Not really. LOL. My levels seem to be similar to others. I don't want to have my "exact" parameters out there because I don't want everyone using my levels by default. I also don't need stop traffic around them.
Not so much the level, but how do you know there is a 90% probability it will touch it. Just by experience, intuition, or some process. If you don't want to share in public thats fine
Looks like they trapped shorts on that initial flush down...think there is good chance we may touch it. Incidentally the low of the day is 10 cents from my A-down...was watching for a possible fade but it never got there . Pretty slow day...see anything good King??
A levels are magnets. Price gets pulled to them. If we fail at one A level price will usually try to tag the other one. So seeing the underlying strength in the market, we should at the very least tag the A up. Good chance we even go though it. A levels are great to use for profit targets whether intra-day, weekly, monthly or QTRly. They really work. Case in point. My weekly A down for the ES was 1226.75 as I posted on this thread. Once we failed there the target now becomes the weekly A up which is 1269.75. Sure enough, the high so far today is 1264.75. This is how you use the profit targets.
Do you know what a "run" is?. This is when a momentum stock or spy whatever takes off in a certain direction, I noticed aapl was down with the rest of my board green. It is logical to think that aapl will catch up. I got long when it was down 2.50 and just covered close to pivot. I don't post scalps cause you can get burned trying to follow someone else. The real scalping technique is trying to find a stock that will "run" from lets say r1 (resistance ) to the pivot or vice versa. Hope that helps. This is where watching the tape is helpful. By the way this is almost exactly the same idea as a failed a down or failed a up, different ways of saying the same thing.