CL Market Profile Analysis (Page 29) - Commodities Futures Trading | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > Commodities Futures Trading

CL Market Profile Analysis
Started:March 3rd, 2010 (10:21 PM) by David_R Views / Replies:42,681 / 280
Last Reply:July 28th, 2014 (12:45 PM) Attachments:133

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

CL Market Profile Analysis

Old July 28th, 2014, 12:45 PM   #281 (permalink)
Elite Member
New York, NY
Futures Experience: Advanced
Platform: SC
Favorite Futures: Forex, Futures
Oysteryx's Avatar
Posts: 202 since Feb 2014
Thanks: 336 given, 441 received

multi-day weekly pivots

So I tried to replicate the pivots used in DCB's chart

Using tick data , 18:00 EST to 17:15 as session, regular (floor) pivot formulas, I calcualted the daily S1 for the CL2010-10 contract on Aug/20/2010 at 73.94 - only 2 ticks off DCB's, which is close enough. The difference may be explained by me using the 17:15 close rather than the settlement price.

I failed to replicate the multi-day weekly pivots.

And thus I'm not sure what those weekly pivots are. Those levels puzzle me.

This made me wonder if DCB used weekly periods defined for a full week based on the prior week's data, or weekly periods based on the seven prior calendar days (which would mean different weekly pivots every day).

I'm aware this thread is from four years ago, but it still has very valuable information. DCB never logged back in. If anyone has/had a look and can provide insight on the matter, would greatly appreciate it.


Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > Commodities Futures Trading > CL Market Profile Analysis

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

Corey Rosenbloom: Tips, Tactics, and Real Trades: Trading Intraday Trend Reversals

Elite only

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Market analysis with SQL shodson Platforms and Indicators 8 March 27th, 2015 11:45 PM
Day Time TJ for CL starting 2/22 with pre mkt & post-mortem analysis spartacus Trading Journals 53 April 28th, 2011 12:05 AM
market profile? jrs659 Traders Hideout 6 September 24th, 2010 08:45 PM
CL rollover adjustment & volume profile charts neko333 Commodities Futures Trading 19 September 13th, 2010 03:02 PM
ES/YM Market Profile Analysis David_R Index Futures Trading 37 August 24th, 2010 04:50 PM

All times are GMT -4. The time now is 05:39 PM.

Copyright © 2016 by 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 2016-10-20 in 0.08 seconds with 20 queries on phoenix via your IP