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CL Market Profile Analysis
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Created: by David_R Attachments:133

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CL Market Profile Analysis

  #191 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

MP chart for today, 6/1.

Attached Thumbnails
CL Market Profile Analysis-cl6110.jpg  
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  #192 (permalink)
Elite Member
Denver, Colorado
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: ES, CL, anything that makes $$
 
Posts: 178 since Nov 2009
Thanks: 157 given, 72 received

Thanks for your help David.

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  #193 (permalink)
Elite Member
Pleasant Hill, CA
 
Futures Experience: Intermediate
Platform: Tradestation
Broker/Data: Tradestation
Favorite Futures: CL, RB, HO, YG, YI, EMD, US
 
chipotlebop's Avatar
 
Posts: 252 since Jan 2010
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David_R View Post
MP chart for today, 6/1.


Is everything ok David? You haven't been posting. Hope you're well.

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  #194 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received


dandxg View Post
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

Pivot Farm publishes a lot of levels including MP levels, every day.

That said I think the Value Areas should be more discretionary because a set 70% isn't as meaningful. I look at the price action around the VA and then come up with my own levels. Also the VA levels are zones, not exact.

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  #195 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


chipotlebop View Post
Is everything ok David? You haven't been posting. Hope you're well.

Hmm, he hasn't logged on since June 2nd, 2 weeks ago now. Now you've got me concerned as well. I will email him.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

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  #196 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
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Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


Big Mike View Post
Hmm, he hasn't logged on since June 2nd, 2 weeks ago now. Now you've got me concerned as well. I will email him.

Mike

I spoke with David, he is doing alright just taking an extended break from trading. He sends his best wishes

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #197 (permalink)
Elite Member
Cape Town, South Africa
 
Futures Experience: Advanced
Platform: ninjatrader, ensignsoftware
Broker/Data: ampfutures/Zen-Fire
Favorite Futures: 6E, Cl, TF
 
Posts: 117 since May 2010
Thanks: 15 given, 50 received


David_R View Post
Here is a CL profile chart for Friday 3/19:

We are basically still in a big range. It was a big down day on Friday, but very similar to the move down last week. We will need to see if the down move continues, and the open on Sun/Mon will give some indication. I think if the low of Friday is taken out overnight we could see a further move down, but if the low holds as support CL may move back up. Only speculation on my part. The chart is pretty clean today with not much marked up.

David

David

Your mp levels look highly seductive to MP followers, Would u let me know what kind of mp indicators are u using for ninjatrader and where I can get them? thanx

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  #198 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

Its from Final| Financial Algorithms Its the TPO and volume profile ad on to Ninja. I think its a one time charge of $250.

Thanks for the comment.

David



nqcruiser View Post
David

Your mp levels look highly seductive to MP followers, Would u let me know what kind of mp indicators are u using for ninjatrader and where I can get them? thanx


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  #199 (permalink)
Elite Member
Cape Town, South Africa
 
Futures Experience: Advanced
Platform: ninjatrader, ensignsoftware
Broker/Data: ampfutures/Zen-Fire
Favorite Futures: 6E, Cl, TF
 
Posts: 117 since May 2010
Thanks: 15 given, 50 received

David

do u have a recent chart showing how u pick your entries/exit intraday with this method, which may help me understand the mehod better. thanx

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  #200 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received


No, I am currently not trading, so nothing current to show. My suggestion is to use a method you like. My personal opinion is that it really doesn't matter. You can used order flow such as Gomi ladder or market delta. You can use simple price action trading like Mike describes in his price action thread. For example, if you have a level that you feel will act as resistance and price stalls there and makes a lower high, that is a good indication that the up move may be ending. You can enter the break of a swing low and visa versa for a long. I think in true AMT trading one would take the trade at the "level" such as the high volume node, place a stop and let the trade do its thing. I personally like to see some kind of indication the level with hold. I hope this helps.

By the way, if you go through the thread I think I show some possible ways to enter trades.

David


nqcruiser View Post
David

do u have a recent chart showing how u pick your entries/exit intraday with this method, which may help me understand the mehod better. thanx



Last edited by David_R; July 2nd, 2010 at 06:26 PM. Reason: added last sentence.
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