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

Scaled off 1/2 at 87.25, let's see now...

 

Shorted at 87. I'm not quite as brave to try for 81, so I'm shooting for 84 as a good cover point, then wait to re-enter long.

 

CYP

Share this post


Link to post
Share on other sites

COming up for air...Shorted 90.00 after 3 unsuccessful attempts for small losses...covered 3/4 85.50 just before CHVN @ 85.00 holding rest for potential 83.50... CLVN 83.00

 

Need ambulance...

Share this post


Link to post
Share on other sites
Shorted at 87. I'm not quite as brave to try for 81, so I'm shooting for 84 as a good cover point, then wait to re-enter long.

 

CYP

 

Nice job CYP, my stop is 86 on my short as I don't want to give up more than that..

Share this post


Link to post
Share on other sites
Looks like you could get you 81's here Josh!

 

 

I actually just covered 83.75, as we are getting to "that" time of day, Draghi speaking soon, and heavy volume entered here, plus I have to leave the house in 30 minutes and I'd rather just be flat... but 81 seems quite possible still...

Share this post


Link to post
Share on other sites

BTW: As far as going long, I don't know if any of you did but CLVN @ 83.00 which has shifted to 82.50 "might" be it for the downside - since all the easy paper has been cleared out IMHO... and the range is pretty strung out...

 

I am not advocating a long here - just if I had the stones I'd look at it...but my style is to let someone else go in first and then after it proves itself go for a continuation trade..

 

Not saying this is the bottom of course...I am clueless... :2c:

Share this post


Link to post
Share on other sites
I may be a bit off as it gets hard for me to tell around now, but I expect a rotation up to 87s or so before we go much (if at all) lower.

 

It will be interesting to see if a double distribution develops here..it might set up a rotational scalping opportunity in the direction of the RE..not what I do - requires too much focus and this range is not large enough for the risk - just me..

Share this post


Link to post
Share on other sites
Nice job CYP, my stop is 86 on my short as I don't want to give up more than that..

 

Thanks Josh - got my 84...now, waiting...congrats on your 4 pts.

 

Anyone else seeing a possible surge back up towards 87/88 level before resuming downtrend? It'll be interesting to see if 81 happens?

 

CYP

 

Edit: Looks like Josh already beat me to the punch in asking about 87/88...slow typer, I am.

Share this post


Link to post
Share on other sites
BTW: As far as going long, I don't know if any of you did but CLVN @ 83.00 which has shifted to 82.50 "might" be it for the downside - since all the easy paper has been cleared out IMHO... and the range is pretty strung out...

 

I am not advocating a long here - just if I had the stones I'd look at it...but my style is to let someone else go in first and then after it proves itself go for a continuation trade..

 

Not saying this is the bottom of course...I am clueless... :2c:

 

Tom,

 

I reversed my position at 84 and looking to get out at 87/88 area...and then see what happens. I lean towards going back down unless Mr Draghi says something super positive... :)

 

CYP

Share this post


Link to post
Share on other sites
Thanks Josh - got my 84...now, waiting...congrats on your 4 pts.

 

Anyone else seeing a possible surge back up towards 87/88 level before resuming downtrend? It'll be interesting to see if 81 happens?

 

CYP

 

Edit: Looks like Josh already beat me to the punch in asking about 87/88...slow typer, I am.

 

Some strong buying there took us back to IBL and we all but got the vpoc shift to 84.50.

Share this post


Link to post
Share on other sites
Tom,

 

I reversed my position at 84 and looking to get out at 87/88 area...and then see what happens. I lean towards going back down unless Mr Draghi says something super positive... :)

 

CYP

 

Well hindsight being what it is...86.00 would be my tarhet for a long.. -clueless... reason IBL which is where OTF tipped it...

 

I am watching since other than rotations I "suspect" the low might be in but as Josh says ACH

Share this post


Link to post
Share on other sites
I may be a bit off as it gets hard for me to tell around now, but I expect a rotation up to 87s or so before we go much (if at all) lower.

 

Took a 1 point long scalp here, 87 hit, now we can go down but 88 might be in the cards as well. I would not be shocked to see 90 either.

 

I will sell 87.75 if it gets there but only for a small target.

Share this post


Link to post
Share on other sites
Open, vwap, mid all around here. Would be sweet to get a rotation back to 84.50, vpoc shift then test higher.

 

One more push up to 88, to trap just a few more buyers who are pissed that they have not bought because there have not been any retracements? VWAP, Open, 50% all breached means buy buy buy right? :D

Share this post


Link to post
Share on other sites
One more push up to 88, to trap just a few more buyers who are pissed that they have not bought because there have not been any retracements? VWAP, Open, 50% all breached means buy buy buy right? :D

 

yes...please...please...87.50 my target for getting out and prep for downturn...

 

I'm liking how everyone is making the calls here -- seems more in tune with the markets today than yesterday...

 

CYP

Share this post


Link to post
Share on other sites
One more push up to 88, to trap just a few more buyers who are pissed that they have not bought because there have not been any retracements? VWAP, Open, 50% all breached means buy buy buy right? :D

 

You got stops 88.00 - 89.25 area... YOu got the mid & VWAP as N points out... Personally don't thinik that is a good short ..personally I want to see the stops get taken first but ACH.. (Josh: I'm going to leave ACH to you... )

 

 

Apologize if anyone took short there...

Share this post


Link to post
Share on other sites
yes...please...please...87.50 my target for getting out and prep for downturn...

 

I'm liking how everyone is making the calls here -- seems more in tune with the markets today than yesterday...

 

CYP

 

Taking another scalp long here at 85.75, for 2 points, then a reverse short at 87.75 -- let's see if Mr. Market agrees or if I close this .... As N said, we may get rotation to 84.50, and then up...

Share this post


Link to post
Share on other sites
You got stops 88.00 - 89.25 area...

 

Good point about stops Tom ... as I said about 90, I would not be totally shocked to see it before sellers step back in...

 

edit: As I think about this though, after this little retracement, perhaps the shorts moved their stops above 87, and a pop to 88 will wash many of them out?

Share this post


Link to post
Share on other sites
yes...please...please...87.50 my target for getting out and prep for downturn...

 

I'm liking how everyone is making the calls here -- seems more in tune with the markets today than yesterday...

 

CYP

 

I think I was the only one upside down yeasterday for the reasons already articulated..

 

We are going to tewst this low... I "might" look for a long those stops are the fuel imho...but I do not like being a pioneer - "arrows in your back.."

 

84.00 key for long side... might not even get ther...

Share this post


Link to post
Share on other sites

I would really like to see some more rotation down for a play on the longside potential 90.75 ish as discussed.. I don't like breakouts - too much risk for me..I like rotations... just me... :missy:

Share this post


Link to post
Share on other sites
Good point about stops Tom ... as I said about 90, I would not be totally shocked to see it before sellers step back in...

 

edit: As I think about this though, after this little retracement, perhaps the shorts moved their stops above 87, and a pop to 88 will wash many of them out?

 

I think they are in reach but I'd like to see some downside rotation to get some more late shorts in but structure is friendly to upside right now for those stops... :2c:

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

    • Thx for reminding us... I don't bang that drum often enough anymore Another part for consideration is who that money initially went to...
    • TDUP ThredUp stock, watch for a top of range breakout above 2.94 at https://stockconsultant.com/?TDUP
    • How long does it take to receive HFM's withdrawal via Skrill? less than 24H?
    • My wife Robin just wanted some groceries.   Simple enough.   She parked the car for fifteen minutes, and returned to find a huge scratch on the side.   Someone keyed her car.   To be clear, this isn’t just any car.   It’s a Cybertruck—Elon Musk's stainless-steel spaceship on wheels. She bought it back in 2021, before Musk became everyone's favorite villain or savior.   Someone saw it parked in a grocery lot and felt compelled to carve their hatred directly into the metal.   That's what happens when you stand out.   Nobody keys a beige minivan.   When you're polarizing, you're impossible to ignore. But the irony is: the more attention something has, the harder it is to find the truth about it.   What’s Elon Musk really thinking? What are his plans? What will happen with DOGE? Is he deserving of all of this adoration and hate? Hard to say.   Ideas work the same way.   Take tariffs, for example.   Tariffs have become the Cybertrucks of economic policy. People either love them or hate them. Even if they don’t understand what they are and how they work. (Most don’t.)   That’s why, in my latest podcast (link below), I wanted to explore the “in-between” truth about tariffs.   And like Cybertrucks, I guess my thoughts on tariffs are polarizing.   Greg Gutfield mentioned me on Fox News. Harvard professors hate me now. (I wonder if they also key Cybertrucks?)   But before I show you what I think about tariffs… I have to mention something.   We’re Headed to Austin, Texas This weekend, my team and I are headed to Austin. By now, you should probably know why.   Yes, SXSW is happening. But my team and I are doing something I think is even better.   We’re putting on a FREE event on “Tech’s Turning Point.”   AI, quantum, biotech, crypto, and more—it’s all on the table.   Just now, we posted a special webpage with the agenda.   Click here to check it out and add it to your calendar.   The Truth About Tariffs People love to panic about tariffs causing inflation.   They wave around the ghost of the Smoot-Hawley Tariff from the Great Depression like it’s Exhibit A proving tariffs equal economic collapse.   But let me pop this myth:   Tariffs don’t cause inflation. And no, I'm not crazy (despite what angry professors from Harvard or Stanford might tweet at me).   Here's the deal.   Inflation isn’t when just a couple of things become pricier. It’s when your entire shopping basket—eggs, shirts, Netflix subscriptions, bananas, everything—starts costing more because your money’s worth less.   Inflation means your dollars aren’t stretching as far as they used to.   Take the 1800s.   For nearly a century, 97% of America’s revenue came from tariffs. Income tax? Didn’t exist. And guess what inflation was? Basically zero. Maybe 1% a year.   The economy was booming, and tariffs funded nearly everything. So, why do people suddenly think tariffs cause inflation today?   Tariffs are taxes on imports, yes, but prices are set by supply and demand—not tariffs.   Let me give you a simple example.   Imagine fancy potato chips from Canada cost $10, and a 20% tariff pushes that to $12. Everyone panics—prices rose! Inflation!   Nope.   If I only have $100 to spend and the price of my favorite chips goes up, I either stop buying chips or I buy, say, fewer newspapers.   If everyone stops buying newspapers because they’re overspending on chips, newspapers lower their prices or go out of business.   Overall spending stays the same, and inflation doesn’t budge.   Three quick scenarios:   We buy pricier chips, but fewer other things: Inflation unchanged. Manufacturers shift to the U.S. to avoid tariffs: Inflation unchanged (and more jobs here). We stop buying fancy chips: Prices drop again. Inflation? Still unchanged. The only thing that actually causes inflation is printing money.   Between 2020 and 2022 alone, 40% of all money ever created in history appeared overnight.   That’s why inflation shot up afterward—not because of tariffs.   Back to tariffs today.   Still No Inflation Unlike the infamous Smoot-Hawley blanket tariff (imagine Oprah handing out tariffs: "You get a tariff, and you get a tariff!"), today's tariffs are strategic.   Trump slapped tariffs on chips from Taiwan because we shouldn’t rely on a single foreign supplier for vital tech components—especially if that supplier might get invaded.   Now Taiwan Semiconductor is investing $100 billion in American manufacturing.   Strategic win, no inflation.   Then there’s Canada and Mexico—our friendly neighbors with weirdly huge tariffs on things like milk and butter (299% tariff on butter—really, Canada?).   Trump’s not blanketing everything with tariffs; he’s pressuring trade partners to lower theirs.   If they do, everybody wins. If they don’t, well, then we have a strategic trade chess game—but still no inflation.   In short, tariffs are about strategy, security, and fairness—not inflation.   Yes, blanket tariffs from the Great Depression era were dumb. Obviously. Today's targeted tariffs? Smart.   Listen to the whole podcast to hear why I think this.   And by the way, if you see a Cybertruck, don’t key it. Robin doesn’t care about your politics; she just likes her weird truck.   Maybe read a good book, relax, and leave cars alone.   (And yes, nobody keys Volkswagens, even though they were basically created by Hitler. Strange world we live in.) Source: https://altucherconfidential.com/posts/the-truth-about-tariffs-busting-the-inflation-myth    Profits from free accurate cryptos signals: https://www.predictmag.com/       
    • No, not if you are comparing apples to apples. What we call “poor” is obviously a pretty high bar but if you’re talking about like a total homeless shambling skexie in like San Fran then, no. The U.S.A. in not particularly kind to you. It is not an abuse so much as it is a sad relatively minor consequence of our optimism and industriousness.   What you consider rich changes with circumstances obviously. If you are genuinely poor in the U.S.A., you experience a quirky hodgepodge of unhelpful and/or abstract extreme lavishnesses while also being alienated from your social support network. It’s about the same as being a refugee. For a fraction of the ‘kindness’ available to you in non bio-available form, you could have simply stayed closer to your people and been MUCH better off.   It’s just a quirk of how we run the place and our values; we are more worried about interfering with people’s liberty and natural inclination to do for themselves than we are about no bums left behind. It is a slightly hurtful position and we know it; we are just scared to death of socialism cancer and we’re willing to put our money where our mouth is.   So, if you’re a bum; you got 5G, the ER will spend like $1,000,000 on you over a hangnail but then kick you out as soon as you’re “stabilized”, the logistics are surpremely efficient, you have total unchecked freedom of speech, real-estate, motels, and jobs are all natural healthy markets in perfect competition, you got compulsory three ‘R’’s, your military owns the sky, sea, space, night, information-space, and has the best hairdos, you can fill out paper and get all the stuff up to and including a Ph.D. Pretty much everything a very generous, eager, flawless go-getter with five minutes to spare would think you might need.   It’s worse. Our whole society is competitive and we do NOT value or make any kumbaya exception. The last kumbaya types we had werr the Shakers and they literally went extinct. Pueblo peoples are still around but they kind of don’t count since they were here before us. So basically, if you’re poor in the U.S.A., you are automatically a loser and a deadbeat too. You will be treated as such by anybody not specifically either paid to deal with you or shysters selling bejesus, Amway, and drugs. Plus, it ain’t safe out there. Not everybody uses muhfreedoms to lift their truck, people be thugging and bums are very vulnerable here. The history of a large mobile workforce means nobody has a village to go home to. Source: https://askdaddy.quora.com/Are-the-poor-people-in-the-United-States-the-richest-poor-people-in-the-world-6   Profits from free accurate cryptos signals: https://www.predictmag.com/ 
×
×
  • Create New...

Important Information

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