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.

Recommended Posts

Thanks for the helpful charts N -- even though I don't trade the s&p, I learn from looking at your chart.

 

I do have one small request--the font that you type on the chart with is a little hard to read.. could you use something more commonly readable like arial?

Share this post


Link to post
Share on other sites
  TheNegotiator said:
Lol yeah okay. I think I need to make it a little bigger too. Any parts which you didn't get that I can post again?

 

Nope, I can read it, I just have to strain to do so :) Thanks buddy.

Share this post


Link to post
Share on other sites

A few more thoughts with an updated font size/type!

 

Anyone else have any views right now on any of the minis(or any other product for that matter)? Remember we're certainly not restricted to volume profiling on this thread if anyone else has some nice ideas.

Somerefsfortues.thumb.JPG.c892749400688c5cf61731c5d87ae841.JPG

Share this post


Link to post
Share on other sites

CL traded above yesterday's VA in globex, and is now searching for buyers inside the VA, at yesterday's POC, and VWAP. Just found support, will see if it's strong enough to hold (does not look like it to me at the moment but will wait to see. I will look to buy somewhere in that area if it dips again.

clprofile.PNG.7b2912a4d5b67a771eca6b0309edd64d.PNG

Share this post


Link to post
Share on other sites

Found good support at yesterday's VPOC, VWAP, close. I held a long briefly 2 ticks from the low at .76 but was shaken out... did not execute well, great premise, should still be long at this point.

clprofile.PNG.28dc521d0b59f38afbf5aa55844c9fae.PNG

Share this post


Link to post
Share on other sites

Bad luck- just don't take it into your next trade.

 

I wanted to show this example of how the middle low vol of a double distribution can be a good reference point- even if it did move back down subsequently, there was a 5/6 point move there.

5aa710a6345cb_decentreaction.thumb.JPG.ff1c59fb5c9412feb479115fe12c11c8.JPG

Share this post


Link to post
Share on other sites

Yeah, it's sometimes the way that when you get annoyed with yourself after getting out of a good trade you end up trading pretty irrationally. A strong reaction after a turn in a well considered area is something I doubt you'd normally want to fade right? I think there's value sometimes in setting yourself a "lockdown" period after a trade doesn't go so well. If you do this kind of thing regularly, it's worth trying at least.

Share this post


Link to post
Share on other sites
  TheNegotiator said:
Yeah, it's sometimes the way that when you get annoyed with yourself after getting out of a good trade you end up trading pretty irrationally. A strong reaction after a turn in a well considered area is something I doubt you'd normally want to fade right? I think there's value sometimes in setting yourself a "lockdown" period after a trade doesn't go so well. If you do this kind of thing regularly, it's worth trying at least.

 

The funny thing is, I took a long on a pullback to .21, but got out for a relatively small profit (20 ticks I think) because I expected a deeper retrace... nope, the market had other ideas! Even though I missed the first entry, getting in 50 ticks higher and holding a bit would have yielded a nice trade.

 

At any rate, just now I have a nice +41 tick trade, and calling it a day, so I'm considering myself fortunate that I live to see another day after trading so poorly.

Share this post


Link to post
Share on other sites
  TheNegotiator said:
We can't always trade brilliantly, but we can strive to maintain control and a clear head no matter what the outcome of an individual trade.

 

Excellent advice negotiator -- as someone said to me, "if you don't experience this kind of thing, you will never improve and get better" -- a level-headed approach I think. It's not that we want to mess up, but I think any seasoned trader has his fair share of stories involving mini-meltdowns and blowups and days that he'd like to forget. I think we just have to survive while improving. Blowing up and blowing an account is no good, but taking a few bonehead trades and learning from it while not losing much money can be valuable in the long run, if we change for the better from it.

Share this post


Link to post
Share on other sites

Well yesterday fitted in pretty nicely with the scenario of further distribution within the 3 day range, with there being 2 distributions again. Both had the bulk of the volume done at the extremes(although the lower was at close) so business is being down at either end. This isn't unsur[rising given fomc is today imo. An interesting point is though that the 14.50 is now a double top. Of course, this could be blown out at any time given news etc so we'll have to see what plays out.

 

Btw, when I say mirrored in the picture, I mean by the distribution boundaries not their shape.

wedsfomc.thumb.JPG.0388198e036bbc4d5cfbfe3fc78f629e.JPG

Share this post


Link to post
Share on other sites

What a day yesterday! I hope everyone did okay. The astute will have noticed the 4 day balance was effectively a doji and this was not really that surprising given that the FOMC announcement was due. A break down from the balance was followed by an attempt to get back into it. However, when this failed the resulting move down was substantial although not surprising either. Anyway more overnight selling looks to me like we want to explore whether value is to be found at the lower high volume in the distribution.

 

Any thoughts guys?

FOMCAftermath.thumb.JPG.b5a34f2c41c58a3fdafd0f861d5c2125.JPG

Share this post


Link to post
Share on other sites

The first chart is a 15m crude chart. The colored profile to the left is from globex open up until the pit open at 9am. After the pit opened it dropped further below as you can see. When it came back up, sellers tried to sell it off again from the middle of the lower balance area. However, buyers strongly pushed it up into the second. It stopped right at the POC of the balance (well within 5 ticks anyway, crude doesn't just stop at .15 without going to .20), and came tumbling back down.

 

The second chart shows a profile of the move down. After a retracement back up, the second chart shows where sellers felt was a good value to sell at--the concentration of volume of the entire move down from the top. My premise was to short .25 which was a very high volume price, but after it broke north of this I was a bit scared off and didn't take the short. Either way, I love how profiling maps the market.

clprofile.thumb.PNG.6ce7181e59bf762468427fb3b65d72cf.PNG

clprofile2.thumb.PNG.3425a18f9d45909b39f63fbb8f5227f8.PNG

Share this post


Link to post
Share on other sites

First chart I noticed it checked the lower distribution before it made new lows. Fading as it moved towards the 25s would've been a nice little trade but when it didn't sell off after failing on a 2nd attempt, I'd have been getting out. Interestingly though, the 25s vpoc wasn't produced by price acceptance as such. Looks to me like a battle which someone lost and probably had already covered when it sold off. The price acceptance was in the area you highlighted around 81.40 I'm guessing just looking at the chart and this is where it tested before moving down again. Just a note on entries around high volume, markets don't always turn on a dime from the peak price. Remember it's an area of acceptance. It also depends how it's approached and how fat(volume-wise)/narrow(range-wise) the area is.

Share this post


Link to post
Share on other sites
  TheNegotiator said:
Just a note on entries around high volume, markets don't always turn on a dime from the peak price. Remember it's an area of acceptance. It also depends how it's approached and how fat(volume-wise)/narrow(range-wise) the area is.

 

Thanks N--could you elaborate a little on your last sentence?

Share this post


Link to post
Share on other sites

High volume areas are where previous value was being found with both buyers and sellers present. If the market say quickly approaches an area which is quite wide with many high volume prices, if it does stop, as there was less agreement before on value, there is no reason for me to think it will definitely stop on the price with slightly higher volume. There's good reason however for me to think it'll stop in that area. But I wouldn't be standing in the way of the price anyway. Gotta see what happens when it gets there.

Share this post


Link to post
Share on other sites
  joshdance said:
Here is today's profile so far from globex open until 8:23am. Balance at the top and bottom, and vacuum in between. Is this pretty much what you see? Sometimes price will go fill in that vacancy.

 

Can you post that definition?

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.


  • Similar Content

    • By Quantower
      The main goal of this thread is to show what Power Trades is and how it works in different markets. We will show some patterns on the ES and NQ futures, as well as discuss possible improvements to this functionality.
      What is Power Trades?
      Ok, first we will consider what the Power Trades is and how it finds zones.
      Power Trades shows the zones with the execution of a large number of orders in a very short time, which will affect the price change with a high probability.
      Here are a few examples of how it looks like


      How it finds zones?
      There is a continuous process of placing, changing and executing orders in the market. All this affects the price change and the expectations of traders regarding the future price.
      When a large order appears at a certain level, the price is more likely to come to this order and it will be executed because the market is always looking for levels with liquidity. This already applies to the order flow and the mechanics of orders matching, so we will omit the principles on which the orders are matched.
      It is only important to understand that "abnormal events" occur in the market at certain times. Execution of a significant volume of orders in a very short time is one of such events.
      The Power Trades Scanner has several important settings that directly affect the results:

      Total Volume — the minimum value of the volume that should be traded during the specified time interval
      Time Interval, sec — the time over which the Total Volume should be traded
      Basis Volume Interval, sec — this parameter shows how much % took the traded volume in the total volume for the specified time.
      Zone Height, ticks — this parameter will show only those zones where the height is less than or equal to the specified value (in ticks).
      Level2 level count — the number of levels that are involved in the calculation of Imbalance and the Level 2 Ratio column in the table of results.
      Filter by Delta,% — the parameter will show zones that have a delta value greater than or equal to that specified in the setting. The value must be specified by the module, so the table will show both positive and negative delta values. We recommend paying attention to the zones with the delta above 50% (taking into account the specifics of each trading instrument).
      For example, let's set the Total Volume of 2000 contracts and Time Interval in 3 seconds on the E-mini SP500 futures. This means that the scan will be based on the available history and will show on the chart only those zones that have such a volume for the specified time.

      Additionally, it is worth to set a delta value to filter out the zones with one-side trades. The more delta value, the high probability that the price will reverse.

      So, as a starting point about this scanner, I think this information will be enough
    • By makuchaku
      Hi everyone,
      This is my maiden analysis using volume profile - so please don't hesitate to share your feedback.
      As per the attached analysis, I think that SPY is primed for a short - for many reasons
      - Multiple strong rejection of long positions exist at Resistance R1 and R2 : seems like sellers defending their positions
      - Very strong short volume seen at R2 : further signifying sellers who are ready at that level
      However, once the price reaches Support S1, there seems to be a strong buying sentiment which has rejected previous shorts. You can see trading ranges & pullbacks to S1 where buyers and sellers seem to agree on a price range, often leading to a buyer dominance.
      What do you think?

    • By TraderJoe
      Hey All,
      does anyone sell Volume Profile Indicator for NT8.
       
      Regards
  • Topics

  • Posts

    • In Italy, I saw many of our brothers from different parts of Africa, sleeping and living in the park, the weather was very cold and its obvious that they were looked down upon. It made me want to cry and several questions overwhelmed my heart.   Is it not better to remain in Africa than to be homeless in this freezing cold weather?   I wish I have all the money in the world to rescue them...   Is this the reason why our skin color is looked down upon?   Do our government officials see this sight when they also travel outside of the country...does it hurt them or pain them like it pained me? By Frank Abah, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • ELV Elevance Health stock, watch for an upside gap breakout at https://stockconsultant.com/?ELV
    • ORLY OReilly Automotive stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?ORLY
    • Date: 28th March 2025.   Market Selloff Deepens as Tariff Concerns Weigh on Investors     Global stock markets extended their losing streak for a third day as concerns over looming US tariffs and an escalating trade war dampened investor sentiment. The flight to safety saw gold prices surge to a record high, underscoring growing risk aversion. Stock Selloff Intensifies The MSCI World Index recorded its longest losing streak in a month, while Asian equities saw their sharpest decline since late February. US and European stock futures also signalled potential weakness, while cryptocurrency markets retreated and bond yields edged lower. Investors are scaling back their exposure ahead of President Donald Trump’s expected announcement of ‘reciprocal tariffs’ on April 2. His latest move to impose a 25% levy on all foreign-made automobiles has sparked fresh concerns over inflation and economic growth, prompting traders to reassess their strategies. Investor Strategies Shift Market experts are adjusting their portfolios in anticipation of heightened volatility. ‘It’s impossible to predict Trump’s next move,’ said Xin-Yao Ng of Aberdeen Investments. ‘Our focus is on companies that are less vulnerable to tariff policies while taking advantage of market dips to find value opportunities.’ Yield Curve Signals Economic Concerns In the bond market, the spread between 30-year and 5-year US Treasury yields widened to its highest level since early 2022. Investors are bracing for potential Federal Reserve rate cuts if economic growth slows further. Long-term Treasury yields hit a one-month peak as inflation risks tied to tariffs spurred demand for higher-yielding assets. Boston Fed President Susan Collins noted that while tariffs may contribute to short-term price increases, their long-term effects remain uncertain. Gold Hits Record High as Safe-Haven Demand Rises Amid market turbulence, gold prices soared 0.7% on Friday, reaching an all-time high of $3,077.60 per ounce. Major banks have raised their price targets for the precious metal, with Goldman Sachs now forecasting gold to hit $3,300 per ounce by year-end. Looking Ahead As investors digest economic data showing US growth acceleration in Q4, attention will turn to Friday’s release of the personal consumption expenditures (PCE) price index—the Federal Reserve’s preferred inflation measure. This data will be critical in shaping expectations for future Fed policy moves. With markets on edge and trade tensions escalating, investors will closely monitor upcoming developments, particularly Trump’s tariff announcement next week, which could further dictate market direction.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Crypto hype is everywhere since it also making new riches as well, i however trade crypto little as compared to other forex trading pairs.
×
×
  • Create New...

Important Information

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