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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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  #1341 (permalink)
 
Tiger45's Avatar
 Tiger45 
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Long at touch of DVA


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  #1342 (permalink)
 
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 josh 
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greenr View Post
Opened out of balance...out of value....out side of the bracket

A good case to be a seller if the location is spot on. For me, it's a good case to be a buyer. But, not up here; for me, I would look to be a buyer at previously fair prices. I miss out sometimes because of this, but for me I will not pay up for the privilege when the market is in balance mode above value, as opposed to strong imbalance to the upside.

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  #1343 (permalink)
 Profiler 
Rio de Janeiro, Brazil
 
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greenr View Post
Opened out of balance...out of value....out side of the bracket

I looked to be a seller with seller responding at the O/N highs (ref point)

Target value below

If we reject the O/N ETH developing value i will look to exit and see how the game playes out

Can you explain why this makes it a short? I was thinking that if you have a gap up open above bracket hi then first hypothesis should be look to go long. I am new though so not sure.

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  #1344 (permalink)
 greenr 
london/england
 
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greenr View Post
Opened out of balance...out of value....out side of the bracket

I looked to be a seller with seller responding at the O/N highs (ref point)

Target value below

If we reject the O/N ETH developing value i will look to exit and see how the game playes out

Attachment 105056

Biger picture

Attachment 105057

Got my risk off.....now let the market do its thing

Full sclaed out now

Just going to sit back and let my runner do its job

ETH vwap will tell the story now



My runner target will depend on what happens now were in value

But if we accept were back in this bracket now.....who knows. Could possibly see the lower end

Lets see how the next few periods play out

All i know is sellers responded nicley here so far

" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
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  #1345 (permalink)
 greenr 
london/england
 
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Profiler View Post
Can you explain why this makes it a short? I was thinking that if you have a gap up open above bracket hi then first hypothesis should be look to go long. I am new though so not sure.

Im just going with the flow of the market

Value was established the last 4 days and now were above it (value lower...price higher......value is a magnet in a balance market)

Buyers did not respond at the open...sellers did

Just because we gap up does not mean buy.......if buyers are responding and were rejecting developing value then yes. But this was clearly not the case on this open

Also does not mean were going to continue to sell all day

Buyers might come in at ETH wvap here and we could see new highs.....just read market generated info and go with the order flow and manage risk

" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
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  #1346 (permalink)
 
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 GaryD 
Orlando, Florida
 
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decided to ride it out


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  #1347 (permalink)
 
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 GaryD 
Orlando, Florida
 
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fly baby


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  #1348 (permalink)
 
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 GaryD 
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Changed over to non OCO. Hotels are weird.


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  #1349 (permalink)
 
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 GaryD 
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closed, I have a meeting at 9 central


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  #1350 (permalink)
 
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 Tiger45 
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GaryD View Post
decided to ride it out


Nice entry off the VWAP. I'm using ETH hours and it never hit it.

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