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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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  #771 (permalink)
 greenr 
london/england
 
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greenr View Post
Going for a long back into value

Attachment 101284

Looks like i was a little early to that party and had to suffer slightly on that last push

Targets filled at last

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  #772 (permalink)
 
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 Private Banker 
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Covered my runner as price came back within value and took a long and the last push lower. This is what I was watching for on this move.

Made a low, came back into value with a new TPO bracket, made a push to the lows and saw buying absorption down there trapping weak sellers trying sell the low with sell stops. This is also known as the mouse trap.



We also ran from the weekly VAH to the VAL on the bigger picture. Good to be observant on that.



The thought with a long at this point is to capture some of the volume filling in into the selling tail.

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  #773 (permalink)
 
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 Private Banker 
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OK, target filled on the DVAH. I'm out and done for the day. Its Aloha Friday, No Work Till Monday and I'm not going to push this any further. Enjoy your day.




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  #774 (permalink)
 
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 bobarian 
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Private Banker View Post
OK, target filled on the DVAH. I'm out and done for the day. Its Aloha Friday, No Work Till Monday and I'm not going to push this any further. Enjoy your day.




you heading to the islands?

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  #775 (permalink)
 
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 Brutus 
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greenr View Post
Here is what im looking at

for a possible target area

Attachment 101281

Well done

See how yesterday was a Normal day, with range confined to the A period. 9 out of 10 times the next day will test that A low or LOD. A very bearish signal in any case, full credit to Ben Little for pointing this out

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  #776 (permalink)
 
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 Private Banker 
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bobarian View Post
you heading to the islands?

No, not this week. The wife (the Boss) has other plans for us this weekend. Weather has been pretty nice out here though so can't complain.

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  #777 (permalink)
 
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 bobarian 
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Private Banker View Post
No, not this week. The wife (the Boss) has other plans for us this weekend. Weather has been pretty nice out here though so can't complain.

good for you, ill be freezing my butt off!

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  #778 (permalink)
 kulu 
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bobarian View Post
good for you, ill be freezing my butt off!

Me too, it's 10 degrees in Columbus, OH, and I have a flu/cold

Again, thank you all for sharing. I LOVE this THREAD. IMHO it's one of the best on here in the past few months. Thank you all for your contributions.

@Private Banker

Ben, thank you very much for the footprint explanation. That makes sense. Now I have to watch replay the data over the weekend to see if I can actually see it during a live market. I have one question, how do you identify "ABSORPTION"? Is the fact that you see almost the same bids and offers?

Thanks and have a great and relaxing weekend.

Kulu

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  #779 (permalink)
 markdadams 
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Private Banker View Post
OK, target filled on the DVAH. I'm out and done for the day. Its Aloha Friday, No Work Till Monday and I'm not going to push this any further. Enjoy your day.




Ben,

What indicator do you use on your 30min chart? Thanks for your insight day in and day out!

Mark

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  #780 (permalink)
 
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 plethora 
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:bmt-rocks:

This thread is the absolute best.
Got to a whole other level without even trying.



Thanks to everyones contributions.

Have a great weekend.

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