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CL Light Crude Analysis TPO/MP/VWAP/VPOC


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CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #141 (permalink)
 greenr 
london/england
 
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bobarian View Post
awesome, just walked in,

Moving markets this morning with the GDP and Jobless claims

Dam the was another nice $1 move

Just missed the oppotunity to but the lows making

Dont have a major bias today

Got a feeling we might try revisit the range below $90

Lets see what the opening story has to show us

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  #142 (permalink)
 
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 bobarian 
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greenr View Post
Moving markets this morning with the GDP and Jobless claims

Dam the was another nice $1 move

Just missed the oppotunity to but the lows making

Dont have a major bias today

Got a feeling we might try revisit the range below $90

Lets see what the opening story has to show us

i agree, no bias yet...maybe inside balance day...so far, still in yest value area tpo..hit the extremes

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  #143 (permalink)
 greenr 
london/england
 
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ok so....

On the weekley we had a rally back up into the bracket above ($90-$94) we got the potential rejection, lets see if we cann sell of back into the bracket below ($88-$86)

On the Daily MA`s/MCAD we have potential resistance (100 MA`s) which we tested yesterday around $90.30 and MCAD approaching mind point potential resistance

On the Month Vwap we tested abd held the 2 Dev and Month open More potential resistance

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  #144 (permalink)
 
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 bobarian 
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greenr View Post
Attachment 97704

ok so....

On the weekley we had a rally back up into the bracket above ($90-$94) we got the potential rejection, lets see if we cann sell of back into the bracket below ($88-$86)

On the Daily MA`s/MCAD we have potential resistance which we tested yesterday around $90.30

On the Month Vwap we tested abd held the 2 Dev and Month open More potential resistance

good good...lets see if that monthly extended vwap is going to reject...

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  #145 (permalink)
 kulu 
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bobarian View Post
i agree, no bias yet...maybe inside balance day...so far, still in yest value area tpo..hit the extremes


How would you define value when yesterday's profiles (MP and VP) were both so stretched out? Is there value?

Thanks

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  #146 (permalink)
 greenr 
london/england
 
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I just bought the open drive

1st target Vwap

2nd looking for 1st Dev upper

Target filled as im typing


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  #147 (permalink)
 greenr 
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kulu View Post
How would you define value when yesterday's profiles (MP and VP) were both so stretched out? Is there value?

Thanks

Well we open up in value yesterday, very low voulme and seem to be balanced

Oli news comw out and we broke out of value to the up side and rallyed up to $90 were we found value

We then continued to rotate from $89.50 - $90.30 were we found Value......

Look how we just open up at yesterday value low and we saw a rejection of lower value


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  #148 (permalink)
 kulu 
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greenr View Post
Well we open up in value yesterday, very low voulme and seem to be balanced

Oli news comw out and we broke out of value to the up side and rallyed up to $90 were we found value

We then continued to rotate from $89.50 - $90.30 were we found Value......

Look how we just open up at yesterday value low and we saw a rejection of lower value

Attachment 97708

@greenr

Do you have predetermined areas where you look for entries?

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  #149 (permalink)
 greenr 
london/england
 
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kulu View Post
@greenr

Do you have predetermined areas where you look for entries?

Well i suppose yes

but at the same time it is an intuative decision

i have a few hypothesis ready for the day which i creat in my head before i start trading

I mean area like...

Value areas

Vpoc

High voulme nodes

Low Volume nodes

Globex highs/Lows

etc....are static pre defined levels

But Vwap is dynamic and develops as the market auctions

hope that helps

Like now 9:23 EST, im watching value lows area and the 1st Deviation of vwap low to may be hold as potential support

we closed yesterdays open gap and nake vpoc with no buyer above...so is it really a good idea to buy the lows at the moment?

" 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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  #150 (permalink)
 kulu 
Buckeye Nation
 
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greenr View Post
Well i suppose yes

but at the same time it is an intuative decision

i have a few hypothesis ready for the day which i creat in my head before i start trading

I mean area like...

Value areas

Vpoc

High voulme nodes

Low Volume nodes

Globex highs/Lows

etc....are static pre defined levels

But Vwap is dynamic and develops as the market auctions

hope that helps

Like now 9:23 EST, im watching value lows area and the 1st Deviation of vwap low to may be hold as potential support

we closed yesterdays open gap and nake vpoc with no buyer above...so is it really a good idea to buy the lows at the moment?

Gotcha. Thanks

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Last Updated on July 17, 2015


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