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

shorted 1407.00 lost 1.25 pts, re-shorted 1407.25.. scale , 1405.00, nxt 1402.75 in front of CLVN 1401.75... nxt 98.50 area...

 

If I see rotation to 1406 area + mid-point might add... :helloooo:

 

 

...press the [RED] button please...

Share this post


Link to post
Share on other sites
shorted 1407.00 lost 1.25 pts, re-shorted 1407.25.. scale , 1405.00, nxt 1402.75 in front of CLVN 1401.75... nxt 98.50 area...

 

If I see rotation to 1406 area + mid-point might add... :helloooo:

 

I am now not so sure about short before long... 3 separate 1-ticks below, trying to break to new lows, and nothing doing... if it gets above 1406 and holds, I'll be a buyer from here.

Share this post


Link to post
Share on other sites

Don't look now, but the overnight low is a to the tick 38.2% retracement of last week's low to the 1420 high... ahh, love those fibonacci traders who brilliantly think that 38.2 and 61.8 actually hold some special meaning in finance! :D

Share this post


Link to post
Share on other sites
Daytrade the emini? Do not do it. It is TOO dangerous. It is a gamble. You could lose money.

 

Then follow your beliefs: Don't Trade It... Right thing for you..

Share this post


Link to post
Share on other sites
Don't look now, but the overnight low is a to the tick 38.2% retracement of last week's low to the 1420 high... ahh, love those fibonacci traders who brilliantly think that 38.2 and 61.8 actually hold some special meaning in finance! :D

 

I use fibbos as point of reference most of the time josh, unless they line up with other things, I don't trade off them. There are some that work well alot of the time. For example, after a decent move, the 78.6% ret holds in ES many times(no stats- maybe we can do some). You don't have to use it and I wouldn't blame you for not. But there are people who can make money using MA's. So it's different strokes you know.

Share this post


Link to post
Share on other sites
Daytrade the emini? Do not do it. It is TOO dangerous. It is a gamble. You could lose money.

 

Haha, I missed this one! To some, trading any product is too dangerous and that's true if you don't know what you are doing(and sometimes even when you do:crap:)

Share this post


Link to post
Share on other sites
bailed just below the low, 03.50

 

Good risk management..I feel like a cork in a tempest today... :helloooo:

 

UPdate: Pulled my stop to B/E 1405.00 since I have poor trade location & we bounced off CLVN 1401.75..glad I scaled in front there... just in case

Share this post


Link to post
Share on other sites
I use fibbos as point of reference most of the time josh, unless they line up with other things, I don't trade off them. There are some that work well alot of the time. For example, after a decent move, the 78.6% ret holds in ES many times(no stats- maybe we can do some). You don't have to use it and I wouldn't blame you for not. But there are people who can make money using MA's. So it's different strokes you know.

 

I use sense of smell... sometimes these trades stink or is it me??? :rofl:

 

N: N: SOme people use Everything but the kitchen sink.. In fact watch for my new trading book: "Trading With Everything Including The Kitchen Sink." :helloooo:

Share this post


Link to post
Share on other sites
Scaled 2/3 @ 1402.50 as prev posted...last scale target 99.00 in front of NVPOC 98.50, CHVN 98.50 & naked close 97.75...that's all I know..:missy:

 

Covered half at 1403. Holding rest for about another 15 minutes before re-evaluating. Shooting for 1400, then plan to get long...

Share this post


Link to post
Share on other sites
I have bought 1402.25, but do not have that "sunshine" feeling yet.

 

1394 looks tempting, doesn't it?

 

94.00 looks like a bit of a reach but ACH but technically it is possible...

 

I personally always look at this as the necessary rotations to fry the weak hands and for the big boys to load up..doesn't mean that is what it is... in a Up Trend, with the power we've seen then the extended target "might" be tougher to get to..like that NVPOC @ 77.00 we were looking for on Friday or whenever.. I try to put these targets in context of the bigger picture but I am blessed with the knowledge that I know I don't know...

 

The clusters of stops to me are the high probability targets and as we go further out the probabilities go down, especially if you consider this a counter-trend rotation, IMHO. :2c:

Share this post


Link to post
Share on other sites
Covered half at 1403. Holding rest for about another 15 minutes before re-evaluating. Shooting for 1400, then plan to get long...

 

I'm sure you have a good reason for picking a level to go long at that level... WOuld you mind sharing Why? Tx

Share this post


Link to post
Share on other sites

1403.75 IBL & current MP lvn is an interesting spot to consider an add or is taken out I am off the short & will stop out B/E on last 1/3... :helloooo:

 

 

15m bar very imp't here.

 

Bailed balance 1401.75..not sure it is over to the downside but we tested key 15m bar so rotation up possible to test IBL... IMHO ..

Edited by roztom

Share this post


Link to post
Share on other sites

Here's some "Market Logic." :confused: Since we failed to make a new low on that test of the low especially against the 15m bar...something I personall like to read...then the path of least resistence is to rotate up for the stops on the interday shorts - weak hands...how far do we rotate? Where would they be sitting? IBL & 1405 -1406.00 IMHO

 

If you look at 15m bars, imho you often can clearly see where the nearby Swing H/L is that most interday stops will be clustered at..that along with the VP is where I look for continuation trades or if violated by more than a few ticks the possibility of a change in Trend.. interday... not that any of this matters - pure conjecture... :missy:

Share this post


Link to post
Share on other sites
I use sense of smell... sometimes these trades stink or is it me??? :rofl:

 

N: N: SOme people use Everything but the kitchen sink.. In fact watch for my new trading book: "Trading With Everything Including The Kitchen Sink." :helloooo:

 

Yeah, absolutely. Trouble is that many things look plausible but it's important to separate those from what's actually useful for your trading.

 

As far as lower targets being possible, well possibly. I think that it did look like they were going to turn it around back through the 1.50's and into IB, but the longer it holds below the more the chance is of a flush. 99, 98.75, 97.75 etc all confluence and then it be a lower target of 94/95 area. A clean swing above the IBL and I'd think we'd be heading for the 10's and tues vpoc (and current high at the very least).

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

    • YUM Yum Brands stock, nice breakout with volume +34.5%, from Stocks to Watch at https://stockconsultant.com/?YUM
    • Date: 3rd April 2025.   Gold Prices Pull Back After Record High as Traders Eye Trump’s Tariffs.   Key Takeaways:   Gold prices retreated after hitting a record high of $3,167.57 per ounce due to profit-taking. President Trump announced a 10% baseline tariff on all US imports, escalating trade tensions. Gold remains exempt from reciprocal tariffs, reinforcing its safe-haven appeal. Investors await US non-farm payroll data for further market direction. Fed rate cut bets and weaker US Treasury yields underpin gold’s bullish outlook. Gold Prices Retreat from Record Highs Amid Profit-Taking Gold prices saw a pullback on Thursday as traders opted to take profits following a historic surge. Spot gold declined 0.4% to $3,122.10 per ounce as of 0710 GMT, retreating from its fresh all-time high of $3,167.57. Meanwhile, US gold futures slipped 0.7% to $3,145.00 per ounce, reflecting broader market uncertainty over economic and geopolitical developments.   The recent rally was largely fueled by concerns over escalating trade tensions after President Donald Trump unveiled sweeping new import tariffs. The 10% baseline tariff on all goods entering the US further deepened the global trade conflict, intensifying investor demand for safe-haven assets like gold. However, as traders locked in gains from the surge, prices saw a modest retracement.   Trump’s Tariffs and Their Market Implications On Wednesday, Trump introduced a sweeping tariff policy imposing a 10% baseline duty on all imports, with significantly higher tariffs on select nations. While this move was aimed at bolstering domestic manufacturing, it sent shockwaves across global markets, fueling inflation concerns and heightening trade war fears.   Gold’s Role Amid Trade War Escalations Despite the widespread tariff measures, the White House clarified that reciprocal tariffs do not apply to gold, energy, and ‘certain minerals that are not available in the US’. This exemption suggests that central banks and institutional investors may continue favouring gold as a hedge against economic instability. One of the key factors supporting gold is the slowdown that these tariffs could cause in the US economy, which raises the likelihood of future Federal Reserve rate cuts. Gold is currently in a pure momentum trade. Market participants are on the sidelines and until we see a significant shakeout, this momentum could persist.   Impact on the US Dollar and Bond Yields Gold prices typically move inversely to the US dollar, and the latest developments have pushed the dollar to its weakest level since October 2024. Market participants are increasingly pricing in the possibility of a Fed rate cut, as the tariffs could weigh on economic growth.   Additionally, US Treasury yields have plummeted, reflecting growing recession fears. Lower bond yields reduce the opportunity cost of holding non-yielding assets like gold, making it a more attractive investment.         Technical Analysis: Key Levels to Watch Gold’s recent rally has pushed it into overbought territory, with the Relative Strength Index (RSI) above 70. This indicates a potential short-term pullback before the uptrend resumes. The immediate support level lies at $3,115, aligning with the Asian session low. A further decline could bring gold towards the $3,100 psychological level, which has previously acted as a strong support zone. Below this, the $3,076–$3,057 region represents a critical weekly support range where buyers may re-enter the market. In the event of a more significant correction, $3,000 stands as a major psychological floor.   On the upside, gold faces immediate resistance at $3,149. A break above this level could signal renewed bullish momentum, potentially leading to a retest of the record high at $3,167. If bullish momentum persists, the next target is the $3,200 psychological barrier, which could pave the way for further gains. Despite the recent pullback, the broader trend remains bullish, with dips likely to be viewed as buying opportunities.   Looking Ahead: Non-Farm Payrolls and Fed Policy Traders are closely monitoring Friday’s US non-farm payrolls (NFP) report, which could provide critical insights into the Federal Reserve’s next policy moves. A weaker-than-expected jobs report may strengthen expectations for an interest rate cut, further boosting gold prices.   Other key economic data releases, such as jobless claims and the ISM Services PMI, may also impact market sentiment in the short term. However, with rising geopolitical uncertainties, trade tensions, and a weakening US dollar, gold’s safe-haven appeal remains strong.   Conclusion: While short-term profit-taking may trigger minor corrections, gold’s long-term outlook remains bullish. As global trade tensions mount and the Federal Reserve leans toward a more accommodative stance, gold could see further gains in the months ahead.   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, nice buying at the 187.26 triple+ support area at https://stockconsultant.com/?AMZN
    • DELL Dell Technologies stock, good day moving higher off the 90.99 double support area, from Stocks to Watch at https://stockconsultant.com/?DELL
    • MCK Mckesson stock, nice trend and continuation breakout at https://stockconsultant.com/?MCK
×
×
  • Create New...

Important Information

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