CL Light Crude Analysis TPO/MP/VWAP/VPOC - Commodities Futures Trading | futures io social day trading
futures io futures trading


CL Light Crude Analysis TPO/MP/VWAP/VPOC
Updated: Views / Replies:191,379 / 1,806
Created: by bobarian Attachments:1,052

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 1,052  
 
Thread Tools Search this Thread
 

CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #501 (permalink)
Elite Member
london/england
 
Futures Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker/Data: CQG, AMP, VK, Kinetick
Favorite Futures: CL/6E/TF/ES
 
Posts: 952 since Sep 2011
Thanks: 562 given, 1,267 received


Private Banker View Post
Guys, you aren't going to find an easier set up than what we had at the open. Open out of range. tested the naked POC which was rejected. Perfect initial short. We then closed the gap, came up to RTH VWAP as the IB period completed, that's an add. We're now in an expansion run and testing Friday's levels.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

I had it nailed....but had technical problems with data feeds!!!!

" 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
The following 2 users say Thank You to greenr for this post:
 
  #502 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received


bobarian View Post
look for sh at .74 area, if it gets there....eth 1sd,rth dvah

nicely done!

on the 512 tick chart, it showed to stay with the short you called !
what if you had a 512 tick chart open, to look at , along with the 144 ?

I did not take it live

thanks

Reply With Quote
The following user says Thank You to shanemcdonald28 for this post:
 
  #503 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,525 since Oct 2010
Thanks: 3,383 given, 2,057 received
Forum Reputation: Legendary



shanemcdonald28 View Post
nicely done!

on the 512 tick chart, it showed to stay with the short you called !
what if you had a 512 tick chart open, to look at , along with the 144 ?

I did not take it live

thanks

well, if you saw my next post,i blew this one.....Heres the thing, if the trade doesnt work quickly, i lose faith , and bail....an easy remedy, is to keep a standard stop, and dont move it

Reply With Quote
 
  #504 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,525 since Oct 2010
Thanks: 3,383 given, 2,057 received
Forum Reputation: Legendary


Private Banker View Post
Guys, you aren't going to find an easier set up than what we had at the open. Open out of range. tested the naked POC which was rejected. Perfect initial short. We then closed the gap, came up to RTH VWAP as the IB period completed, that's an add. We're now in an expansion run and testing Friday's levels.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

nice job.Im so hung up on looking for low vol/time areas on the tpo, that wasnt even a thought.Looking back , i see it of course.

I have all the single print areas identified on the ON tpo and rth prev day.Of course, those wont always be the reject areas.


I figured we would get hung up around 93,but as of now, a scratch day...

Reply With Quote
The following user says Thank You to bobarian for this post:
 
  #505 (permalink)
Elite Member
london/england
 
Futures Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker/Data: CQG, AMP, VK, Kinetick
Favorite Futures: CL/6E/TF/ES
 
Posts: 952 since Sep 2011
Thanks: 562 given, 1,267 received

Been patient all day missing the inital move down

Ok as i mised the inital open drive down

I sat on hands and couldn not find a oppotunity to get in short with low risk

I tried to buy back into value earlier and had a small stop

Here is what i saw at the current lows

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


We closed out a POC and a VPOC around the low $93 area

We hit the 2nd IB extension and fridays low of vwap value

I saw alot of buying absortion around the $93 area

were also hit the 2nd / 3rd dev wap on both RTH and ETH

and friday low value area

I went long $93.04 looking for a reversion to the mean trade

" 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
The following user says Thank You to greenr for this post:
 
  #506 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,525 since Oct 2010
Thanks: 3,383 given, 2,057 received
Forum Reputation: Legendary

Just thinking about this,and i thought about some guidelines for the open...

1)open in range......important levels
ON lod/hod
ON low vol/ single print areas
Prev day rth low vol/single print areas
2)open out of range....important levels
ON low vol/single print areas
Naked poc/val/vah of previous day

Question..when looking at thursdays naked levels, in general, would the poc be more important then the naked vah?I would say yes.

of course, we recognize prev rth L/H/C...

opinions welcome always...


Last edited by bobarian; January 14th, 2013 at 11:50 AM.
Reply With Quote
The following user says Thank You to bobarian for this post:
 
  #507 (permalink)
Elite Member
La Jolla, CA
 
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
 
Private Banker's Avatar
 
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,759 received

Exited final 1/3 at Friday's VAL which was confluent with the 2nd IB extension. Will monitor the market now for further developments. May just balance here but will see how it goes.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 2 users say Thank You to Private Banker for this post:
 
  #508 (permalink)
Elite Member
La Jolla, CA
 
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
 
Private Banker's Avatar
 
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,759 received


greenr View Post
I got an execution error because ninja trader was trying to send the order though that feed and not my AMP broker feed! :-@

This should only happen if you're on SIM from what I understand. Make sure you have your account selected in the drop down on the DoM or order window.

Since you missed the original entry, there was still the pullback to RTH VWAP which was also the ETH lower 1st SD level. Good confluence there. We knew what the market's intentions were at that point, you just have to give it a shot. I added to my position there.

Reply With Quote
The following 2 users say Thank You to Private Banker for this post:
 
  #509 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received


Private Banker View Post
This should only happen if you're on SIM from what I understand. Make sure you have your account selected in the drop down on the DoM or order window.

Since you missed the original entry, there was still the pullback to RTH VWAP which was also the ETH lower 1st SD level. Good confluence there. We knew what the market's intentions were at that point, you just have to give it a shot. I added to my position there.

thanks

i did not realize you separated ETH vwap from RTH !

thanks

still learning
shane

Reply With Quote
 
  #510 (permalink)
Elite Member
La Jolla, CA
 
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
 
Private Banker's Avatar
 
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,759 received



bobarian View Post
nice job.Im so hung up on looking for low vol/time areas on the tpo, that wasnt even a thought.Looking back , i see it of course.

I have all the single print areas identified on the ON tpo and rth prev day.Of course, those wont always be the reject areas.


I figured we would get hung up around 93,but as of now, a scratch day...

Single prints are important but make sure you can filter that into a trade location that makes sense within the current context (developing value/VWAP). Its just a filter process really.

Reply With Quote
The following 3 users say Thank You to Private Banker for this post:

Reply



futures io > > > > CL Light Crude Analysis TPO/MP/VWAP/VPOC

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
ALTOGomMP - Several enhancements/features to GOM MP including Naked VPOC/Naked GAP snp500analyst The Elite Circle 521 July 31st, 2017 08:01 AM
Trading CL (Crude Oil futures) #2 Big Mike Commodities Futures Trading 95 March 18th, 2015 08:13 PM
Big Mike's CL (crude oil) journal Big Mike Trading Journals 60 May 25th, 2011 07:45 PM
Big move on crude analysis josh Commodities Futures Trading 4 March 11th, 2011 10:07 AM
Trading CL (Crude Oil Futures) tzachi Traders Hideout 145 September 4th, 2009 11:57 PM


All times are GMT -4. The time now is 06:54 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-13 in 0.14 seconds with 20 queries on phoenix via your IP 54.90.92.204