traderbong

I just realized that cisco-futures' tpo time period is totally customizable. I was scratching my head wondering why would someone use those particular period tpo. It turn out that default time period they used was that. :rolleyes:

Hi Guys, I was going thru cisco-futures's market profiles and noticed that they calculate MP levels based on different time period. Their TPO period starts from 7:00am till 4:30pm(central). Obviously this will be result quiet different MP levels even though the volumes on those pre/after market activities are usually low. For those of you who are taking cisco-futures' class, any comments are appreciated. For those of you who are following MOM, what you guys think... Thanks, Sample: +-------------------------------------+ | OHLC Bars (30 minute) | +-------------------------------------+ Period TPO Time Ticks First High Low Last Hi Time Lo Time ------ --- --------- ----- ----- ---- --- ---- -------- -------- 1 Z 0700-0730 69 12646 12650 12637 12637 07:12:31 07:29:31 2 $ 0730-0800 139 12636 12638 12624 12625 07:31:01 07:52:12 3 A 0800-0830 154 12626 12635 12615 12618 08:10:38 08:28:03 4 B 0830-0900 830 12619 12637 12611 12624 08:47:01 08:31:28 5 C 0900-0930 701 12623 12629 12597 12612 09:00:59 09:10:10 6 D 0930-1000 439 12611 12618 12592 12596 09:31:36 09:58:30 7 E 1000-1030 474 12595 12612 12594 12603 10:19:45 10:00:07 8 F 1030-1100 338 12604 12619 12604 12613 10:57:30 10:30:09 9 G 1100-1130 164 12611 12616 12608 12615 11:28:56 11:21:07 10 H 1130-1200 430 12616 12624 12597 12606 11:31:42 11:53:55 11 I 1200-1230 250 12607 12611 12598 12604 12:05:11 12:13:39 12 J 1230-1300 249 12605 12608 12595 12606 12:33:30 12:50:08 13 K 1300-1330 361 12605 12623 12601 12612 13:23:45 13:02:00 14 L 1330-1400 379 12615 12628 12614 12619 13:47:03 13:30:10 15 M 1400-1430 288 12618 12627 12616 12624 14:13:45 14:00:56 16 N 1430-1500 428 12625 12637 12617 12632 14:59:37 14:31:08 17 O 1500-1530 269 12631 12637 12626 12630 15:10:24 15:14:21 18 a 1530-1600 61 12631 12632 12623 12630 15:30:06 15:43:26 19 b 1600-1630 1 12628 12628 12628 12628 16:02:35 16:02:35 ----- Total 6024 +----------------------------------------------------+ | Meta-Profile Reference Points | +----------------------------------------------------+ Commodity YM (MINI DJ 5 (CBOT)A/C/E) Delivery Month H Start 07:00 Stop 24:00 Count of Ticks 6024 Upper Value Area 12630 Lower Value Area 12602 Point Of Control 12618 Upper Initial Balance 12650 Lower Initial Balance 12624 Upper Range Extension 0 Lower Range Extension 12623 Volatility (Trd Frac) 16.4 Trading Fraction 100 Trade Facil Factor 5.61 TPOs above POC 137 TPOs below POC 170 Total TPOs 317

Great stuff. As always, thanks for sharing James.

Thanks Reaver. Good to hear you are happy with the course. I plan to take the course sometime in the future. Totally, Im learning alot from the forum and ppl at the chat room in the morning(James,Tinguil,MrPaul.Torero...) Looking forward to discuss about the course sometime in the future.

Happy holidays everyone! Special thanks to Soultrader for great reading/video materials and many thanks to all the people that are involved and contributing. Im excited and looking forward to trade with you guys in 2007.

James, Really enjoyed the video. I usually dont look at the tapes but I am thinking to learn and incorporate it into my trading. Thank much.

I will definitely keep on eye on this too. Thanks soultrader:D

Great, I will mark that book for my next to read... Thanks,

Thanks for warm welcome Soultrader and MrPaul !

Tin, I read the book as well. Great book ! My favor Quote is " anything can happen ! at any give moment" This helped me to become more patient trader where I let the trade come to me instead of chasing it. Steve.

Hello, I live in san jose california.I have been swing trading equity and daytrading YM for last six months. I mostly concentrate on trading YM nowdays. I trade base on price action around MP and daily pivot points. Current trading platform: IB,Ensign and bracket trader Trading methods: 1)Price action 2)Pivot points,Channels, Fib lvls 3)Market profile (Mind of market,cisco-futures's free reading) *** Considering to take cisco-futures's short course. If anyone has taken this course, any feedback is much appreciated.