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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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  #1521 (permalink)
 kulu 
Buckeye Nation
 
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greenr View Post
Todays trade location......

I faded the lows, took a few swing at it managing risk but go there i the end

"PATIANCE"

Did one add and sclae out effecting my average entry

I got filled on the long @ .63 though

Attachment 106436

Target at the moment is yesterday HOD and see were we go from there

Need to get out of todays IB 1ST

As always if we come back into balance the order is off

Is everyone on vacation or what? The activity on this thread has slowed a little
Anyways, with regards to this long from today that Ryan shared (Also took the same trade, but my target was the IBH not the yHOD like Ryan).

So, my question is, we were definitely ONE TIMEFRAMING down as we approached that level where the long was taken. Of course the trade worked out great, but when do you guys decide or what makes it say acceptable to FADE a one timeframing market? This was the optimal long entry location (Location is one of the best risk management tools - James Dalton). However, if you don't take you long at that level, instead WAITED for the one timeframing lower to end, the trade location (hence the risk) sucked on the B/O.

Do you disregard one timeframing as long as you are at your level and you have confluence of structure and intraday levels?




Thanks much

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  #1522 (permalink)
 
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 GaryD 
Orlando, Florida
 
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kulu View Post
So, my question is, we were definitely ONE TIMEFRAMING down as we approached that level where the long was taken. Of course the trade worked out great, but when do you guys decide or what makes it say acceptable to FADE a one timeframing market?:

@greener is a better trader than I am, but just to throw my thing in here to not be on "vacation". (I backed off intentionally, I am a serial poster)

I scalped heavy today in the area you are talking about. @greener bought and managed a posiition. But for me, I started short, but then it was all about volume as we came into a proven support zone (prior LOD areas)




Not that it is "good" trading, but I was comfortable. I am in a down week, and not feeling confident enough to let anything run.

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  #1523 (permalink)
 
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 Traderwolf 
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kulu View Post

Do you disregard one timeframing as long as you are at your level and you have confluence of structure and intraday levels?

Thanks much

@kulu,

@Private Banker addresses this very issue in his video of CL today. Kudos to @Private Banker for taking the time to do these vids.

Private Banker Blog:
The Private Banker

Wolf

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  #1524 (permalink)
 
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 GaryD 
Orlando, Florida
 
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Traderwolf View Post
@kulu,

@Private Banker addresses this very issue in his video of CL today. Kudos to @Private Banker for taking the time to do these vids.

Private Banker Blog:
The Private Banker

Wolf

GREAT videos. I watched one 3x this week.

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  #1525 (permalink)
 kulu 
Buckeye Nation
 
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Traderwolf View Post
@kulu,

@Private Banker addresses this very issue in his video of CL today. Kudos to @Private Banker for taking the time to do these vids.

Private Banker Blog:
The Private Banker

Wolf

@wolf,

Thanks, I watch Ben's videos every night before bed and I just happened to post that question before watching the video. It;s time for bed and ready to read the blog and watch the vid.

@Private Banker, thank you for these vids

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  #1526 (permalink)
 
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 bobarian 
whitestone, new york
 
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1st trade of the day, after passing (stuoidly) on the pb to eth vwap off open...may be lat to party here

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  #1527 (permalink)
 
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 bobarian 
whitestone, new york
 
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full stop there...i didnt think we hit an excess to hold back the longs.Well, if we treat the high as the excess of the trendline, a mean rev trade at 1sd...(a stretch, i know,after anothe
r vwap bounce(eth)

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  #1528 (permalink)
 
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 bobarian 
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not thrilled about that eth vwap bounce, see how it goes...i might be missing something here
along with the eth vwap sloping up, we had the dval on the tpo.....2 full stops

and technically we were 1 time framing, and still are...
some bad choices here(apparently)

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  #1529 (permalink)
 
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 Brutus 
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A good test and reversal of yesterdays POC ~9285. Might test the highs of this current bracket at the 9350/60s

Greenrs chart for ref


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  #1530 (permalink)
 greenr 
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Brutus View Post
A good test and reversal of yesterdays POC ~9285. Might test the highs of this current bracket at the 9350/60s

Greenrs chart for ref


Here is a update



My trade location today is obvious, weather it works or not

" 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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