Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

TinGull

YM Analysis

By TinGull, in Market Profile

Recommended Posts

TinGull    10

TinGull
Posted

I'll try one :)

 

Here's the volume for the past 10 days on the continuous YM symbol. Now, keep in mind the last few days have been on the new contract, so it's a little skewed, but you can see how things are developing.

 

12412 is a the highest volume area. Lots of traffic there. Where there is lots of volume or little volume, expect those to be area that have a high probability of a turnaround. 409 also happens to the POC for today...So we'll be looking for a retracement down there.

 

12355-65 area was showing very little traffic. IF we were to get there, I'd look for a reversal there. Price has been rejected there. Why? Who knows...it just was.

 

For today, I'll be looking to buy a retracement to 425 area which is the VAH. Things are VERY strong premarket, and so far it's looking like the gap could hold. So, I'm looking for a small deflation of price to value of yesterday, and we should reject that to find a new value in the markets, higher than yesterday.

5aa70dbb6c2bf_Picture1.thumb.png.52ecf77772c1cc16599370c8232fc093.png

5aa70dbb72d9c_Picture2.png.e9eb7ad6dc9d6e8cf453ca7d685cd560.png

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
Go To Topic Listing
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept