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  #201 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
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Trading: Futures
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  #202 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 715 since May 2012
Thanks Given: 877
Thanks Received: 1,270

1. Price—advertises opportunity; there’s a clear distinction between price and value.
2. Time—regulates all advertised opportunities.
3. Volume—measures the success or failure of these advertised opportunities.

"The concept of 'VALUE TRANSITION' is one of the most important topic on the Auction Theory. The work of a Profile Trader is to figure out a potential change on value perception, if the price is acceptable (acceptance) or rejected (rejection). 'Price always precedes Value', the price is the announcement of the change of value, but its acceptance in a new level of perceived value must be confirmed with the volume. Price is Advertisement, Volume is Confirmation." -Verniman


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  #203 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 715 since May 2012
Thanks Given: 877
Thanks Received: 1,270


Here's where I live.

Mushroom_Village


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  #204 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 715 since May 2012
Thanks Given: 877
Thanks Received: 1,270

Price closes above a 5 SMA for 7+ bars. The first close on the opposite side sets up a Buying opportunity (Linda Raschke).

240131_CL_Daily


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  #205 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 715 since May 2012
Thanks Given: 877
Thanks Received: 1,270

It's true.

"I always say that you could publish trading rules in the newspaper and no one would follow them. The key is consistency and discipline. Almost anybody can make up a list of rules that are 80 percent as good as what we taught people. What they couldn’t do is give them the confidence to stick to those rules even when things are going bad."

- Richard Dennis


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  #206 (permalink)
lightsun47
Toronto, Canada
 
Posts: 438 since May 2018
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Miesto View Post
Next week is FOMC. Do you have a plan yet? Here is one.

How it went today at FOMC?


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  #207 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
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Trading: Futures
Posts: 715 since May 2012
Thanks Given: 877
Thanks Received: 1,270


lightsun47 View Post
How it went today at FOMC?

Not bad I think. Anybody else traded FOMC?


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  #208 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
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Trading: Futures
Posts: 715 since May 2012
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Thanks Received: 1,270

Nice reversal at YL in CL, stopping volume (absorption), divergence, consolidation (accumulation), breakout and pullback. Long on 1st cross buy for 2x 20t scalp.


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  #209 (permalink)
 Miesto 
Monte Carlo, Monaco
Market Wizard
 
Experience: Advanced
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Trading: Futures
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Thanks Received: 1,270

Just learned about the optimal portfolio equation for futures contracts. Good to know.

Optimal_portfolio_equation


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  #210 (permalink)
 
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 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,174 since Jan 2013
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Miesto View Post
Just learned about the optimal portfolio equation for futures contracts. Good to know.

Optimal_portfolio_equation

Heh.

Bob.


When one door closes, another opens.
-- Cervantes, Don Quixote
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