I have found that there are not so good forums talking to real CL trading, i just came here and see that there is a lot of trader dedicated to Crude, and i would like to share what i´ve learned and continue learning from all of you, basically i use an intraday strategy my trades go for 10-40 ticks, average 20 ticks, i use Market Profile, ACD, stochastics, price patterns, i will describe one of my strategies the one that is the most profitable, and maybe some could test it, and share with us your own experience. I use NinjaTrader 7, with Global Futures and AMP clearing, i used to trade using Penson Futures (now knight futures).
What you need:
1. 10 range Chart, plot EMA 13 and 150
2. Stochastics 3,9,3
only this for now.
STRATEGY:
1. IDENTIFY
a. Plot the PLOD (Previous Low of Day) level
b. Plot the PHOD (Previous High of Day) level
c. Plot the most important swing lows/highs
This give and idea of where the market would trade (range) and if buyers/sellers fail on this levels, (see attached image)
d. Most Important channels (Asia & Europe Session)
and channel developing in the US Session (if there is any channel) if not look for range area.
2. FILTER TRADES
My approach is combine zones and levels with the stochastic levels, we know that 20 is oversold and 80 is overbought, COMBINING this with PLOD, PHOD, Swings we can filter our trades and take a better decision at the moment to pull the trigger,
When we trade in channel we want to sell high channel level and buy low channel level
But filtering the trade means that you will ONLY trade in the direction of the channel (UP or Down)
and you double filter is the stochastic level support the trade, how? lets say the price is in the upper level of the channel and the stochastic is at 80 and crossing it down, this would be a filtered trade and a high percentage winning trade, you have applied double filter, OR you could use THE EMA´s, "NORMALLY" when price trades under the 150 EMA you ONLY want to sell retracements, as indicated in the image 3, if you combine this three you are trading as a professional!. taking decisions based on price structure and behaviour.
We will keep adding on to this idea and if you could please share your comments and enhance it!!:..
Best Regards.
JDNeeman.
Can you help answer these questions from other members on futures io?
Only one trade today in the Crude due to some personal problem, but at the end the important thing is that the strategy is working and we made an analysis based decisions,
I saw (when i arrived my desk) that the price was exactly at the Value Area High from Yesterday at the top of the channel, and stochastic at the 100 level, since the price was right at a major level, and buyers were unable to break it, a reversal was imminent, we decided to sell at those highs @ 83.78 with a stop loss of 20 ticks and profit of 20 ticks,
Today we had the Crude Oil inventories
the news came with this numbers:
Wednesday, June 20, 2012 10:30:06 *(US) DOE CRUDE: +2.86M V -1ME; GASOLINE: +940K V +1ME; DISTILLATE: +1.16M V +1.5ME; UTILIZATION: 91.9% V 91.8%E- Gasoline demand -435K at 8.69M bpd - Distillate demand -180K bpd at 3.5M bpd
Have Market Intel? TradeTheNews.com Tip Line -> Click Here
Knowing the crude market personality that likes to fade the news, we saw price surge a bit, although the news analysis said: SELL, because: Higher inventories and NO demand= oversupply! price falls, product cheaper!.
we waited to see the stochastic reach the 90 level in the 10 range chart, we saw exhaustion and sellers on the tape, so we took the trade, shorting the crude, with a target of 31 ticks.
very good trade, we could have profited a bit more but, we are happy with what we have.
looking to buy now..since the market always retrace at the end of the session.
Hello, Today we had an spectacular day for trading, opportunities in the market at least two of them for a big profit, unfortunately i just took two trades for a total of 9 ticks, $90, and since is late in NY, heading to the close and will just let it go, i came late at my office today and could not take the first two trades, and been in a hurry to meetings i cannot focus well on trading, but here i leave my analysis hope it helps someone.
The VAL and VAH is the range where the 70% of the action happened in the previous day,
The POC is the Price at which the most TPO´s (time sale opportunities) occur in the Market Profile chart
during the previous day. The prices that saw the most activity. Visually the
longest horizontal line.
when we combine the VAL, VAH, PHOD and PLOD, you have your fighting "arena" when this zones are very well defined you can make better and accurate trading decisions, you have your plan predefined, when the price reacts to one of this zones we will know exactly what to do.
when the price is close to one of this areas
what do i do?
i ask myself
1. where is the price at this level?, any double top/bottom?
2. Where is the stochastic? which level? 80?, 20?, 90? 100?
3. Price channel? where is the price respecting the channel? at the top of the channel --> Sell, at the bottom if the channel --> Buy
4. in the time and sales (T&S) window, what do you see? Sellers? buyers? in the filtered T&S what are the big boys doing? buying? selling?,
5. is there speed in the T&S or is passive...slow..
If the price is close to one of this areas and you see in the T&S window speed and buyers/sellers coming a possible break of the level could be around, to the contrary if the price in the T&S window slows down at this levels a possible reversal is around.
this questions when you get used to them are automatic and processed in fractions of seconds in your brain, this give you the ability to make better and informed decisions,
adding more to this....
If the price is below the value area zone (from VAL to VAH) we could expect a negative day, prices could fall, the plan would be sell retracements,
If the price is above the value area zone, we could expect a positive day, price should rise and the plan would be buy pullbacks.
NOTE: if the price is below/above the value area zone, at some time the price could try to reverse and try to get in back into the value area zone, then you should be looking at the 80% rule!!!.... (you can look at this, i have attached a document about it...)
I have attached an image explain the value area zone strategy and trading decisions.
I just wanted to share quickly my analysis for the day,
As of this moment the price has attempted to get back in the Value area Zone, testing once the Value area low level @ 78.74, we have an inside day since the price is above the PLOD (previous low of day), price is above the open level @78.11, at 9:00 AM EST price could test the open level then test the VAL again, at this moment we dont have US dollar correlation, will see later in the morning, we have major resistance zone near the VAH @ 80.30, market could be volatile since is friday, avoid trading after 11:30 EST.
I just wanted to share my first trade today, we decided to sell when we saw price outside channel at the top, stochastic at 80-90 level and going south, speed in the tape, we saw large sellers at this prices in the filtered Time and sales window, all was in our side. so we took the trade that took about 3 minutes to close.
i just closed a runner, for a 54 tick profit, same analysis: price at top of the channel, stochastic at 80-90 level and going south, speed in the tape, price near VAH... closing a very good week of trading in the CL will see what the next week brings we have Monday US news and the crown jewel Crude Oil Inventories on Wenesday.
I just wanted to share with you all, the levels i will use for trading on Monday, or can be used for Sunday afternoon too, i have set the most important levels PHOD: 80.40, VAH: 79.94, VAL: 78.72, PLOD: 77.55, depending on opening price for sunday a trade could be possible around the PHOD or VAH.
Today i missed a perfect setup on the CL!!! i`m mad really pissed off with my internet provider, i was about to get in the trade and suddenly i was with no internet connection and the worst!!! it last for about an hour!!! so i missed my Sunday trade!! anyway i would like to share with you my analysis, i saw divergence right when the market opened, my divergence indicator also plotted a red arrow signaling SHORT TRADE POSSIBLE!! i saw a bit of speed in the tape although low volume, but the setup was perfect to trade it. price went near the PHOD but momentum was overbought so there was a high % of a reversal, and that was what i wanted to trade!! but this .... well i leave here the analysis and image if you want to check.
Wanted to share my analysis for this day, we had a very wide price move during overnight session from Fridays highs down to test the Value area Low, i see also a very good correlation (Negative) with the dollar, so if the dollar rises the crude falls. Today could be an inside day. i will trade the tests of VAH and PLOD or any forming swing low/high.
Not a problem, here you have it attached, and the settings also. I use global draw objects and draw the lines in my chart where i have the Market Profile indicator (30 Min chart) and automatically draws the lines in the other charts so i can have this 30 min chart minimized, because i only trade with range charts.
Finally some time to trade!!!...
Ok,. i saw price near VAL @ 78.70, momentum overbought, sellers in the tape, speed in the tape, so i shorted at 78.54 and profited at 78.38, for 16 tick gain. not bad, not great!! but $160 more in the account.-..
If you wanted to check the attached images i just put 1. Possible trade image, 2. the actual trade 3. the end of the trade!!.
I have finished my morning prep, it looks we are going to have volatility that means very good opportunities to trade but also a higher risk, we can see that the bears have come out from Europe, China growth has slowed, EU summit ahead... an interesting day!! I see no correlation at all with US Dollar. this tells us Crude can do what ever he wants,
watch out for changing market personalities.
I took a trade short a high of the range, but accidentally closed it!!...for 3 Tick profit.. and in front my eyes the price went down my target... 20 ticks lower...but...anyway.... after that i took my first loss for the week (and i hope be the only one) it was a mistake i didn't saw price under heavy Big Money Line (EMA 150) and close to it...the rule says "do not trade near this line" or "don't fiddle with the middle!", it was a 20 tick loss,
After that i took a trade to recover that loss and profited 10 ticks, so now i´m negative by 9 ticks...lets see the close...
so we can reach our daily target of 30 ticks.
At re test of VAH @ 79.02, if momentum shows overbought, and sellers show up i will sell.
Ok i call this a Day!, Just closed my last trade of the day for +10 tick, I ended Flat in my balance for the day +1 tick but minus commissions, it was a hard session.
We have Crude Oil Inventories Tomorrow, hope to make todays and tomorrows money with it.
Ok i call this a Day!, Just closed my last trade of the day for +10 tick, I ended Flat in my balance for the day +1 tick but minus commissions, it was a hard session.
We have Crude Oil Inventories Tomorrow, hope to make todays and tomorrows money with it.
The forecast is - 0.7M
Look for:
1. Higher Inventory number
Demand High: Price should go UP
2. Lower Inventory Number
Demand: High --> Price Should go UP
3. Lower Inventory Number
Demand: Low --> Price Should Go DOWN
4. Higher Inventory Number
Demand: Low --> Price should go DOWN or sideways.
Don forget this is discretionary and depends of the market personality at the moment as well as market sentiment.
in the Economic Side, This morning i begin with a quick review of news from Europe which once again is coming out very bearish this morning. We have the lowest reading ON RECORD for the UK Loans Report which means that economy is coming to a halt very quickly, and news from the EU is telling us that we may be sitting and waiting for the Summit this weekend (and the newly-scheduled meeting between France and Germany on the 28th) so we will be keeping an eye on the market personality this morning. Remember, the market sentiment coming into the US Morning Session is key to us, so we’re looking for clues to see if the bears have carried into the US session this morning.
Regarding Economic News
830am EST we have Durable Goods Orders this morning which is one of our favorite news events because of its impact on Crude Oil. Much like manufacturing reports, durable goods go hand in hand with job creation, demand on Crude Oil and eventually things like retail sales and Non-Farm Payrolls down the road. Keep an eye on the market sentiment and reaction to this news after its released.
1030am EST on a Wednesday means Crude Oil Inventories Report and this is by far one of the most challenging, while rewarding news events you can trade. First, we need to remember that today MAY be quite sloppy until 1035am after the news is released, and with this waiting-pattern ahead of the EU Summit we may just see exactly that today. Second, if you know what to look for you can make some easy profit, but if you do NOT know how to trade this news report it’s a very dangerous way to trade. You wont be able to trust the NEWS on this, we have to read some other aspects of this report at 1030am EST today and we will discuss how and when we trade the inventories when we get to 1000am EST today. Set your alarm for 1015am EST and sit on hands through this report.
At the moment i see divergence in the CL and possible sell. this will depend on sellers showing up in the tape.
Interesting move on the CL, i think the institutions are positioning for the data that could make the price fall, so they are ready to short it pushing the price high to the 80.50-80.70 range. i see momentum overbought, and pressure in the tape. will wait till 1035 to see price action and reaction.
I see a double top here @80.70, will see if this plays along!!
I have taken 3 trades today 1 loser and 2 winners, market with mixed data, direction compromised.
My Account balance is +7 ticks, i´m looking for a re-entry if market allows so.
My first Trade is complete in the Russell, it was a very good trade, i starting to get familiarized with this vehicle, it is very very good to trade, range bound market, and likes to RUN!!!!....i took my 20 ticks, but easily could have taken 50 ticks....anyway i leave here the analysis...in the attached image.
Hello all, i have my chart ready, finish my morning prep, there are mixed sentiment in the markets, been friday i think there will be high volatility, with a good risk management lots of ticks could be made.
I see triple top in the crude but looking at momentum price could try to break the PHOD and test new highs.
Hello, I would like to share with you a fellow trader analysis about the current market.
"The euro currency futures are trading above the PHOD so we’re bullish on the Euro, but just like the other markets we’re wondering if the big jump on the news overnight is still strong enough to keep going higher. We’re already seeing the highs start to form on these markets, and if the dollar index moves off the lows we will see EVERYTHING including the euro start to tumble"
The euro and the dollar index have the strongest correlation, along with other currency futures contracts, so beware the dollar index is going to be the one to move this euro today, or it may not, we shall see soon. We can see an easy spot to sell short at the highs of the bull price channel and the trigger-zone resistance at 2685 and 2775.
The gold futures market is also moving higher this morning with the dollar index dropping. Clearly there is fear in these markets or else the gold futures would not be moving higher on supposedly bullish news from Europe. Why would gold futures be rising? Fear! Sell these highs on gold this morning and remember the line in the sand on the dollar index is 81.685 and that will mean a rising dollar index off the lows will give us falling prices on the markets we trade.
i just closed my first trade of the month, in a slow market, i went for 10 Ticks but got some slippage and got 9 ticks, but it´s ok, price broke a minor resistance, and held the base, so i decided to go long and ended well.
See image attached, the trade was in 5 range chart. (not my usual chart but in slow markets this works great!)
Took some trades, but trade in choppy markets is not really the best, i have taken 3 trades, 1 loss 2 win, for a daily profit of +11 Ticks, the First trade it was a really not a good decision, market was short bias, and took a long in the "Middle" i really forgot "Don´t fiddle with the middle".
But i´m positive now in my account... it is interesting how the market is reacting and i think "they" have something ready to announce or some news that will spark the market somewhere...
Today, my lesson is: when choppy markets dominate, stay away, of course when you are a master you can trade any situation... but i´m not yet a master....so i stay away...
ended the day, +11 Ticks.... good?? bad?? at least my account is $110 plus and not minus!!!...
Well, after a relaxing day, it is time to make money!!!,
After a day off today will be exactly as a Monday!, market slow at early hours, and looking for fuel!!, dont forget today release the **Crude Oil Inventories** at 11 EDT, and we have news from Norway Oil,
- Norway oil industry group commented that Norway to lock out 6.5k workers from July 10th- Statoil prepares to shut down Norwegian shelf output and saw lost revenues from production halt at approx NOK520M/day- Norway Labor Ministry stated that the oil lockout was legal, decline to say if govt will intervene
i Just closed my 3rd trade today, so far i´m +35 ticks, and i just will wait for Crude Oil inventories trade..The employment went well this helped the CL price go down a bit, to reach my target (Open).
Since the Crude didn't reacted to the inventory number changed my mind and focused on Russell, and this gave me a trade. +20 Ticks. so i finish the day +55 Ticks Up.
I wanted to share this information with you, i really hope helps someone,
Trading with Murrey Math it´s for me: trading with the "all seeing eye"... in combination with momentum this could turn powerful, of course one need to know every level and what happens at this levels, BM has a very good thread on this.
But i just wanted to add my own vision about it..
for me all is about momentum and timing, reading the price action at this levels is what gives me the advantage.
i have attached an image explaining trading the 0/8 and 1/8 levels.
You are totally right, altough i dont get where your comment goes since i trade a live account with AMP clearing and i can show you proof, i think you should ask before to make an statement addressed like this one.
I know Sunday is very slow for trading, and could be volatile, but also there is a lot to learn on Sundays about the personality of this market.. and what i want to learn is if the market respects the important levels or if they arent worth a dime on sundays.
i´m testing the murrey math levels today. and just found a test on the 0/8 level.
Today i tried to test the market to see if i could be able to trade on Sundays, i just realized that i have to "stay away of trading on Sunday" this for my own good.
i´m testing today how Divergence work between price and the volume oscillator indicator with settings of 13 and 21, so far seems that could work, and since price and volume are related i could say that could result in a good test.
have attached an image showing some opportunities as well a live trade i took for 5 ticks only...later the price fall hard...but ´m testing....
i have some days without scalp the crude, today i decided to remember scalping...
So i have made 5 trades of +5 ticks each. for a daily total of $250.00
i have used the breaker pattern or thunder pattern, this uses swing breaking to trigger buy/sell orders.
Hello, i just closed a trade based on the report Crude Oil inventories, it came lower that forecast and demand came lower also, so, this means NO growing so there is no need of crude PRICE should FALL!!!..
Thanks for sharing your journal and thoughts on the trades you take. I wanted to direct you to this thread started by @Fat Tails . He has looked at the NT7 Murray Math indicator and concept in depth and has some findings that you may want to be aware of.
Today we have another news event that moves the market and is the "Unemployment Claims" expected at 376K, of course if this number comes lower than the forecast this is good for the USD, and since we have negative correlation between the USD Index and Crude if news come positive for the Dollar the crude is likely to fall and the contrary is also valid.
I´ve been a fan of Divergence for quite some time, and i found an indicator here in futures.io (formerly BMT) that let me try any combination between price and any indicator, so i´ve been testing and have found that trading divergence between price and VOLUME, is the most accurate one, more that stochastics?? my answer is YES!!, so i would like to share with you this indicator maybe helps someone.
This Indicator rules!!! why??!! it lets you choose any indicator you want to look for Divergence with price, you just have to go to indicator window, select the indicator and go to "Imput Series" and choose any indicator you want to look for divergence.
I …
Some of you maybe wondering how to use the indicator i talked about in the Elite Download section, i wanted to add some details on how **I use it** and combination you can do with the indicators you choose.
I will explain with images because is easier to understand it,
---> In Image one you will see i´ve selected the indicator, there you can see my settings on how the indicator works better also, i have pointed a button at the right side of imput series when you click on that button..
---> Image two you see how it looks when you click on the Button for imput series when you select an indicator shows you the settings and this you change at your will, then you just click ok, and you are done.
NOTE: on image three i have pointed that is very important that you select the chart time frame you are using as you can see in the image i have 10 and range, that is because i have placed the indicator in a 10 range bar chart.
JDNeeman I'm wondering what "indicator" you used. In your pictures it shows the MACD. I put that up and couldn't get my chart to have the signals you have on yours. So what indicator are you using? Also I understand you have to select the time fram your using in the divergence indicator, and I had done that to, and still couldn't get it to match yours. Thanks.
Today open, was a perfect example on how to trade Rotational moves, using Volume Profile, Price was testing Value Area High @ 87.30, Our indicator spotted a Negative divergence between price and volume and momentum was overbought, price couldn't go higher, then the ration started all the way down to test the Value Area Low @ 86.70, this setup happens often and could be all the opposite too, (from low to high) this is perfect to trade on Sundays, (although i don't trade on Sundays) could be a profitable setup.
Since i couldn't find this indicator i will post it here.
Based on Market Profile, easy to spot Value areas, it works better on 30 min charts, to draw the lines to other charts, use global draw.
JD, thanks for posting, seems to help me trading. I have a question regarding your divergence
indicator. Could you explain or image your settings for your volume and price divergence inputs for
the divergence indicator. Or basically your settings.
No problem, i use this indicator to spot correlation between the markets i trade and USD Index, normally if USD is above/below 0.2/-0.2 you can say that a correlation is working, i mean if USD goes higher the Crude, Russell, etc will go lower and IF USD is lower the rest should be higher, also helps you to "see" the overall direction of any market, so you can go with the trend and decide for higher % entries.
you can find the data here Futures Performance and is free, you should refresh the page to see updated info.
We have some important news right at 8:30 AM ET, that impact directly on Crude and USD, at the moment, i see the USD overbought but could gather momentum and continue up if the news are really good, this will bring the Crude down, it looks poised to test the PLOD, all this will be clear after the news.
so far we have a good correlation between USD and Crude and Russell, USD +0.3, CRude -0.4, Russell -0.4
I wanted to share with you the new value areas for the next session/trading day, it looks promising for slow trading during Asia and Europe, check it out!!
Hi JD, nice work on the divergence indicator. You probably want to use a different indicator than dvaluearea as it is quite inaccurate. I'm not entirely sure but I think it uses minute data. It is way off particularly on trend days when the profile is elongated.
I've attached an indicator built by Davidfa using tick data which takes data from Gommp which I know to be accurate. You can extract the VAL, VAH and POC Values.
Cheers
DJ
The following 3 users say Thank You to djkiwi for this post:
I have been working hard all morning , had some time for a couple of trades, today we had the crude oil inventories that couldnt trade but it moved the market, i think we are in transition period, well we´ll see...
I use a custom chart type called the HybridRenko. Is there a way for me to use this chart type with the divergence indicator. It does not appear as a selectable option in the Price Type parameter option.
This Indicator rules!!! why??!! it lets you choose any indicator you want to look for Divergence with price, you just have to go to indicator window, select the indicator and go to "Imput Series" and choose any indicator you want to look for divergence.
I …
and select Volume Oscillator from the indicators list at the Data Series option.
Good Morning to all, i just came to my desk to see the market and surprise!!! crude went to the 90s,
My analysis for this morning goes on waiting for a reversal from this highs, or a continuation in the current trend checking USD index there is no correlation but market personality could change any time.
Today is OPEX Friday, so i trade carefully, at the moment the market is choppy with an upside desire, USD index is UP, so crude is heading down some time before closing.
I normally don't trade on Sundays but i really couldn't resist this opportunity, it was a perfect setup on a wedge retest, that didn't found any buyers also the USD Index was going higher, this gave me confidence on the trade, so i took the trade, i just closed for a 32 ticks positive, what i have learned is that is the market opens and runs higher, after the exhaustion price will fall on no buyers.
I wanted to share my desktop trading distribution some time ago, since i have some time now, i will post it, market is really slow now, but looking for a great Monday Trading, Europe woes continue on talks of Greece out from the EU community, as they say Greece out from Euro Zone is manageable....will see where the prices head way..
JD, thanks for your posts and for the information you share with us. If I could ask you a question regarding your divergence indicator that you have on your charts and your value areas. just want to get my chart to look like yours, they seem easy but yet effective. this is the way i see it now, if it is wrong please let me know.
1. divergence indicator- on your first input you choose stochastic with 3,9,3. the input for the stochastic is volume.
2. dvalue area- a. how do I remove the profile lines that run horizontal, i am assuming they are the profile lines.
b. the value lines you have on your chart are those hand inputted from your larger 30 minute chart.
Your help would be greatly appreciated.
Thanks
Hector
The following user says Thank You to hector24 for this post:
I really appreciate your words, i think the more i share the more i learn, the more a reaffirm in my head my strategy and the patterns that work in this game!!!...
I try to keep my charts easy and with the tools that work and help you make money, most traders think that having a lot of indicator will help the performance of the trades, i think is more about to have the right tools that let you know where to entry and the correct tools that let you know when to exit, and that is a successful way to trade.
Now, regarding my trading, i have divided my charts in three important components.
For this i use trends, wedges, Value Areas, channels, Previous day High and Low,
About the Value Areas, i have the indicator on a 30 min chart and i draw lines over the Value Area High (VAH) and Value Area Low (VAL) i have all lines drawn set to "Show in all Charts" this way i can transfer the lines from the 30 min chart to my range charts, after the trading day (After market close) I Manually erase all objects, (Right click, Drawing Tools, Remove Drawing Objects) and draw new value lines, this help me with the Prep for next day trading.
I think Divergence is the most powerful tool i this game, because lets you know when the market is trying to "fool traders" and you can adjust accordingly, for this is use an indicator that let me find high percentage divergence, i use this indicator to find divergence between price and volume (VOL) why volume? because the relationship between price and volume is far more related than Stochastics, RSI or MACD, some say "Volume is the key to the markets" i agree combined with other tools is just powerful.
How do i trade Divergence?
First of all, i trade ONLY the divergence that support the major trend, i mean if the price is under the EMA 150, i have a falling price channel, i will trade Most of the time only divergence signals that go with the trend, this is basic, to be successful trading divergence. so my indicator gives me a sell signal, i check the overall trend to take trade and check also the momentum..and this leads us to my third point.
3. MOMENTUM
Momentum is the final part of my trading strategy and this is the trigger to go short or long in this markets, Why?
depending on Momentum your trade will reach your targets faster or by the contrary will take time or will reach your stop loss and take you out, for this i use Stochastic indicator with the settings of 3,9,3 this for the 10 and 5 range charts, it gives faster signals, i sell ONLY when the stochastic line is coming back from the highs and crosses down the 80 level, and to the buy when cross the 20 line from below, now combining this three things gives me and edge to overcome this game, it is simple but profitable!
Thanks JD, your very nice. I appreciate you explaining your trading methology. I know it is helping me and others that are trying to be profitable. I am still trying to grasp your set up for the divergence indicator. For the inputs do you put in your stochastic then go to to the next window and put in volume for your input during the same process. Just can't seem to follow the settings. Or do you simply put in the divergence indicator and put in volume for the input. If this is the case what shows you that you have a divergence, the arrows? Just want to make sure I am doing things correctly.
Also is your stochastic set at 3,9,3 and which line are you using. It seems to be just one line.
Regarding the Divergence indicator, i simply put in the divergence indicator and set volume in the imput series, and the arrows show me the divergence signals, i dont need to have volume in the chart just the arrows that show me the divergence signals,
In the stochastic i just use the K line. with 3,9,3 settings.
I just had some minutes to trade, and saw this opportunity to go short, for a quick trade, i saw momentum overbought on both charts 10 and 5 Range, and took the trade using a breaker pattern, for a quick 10 ticks 2 contracts, quick $200. enough for my busy day!!:..
Thanks or sharing. I see u r pretty consistent. Can u elaborate in more detail how u set up and use T&S windows
Is it a speed of tape indi u have below them?
And u used in one post an indi that plotted pivots with a blu line and the priceit was.....I think it was on euro....which was this?
i have a non filtered T&S window, and a 15 contract with 50 block alert filtered window, to see where the medium and the big money is heading, this being buying, selling or covering long/short positions, in the image i posted you can see that a big block of 160 contract "red" meaning at first glance selling!! but it was all the contrary they where covering short positions signaling that a reverse up could happen during overnight session.
I use Pace of Tape indicator the one you see in a 13 tick chart, to see speed in the tape.
about the last question i´m not really sure of which image if you found it, please let me know which to guide you to the indicator,.
Heat Map: What is it telling us? Bearish dollar index = bullish markets
OHLC Analysis:
3/4 tells us short-side bias Overnight Highs & Lows:
Well below them both, says bearish
Are we inside or outside day today?
Outside day, below the PLOD
What price-structures do we see?
Price wedge : bullish
Price channel : major bullish
Trigger-zone : we have 3 AB=CD Pattern : 2 bearish AB=CD Pattern
Zig-Zag: nothing at this time, we need to buy at the lows of the bull price channel.
Double-top / Double-bottom: has been violated by new higher-highs. Range Highs and Lows: we can see a range from the recent highs down to recent lows, marked in RED box.
Where will a reversal be likely today?
The dollar index will likely reverse at the trigger-zone support 82.800 level
Where would the smart money be trading today?
Around the trigger-zone support is where we assume traders will be reacting.
it was a mistake i didn't saw price under heavy Big Money Line (EMA 150) and close to it...the rule says "do not trade near this line" or "don't fiddle with the middle!", it was a 20 tick loss, 
