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CL Light Crude Analysis TPO/MP/VWAP/VPOC


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CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #531 (permalink)
shanemcdonald28
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Private Banker View Post
Yep, that certainly has something to do with it. I've posted this chart on here before saying that would be the next area of potential resistance and sure enough, here we are.


is that 2 regression channels on a collision course ?

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  #532 (permalink)
 
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 Private Banker 
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kulu View Post
@Private Banker

With this long from this morning, where would your stop be? Wouldn't it have to be on the other side of the POC, which makes it a large stop? Wouldn't you consider this trade, trading in the middle? I understand that we were testing a VAH, but I thought you like the extremes, which this is not. I am sure the trade worked out since you took your both your scale outs, but just asking for education purposes

Thanks for all your posts by the way. We really appreciate you

Kulu

We opened today in an arguable excess area (double prints) from yesterday and above yesterday's value while trading at the ETH VWAP. The potential for a break out higher was there and a test long was certainly feasible. Yes, I got my two scale outs before the market stalled and reversed. I would have just exited had the market fallen back into value. No need to let the market stop me out. If the order flow is telling you you're wrong, its a good idea to pay attention to that.

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  #533 (permalink)
 
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 trendisyourfriend 
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Private Banker View Post
Yep, that certainly has something to do with it. I've posted this chart on here before saying that would be the next area of potential resistance and sure enough, here we are.

I have mark these zones on my daily chart to get an idea where supply/demand may be found. That's a rough estimate but may help to form some expectations.


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  #534 (permalink)
 greenr 
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samadams View Post
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.

Hey @samadams

I have got a lot of stuff about MCADbb`s and teachings, if you PM me i could share some stuff

but.............

I have been there got the t-shirt; even know i do believe it can be a tradable system as i did get good simulated results. But i found there are much more efficient ways to look and trade the markets now. Giving trading clear clean structure

and you’re reading the thread about it

You might see pics of the mcadbbs early on in this thread, but I have let go of them. Even though I developed the skill to read them. I have no use for them anymore regard’s trade locations and management

Read, learn and ask as many questions as you like

Im sure everyone involved will try answer them for you

" 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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  #535 (permalink)
 
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 lrfsdad 
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Been hearing @bobarian use the term confluence in his videos and post and @Privatebanker in his posts. Finally had to look it up as even in context couldn't figure out what it meant. here is a screen shot from merriam-webster.com for those of you wondering like I was.


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  #536 (permalink)
 greenr 
london/england
 
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This is what i saw and did this morning



I saw on the ETH vwap we were at the lows of the 1st lower dev Vwap going into the open

We were also opening up a the single print TPO`s just inside yesterday’s range

I bought the open with the idea the we rejected lower prices from yesterday’s RTH range

Got my 1st scale out

Alot of news today

9:15 EST Industrial Production

10:00 EST Housing Market Index

10:30 EST crude report

" 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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  #537 (permalink)
 kulu 
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We opened up inside the yesterday afternoon's late spike. This is a sign of acceptance, hence we expect the top of the spike to act as resistance. So for those that bought the Open, targets are most likely at the VAL. If we look inside yesterday's VA and get rejected, I expect to take out the lows of the spike. If we are accepted inside yesterday's VA, I would expect an auction higher to take out the VAH. Any signs of rejecting the spike is bearish and would expect the spike lows to be taken out as well.

Any comments? Good trading


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  #538 (permalink)
 greenr 
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greenr View Post
This is what i saw and did this morning

Attachment 99684

I saw on the ETH vwap we were at the lows of the 1st lower dev Vwap going into the open

We were also opening up a the single print TPO`s just inside yesterday’s range

I bought the open with the idea the we rejected lower prices from yesterday’s RTH range

Got my 1st scale out

Alot of news today

9:15 EST Industrial Production

10:00 EST Housing Market Index

10:30 EST crude report

Just covered my runner at yesterdays highs and a Single print TPO ledge

1st 100 tick runner this year


" 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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  #539 (permalink)
 
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 trendisyourfriend 
Quebec Canada
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greenr View Post
Just covered my runner at yesterdays highs and a Single print TPO ledge

1st 100 tick runner this year

Attachment 99708

WOW! congrats on your trade.

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  #540 (permalink)
 greenr 
london/england
 
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I was not going to post my fills anymore and just show trade location

But i don’t think i could have positioned myself and managed that trade any better than i did





" 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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