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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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  #1711 (permalink)
 greenr 
london/england
 
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greenr View Post
2nd swing short

Back up to my support level, saw selling absorbtion above the IB highs

See if we can get a follow though this time......

Attachment 110338

Attachment 110339

Just realised i had my strategie set up with only 2 cars......hmmmmm

Getting sloppy today

Just re posting this great post from @rubyslippage Thanks

"With regard to the psychological training of professional athletes, particularly professional shooters: To limit stress (which is a fatal factor for any serious competition), professional shooters give themselves the right to make mistakes.

More exactly, they set their goal to make a correct shot technically, not to hit the target. They even inspire themselves that outcome is not that important at all, but correct technique is what only matters.

And that little trick leads to great results. The shooter stands, focuses on the pleasure of the technically perfect shot and does it literally without stress, being focused on the process, not the outcome. Ironically, the chance of target being perfectly hit increases dramatically in such a case.

If the pro shooter's mental focus was to hit the target, he would get overstressed and likely have the opposite result vs. desired.

This is a proven technique used by pro shooters, power lifters and in most other kinds of sport to limit stress during the competition"



Still short, added to full size on this pull abck to the DVAH`s



My bias is still short, if we break a bove ETH DVAH`s i will just close for a small loss

What every way we break away from this balance, will be the move for the day i expect

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  #1712 (permalink)
 
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 Surly 
denver, colorado
 
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greenr View Post
Just realised i had my strategie set up with only 2 cars......hmmmmm

Getting sloppy today

Not a bad idea on a day like today - I've got a lot of MFE that I've left on the table with all this chop...

Feels to me like the market wants to test the UP direction again but its making me work for it...

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  #1713 (permalink)
 greenr 
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Surly View Post
Not a bad idea on a day like today - I've got a lot of MFE that I've left on the table with all this chop...

Feels to me like the market wants to test the UP direction again but its making me work for it...

The ES is testing the O/N lows, lets see if the crude can get its ass into gear and follow

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  #1714 (permalink)
 greenr 
london/england
 
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Surly View Post
Not a bad idea on a day like today - I've got a lot of MFE that I've left on the table with all this chop...

Feels to me like the market wants to test the UP direction again but its making me work for it...

Stop a few ticks above the IB now

Look at these crazy buying wicks in the IB



A possible clue hey

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  #1715 (permalink)
 
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 bobarian 
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this delta on the bottom is hanging me up with a short...but theres no denying the extremes at the ib high...couold we be gathering momentum for an eventual break higher?

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  #1716 (permalink)
 greenr 
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bobarian View Post
this delta on the bottom is hanging me up with a short...but theres no denying the extremes at the ib high...couold we be gathering momentum for an eventual break higher?

Watching some crazy stuff here



There she pops

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  #1717 (permalink)
 
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 bobarian 
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i guess that answers my thoughts

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  #1718 (permalink)
 greenr 
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greenr View Post
Stop a few ticks above the IB now

Look at these crazy buying wicks in the IB

Attachment 110348

A possible clue hey

Watching yesterdays Vwap close here

Possible exit area, next stop $91.60



Also a pull back into this week developing value, along with the lows of the week value area we are in


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  #1719 (permalink)
 
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 Surly 
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Well, all I can say for myself is that at least I'm not fading this down move.

After we failed at the open again I got out of longs and then shorted when we retested rth vwap from the bottom. BUT - I got out right above 93.00 after all the trades earlier in the day where I had a large MFE and ended up scratching in the chop... I figured I should have been scalping all day so I scalped finally right before the breakout. I guess I can laugh at myself but don't exactly feel like laughing.

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  #1720 (permalink)
 greenr 
london/england
 
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greenr View Post
Watching yesterdays Vwap close here

Possible exit area, next stop $91.60

Attachment 110362

Also a pull back into this week developing value, along with the lows of the week value area we are in

Attachment 110364

Last attempt to add on this



Watching buyers coming in at yesterdays vwaps

New TPO in 5 min

Looking for the market to hold the single TPO area from .60 to .70 above yesterdays value



Possibly a doubble distribution day unfolding here now

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