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

  #611 (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


greenr View Post
Ok so we now have a single print tail in "A" period

we saw buyer responding after the open sell drive, this is now a good day ref point if we can hold the single print TPOs

Attachment 100282

Here is the buying absorbition on the foot print

Attachment 100283

I now would like to see price hold Value on the ETH Vwap and rotations to the Middle and higher 1st dev

IF we cannot hold ETH Vwap value then we will possiby see this makret test lower areas

Attachment 100284

Still holding last 1/3 long

Were back in today RTH vwap value

I will take a B/E stop if we continue to break down lower below todays RTH vwap

Looking for the Acess "A" period tail to hold still

We saw responsive sellers at the highs in "C" period (yesterdays High of value area), leaving excess at the highs too now

Pretty netural balanced day at the moment




" 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?
Better Renko Gaps
The Elite Circle
Exit Strategy
NinjaTrader
How to apply profiles
Traders Hideout
MC PL editor upgrade
MultiCharts
REcommedations for programming help
Sierra Chart
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
33 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
  #612 (permalink)
 
Jedi's Avatar
 Jedi 
SF Bay Area
 
Experience: Advanced
Platform: Sierra
Broker: Multiple
Trading: CL, ES
Posts: 564 since Nov 2011
Thanks Given: 546
Thanks Received: 594


greenr View Post
Still holding last 1/3 long

Were back in today RTH vwap value

I will take a B/E stop if we continue to break down lower below todays RTH vwap

Looking for the Acess "A" period tail to hold still

We saw responsive sellers at the highs in "C" period (yesterdays High of value area), leaving excess at the highs too now

Pretty netural balanced day at the moment

Attachment 100297

Attachment 100298

We opened on an inside day.. I wouldn't assume BO unless we take out a ref like RTH/ONH & etc.. Nice thread BTW

Reply With Quote
Thanked by:
  #613 (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



Jedi View Post
We opened on an inside day.. I wouldn't assume BO unless we take out a ref like RTH/ONH & etc.. Nice thread BTW

Yes in highsight i should have been fully scaled out at yesterdays RTH value area highs

Im either goint to get B/E or im positioned for a BO

either way im risk free

" 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:
  #614 (permalink)
 
Jedi's Avatar
 Jedi 
SF Bay Area
 
Experience: Advanced
Platform: Sierra
Broker: Multiple
Trading: CL, ES
Posts: 564 since Nov 2011
Thanks Given: 546
Thanks Received: 594


greenr View Post
Yes in highsight i should have been fully scaled out at yesterdays RTH value area highs

Im either goint to get B/E or im positioned for a BO

either way im risk free

Yesterday's POC was also good given the inside day opening and price was coming from deep..

Reply With Quote
Thanked by:
  #615 (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


Jedi View Post
Yesterday's POC was also good given the inside day opening and price was coming from deep..

My TPO POC for yesterday was @ 96.26.....

Voulme Vpoc was @ 96.68 which was closed then rejected?



Can you confirim yesterday TPO POC?

I have been having troubles with the TPO software i am using latley

" 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
  #616 (permalink)
 
Jedi's Avatar
 Jedi 
SF Bay Area
 
Experience: Advanced
Platform: Sierra
Broker: Multiple
Trading: CL, ES
Posts: 564 since Nov 2011
Thanks Given: 546
Thanks Received: 594


greenr View Post
My TPO POC for yesterday was @ 96.26.....

Voulme Vpoc was @ 96.68 which was closed then rejected?

I have 96.70 on Sierra.. its the tick setting.. if you use 1 tick, its 96.26, 2 ticks its 96.70 so its close.. personally I would consider thick areas as well..

Attached Thumbnails
Click image for larger version

Name:	2013-01-23_0921.png
Views:	144
Size:	96.8 KB
ID:	100309  
Reply With Quote
Thanked by:
  #617 (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


Jedi View Post
I have 96.70 on Sierra.. its the tick setting.. if you use 1 tick, its 96.26, 2 ticks its 96.70 so its close.. personally I would consider thick areas as well..

Oh ok i got you

Well i have been advised from a highly experianced trader on here the for CL the setting should be 3 ticks for the TPO`s....

Not doubting you or your trading style/settings/stratagie as i am still learning ALOT every day

This is the beautiful thing about trading the markets

There is 10000000 way to do it and none of them are right or wrong

Just one`s opinion

" 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
  #618 (permalink)
 
Jedi's Avatar
 Jedi 
SF Bay Area
 
Experience: Advanced
Platform: Sierra
Broker: Multiple
Trading: CL, ES
Posts: 564 since Nov 2011
Thanks Given: 546
Thanks Received: 594


greenr View Post
Oh ok i got you

Well i have been advised from a highly experianced trader on here the for CL the setting should be 3 ticks for the TPO`s....

Not doubting you or your trading style/settings/stratagie as i am still learning ALOT every day

This is the beautiful thing about trading the markets

There is 10000000 way to do it and none of them are right or wrong

Just one`s opinion

If you used 3 ticks, it should be 96.70 area.. 1 tick it should be 96.26 area.. that's true on Sierra.. if you're using 3 ticks and getting 96.26 then one of our software is off..

Reply With Quote
Thanked by:
  #619 (permalink)
 
Private Banker's Avatar
 Private Banker 
La Jolla, CA
 
Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker: Advantage, Trading Technologies, OptionsCity, IQ Feed
Trading: CL, NG
Posts: 1,038 since Jul 2010
Thanks Given: 1,713
Thanks Received: 3,863


greenr View Post
Oh ok i got you

Well i have been advised from a highly experianced trader on here the for CL the setting should be 3 ticks for the TPO`s....

Not doubting you or your trading style/settings/stratagie as i am still learning ALOT every day

This is the beautiful thing about trading the markets

There is 10000000 way to do it and none of them are right or wrong

Just one`s opinion

Actually, I have 96.70 as well for yesterday's POC. Jedi is well aware of what I'm looking at as well. Could be an indicator issue? Not sure. We had confluence of an inside day, the POC in the upper distribution and the previous close there. Huge seller at that level. "Even" is going to be a well contested level on an inside day which is what we saw. Wouldn't be surprised to see a spike lower to test yesterday's lower range.




Reply With Quote
  #620 (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



Private Banker View Post
Actually, I have 96.70 as well for yesterday's POC. Jedi is well aware of what I'm looking at as well. Could be an indicator issue? Not sure. We had confluence of an inside day, the POC in the upper distribution and the previous close there. Huge seller at that level. "Even" is going to be a well contested level on an inside day which is what we saw. Wouldn't be surprised to see a spike lower to test yesterday's lower range.




I have been getting very frustrated with the TPO software i am using :-@

on going problems lately with incorrect info

I will have yoo look into this as i need correct levels!!

Thanks @Jedi and @Private Banker for your support

" 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:




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