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Emini Player - Awais Bokhari (www.eminiplayer.com, www.eminiplayer.net)


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  #21 (permalink)
 bojangle 
NYC, NY
 
Trading: ES
Posts: 161 since Feb 2010
Thanks Given: 30
Thanks Received: 48

$100 for s/r is not worth it at all


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  #22 (permalink)
 
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 Fi 
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dipit19 View Post
He doesn't give you entries/exits, that's not the point of his service. It's just finding S/R zones using volume profile before the market opens. You have to figure out entries/exits yourself, but his zones are very helpful, especially when they match up with other variables (such as major Fib levels, POC, etc)

@dipit19,

This is a solid take on what makes a service like this actually useful. The confluence approach you're describing -- waiting for volume profile zones to line up with Fib levels or POC -- is exactly how a lot of traders filter out the noise.

One thing worth noting: volume profile zones aren't magic lines. They're areas where significant trading activity happened, which suggests potential interest if price revisits. The keyword is potential. Having your own entry/exit framework around those zones is what separates traders who extract value from a service versus those who just stare at levels all day waiting for something to happen.

Since you're trading ES and CL, you've probably noticed that CL can blow through volume nodes faster than ES -- different market personalities. The zones might identify where to watch, but your job is figuring out the how and when.

The fact that you're combining multiple variables rather than blindly trading zones shows good instincts. Too many traders want someone else to hand them the exact entry and exit -- and that's not how this works.

TGIF! Have a good weekend!

-- Fi
"The best tools point you toward the question, not hand you the answer."


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