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CL Light Crude Analysis TPO/MP/VWAP/VPOC


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CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #251 (permalink)
 greenr 
london/england
 
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bobarian View Post
If cl can get up herer,will look to short

Did you hit that short entry you planned?

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  #252 (permalink)
 greenr 
london/england
 
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greenr View Post
Attachment 97858

This poped up while i was finishing up

1st Dev Vwap acting as support

I really need to get my shopping done

17:32 GMT i got till 21:00 GMT untill im dead meat

Nearly there



Want to see a test and break of a swing high @ 88.83 or im done

no point risking 10-15 cent to get a target filled when i have 45 cent on the runner

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  #253 (permalink)
 
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 bobarian 
whitestone, new york
 
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you best get your shopping done, or there will be no egg nog for you!!

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  #254 (permalink)
 kulu 
Buckeye Nation
 
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greenr View Post
Nearly there

Attachment 97866

Want to see a test and break of a swing high @ 88.83 or im done

no point risking 10-15 cent to get a target filled when i have 45 cent on the runner

@greenr

Are you entering on limit orders? Do you wait for price action/candle formations for your entries? Sometimes it looks like you enter midbar??

Thanks and happy holidays everyone

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  #255 (permalink)
 
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 Private Banker 
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Here's a bigger picture perspective of this past week. It appears the market ran all the way up to the recent swing high and filled in (repaired) the incomplete top end of its range. Note the huge volume at the high for this week with a sell off overnight on Friday (today) and a close just in about the middle of this week's range.

I've noted certain things on the profiles that stood out for me. The profiles displayed consist of a TPO profile on the right side and a volume profile on the left to better see both sides of the story. The things that really stand out are like I said, the large volume at the week high and the incomplete (no excess) poor low. The market will often revisit these areas to repair them just as we did this week. Not sure what to expect next week with the holidays here but the market could run down there. I'll be on vacation but if anyone's around trading, by all means, have at it.

In any event, its always useful to understand what the big picture is telling you.



Happy Holidays!

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  #256 (permalink)
 
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 bobarian 
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I havent been on the computer this week,and i wanted to post a few pics

Look at the daily.We are at the top of the channel,with the volume decreasing.The tpo chart is interesting.Todays value area was an inside day of yest,and yest value was an outside day of wed.I think that this really has to do with the fiscal cliff ,which is pending.

Looking at this,i have a short bias,but,as always,would wait for the developing rth to trade.

I expect to see big volatility next week,but,because there is so much at stake,would not be surprised either way what happens

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  #257 (permalink)
 
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 VinceVirgil 
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bobarian View Post
I havent been on the computer this week,and i wanted to post a few pics

Look at the daily.We are at the top of the channel,with the volume decreasing.The tpo chart is interesting.Todays value area was an inside day of yest,and yest value was an outside day of wed.I think that this really has to do with the fiscal cliff ,which is pending.

Looking at this,i have a short bias,but,as always,would wait for the developing rth to trade.

I expect to see big volatility next week,but,because there is so much at stake,would not be surprised either way what happens

Not being at the computer this week...Didnt miss much.

Unless you were long the ES today...

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  #258 (permalink)
 greenr 
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kulu View Post
@greenr

Are you entering on limit orders? Do you wait for price action/candle formations for your entries? Sometimes it looks like you enter midbar??

Thanks and happy holidays everyone

It depends,

some times i have limit orders sitting in the areas

some times i wait for the areas to get hit and develop and it hit the market

I wouldnt not concentrate too hard on my fills, more the areas i am trading

May be in the future i will just show the locations of my trades rather than the fills like PB

Hope you all had a good christmas

I just got back home

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  #259 (permalink)
 
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 bobarian 
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if cl gets to ON 1st sdt dev,some good confluence for a short.It could fall here,but vwap doesnt typically work for me


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  #260 (permalink)
 
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 bobarian 
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keeping a loose eye on the charts here,i have my kids here...its all about the ninja turtles

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