Welcome to the Traders Laboratory Forums.
Areas The areas I am following for each day
Old
Rating: 1 votes, 4.00 average.

Outlook 7/30

Posted 07-30-2009 at 09:56 AM by That One Guy
Updated 07-30-2009 at 11:38 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 Images
File Type: jpg NQ 09-09 7_30_2009 (20 Range).jpg (101.3 KB, 385 views)
File Type: jpg NQ 09-09 7_30_2009 (1 Range).jpg (103.8 KB, 385 views)
That One Guy's Avatar
Posted in Areas
Views 469 Comments 0 That One Guy is offline
Old

Video 7/29

Posted 07-29-2009 at 02:56 PM by That One Guy

Here is a video of what I am currently seeing.

That One Guy's Avatar
Posted in Areas
Views 388 Comments 0 That One Guy is offline
Old

Mid Day update 7/29/09

Posted 07-29-2009 at 01:02 PM by That One Guy
Updated 07-29-2009 at 01:12 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 Images
File Type: jpg NQ 09-09 7_29_2009 (4 Range).jpg (107.4 KB, 363 views)
File Type: jpg NQ 09-09 7_29_2009 (20 Range).jpg (79.5 KB, 349 views)
That One Guy's Avatar
Posted in Areas
Views 315 Comments 0 That One Guy is offline
Old

Outlook 7/29

Posted 07-29-2009 at 10:12 AM by That One Guy

Another rejection at the 1600 area. I zoom in and see we are basically within yesterdays balance area.




I am also taking note about the range sitting in the upper half of this recent imbalance higher.



...
Attached Images
File Type: jpg NQ 09-09 7_29_2009 (1 Min).jpg (183.5 KB, 144 views)
File Type: jpg NQ 09-09 7_29_2009 (20 Range).jpg (88.3 KB, 147 views)
File Type: jpg NQ 09-09 7_29_2009 (4 Range).jpg (107.4 KB, 93 views)
That One Guy's Avatar
Posted in Areas
Views 241 Comments 0 That One Guy is offline
Old

First off....

Posted 07-28-2009 at 10:00 AM by That One Guy
Updated 07-28-2009 at 11:51 AM by That One Guy

Here is what I see on the bigger time frame (NQ).



This area is like an upside objective. Bulls longing before/after the breakout, would have easily seen this. Knowing all that, the current balance area shouldn't come to a surprise.

...
Attached Images
File Type: jpg Nqdaily.JPG (88.6 KB, 108 views)
File Type: jpg NQ 09-09 7_28_2009 (20 Range).jpg (80.9 KB, 147 views)
File Type: jpg sunday.JPG (37.0 KB, 73 views)
File Type: jpg NQ 09-09 7_24_2009 (4 Range).jpg (100.9 KB, 100 views)
That One Guy's Avatar
Posted in Areas
Views 254 Comments 0 That One Guy is offline
All times are GMT -4. The time now is 01:40 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.