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Posted for a friend. I did not sell it, I bought 107.61, exitted RTH VWAP, as the market compares current value to last week. Currently flat again and more interested in being open to what the market says about price.
Can you help answer these questions from other members on NexusFi?
You never KNOW, but since Monday is overwhelmingly my worst day in the past, I am trying to not go with the flow on Monday, but trying to feel out if prior value is still relevant. Trading very lightly, might even be done for the morning.
Hi @GaryD, I hope you are enjoying your much deserved break from journaling.
I thought about you when looking at the chart today. Today CL opened at the prior 6-day balance VPOC, drove up into the more recent 3-day balance, found support at its low, and then completed its journey to the upper VPOC. I am posting this because I check in on various markets other than mine from time to time and find it quite amazing that the basic behavior of most markets is the same. I'm not saying that this example is going to happen every day, but it is hard for me to see a market without seeing value overlaid on it, even if only in my mind. And I think about how you came across similar ways of expanding your trading horizons and how much it seems to have benefited your trading, and I think it's awesome. Happy trading Gary!
Yes, opened at the NPOC, open drive, it was long only until it got into the prior POC area around 107.25-.30. I am beginning to see a lot of predictable behavior related to that way of looking at it.
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"