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Thanks for reply. If they just offer only plateform for lease, I am willing to go for it right a way, but I come to know that they did not offer plateform with out Boot camp training( $2500 for 5 days training). If you have some better information about it can you please pass on.
Further you mentioned that you use OFA for entry. but at same time you said you did not go live with OFA. Can you explain little bit. Thanks in advance.
Can you help answer these questions from other members on NexusFi?
They do offer the platform for lease, but i don't know if they will do it without the bootcamp. I was able to get it without the bootcamp because someone referred me to them and he told them I didn't need it. they do have a 30 day trial, I believe.
My plan is to use it for entry and key levels, but I have not done so live yet. I have taken a couple of Sim trades with it, but not real $.
Not a MP expert by any means, but on your left chart, why isn't the yellow line (POC) at 70.20 where the most volume occurred? Instead it seems to be a few ticks below it.
The volume is depicted by the light colored histogram to the right of the letters. I think the POC is on the highest volume area. If you are referring to the peak where the letters are at their highest point, that would the the TPO's (Time Price Opportunities). Some do use the TPO's to determine the POC as well as the value area, but I like to use the volume.
Hey, I rather be ignorant about something regarding trading and know how to trade then know more then others do about something.
In the profile you are referring to it is a merge of three days. It is a well defined bell shaped curve which would basically put the POC right at the center. The TPO's are at the center and the volume is very close. The more bell shaped the profile is the more it tends to be centered. A mature profile will be more bell shaped from what I know. If you look at the daily profiles to the right and look at 5/20 you can see the TPO's are higher than the high volume area, so they are not even close. On a trend day when you get a vertical move and then price stops and rotates the rest of the day you get the bell curve at the point where price just consolidates because that is where most of the volume actually is as well as the TPO's. I hope that makes sens.
Sorry for no posts for a while. Some work came my way and I've been doing that. It really gets in the way. :-)
MP chart to update CL. Based on the MP I would say there is still more upside to come, but it would be nice to see a pullback to achieve a better price. S/R marked on chart.
D
Does anyone know where to get the MP levels for CL if you don't need anything else. I don't need VP, TPOs just VAL, VAH, POC. Seem easy to find for ES, YM but not CL. TIA
I am not aware where to obtain the levels, but I can suggest two things. 1. You can go to the market profile calculator at Market Profile Calculator ([AUTOLINK]beta[/AUTOLINK]) you will need to enter the half hour ranges such as 70-70.50... and do that for each half hour and it will create the profile for you and give the VAH, VAL and POC. 2. this may be better and that is use the market profile indicator on the forum and just take what you want from it and forget the rest.
