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

Sold 73.00..not going to hang around too long - on short leash.

 

Looking to scale 72.00 & 70.25... then hold balance B/E

Edited by roztom

Share this post


Link to post
Share on other sites
Any idea what's driving this? Higher unemployment, lower PPI..? :roll eyes:

 

Oh yeah, also heard talk of higher than expected China GDP which will be released tonight. Heard this about half hour ago or something I think.

Share this post


Link to post
Share on other sites
over my wire: "market talk of a large hedge fund covering a large short position on emini s&p" ... as usual, unconfirmed, just talk

 

One way or another, when the market drives like this from open, there usually has to be someone big in the market right?

 

Imho, you can probably ignore 90% of what comes over your squawk(esp if it's the one I think it is ;))

Share this post


Link to post
Share on other sites

Have gotten first scale & have reduced risk on package to 1 pt at new HOD... still strong up imho...

 

Edit: If not stopped, looking for next scale ahead of 50% retracement... :confused:

 

Out - 1pt..

Share this post


Link to post
Share on other sites
One way or another, when the market drives like this from open, there usually has to be someone big in the market right?

 

Imho, you can probably ignore 90% of what comes over your squawk(esp if it's the one I think it is ;))

 

I only pay attention to confirmed reports, I don't care about that other stuff really, just thought it was interesting.

Share this post


Link to post
Share on other sites
Have gotten first scale & have reduced risk on package to 1 pt at new HOD... still strong up imho...

 

Edit: If not stopped, looking for next scale ahead of 50% retracement... :confused:

 

Out - 1pt..

 

I might have been "dicked for a tick" :crap: Still I wanted to see more initial rotation but this is a tough train to step in front of...

Share this post


Link to post
Share on other sites

Reading an article on Google earnings later today, and read this:

 

"Google stunned Wall Street in January when it reported earnings that fell below consensus estimates.

No surprises are expected this time."

 

lol.. I think that by definition a surprise can't be expected.. :)

 

N, what squawk do you recommend since the one I listen to is, in your opinion, rather worthless?

Share this post


Link to post
Share on other sites
Reading an article on Google earnings later today, and read this:

 

"Google stunned Wall Street in January when it reported earnings that fell below consensus estimates.

No surprises are expected this time."

 

lol.. I think that by definition a surprise can't be expected.. :)

 

N, what squawk do you recommend since the one I listen to is, in your opinion, rather worthless?

 

It doesn't matter so long as you get your releases instantly and any big news. You have to do the filtering yourself though for what is useful.

Share this post


Link to post
Share on other sites

coming up to the half hour mark, if we were to attempt the 77.25 vpoc shift again, it would also be challenging the one-timeframing.

 

On another note, Nomura offices @world financial centre in NYC have been evacutated. Suspicious package apparently.

Share this post


Link to post
Share on other sites
coming up to the half hour mark, if we were to attempt the 77.25 vpoc shift again, it would also be challenging the one-timeframing.

 

On another note, Nomura offices @world financial centre in NYC have been evacutated. Suspicious package apparently.

 

shift has now been achieved........

Share this post


Link to post
Share on other sites

There's definitely a chance that we'll get to that 92.50 area today even at this rate if there is no let up from buying. I didn't think it was going to be on today in fairness, but it just feels like it's gonna push and push. I'm not saying I think it will do that btw. Just that we shouldn't be shocked if it does.

Share this post


Link to post
Share on other sites
This is like watching Led Zepplin: "Stairway To Heaven."

 

Yes...nice stairway for sure....especially since I've been on the "highway to hell" the last few days...

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

×
×
  • Create New...

Important Information

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