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CL Light Crude Analysis TPO/MP/VWAP/VPOC


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CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #511 (permalink)
 greenr 
london/england
 
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Private Banker View Post
This should only happen if you're on SIM from what I understand. Make sure you have your account selected in the drop down on the DoM or order window.

Since you missed the original entry, there was still the pullback to RTH VWAP which was also the ETH lower 1st SD level. Good confluence there. We knew what the market's intentions were at that point, you just have to give it a shot. I added to my position there.

Yes i dont understand it......every thing was set up for my live AC (i have a routine in the morning for this)

I was connected the same way friday with no probelms.......been on to ninja again this morning. Waiting too see what they have to say about my log

The 2nd entry i hesitated, was waiting for the 1st upper dev to get tested as we were ticks away from it and i hesitate and let it run away from me too far

I managed to catch the bottom at $93 just trying to get my last scale out and call it a day

" 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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  #512 (permalink)
 
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 Private Banker 
La Jolla, CA
 
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shanemcdonald28 View Post
thanks

i did not realize you separated ETH vwap from RTH !

thanks

still learning
shane

Hi Shane,

I've commented on that fairly extensively but the idea there is the ETH VWAP represents the ON session's value and extremes. The ON session is considered weak hands typically and you want to fade them when it makes sense. But that's a long explanation there so, don't take that out of context. The majority of the market's volume occurs during RTH however, it takes some time for that period's VWAP to "kick in". I begin to put weight on the RTH after the IB period is complete but you can see that the ETH levels are still observed throughout the day.

This is just one piece of the puzzle though and I don't recommend taking trades off VWAP/Developing value levels only. Market structure is king.

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  #513 (permalink)
 greenr 
london/england
 
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Private Banker View Post
This should only happen if you're on SIM from what I understand. Make sure you have your account selected in the drop down on the DoM or order window.

Since you missed the original entry, there was still the pullback to RTH VWAP which was also the ETH lower 1st SD level. Good confluence there. We knew what the market's intentions were at that point, you just have to give it a shot. I added to my position there.

Sorry just re read you post and have a question for you

This is what also led me to hesitate......

Because i saw we had just entered value on the ETH Vwap 1st dev

I saw a possible push higher up ino value on the ETH vwap

This is something i really need to work on, these continuation trades

I just dont feel comfortable taking them with confidence

As we are to at an extreme i have trouble mentally for some reason

I see what you do and when you add and i understand why...i just need to train my brain to recognize these situations and feel confident with executing them

" 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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  #514 (permalink)
shanemcdonald28
new york
 
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Private Banker View Post
Hi Shane,

I've commented on that fairly extensively but the idea there is the ETH VWAP represents the ON session's value and extremes. The ON session is considered weak hands typically and you want to fade them when it makes sense. But that's a long explanation there so, don't take that out of context. The majority of the market's volume occurs during RTH however, it takes some time for that period's VWAP to "kick in". I begin to put weight on the RTH after the IB period is complete but you can see that the ETH levels are still observed throughout the day.

This is just one piece of the puzzle though and I don't recommend taking trades off VWAP/Developing value levels only. Market structure is king.

hi

I have only been following here past couple of weeks.
I appreciate all of the fine details added by everyone here.
Previously, I was not sure of the best way to separate the sessions and how long it took for each area to develop.
This has helped me alot.
thanks again
shane

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  #515 (permalink)
 samadams 
savannah, ga us
 
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greenr View Post
LoL yes Horst is a ledgend, i watch his vids on youtube every day

E-Mini Tutor - YouTube

We both used New Futures Trading before the guy Henry decided to go on a bender with 1.5 mill of people money that he was supposed to be trading

emmm i have watched them for so long that i can read them well, i can see buy and sell pressure in a market

Its useful for me....for you may be....may be not

I could and have traded with out them, but they help me with market direction and entries

Like most indicators they are lagging....but if you understand how the time frames correlate they work well

Great Ive been waiting for someone to teach us how to correlate the time frames and the "tells" that they give!
You're a great guy if you have the time to do a quick write up or give us some learning on the bb's. How do you get something from them? Any setups? Thanks in advance.

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  #516 (permalink)
 
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 Private Banker 
La Jolla, CA
 
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Took the long from Y's VAH and managed to get both scales. Market could not take out Y's high however and still trading within its IB. Holding pattern here. Still looking for a test of the ON high if we can get a range expansion. Tough call here because of the stall at Y's high.


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  #517 (permalink)
 
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 bobarian 
whitestone, new york
 
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Private Banker View Post
Took the long from Y's VAH and managed to get both scales. Market could not take out Y's high however and still trading within its IB. Holding pattern here. Still looking for a test of the ON high if we can get a range expansion. Tough call here because of the stall at Y's high.


i knew it.....i tried to go long on the retrace down ,didnt get filled...bah

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  #518 (permalink)
 
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 Private Banker 
La Jolla, CA
 
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Stopped at BE on my remaining 1/3. Good rejection at Y's high. Will have to reassess the situation here. Market could probe Y's lower levels now.

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  #519 (permalink)
 greenr 
london/england
 
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Today i was wrong on the open

Missed the opptunity to buy the rejection of yesterdays value

But i sold yesterdays highs with the folowing info






Got risk covered....looking for a break below todays IB and acception back into yesterdays 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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  #520 (permalink)
 greenr 
london/england
 
Experience: Advanced
Platform: Sierra charts, NinjaTrader, VK Trader
Broker: CQG, AMP, VK, Kinetick
Trading: CL/6E/TF/ES
Posts: 952 since Sep 2011
Thanks Given: 562
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Business Inventories out in 2 minuits

" 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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