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CL Market Profile Analysis


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CL Market Profile Analysis

  #211 (permalink)
 
David_R's Avatar
 David_R 
San Jose, Ca
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aviat72 View Post
Can you be more specific about the kind of problem's you have with the Volume Ladder?

Or are you referring to the GOMI-MP?

I have attached the CL MP plotted using iMarketProfile1_7 available from NT forums. The top panel has the weekly; the bottom has the dailies.

If you want you can easily modify it to print the alphabets. Right now it colors the first hour and the last hour differently

DavidR: Hi Neighbour!


Aviat,

Where in the Bay Area are you?

DR

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  #212 (permalink)
 aviat72 
San Francisco Bay Area
 
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CL Volume profile, shows a consolidation pattern in the high 70s. This area is being auctioned well with the gaps being filled. Potentially setting up for a move higher.

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  #213 (permalink)
 
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 gtichauer 
Argentina
 
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aviat72 View Post
CL Volume profile, shows a consolidation pattern in the high 70s. This area is being auctioned well with the gaps being filled. Potentially setting up for a move higher.

aviat what are the numbers on each bar....it seems a count but how do u use it ?

thanks for sharing...

GT
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  #214 (permalink)
 aviat72 
San Francisco Bay Area
 
Experience: Intermediate
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gtichauer View Post
aviat what are the numbers on each bar....it seems a count but how do u use it ?

thanks for sharing...

Rotation Factor and number of TPOs above and below the developing POC.

Read Mind Over Markets. Amazon.com: Mind over Markets: Power Trading With Market Generated Information (9780934380539):…

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  #215 (permalink)
 
gtichauer's Avatar
 gtichauer 
Argentina
 
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aviat72 View Post
Rotation Factor and number of TPOs above and below the developing POC.

Read Mind Over Markets. Amazon.com: Mind over Markets: Power Trading With Market Generated Information (9780934380539):…

I am....through chapter 4 now....

would u suggest that reading this book (also read Markets in Profile) is enough for the "reading" training on MP?

I am looking for accesible priced courses or trade rooms (or any other resources) where I can REALLY learn and UNDERSTAND how to use MP on a practical way for short term trading and identifying strong and reliable S&R levels.

I do use it know upto my limited knowledge (using VPOCs, HVNs, LVNs, VAs, etc), really like it as anything let me understand market structure as it develop.....but I would love to take it to the next level.

would u have any advice on this? I follow F71 as I believe he really knows what he talks about.

Thanks

GT
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  #216 (permalink)
 aviat72 
San Francisco Bay Area
 
Experience: Intermediate
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I think the best thing is to form a study group where people discuss the action every day. I am especially interested in understanding the opening auction and then using that to help guide the day. There is noting which can beat real time in the seat analysis.

I think all these tools are just that; tools in your tool-box. Your trading style has to then incorporate all that information in something which works for you.

For intra-day trading LVNs, HVNs etc covers most of the stuff. You can see the market behave differently in these zones. You can complement that with CHVNs CLVNs etc.

FT71 has great resources and webinars; I think BigMike also has an archived webinar on market-profile.

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  #217 (permalink)
 
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 Big Mike 
Manta, Ecuador
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aviat72 View Post
FT71 has great resources and webinars; I think BigMike also has an archived webinar on market-profile.

There are two in the Webinars section, with a third scheduled for late August when fiki returns from his honeymoon and gets sorted and regains his strength

Mike

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  #218 (permalink)
 
gtichauer's Avatar
 gtichauer 
Argentina
 
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Big Mike View Post
There are two in the Webinars section, with a third scheduled for late August when fiki returns from his honeymoon and gets sorted and regains his strength

Mike

I participated on both....and few other also....most of them taught me what I mention....most of the theory and concepts....what I am looking for (hopefully the subject of the third webinar) is how to bring this to life (or better to daytrading).

I am looking for a quality trade room with a SUPERIOR or PROVEN (by someone that experienced it) MP trader commenting WHAT he sees and WHY............I think is a good way to improve from where I am....not interested in signals to trade, but moreover on live market reading and understanding....

Hope someone can suggest something....

GT
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  #219 (permalink)
 
David_R's Avatar
 David_R 
San Jose, Ca
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gtichauer View Post
I participated on both....and few other also....most of them taught me what I mention....most of the theory and concepts....what I am looking for (hopefully the subject of the third webinar) is how to bring this to life (or better to daytrading).

I am looking for a quality trade room with a SUPERIOR or PROVEN (by someone that experienced it) MP trader commenting WHAT he sees and WHY............I think is a good way to improve from where I am....not interested in signals to trade, but moreover on live market reading and understanding....

Hope someone can suggest something....


I have never been in this guys room, but I have heard from a number of people he is a very good MP trader. I believe he does call trades as well as teach.

Home Page

D

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  #220 (permalink)
 
gtichauer's Avatar
 gtichauer 
Argentina
 
Experience: Intermediate
Platform: Ninja
Broker: Zen Fire / IB
Trading: ES, TF, 6E, CL
Posts: 379 since Jul 2009
Thanks Given: 807
Thanks Received: 298



David_R View Post
I have never been in this guys room, but I have heard from a number of people he is a very good MP trader. I believe he does call trades as well as teach.

Home Page

D

thanks David...I hope to catch the next trial they make....new that one...as per comments I heard also it seems good....we'll see....

GT
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