NexusFi: Find Your Edge


Home Menu

 





CL Light Crude Analysis TPO/MP/VWAP/VPOC


Discussion in Commodities

Updated
      Top Posters
    1. looks_one greenr with 548 posts (896 thanks)
    2. looks_two bobarian with 328 posts (161 thanks)
    3. looks_3 GaryD with 249 posts (161 thanks)
    4. looks_4 Private Banker with 182 posts (760 thanks)
      Best Posters
    1. looks_one Private Banker with 4.2 thanks per post
    2. looks_two greenr with 1.6 thanks per post
    3. looks_3 GaryD with 0.6 thanks per post
    4. looks_4 bobarian with 0.5 thanks per post
    1. trending_up 361,493 views
    2. thumb_up 2,611 thanks given
    3. group 106 followers
    1. forum 1,806 posts
    2. attach_file 1,050 attachments




 
Search this Thread

CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #311 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker: CQG, AMP, VK, Kinetick
Trading: CL/6E/TF/ES
Posts: 952 since Sep 2011
Thanks Given: 562
Thanks Received: 1,280


josh View Post
It's the most dangerous entry, and 9 times out of 10 will give you a loss quicker than you can click a mouse button. Five minutes later after you have allowed others to step in front of the train and prove they are willing to buy, there is a nice entry around 92.86 or so. You don't get the satisfaction of saying "I called the low to the tick" but you are much more likely to have a successful trade, if buying is what you want to do in this case.

I hear that

not a trade i would have took just on that info

With it nearly lining up with the 1st lower dev Vwap.....possibly

Was just saying dude, it was a kind of personal joke to bob and PB to be honest

appreciate you input though

Regards

" 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"
Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
How to apply profiles
Traders Hideout
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
34 thanks
Just another trading journal: PA, Wyckoff & Trends
28 thanks
Bigger Wins or Fewer Losses?
23 thanks
Tao te Trade: way of the WLD
23 thanks
GFIs1 1 DAX trade per day journal
21 thanks
  #312 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
Experience: Intermediate
Platform: ninja trader
Posts: 1,995 since Oct 2010
Thanks Given: 5,258
Thanks Received: 3,120


lrfsdad View Post
was watching this real time, but didn't pull trigger although I did get 8 ticks x 2 once the trend developed. SIM.

poke thru vwap on 15 min, struggle to move higher then down attached is the larger pic with the poc from shortened overnight as a potential target. 2nd is the smaller pic on a 4 range chart.

@greenr nice trade. good start to the year.

I will be watching these points more closely moving forward, looking at the smaller time frame for entries.

thanks @bobarian for starting this thread

your welcome irfsdad.The trade that we were speaking of, originated off the eth 1st std dev vwap.I only consider trades off vwap on trend days,(and should have confluence also).Actually, there was a pb to vwap,that was ok i guess, but it was a short.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #313 (permalink)
 benrock 
hampton bays
 
Experience: Master
Platform: ninjatrader , TOS
Broker: CQG
Trading: FUTURES
Posts: 85 since Mar 2012


good stuff greenr , keep up the good work brother

Follow me on Twitter Reply With Quote
  #314 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker: CQG, AMP, VK, Kinetick
Trading: CL/6E/TF/ES
Posts: 952 since Sep 2011
Thanks Given: 562
Thanks Received: 1,280

Top down analysis

week, day



Ill come back and finish soon, i ran out of time

" 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"
Reply With Quote
  #315 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker: CQG, AMP, VK, Kinetick
Trading: CL/6E/TF/ES
Posts: 952 since Sep 2011
Thanks Given: 562
Thanks Received: 1,280


benrock View Post
good stuff greenr , keep up the good work brother

Good to see you on here ben, hope you and the famo have a wicked christman and new year

" 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"
Reply With Quote
  #316 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker: CQG, AMP, VK, Kinetick
Trading: CL/6E/TF/ES
Posts: 952 since Sep 2011
Thanks Given: 562
Thanks Received: 1,280

1 st trade today

I tried to sell the open

using 1st upper Dev vwap as over head resistance

we rotated up to a an area on yesterdays TPO



I sold managed to get my 1st scale out and took a break even on the second

I should have givien the trade a little room to breath, but we are at yesterdays lows and we faild to break lower on the inital push down



We have FOMC minuits out at 2:00 EST

Could be a slow morning, trade careful

" 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"
Reply With Quote
  #317 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
Experience: Intermediate
Platform: ninja trader
Posts: 1,995 since Oct 2010
Thanks Given: 5,258
Thanks Received: 3,120

wedge

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #318 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker: CQG, AMP, VK, Kinetick
Trading: CL/6E/TF/ES
Posts: 952 since Sep 2011
Thanks Given: 562
Thanks Received: 1,280


bobarian View Post
wedge

Good old price wedge

My 5 min chart is looking UGLY


" 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"
Reply With Quote
  #319 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker: CQG, AMP, VK, Kinetick
Trading: CL/6E/TF/ES
Posts: 952 since Sep 2011
Thanks Given: 562
Thanks Received: 1,280

Thinking about it now, the best option on the open was to buy after the rotation down to the 1st lower Dev vwap

Its was the lows of yesterdays RHT profile and was probably the better option with the low volume down in that area and a good edge to work with

I just still had a down side bias which i need to kick because of the unfill gap below us creating a price correction

Here is what i should have done



+ Vwap has been rising

" 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"
Reply With Quote
  #320 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
Experience: Intermediate
Platform: ninja trader
Posts: 1,995 since Oct 2010
Thanks Given: 5,258
Thanks Received: 3,120



Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:




Last Updated on July 17, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts