar

    slugar

    Because supply and demand are fairly equal at these levels
     
    #132     Sep 18, 2013
  3. slugar

    slugar

    Lower low at 10:20 and retest at 10:24. higher low at 10:33 so demand is in control for the short term
     
    #133     Sep 18, 2013
  4. dbphoenix

    dbphoenix

    Why?
     
    #134     Sep 18, 2013
  5. slugar

    slugar

    at 10:17 we made a high of 3190.50 and at 10:38 we tested it again to 3190 so a lower high sop the lolr seems to be down again
     
    #135     Sep 18, 2013
  6. slugar

    slugar

    This is the range where most of the trades have taken place
     
    #136     Sep 18, 2013
  7. dbphoenix

    dbphoenix

    Most of what trades? When? For how long? Why are these trades taking place at that level?
     
    #137     Sep 18, 2013
  8. slugar

    slugar

    Because it's the mid point between 3213 and 3155 the most recent range
     
    #138     Sep 18, 2013
  9. dbphoenix

    dbphoenix

    That would be 3184.

    What other reasons do you have for the importance of 92?
     
    #139     Sep 18, 2013
  10. slugar

    slugar

    besides its been resistance in the past I'm not sure
     
    #140     Sep 18, 2013