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CL Light Crude Analysis TPO/MP/VWAP/VPOC


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CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #1431 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
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GaryD View Post
I did not get to trade today, but the major support zone held again, this time with a minor local double bottom. I did not get to see it happen, so cannot feel the force of the movement, but the area of 89.00-89.60 is now a major point of significance.







I will put it another way... this is attempting to be a major turning point.

Why I do not have the patience to swing trade I may never know...


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  #1432 (permalink)
 
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 GaryD 
Orlando, Florida
 
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  #1433 (permalink)
 
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 GaryD 
Orlando, Florida
 
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TST has a free morning prep with Jim Dalton at 10:15am EST.


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  #1434 (permalink)
 
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 Brutus 
Adelaide Australia
 
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Opening at yesterdays POC 9295, that level could be pivotal today

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  #1435 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
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Simple set up this morning

Nothing to do on the open in my oppion

Looked to sell yesterdays highs

The IB came in.....we saw a rotation above were sellers responded

Potential target depending on how the rest of the day unfolds is yesterdays lows

Keeping an eye on ETH vwap and developing value

Crude report at 10:30



Looking at the weekley Vwap here

Were rejecting a value area from 2 weeks age and starting to try get back into this week developing value


" 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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  #1436 (permalink)
 greenr 
london/england
 
Experience: Advanced
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greenr View Post
Simple set up this morning

Nothing to do on the open in my oppion

Looked to sell yesterdays highs

The IB came in.....we saw a rotation above were sellers responded

Potential target depending on how the rest of the day unfolds is yesterdays lows

Keeping an eye on ETH vwap and developing value

Crude report at 10:30

Attachment 105738

Looking at the weekley Vwap here

Were rejecting a value area from 2 weeks age and starting to try get back into this week developing value

Attachment 105732

This looked like a good place to get out

Watching a lot of absorbtion here right at the lows of the major balance from yesterday before the spike down



Week vwap below @ 92.47



Here was the heads up for my exit also


" 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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  #1437 (permalink)
 greenr 
london/england
 
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Nice mean reversion here and im done

Pissed i did not hang on to my short

i over reacted at yesterday balance area lows

Still good day today


" 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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  #1438 (permalink)
 kulu 
Buckeye Nation
 
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greenr View Post
Nice mean reversion here and im done

Pissed i did not hang on to my short

i over reacted at yesterday balance area lows

Still good day today

Attachment 105778

Nice trade. Was with you on the short, and took everything off at yLoD.

One question for you, would you fade a one timeframing market at a predefined location, an extreme?

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  #1439 (permalink)
 greenr 
london/england
 
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kulu View Post
Nice trade. Was with you on the short, and took everything off at yLoD.

One question for you, would you fade a one timeframing market at a predefined location, an extreme?

All depends on context really

I was tempted to buy $92`s

We literally flushed all the Daily Ma`s on that short and found support at the 10 EMA

I saw a ton of buying there...but trying to fade a market that out of balance is not wise

You better off letteing it come back into balance and buy the DVA extremes

" 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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  #1440 (permalink)
 
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 GaryD 
Orlando, Florida
 
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early enrty fior me




Sorry guys. Used vvScreenShot and had a different workspace open with this thread # in it by accident.

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