Which indices indicate the "direction" of the next move ?? Dow Transport and NDX ?!
Sixer
Sixer
DAX, Nikkei 225 and Dow Jones only 11 replies
CFD DAX & DOW and more 17 replies
Carpe Diem: Nikkei 225 14 replies
finding good trades with Nasdaq, dow, spx, and dax 43 replies
DislikedS&P Long @ 2149.00 Almost closed its Thursday GAP. Maybe to early, but lets see. Counter, so 1 lot only Added 1 lot @ 2150.00 (Fridays OR low) T1 +1.5 points x 1 lot 1 lot to go SL BE @ 2149.00 Last Week POC @ 2148.50. Could still go down to close the GAP @ 2148.50 (or lower)Ignored
DislikedDutchy, Once again thanks for the updates. I noticed you seem to be able to pick up trends reversals/momentum. Do you use anything aside from gaps/TPO line/ VAH VAL and MA lines? I'm finding myself lacking the conviction to take on trades and ride the trend. For example, from my market profile chart Im looking at SP filling the gaps from last Thursday (Huge gap), but after it has finished filling the gap, I suppose you would be using POC lines as your reference for the next move. But there are POC lines at the top and bottom. How should I proceed...Ignored