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

Anyone else take the long @VPOC/VWAP/Low Vol there?

 

I'm long 96.00 area...not the best location... I was waiting to see a test of 94.00 on the rotation we got to 94.50/// SO I'm in...

 

I'm going to scale in front of single & yest mid-point @ 1401.00 ish & then target gap fill

 

If this thing shows any energy I ""might" add on rotations if it doesn't get too far along to the potential targets//

 

Otherwise ..

 

BTW: I see flags everywhere.. 15m

 

Edit:

I am not crazy about the 94.00 - 94.50 area..that is where I actually would have preferred getting long... on a stop picking run... so that, unless we breakout here is still a rotation risk, imho... so I may add there to reduce my average or just suck it up... my risk on this one is a bit out of line but I'm pretty confident in my levels - until they get broken... :helloooo:

Edited by roztom

Share this post


Link to post
Share on other sites

Yeah, those buyers had better start getting free and easy though soon. Can see plenty of reason to get up there yet if it doesn't - look out below!!

 

Not breaking up though is not the same as breaking down :crap:

Share this post


Link to post
Share on other sites
Yeah, those buyers had better start getting free and easy though soon. Can see plenty of reason to get up there yet if it doesn't - look out below!!

 

Not breaking up though is not the same as breaking down :crap:

 

I edited my last post... :crap:

Share this post


Link to post
Share on other sites
Press the big green buy button please

 

Not fair..I already donated to the FLoor Traders Retirement Fund...maybe we should start a thread: BUYERS WANTED - ES at reduced prices.... :rofl:

Share this post


Link to post
Share on other sites

MP efficinados say that the prev days VAL 97.75 is resistence to this upmove and that we have to penetrate the VA to go higher... Also yesterdays open is right there so it might rotate from there... The key landmark/ initial obstacle to me is yest open, not the VA...

 

If we get past the open then we will be on the open road up the mountain... What is logical here, IMHO is that we rotate a bit..this will test the longs...

 

If I see the "Right Stuff" I may add.. if it fails :doh:

Share this post


Link to post
Share on other sites
MP efficinados say that the prev days VAL 97.75 is resistence to this upmove and that we have to penetrate the VA to go higher...

 

True although I'm not a fan of "value" when it looks like it does here. On the other hand, it is the same area as yest open and single prints.

Share this post


Link to post
Share on other sites
True although I'm not a fan of "value" when it looks like it does here. On the other hand, it is the same area as yest open and single prints.

 

My flags measuring objective is 1401 ish which is that single...so that may be where I jettison my load... assuming I don't get dumped first..

 

We could still get to that 94 - 94.50 area on rotation so that is going to be my concern on this trade until we resolve it... or show some more energy going up so we can rotate to higher swing lows...

Share this post


Link to post
Share on other sites

Looking at the orofile from yesterday... 1402.50 is an obsacle then close 1404.00 & NVPOC 1405.50...If for some reason we get up there we could even test that bad high from yesterday but I am not going to hang out for all of that...

 

BTW I have a CLVN @ 1405.50 so that might also come into play... :2c:

Share this post


Link to post
Share on other sites
It's all coming to a head now. Got to do something soon, right?

 

It's YOUR turn to push the green button...:rofl:

 

Josh: Maybe you can push the green button? :confused:

Edited by roztom

Share this post


Link to post
Share on other sites
It's YOUR turn to push the green button...:rofl:

 

Josh: Maybe you can push the green button? :confused:

 

lol -- Tom, I have already pushed the green button and am probably not going to do so until near the close. I had a beauty of a trade this morning, I bought 92, one tick from the low, exited a bit early, but got back in and have had a stellar morning. I have that dangerous feeling where it's like the market has been going where I send it in my mind. Joking about this, but it has been one of those days. Took 1 tick of heat on each of the two trades, it simply doesn't get any better feeling than that. I had my level at 92 to watch, the volume poured in, tried to break down, weaker volume and couldn't push it, and off it went north. My mistake was the early exit, as my target was somewhere between 98 and 00. But, I did get back in.

 

If anyone's wondering, I had two areas to look to buy: 93.75-94.25, and 92.00-92.50. The bids stopped it cold at 92... I would not have randomly bought there if I had not already been watching it like a hawk, and if the volume/tape didn't support it. Both aligned, and it was a good opportunity. As always a bit of luck too, as anything can happen, but luck earned in this case I think.

 

BTW, earlier I simply meant that you spelled Linn "Lind" ... call him Bill or Dr. Linn or Buddy Joe if you like ;-)

Share this post


Link to post
Share on other sites

I think I'm Hullucinating flags... I find the 15m bars work very well for me to easily see where the rotation extremes might be.. Also they clear the clutter out from my view of range & tic charts I use..

 

The 15m are very clear to see triangles/flags .. If you think about it the pennent is pretty much a triangle or coil which will build energy for a directional move...as long as the pennent doesn't get out of shape they are pretty good.. today's looks good so far evenrthough we are overlapping now in a trading range...this is when the rotations become probable, imho... got to pick those stops below - "easy money"... :confused:

Share this post


Link to post
Share on other sites
lol -- Tom, I have already pushed the green button and am probably not going to do so until near the close. I had a beauty of a trade this morning, I bought 92, one tick from the low, exited a bit early, but got back in and have had a stellar morning. I have that dangerous feeling where it's like the market has been going where I send it in my mind. Joking about this, but it has been one of those days. Took 1 tick of heat on each of the two trades, it simply doesn't get any better feeling than that. I had my level at 92 to watch, the volume poured in, tried to break down, weaker volume and couldn't push it, and off it went north. My mistake was the early exit, as my target was somewhere between 98 and 00. But, I did get back in.

 

BTW, earlier I simply meant that you spelled Linn "Lind" ... call him Bill or Dr. Linn or Buddy Joe if you like ;-)

 

Nice work Josh.. I'm glad somebody is ringing the register... I'm still waiting: The market said "my check is in the mail.." :confused:

 

BTW: Here is the rotation.. GRRR :crap:

Share this post


Link to post
Share on other sites

BTW: This is when my floor trader buddy laughs at me..

 

I had 2 pts in my longs which are now under water and he would have grabbed most of that 2 pts on his 20 or 50 lot whatever he put on... & then repositioned for another rotation if it set up for him...

 

I have run numbers and it is true that as the targets go out the probabilities go down however...when I trade like him my costs are so much higher the costs kill me... He keeps telling to lease a membership so I can trade like him but my brain is too slow for that level of continouus focus..

 

BTW: He owns one of those fast Cigarette boats and owns several race cars -Type "A" personality... he stands at a podium when he trades... He has a warehouse where he has the largest monitors available up on the walls 54" or something... 6 of them and the fastest technology. He also has a fulltime assistant to handle his orders, etc...

 

He is a VP guy also...

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

    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • Hello citizens of the U.S. The hundred year trade war has leaked over into a trading war. Your equity holdings are under attack by huge sovereign funds shorting relentlessly... running basically the opposite of  PPT operations.  As an American you are blessed to be totally responsible for your own assets - the govt won’t and can’t take care of you, your lame ass whuss ‘retail’ fund managers go catatonic  and can't / won’t help you, etc etc.... If you’re going to hold your positions, it’s on you to hedge your holdings.   Don’t blame Trump, don’t blame the system, don’t even blame the ‘enemies’ - ie don’t blame period.  Just occupy the freedom and responsibility you have and act.  The only mistake ‘Trump’ made so far was not to warn you more explicitly and remind you of your options to hedge weeks ago.   FWIW when Trump got elected... I also failed to explicitly remind you... just sayin’
    • Date: 7th April 2025.   Asian Markets Plunge as US-China Trade War Escalates; Wall Street Futures Signal Further Turmoil.   Global financial markets extended last week’s massive sell-off as tensions between the US and its major trading partners deepened, rattling investors and prompting sharp declines across equities, commodities, and currencies. The fallout from President Trump’s sweeping new tariff measures continued to spread, raising fears of a full-blown trade war and economic recession.   Asian stock markets plunged on Monday, extending a global market rout fueled by rising tensions between the US and China. The latest wave of aggressive tariffs and retaliatory measures has unnerved investors worldwide, triggering sharp sell-offs across the Asia-Pacific region.   Asian equities led the global rout on Monday, with dramatic losses seen across the region. Japan’s Nikkei 225 index tumbled more than 8% shortly after the open, while the broader Topix fell over 6.5%, recovering only slightly from steeper losses. In mainland China, the Shanghai Composite sank 6.7%, and the blue-chip CSI300 dropped 7.5% as markets reopened following a public holiday. Hong Kong’s Hang Seng Index opened more than 9% lower, reflecting deep concerns about escalating trade tensions.           South Korea’s Kospi dropped 4.8%, triggering a circuit breaker designed to curb panic selling. Taiwan’s Taiex index collapsed by nearly 10%, with major tech exporters like TSMC and Foxconn hitting circuit breaker limits after each fell close to 10%. Meanwhile, Australia’s ASX 200 shed as much as 6.3%, and New Zealand’s NZX 50 lost over 3.5%.   Despite the escalation, Beijing has adopted a measured tone. Chinese officials urged investors not to panic and assured markets that the country has the tools to mitigate economic shocks. At the same time, they left the door open for renewed trade talks, though no specific timeline has been set.   US Stock Futures Plunge Ahead of Monday Open   US stock futures pointed to another brutal day on Wall Street. Futures tied to the S&P 500 dropped over 3%, Nasdaq futures sank 4%, and Dow Jones futures lost 2.5%—equivalent to nearly 1,000 points. The Nasdaq Composite officially entered a bear market on Friday, down more than 20% from its recent highs, while the S&P 500 is nearing bear territory. The Dow closed last week in correction. Oil prices followed suit, with WTI crude dropping over 4% to $59.49 per barrel—its lowest since April 2021.   Wall Street closed last week in disarray, erasing more than $5 trillion in value amid fears of an all-out trade war. The Nasdaq Composite officially entered a bear market on Friday, sinking more than 20% from its recent peak. The S&P 500 is approaching bear territory, and the Dow Jones Industrial Average has slipped firmly into correction territory.   German Banks Hit Hard Amid Escalating Trade Tensions   German banking stocks were among the worst hit in Europe. Shares of Commerzbank and Deutsche Bank plunged between 9.5% and 10.3% during early Frankfurt trading, compounding Friday’s steep losses. Fears over a global trade war and looming recession are severely impacting the financial sector, particularly export-driven economies like Germany.   Eurozone Growth at Risk   Eurozone officials are bracing for economic fallout, with Greek central bank governor Yannis Stournaras warning that Trump’s tariff policy could reduce eurozone GDP by up to 1%. The EU is preparing retaliatory tariffs on $28 billion worth of American goods—ranging from steel and aluminium to consumer products like dental floss and luxury jewellery.   Starting Wednesday, the US is expected to impose 25% tariffs on key EU exports, with Brussels ready to respond with its own 20% levies on nearly all remaining American imports.   UK Faces £22 Billion Economic Blow   In the UK, fresh research from KPMG revealed that the British economy could shrink by £21.6 billion by 2027 due to US-imposed tariffs. The analysis points to a 0.8% dip in economic output over the next two years, undermining Chancellor Rachel Reeves’ growth agenda. The report also warned of additional fiscal pressure that may lead to future tax increases and public spending cuts.   Wall Street Braces for Recession   Goldman Sachs revised its US recession probability to 45% within the next year, citing tighter financial conditions and rising policy uncertainty. This marks a sharp jump from the 35% risk estimated just last month—and more than double January’s 20% projection. J.P. Morgan issued a bleaker outlook, now forecasting a 60% chance of recession both in the US and globally.   Global Leaders Respond as Trade Tensions Deepen   The dramatic market sell-off was triggered by China’s sweeping retaliation to a new round of US tariffs, which included a 34% levy on all American imports. Beijing’s state-run People’s Daily released a defiant statement, asserting that China has the tools and resilience to withstand economic pressure from Washington. ‘We’ve built up experience after years of trade conflict and are prepared with a full arsenal of countermeasures,’ it stated.   Around the world, policymakers are responding to the growing threat of a trade-led economic slowdown. Japanese Prime Minister Shigeru Ishiba announced plans to appeal directly to Washington and push for tariff relief, following the US administration’s decision to impose a blanket 24% tariff on Japanese imports. He aims to visit the US soon to present Japan’s case as a fair trade partner.   In Taiwan, President Lai Ching-te said his administration would work closely with Washington to remove trade barriers and increase purchases of American goods in an effort to reduce the bilateral trade deficit. The island's defence ministry has also submitted a new list of US military procurements to highlight its strategic partnership.   Economists and strategists are warning of deeper economic consequences. Ronald Temple, chief market strategist at Lazard, said the scale and speed of these tariffs could result in far more severe damage than previously anticipated. ‘This isn’t just a bilateral conflict anymore — more countries are likely to respond in the coming weeks,’ he noted.   Analysts at Barclays cautioned that smaller Asian economies, such as Singapore and South Korea, may face challenges in negotiating with Washington and are already adjusting their economic growth forecasts downward in response to the unfolding trade crisis.           Oil Prices Sink on Demand Concerns   Crude oil continued its sharp slide on Monday, driven by recession fears and weakened global demand. Brent fell 3.9% to $63.04 a barrel, while WTI plunged over 4% to $59.49—both benchmarks marking weekly losses exceeding 10%. Analysts say inflationary pressures and slowing economic activity may drag demand down, even though energy imports were excluded from the latest round of tariffs.   Vandana Hari of Vanda Insights noted, ‘The market is struggling to find a bottom. Until there’s a clear signal from Trump that calms recession fears, crude prices will remain under pressure.’   OPEC+ Adds Further Pressure with Output Hike   Bearish sentiment intensified after OPEC+ announced it would boost production by 411,000 barrels per day in May, far surpassing the expected 135,000 bpd. The alliance called on overproducing nations to submit compensation plans by April 15. Analysts fear this surprise move could undo years of supply discipline and weigh further on already fragile oil markets.   Global political risks also flared over the weekend. Iran rejected US proposals for direct nuclear negotiations and warned of potential military action. Meanwhile, Russia claimed fresh territorial gains in Ukraine’s Sumy region and ramped up attacks on surrounding areas—further darkening the outlook for markets.   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.
    • AMZN Amazon stock watch, good buying (+313%) toi hold onto the 173.32 support area at https://stockconsultant.com/?AMZN
×
×
  • Create New...

Important Information

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