Traders Laboratory - Professional Traders Community - That One Guy
Connect with Facebook


Old

Trade for 7/30/09

Posted 07-30-2009 at 11:21 AM by That One Guy

Waited around, after missing the overnight pull back. As stated trend never really broke from higher high/higher low pattern. I saw and tried to get involved in this....






I waited around as saw a new balance area forming. Once there was a breakout, I waited for a pull back......


...
Attached Thumbnails
Click image for larger version

Name:	NQ 09-09  7_30_2009 (1 Range).jpg
Views:	277
Size:	73.7 KB
ID:	602   Click image for larger version

Name:	NQ 09-09  7_30_2009 (1 Range)2.jpg
Views:	271
Size:	78.4 KB
ID:	603  
That One Guy's Avatar
Posted in Trades
Views 269 Comments 0 That One Guy is online now
Old

Big time frame

Posted 07-30-2009 at 11:03 AM by That One Guy

Curious to where the current price action is, I pulled up an old contract and found this.




This range was built up from 9/22 to 9/29 in 2008. After that range broke down, we saw a nice break down in the markets. Interesting for me to see it all line up.
Attached Thumbnails
Click image for larger version

Name:	NQ 12-08  9_29_2008 (20 Range).jpg
Views:	222
Size:	93.7 KB
ID:	601  
That One Guy's Avatar
Posted in Uncategorized
Views 163 Comments 0 That One Guy is online now
Old
Rating: 1 votes, 4.00 average.

Outlook 7/30

Posted 07-30-2009 at 08:56 AM by That One Guy
Updated 07-30-2009 at 10:38 AM by That One Guy

A breakout of the multiple days of overlapping value.




There was even a pull back overnight. Which leaves me out to dry. Coming into more territory we haven't seen since 2008 and the next obvious area up, is around 1700. All one can do is simply follow the trend via higher highs and higher lows.


...
Attached Thumbnails
Click image for larger version

Name:	NQ 09-09  7_30_2009 (20 Range).jpg
Views:	227
Size:	101.3 KB
ID:	599   Click image for larger version

Name:	NQ 09-09  7_30_2009 (1 Range).jpg
Views:	220
Size:	103.8 KB
ID:	600  
That One Guy's Avatar
Posted in Areas
Views 173 Comments 0 That One Guy is online now
Old

Video 7/29

Posted 07-29-2009 at 01:56 PM by That One Guy

Here is a video of what I am currently seeing.

That One Guy's Avatar
Posted in Areas
Views 182 Comments 0 That One Guy is online now
Old

Mid Day update 7/29/09

Posted 07-29-2009 at 12:02 PM by That One Guy
Updated 07-29-2009 at 12:12 PM by That One Guy

Market seems to be forming new balance between the two areas outlined before open.




When you zoom out some, we see the rotation is taking place around the mean.





Best to pick my extremes...
Attached Thumbnails
Click image for larger version

Name:	NQ 09-09  7_29_2009 (4 Range).jpg
Views:	218
Size:	107.4 KB
ID:	597   Click image for larger version

Name:	NQ 09-09  7_29_2009 (20 Range).jpg
Views:	212
Size:	79.5 KB
ID:	598  
That One Guy's Avatar
Posted in Areas
Views 136 Comments 0 That One Guy is online now