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CL Light Crude Analysis TPO/MP/VWAP/VPOC
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CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #431 (permalink)
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Private Banker View Post
No worries, you don't need to set up an account with them to get accurate bigger picture analysis. You just need to plug into the Kinetick end of day feed and use the continuous contract. It will give you the same result. I've compared the two and that is what I found. Besides, you can actually control the intra-day session length correctly (330 minutes) vs. their arbitrary way of doing it.

Well have ot have a small talk about it when your free

I tried all week end playing with all data settings ect and could not get it to look accruiatly like yours data on ToS

It has been frustrating me since you threw that spanner into my machine

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  #432 (permalink)
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Great reversal trade here. Market pushed to the other side of value and below the ETH VWAP and RTH open.

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  #433 (permalink)
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Great reversal trade here. Market pushed to the other side of value and below the ETH VWAP and RTH open.

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So are you expecting to fade this C auction area against yesterdays profile value area and structure

Or are you expecting a continuation of price exploration to the down side bacause we are back into this lower price bracket?

Also the fact that we have tried to push higher today against that whole area (highs 93.87) and failed leading to a clue of lower prices?

Im feeling abit overwhelmed today for some reason

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  #434 (permalink)
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greenr View Post
So are you expecting to fade this C auction area against yesterdays profile value area and structure

Or are you expecting a continuation of price exploration to the down side bacause we are back into this lower price bracket?

Also the fact that we have tried to push higher today against that whole area (highs 93.87) and failed leading to a clue of lower prices?

Im feeling abit overwhelmed today for some reason

Attachment 98948

I was short in B period but yes, a probe of yesterday's levels are clearly in order as the buyers dried up at the highs. A test of the bracket low seems possible as well and will remain short until the market comes back into balance/value.

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  #435 (permalink)
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Looks like we are still one timeframing lower. Let's see how we react at the 92.40-92.60 level, we might find buyers there. If we go through that level, then I expect the rest of the CLIFF GAP below to be filled

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  #436 (permalink)
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I was short in B period but yes, a probe of yesterday's levels are clearly in order as the buyers dried up at the highs. A test of the bracket low seems possible as well and will remain short until the market comes back into balance/value.

This is were i think i should look at a 3nd scale out approach like you

Because i was positioned for that trade nice...but i took an early target on my last runner of the 2 positions i trade

Were if i could trade 3 scale out...i could focus on my 1st two and let the last one run untill the markets finish the auction were in

On the the 3 scale outs you take

Are they all 1/3`s

Or do you like take off 1/2 on the 1st scale

then 1/4.....1/4 for the 2nd and 3rd

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  #437 (permalink)
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greenr View Post
This is were i think i should look at a 3nd scale out approach like you

Because i was positioned for that trade nice...but i took an early target on my last runner of the 2 positions i trade

Were if i could trade 3 scale out...i could focus on my 1st two and let the last one run untill the markets finish the auction were in

On the the 3 scale outs you take

Are they all 1/3`s

Or do you like take off 1/2 on the 1st scale

then 1/4.....1/4 for the 2nd and 3rd

OK, the first thing to know about trading is we aren't looking for "profits", we're managing risk. That means, we want to establish a position and protect it by taking profits at key levels or at a minimum, levels that will give us guaranteed protection.

I manage my positions in 1/3s and scale out to protect my position while reloading at key retracement levels. You don't need to trade in 1/3s but that extra 1/3 scale guarantees a profitable trade when taken off. 1/2s are tough but still doable. If you're trading with a smaller a/c, just work on a 2 lot with your first scale guaranteeing a BE while the second could be at a key tactical level. Once your account is at a level to trade in 1/3s, then look to add a runner. Its very difficult to hold onto a 1/2 position psychologically. I won't share all details of what and how I manage and enter/exit positions but that's the gist of it.

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  #438 (permalink)
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Did you grab this PB

Reversion to the mean trade?

Single prints TPO`s and a ledge

stopped 1 time framing

Low of bracket

1st lower Dev Vwap support (RTH)

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  #439 (permalink)
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greenr View Post
Did you grab this PB

Reversion to the mean trade?

Single prints TPO`s and a ledge

stopped 1 time framing

Low of bracket

1st lower Dev Vwap support (RTH)

Attachment 98972

No, I closed out my runner when the market came back into balance and took off for some breakfast. Great trade back to the DPOC/VWAP though.

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  #440 (permalink)
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OK here is what i have beeen looking at this morning in my home work

We have CL report out today at 10:30

Since the new year we gaped up higher and have been in consolidation since, with no over all direction

We have fourmed a sideways bracket whick we have been trading in the last 5 days in balance

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Below we have a 4 day bracket

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We broke out of the 4 day range below and since we gaped up we have fourmed a bracked

Here is the picture with out the composits and shows the two Volume Value areas

The bracket we are in and the bracket and with value areas

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As we have been in up small uptrend from the last consolidation period

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From what i have speculated, we trend...consolidat...trend to the next high volume area

So from what i can see...we are going to break out of consolidation to find higher value

or

We are going to head back down to the next high value area

Lets see what the 10:30 inventories can spark

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