trading e6 between high volume nodes - Trading Journals | futures io social day trading
futures io futures trading


trading e6 between high volume nodes
Updated: Views / Replies:3,267 / 29
Created: by tpbyyc Attachments:3

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 3  
 
Thread Tools Search this Thread
 

trading e6 between high volume nodes

  #11 (permalink)
Elite Member
Calgary, AB
 
Futures Experience: Intermediate
Platform: CTS/T4 (realtime); RT Investor (DTN-MA); POP.calculator (my own prop front end)
Broker/Data: DDT (Crosslands) / Cunnigham - CTS T4
Favorite Futures: E6
 
Posts: 28 since Jan 2012
Thanks: 22 given, 21 received

homework - euro for Aug 16 session

homework for: 16/8/12

hi volume brackets from: 15/8/12
closing other brackets
12298 12333 12298
12289 12327 12287
12286 12321 12276
secondary hi-vol:
last trade: 12292 hi: 12348 lo: 12267


FT71 (euro templates from IRT)
vpoc 08/07/2012 12425
vpoc 8/14/12 - LRH 12385
VPOC (last period) 12387
vpoc 08/03/2012 12223

l/t hi-vol comp 12286

news
- UK retail sales, bank minutes (3:30); EURO CPI (4:00); USD Housing, Philly Fed
other notes
- trading in upper half of broad range 12450 - 12051 (daily chart)
- last session was low volume, low range resulted in simple double distribution day

Reply With Quote
 
  #12 (permalink)
Elite Member
Tulsa, OK
 
Futures Experience: Beginner
Platform: Jigsaw, Ninja Trader, Sierra Chart
Broker/Data: Ninjatrader/Rithmic
Favorite Futures: G&L Tribute Series Rampage
 
omni72's Avatar
 
Posts: 348 since Jan 2012
Thanks: 582 given, 619 received


Nicolas11 View Post
Hi,

Thanks for sharing your experience with this journal!



Do you have any reference to this "new thinking"?
I was aware of the "volume strips" (CME video, CME video, futures.io (formerly BMT) thread) which are not very far from the concept of VPOC shift.
But I know nothing about his new theory.

Thanks!

Nicolas


Here's a link to the recent webinar where he discusses the concept of adding time back into the market: Volume: The Key to Understanding Today's Market

Luck is what happens when preparation meets opportunity. ~ Seneca
Reply With Quote
The following user says Thank You to omni72 for this post:
 
  #13 (permalink)
Elite Member
Calgary, AB
 
Futures Experience: Intermediate
Platform: CTS/T4 (realtime); RT Investor (DTN-MA); POP.calculator (my own prop front end)
Broker/Data: DDT (Crosslands) / Cunnigham - CTS T4
Favorite Futures: E6
 
Posts: 28 since Jan 2012
Thanks: 22 given, 21 received

sold top of bracket


sold 1e6u12 @ 12299 ... top of bracket of 12287 hi-volume price

Reply With Quote
 
  #14 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

Nice journal. I would be interested to see how you look at your trading graphically (if you do)

I don't trade futures but here is a spot version of eur/usd. I find the low volume nodes almost more interesting then the high volume ones. Wonder if you have ever looked at those.

here are the high volume brackets numbers you called out (the dashed horizontal lines) in your last numbers post with last session vpoc in magenta

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


here are high volume nodes as I have them. Going 5 days deep across any row. magenta is poc and green is high volume. Purple lines marked are previous hi/lows

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


here are low volume nodes (yellow numbers)

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



anyhow just different ways to look at it.

later

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
 
  #15 (permalink)
Elite Member
Calgary, AB
 
Futures Experience: Intermediate
Platform: CTS/T4 (realtime); RT Investor (DTN-MA); POP.calculator (my own prop front end)
Broker/Data: DDT (Crosslands) / Cunnigham - CTS T4
Favorite Futures: E6
 
Posts: 28 since Jan 2012
Thanks: 22 given, 21 received

covered short at 12302 for -3 ticks ... also inadvertently sold another short on move higher after initial entry but covered for scratch.

Same issue as last night sold top of bracket (identified as first low volume level above high volume level) expecting an immediate bounce lower back towards the hi-volume price, in both cases the bracket high provided resistance initially but price hung around (what I had assumed) was a low volume level and built volume at this price. My entry (like the one last night) ended up being on the bottom of a very small developing bracket. Although, the opportunity existed to cover after even 10 minutes for a scratch for at most a 2 tick loss, I was stubborn and let the trade go offside by as many as 10 ticks. I did get a pullback from this session's which I used to cover for a smaller loss; price did retrace as low as 12297 in the pullback. Somewhere between that low and the initial bracket high (12299) would have been a great place to initiate a long for a move back to 12304 (session POC) or higher but because i was so relieved to have gotten out with a smaller loss I didn't have the fortitude to jump back in.

But I live to fight another day, actually another time because with this vent out of the way I am now in a better mood to continue the hunt for trades as there are, will always be more hi-volume prices to chase.

Reply With Quote
 
  #16 (permalink)
Elite Member
Calgary, AB
 
Futures Experience: Intermediate
Platform: CTS/T4 (realtime); RT Investor (DTN-MA); POP.calculator (my own prop front end)
Broker/Data: DDT (Crosslands) / Cunnigham - CTS T4
Favorite Futures: E6
 
Posts: 28 since Jan 2012
Thanks: 22 given, 21 received

bot eurofx 12288 ... hi volume price 12287 ... looking for move to top of this bracket ~ 12299
(added later) liquidated long @ 12281; 1 -7 ticks on the trade, down -10 for the night


Last edited by tpbyyc; August 16th, 2012 at 01:30 AM.
Reply With Quote
 
  #17 (permalink)
Elite Member
Calgary, AB
 
Futures Experience: Intermediate
Platform: CTS/T4 (realtime); RT Investor (DTN-MA); POP.calculator (my own prop front end)
Broker/Data: DDT (Crosslands) / Cunnigham - CTS T4
Favorite Futures: E6
 
Posts: 28 since Jan 2012
Thanks: 22 given, 21 received

thanks ...


websouth View Post
Nice journal. I would be interested to see how you look at your trading graphically (if you do)

I don't trade futures but here is a spot version of eur/usd. I find the low volume nodes almost more interesting then the high volume ones. Wonder if you have ever looked at those.




anyhow just different ways to look at it.

later

Thanks so much for your input, I look forward to carrying on the conversation but I am just leaving town for the weekend and will not have time until I return on Sunday. I do have graphical representations that I have had developed for my use and I will post some examples next week; because this software is just for my own use it is somewhat ad-hoc, almost rough, in its presentation. Hope you find a few good trades this session, I`ll be back at it again for Sunday.

Reply With Quote
 
  #18 (permalink)
Elite Member
Calgary, AB
 
Futures Experience: Intermediate
Platform: CTS/T4 (realtime); RT Investor (DTN-MA); POP.calculator (my own prop front end)
Broker/Data: DDT (Crosslands) / Cunnigham - CTS T4
Favorite Futures: E6
 
Posts: 28 since Jan 2012
Thanks: 22 given, 21 received


omni72 View Post
Here's a link to the recent webinar where he discusses the concept of adding time back into the market: Volume: The Key to Understanding Today's Market

Thanks for asking and thanks for the replay and post of that link ... `part 1`of his thinking can be found at this link ...

Steidlmayer Volume Strips: J. Peter Steidlmayer

this was a presentation that Steidlmayer made almost 1 year ago (I discovered it sometime in November of last year) and I believe is the first time that he had spoken in public about the current evolution of his trading.

Note: Volume Strips does not exist as a software product that I can license and I am a Cunningham customer (CTS was supposedly the launch partner for Volume Strips). Despite the references to it again in the second later presentation, it doesn't really exist. In fact, I believe that he continues to search for a visual representation of his ideas that would be as objective (and elegant) as market profile was for his earlier thinking.

Reply With Quote
 
  #19 (permalink)
Elite Member
near Paris, France
 
Futures Experience: Beginner
Platform: -
Favorite Futures: -
 
Nicolas11's Avatar
 
Posts: 1,070 since Aug 2011
Thanks: 2,232 given, 1,729 received


omni72 View Post
Here's a link to the recent webinar where he discusses the concept of adding time back into the market: Volume: The Key to Understanding Today's Market

Thanks!
Actually, this link was one of the two I gave in my own message. When I saw this webinar some time ago, I did not have the feeling that it was so different from volume strips. I will have a new look at it. Thanks again.

Nicolas

Reply With Quote
 
  #20 (permalink)
Trading Apprentice
San Antonio
 
Futures Experience: Master
Platform: Think or Swim and Ninja
Favorite Futures: ES , CL , 6E
 
Posts: 13 since Jan 2012
Thanks: 20 given, 0 received

high volume node


Whats a high volume node

Reply With Quote

Reply



futures io > > > trading e6 between high volume nodes

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Best Broker for High Volume Day Trading? a2trader Reviews of Brokers and Data Feeds 5 June 28th, 2012 11:24 PM
Very High NASDAQ Volume Friday TomHam Stocks and ETFs Trading 4 June 24th, 2012 12:36 PM
Composite High Volume Node omni72 Terms (Glossary) 0 April 27th, 2012 09:30 PM
High Volume Node Big Mike Terms (Glossary) 0 April 16th, 2012 04:33 AM
Need Help: High Tick/Low Tick+ High Volume jswy ThinkOrSwim Programming 0 January 27th, 2012 09:50 AM


All times are GMT -4. The time now is 04:17 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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 2017-12-15 in 0.15 seconds with 20 queries on phoenix via your IP 54.90.92.204