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CL Light Crude Analysis TPO/MP/VWAP/VPOC


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CL Light Crude Analysis TPO/MP/VWAP/VPOC

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  #1231 (permalink)
 
Tiger45's Avatar
 Tiger45 
San Diego, CA, USA
 
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Yeah, still learning this. I was stopped out. Need to analyse a bit more. Price got stuck at Friday's VWAP and reversed.


josh View Post
Hope it works out for you, but you have a market opening within balance, that has shown no directional conviction, that appears to be quite lazy so far, with very subpar volume. Seems quite a 50/50 kind of proposition.


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  #1232 (permalink)
 
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 josh 
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Tiger45 View Post
Yeah, still learning this. I was stopped out. Need to analyse a bit more. Price got stuck at Friday's VWAP and reversed.

And tested within one tick of friday's fairest price and could not get above that. The open is a very important time in the market, and placing directional bets in the middle of previous value (particularly a long below the prior VPOC) when the market has shown no conviction may work sometimes, but it is not a high probability proposition. The unfair edges are your best bet in this type of environment. Anyway, have fun today CL traders and best to you!

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  #1233 (permalink)
 
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 GaryD 
Orlando, Florida
 
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Tiger45 View Post
Yeah, still learning this. I was stopped out. Need to analyse a bit more. Price got stuck at Friday's VWAP and reversed.

At least you are taking a stab at it. Stay at it. It may not be the analysis. Let the market tell you what it wants to do. It is not your job to know, it is your job to listen and know what you will do if it does whatever.

There is a win coming to offset it.

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  #1234 (permalink)
 
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 lrfsdad 
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single prints from Friday hold and so did the HVA. Which is stronger?

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  #1235 (permalink)
 
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 GaryD 
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Tape is slow so far. Still watching for a test.

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  #1236 (permalink)
 
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 GaryD 
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There we go


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  #1237 (permalink)
 
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 GaryD 
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  #1238 (permalink)
 
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 Tiger45 
San Diego, CA, USA
 
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At 2nd SD, bottom of IB and in single prints


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  #1239 (permalink)
 
Tiger45's Avatar
 Tiger45 
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Tiger45 View Post
At 2nd SD, bottom of IB and in single prints

Stopped out BE. Moved stop after price went into value. It needed to stay there.

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  #1240 (permalink)
 
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 GaryD 
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added, stop to prior pivot, but bail ready


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