My nq price action method

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

  1. slugar

    slugar

    Horton does hvn mean high value number?
     
    #201     Sep 28, 2013
  2. slugar

    slugar

    I am developing my system and trying to filter out some trades my system was generating too many trades per day and that's why i asked for advice from db was to use the wyckoff system to help filter my trades and it really is helpng.
     
    #202     Sep 28, 2013
  3. Ok I see, thank you
     
    #203     Sep 28, 2013
  4. horton

    horton

    The high volume node. In a search for liquidity beyond yesterday's high or low an untouched RTH HVN from a previous day may be tested. An untouched RTH HVN is also referred to as a Naked Volume Point of Control or NVPOC.
     
    #204     Sep 28, 2013
  5. slugar

    slugar

    Thanks Horton
     
    #205     Sep 28, 2013
  6. slugar

    slugar

    I've been using volume at price from bigcharts to help me find support and resistance on the hourly chart, for Monday 3204 and 3224 are both high volume areas to watch for. Also there is a hinge on the hourly.
     
    #206     Sep 29, 2013
  7. slugar

    slugar

    with the futures trading below such an important level (3204) it sholud not be a suprise that the market is testing that level from below!
     
    #207     Sep 30, 2013
  8. horton

    horton

    Correct.
     
    #208     Sep 30, 2013
  9. slugar

    slugar

    Thanks Horton now that the gap is filled the next level could be 3224
     
    #209     Sep 30, 2013
  10. slugar

    slugar

    The support and resistance levels from Friday came into play today. The nq had a nice uptrend today with the supply line and swing lows holding until 12:54cst.
     
    #210     Sep 30, 2013