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CL Light Crude Analysis TPO/MP/VWAP/VPOC


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CL Light Crude Analysis TPO/MP/VWAP/VPOC

  #791 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Private Banker View Post
... The footprint is the absolute best tool in seeing that in real time. My example from Friday is precisely that. Hopefully that makes sense.

I understand what you are saying but i fail miserably at reading it like you have just described and i have looked at it quite a bit. For example, when you say a fast interval is prone to display lots of false signals then i could say the same thing about the footprint. When you say it allows you to enter before the laggers then i can accept that but what about putting a limit order 1 tick below the lowest peak or 1 tick above the highest peak at a valid area of supply/demand. I can't see a better way to get ahead of everybody else. Even the footprint user would envy your entry point

Here is an example that occured last Friday:

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  #792 (permalink)
 
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 Private Banker 
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trendisyourfriend View Post
I understand what you are saying but i fail miserably at reading it like you have just described and i have looked at it quite a bit. For example, when you say a fast interval is prone to display lots of false signals then i could say the same thing about the footprint. When you say it allows you to enter before the laggers then i can accept that but what about putting a limit order 1 tick below the lowest peak or 1 tick above the highest peak at a valid area of supply/demand. I can't see a better way to get ahead of everybody else. Even the footprint user would envy your entry point

Here is an example that occured last Friday:

OK, this is on the boarder of being ridiculous. I clearly said that it comes to the individual trader's preference and that my preference is using the footprint. Using a 50 tick chart in Crude Oil is where I fail miserably at seeing any validity. That is so myopic, its crazy. But that's just my preference. If it works for you then, by all means continue to do so. Furthermore, the example you're showing is what I just got done saying is not an example of where using the footprint was able to get you in early. Please go back and re-read that piece.

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  #793 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Private Banker View Post
OK, this is on the boarder of being ridiculous...

That's the problem with this type of text communication. Did i upset you in one way or another?

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  #794 (permalink)
 greenr 
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trendisyourfriend View Post
That's the problem with this type of text communication. Did i upset you in one way or another?

Ah I doubt it

remember he is a specialised emotionless trading robot

" 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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  #795 (permalink)
 
Private Banker's Avatar
 Private Banker 
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trendisyourfriend View Post
That's the problem with this type of text communication. Did i upset you in one way or another?

Not at all. I was just stating my thoughts for a logistical perspective. What may work for one may not work for another. Ce n'est pas une probleme avec moi mon ami. Seulement une difference de pont de vue, n'est pas?

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  #796 (permalink)
 
Private Banker's Avatar
 Private Banker 
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greenr View Post
Ah I doubt it

remember he is a specialised emotionless trading robot

That's what I've heard, lol!

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  #797 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Private Banker View Post
Not at all. I was just stating my thoughts for a logistical perspective. What may work for one may not work for another. Ce n'est pas une probleme avec moi mon ami. Seulement une difference de pont de vue, n'est pas?

Phew! For a few seconds i thought i did a behavioral mistake.

Far from me the idea of shutting down our channel of communication after all i just want to walk in your footprint. That said i wish you a very nice evening. My spouse has just finished cooking a very nice meal.

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  #798 (permalink)
 
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 Private Banker 
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trendisyourfriend View Post
Phew! For a few seconds i thought i did a behavioral mistake.

Far from me the idea of shutting down our channel of communication after all i just want to walk in your footprint. That said i wish you a very nice evening. My spouse has just finished cooking a very nice meal.

Oh yeah, no way was I thinking that. No worries!

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  #799 (permalink)
 
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 bobarian 
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Private Banker View Post
Oh yeah, no way was I thinking that. No worries!

lol!! maybe PB should be for Pit Bull!

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  #800 (permalink)
 greenr 
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@Private Banker

Hey Ben

Do you now of any other videos / documentaries like this one

Floored: Into The [AUTOLINK]Pit[/AUTOLINK] - Epic Trader Movie! - YouTube

P.S evey one...watch this if you have not already. its intresting

thanks

Ryan

" 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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