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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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  #621 (permalink)
shanemcdonald28
new york
 
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i have 96.67 for yesterdays poc. Is that because I have it set to volume? vpoc
I use dvalue area on ninja
96.44 for today. is that correct ?

shane

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  #622 (permalink)
 benrock 
hampton bays
 
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hey private banker , may i ask what mp that is for think or swim ?

thanks

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  #623 (permalink)
 
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 Private Banker 
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Target hit


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  #624 (permalink)
 
Private Banker's Avatar
 Private Banker 
La Jolla, CA
 
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benrock View Post
hey private banker , may i ask what mp that is for think or swim ?

thanks

Its their "Monkey Bars" with some added drawings.

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  #625 (permalink)
 
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 trendisyourfriend 
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Private Banker View Post
Target hit


Gee! who would have thought some squiggly lines might beat the powerful MP.


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  #626 (permalink)
 mongoose 
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trendisyourfriend View Post
Gee! who would have thought some squiggly lines might beat the powerful MP.


Those lines look pretty straight to me

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  #627 (permalink)
 
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 Private Banker 
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Private Banker View Post
Crude continues to find bid here. We just continue to drift higher and higher. Looking at a bigger picture perspective we can see that the market is trading within "value" and seems determined to run up to the upper 1st SD level (VAH). The RSI is well within the overbought territory however, this can remain overbought for quite some time. We still have a good sized gap above that could be on target to getting filled as well and maybe take us up to the 105 area.



Usually whenever you see the market continue to limp/melt higher like this, its followed with a violent sell off. We've seen this over and over. With the daily ranges continuing to be fairly subdued, it increases the chances for a crushing reversal but who knows, maybe we test the swing high of 114s but it just looks like a trap. This appears to be the case in just about all risk markets. Everyone on the street seems to be bullish, the world is saved, we can borrow into eternity with zero repercussions, lol! Good luck with that right?

Don't say I didn't warn you, lol!!! Now that is what I call a spike!



Take a look at the footprint as it began really all the way from yesterday's close level. There was a huge seller(s) up there. You can see a huge drop in delta and then a gradual decline before the market completely fell out of balance. Also note the buyers that were buying the lows either bailed or reversed. Someone got nailed here!


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  #628 (permalink)
 kulu 
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greenr View Post
Ok so we now have a single print tail in "A" period

we saw buyer responding after the open sell drive, this is now a good day ref point if we can hold the single print TPOs

Attachment 100282

I thought we needed at least to wait until the close of the "B" and start of the "C" period in order to know that we have single print in the "A" period. Just the fact that the "B" period is inside the "A" period doesn't mean that we have single prints in the "A" period.

Am I missing something?

Thanks, Kulu

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  #629 (permalink)
 greenr 
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kulu View Post
I thought we needed at least to wait until the close of the "B" and start of the "C" period in order to know that we have single print in the "A" period. Just the fact that the "B" period is inside the "A" period doesn't mean that we have single prints in the "A" period.

Am I missing something?

Thanks, Kulu

I was suggesting that i wanted to see the see "A" TPO period hold

I was just trying predicting what was going to happen before it happened

This of one of the Key skill required i think to use "Market Generated Inofrmation"

To see some thing before it happenes and then act on your belief

Im far for as good as i need to be, but im learning fast

Look at private banker......predicting that we would see the spike down into the close

I know that a diffrent situation...but never the less. Its reading into some thing before it happens

" 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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  #630 (permalink)
 
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 trendisyourfriend 
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Trying to predict anything is a surefire way to become a mediocre trader. Ideally, you want to identify certain areas that offer a low risk but a great reward. You want to do this ahead of time to be prepared to all eventualities. I know it seems like playing with words but there is a subtil difference.


greenr View Post
I was suggesting that i wanted to see the see "A" TPO period hold

I was just trying predicting what was going to happen before it happened

This of one of the Key skill required i think to use "Market Generated Inofrmation"

To see some thing before it happenes and then act on your belief

Im far for as good as i need to be, but im learning fast

Look at private banker......predicting that we would see the spike down into the close

I know that a diffrent situation...but never the less. Its reading into some thing before it happens


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