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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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  #831 (permalink)
 
philipp's Avatar
 philipp 
zürich/ switzerland
 
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greenr View Post
@philipp

Here....let me know if there are any problems


no probs at all. thanks for sharing

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  #832 (permalink)
 greenr 
london/england
 
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Hoping to see a huge sell off into the close

and deeper test of yesterdays range

were clearly are not going higher and we have got to make up for this weeks horrid price action!




" 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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  #833 (permalink)
 greenr 
london/england
 
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greenr View Post
Hoping to see a huge sell off into the close

and deeper test of yesterdays range

were clearly are not going higher and we have got to make up for this weeks horrid price action!

Attachment 101705

Attachment 101703

Well was expecting some thing a little more explosive than that......

We tested this weeks Vwap to the tick at 57`s........


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  #834 (permalink)
 greenr 
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What a pile of poo!



very frustrating week here

" 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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  #835 (permalink)
 greenr 
london/england
 
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Trying to short IB highs here



We have ETH vwap above us as confluance @ $95.62`s



We also have a open Gap below us that we could try and close today


" 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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  #836 (permalink)
 
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 Brutus 
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nearing 2x IB extension & Mondays LOD with oil inventories in a bit.

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  #837 (permalink)
 greenr 
london/england
 
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Today in hindsight was simple and i screwed it up completely....

We opened up way out of balance...way out of value

We had no reference point to work with basically openeing up in no mans land

The ON session was out of balance and we saw a large move down


1. On the open we had no sellers respond and buyer started to step in holding ETH Vwap value lows

2. We now had a ref point to work with using "A" period as excess lows

3. I should have been long in "B" period. We were back in ETH value and RTH vwap was holing on the pull back
in "B" period

4. We broke though ETH vwap were we saw more buying and we were out of RTH value inbalanced

5. A trend up day is unfolding with a test of mondays porfile and im sure yesterdays low of day is in the picture now


" 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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  #838 (permalink)
 
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 Private Banker 
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Here's my take on what we have today. We opened way out of balance/range (OAOR). These tend to provide great opportunities if you know how to approach them correctly.

So we opened down in the single prints area from sessions past and right away knew we would move out from here based on that (single prints) information. That's really our only reference which was probably why we had a slow start to the day.



The next step is to examine what the ON session is doing. It was in a state of imbalance per the value. But we immediately came back into value at the open. You can see by the order flow that the market was attracting responsive buyers at the open. All you needed to do beyond that point was work with the developing value to find your trade location.





These can be tough days to understand but they can provide huge opportunity which as we can see is precisely what is happening. A nice change from yesterday's garbage. One thing I did notice about yesterday was there was heavy put activity. Can't say that we're seeing the results of that but definitely interesting.

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  #839 (permalink)
Frank R
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Private Banker, what is the significance of 1600 tick? Reading the MP literature they recommend this tick level, but give no reason as to why.

If you have gone over this before I apologize, and I will look through your previous posts for more insight.

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  #840 (permalink)
 
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 Private Banker 
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Wow, that was a nice move there. Covered my runner at yesterday's POC. It just made sense that we move to that point based on all the time the market spent there yesterday. That more than made up for yesterday's session.

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