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Playing with sierra chart settings
It is a permanent conflict between clarity and granularity
I use a 4 tick for the weekly profile and have the 1 tick poc´s overlayed
Comments how others solve this conflict are appreciated
I have only the TPO on a daily chart and have 2 ticks each letter. I feel like it would be better to have 1 tick each but then I can see nothing when I zoom out...
I like Sierra Chart a lot but I feel it is not best software for Market Profile Trading.
News and numbers
Feds Bostic is speaking
10 am Uni Michigan (shake out time)
Objectives
We are in 5 day Balance
Balances rules apply
The on explored lower twice but failed strongly
Thoughts
If they keep this Balance so flat, this is bullish
the on rejection is also bullish but we already moved up a good way poc and vwap of the balance are near the middle. This area can be choppy
objectives
we had a 3 day consolidation that was very flat
on friday we had a strong up-day
we took out last month high and reached septembers vpoc
Thoughts
nothing new here
the market is very bullish and at the same time potentially overbought
do not anticipate liquidation
do not sit in longs too long
Objectives
we open with a large gap on top of an already large flagpole
oni is long and we open in the upper part of the onr
Round number and september poc 4500 is right above us
Treasury futures are up clearly
Thoughts
I do not follow large gaps early
watch signposts, especially onh, open, vwap
