Traders Laboratory - View Single Post - Real Time Price Action- Clue to Puzzle?
View Single Post
  #200 (permalink)  
Old 03-27-2008, 12:44 PM
zeon's Avatar
zeon zeon is offline
zeon has no status.

Trader Specs
 
Join Date: Mar 2008
Location: Sussex
Posts: 246
Thanks: 125
Thanked 10 Times in 10 Posts
Blog Entries: 7
Re: Levels for March 27th

Quote:
View Post
1346 is where price stopped going up today, so far the high for today. It is where price recently turned . That's what real time is all about.One can't see that until it happens. Don't worry keep it up and you will get it......But that doesn't mean price will stop there, it is only potential resistance.
erie
Okay, fair enough. I can definitely see price reacting to that level: there's a rise in volume and the bar closes off the highs. But this probably happens all the time when price approaches resistance, because it's very likely that other traders are seeing this area as resistance too.

If I may ask, do you focus only on the ES? or do you look at other things to?

Reply With Quote