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

Here is a snap of my interpretation of Peter Steildlmeyer's concept of "strip analysis". I follow the ES et al with 15 minute brackets. In this snap is a clear example of what is setting up to be a "V" bottom at this time. Note the deep new low of the bar, where the bar opened and where it closed. If it was to continue lower then the close should be below the HVN. It tells me that in the least we are at a reaction low level,

Hope this may help some traders to utilize their market profile perhaps in a different way.

 

2012-11-07_1216 - slick60's library

 

slick60

 

Thought I would just add a composite follow-up chart to one I posted last weeK

http://screencast.com/t/ZxVCNet9

Edited by slick60

Share this post


Link to post
Share on other sites
This seems like people are anticipating a reversal from this 95-97 area too much to me. Either we don't get there just yet and rotate lower to find more buyers or we smash straight through it :2c:

 

Midpoint is also at 97.50 and a prior session vpoc is at 98.50 after that. Psychologically, they might want to retest the figure if we do push on.

Share this post


Link to post
Share on other sites

Further sell-off yesterday and a thrust even lower overnight suggests the possibility of a negative RTH session today. Who knows for sure though. Support could come in between 60-70 centred around 66.50 possibly. Or the nature and speed of the move lower so far could see us scythe through these levels.

 

Concern over the fiscal cliff and Greek shenanigans definitely look to have OTF liquidating to me. So what would the ultimate target be? On days which have the potential to move big (and I did say potential - ach, just as we could sell off we could also get responsive buying pushing us right back up) I like to zoom out and look for bigger possible targets. If you can imagine it, it's possible we could reach it. You must be able to shift mental gears if a sell-off (or rally) of magnitude gets underway. Below the 1366.50 the next logical test area is the 2012 midpoint 1354.25 and 2012 VPOC 1351.25. This is just a target area and shouldn't be used to think "where can I get long". If we trend lower and sell hard that area would make the range (if we opened around 68) well under 20 points which is not particularly a big range. Yes it could bounce there once then pummel through on the 2nd test but you just don't know.

 

Anyway, I've put a chart together outlining some possible logical targets to the downside:-

 

attachment.php?attachmentid=32726&stc=1&d=1352469417

 

Make sure you stick to your plan and your max risk. It could be a brilliant or a terrible day. Good luck.

2012-11-09.thumb.jpg.47e2ae533b405c9873e13bb43096fb38.jpg

Share this post


Link to post
Share on other sites

The open auction out of range is often a good indicator of what might happen next - especially when anticipation is high. Clearly from the action from open we had a fair number of sellers, but there were a good number of buyers. The break higher gave sellers a problem and we see the consequence of that now. This doesn't mean buy because it will trend up all day. It could do. It could also run into resistance at 84.75 and make new lows. We'll have to see...:missy:

Share this post


Link to post
Share on other sites

Okay so I did a post today over in the Bigger Picture in E-minis Discussion thread showing the bigger picture context of what has been going on in 2012 in regards to the progression of balances and reaction to subsequent developments created.

 

My view is we probably need to go lower at some point but we could look back up first. Having said that, although we may have rejected that 66 area overnight, the push back higher has left a little to be desired and at the moment we are hovering around friday's low. Will be interesting to see where we open.

 

More talk overnight on fiscal cliff but major importance is Greece. Rumours are that they'll be given €44bl in one lump sum and they have confirmed they'll be given until 2016 to meet budget deficit targets. The final decision on the next tranche of aid is said to be delayed until 20th Nov. Could be a news/rumour day which could well be dangerous. ACH though. German ZEW survey missed earlier (-15.7 exp -10.0) but no major releases for US today. Merkel, Stournaras (Greek finance minister), Monti & Cameron and Yellen are speaking today.

 

Here's a chart:-

 

attachment.php?attachmentid=32815&stc=1&d=1352815070

2012-11-13_4.thumb.jpg.c2c72bd8638b448f240621980de84217.jpg

Share this post


Link to post
Share on other sites

[quote=TheNegotiator;1

 

 

More talk overnight on fiscal cliff but major importance is Greece. Rumours are that they'll be given €44bl in one lump sum and they have confirmed they'll be given until 2016 to meet budget deficit targets. The final decision on the next tranche of aid is said to be delayed until 20th Nov. Could be a news/rumour day which could well be dangerous. ACH though. German ZEW survey missed earlier (-15.7 exp -10.0) but no major releases for US today. Merkel, Stournaras (Greek finance minister), Monti & Cameron and Yellen are speaking today.

 

 

Hi N

Do you not consider the federal budget balance at 2pm EST to be of importance?

 

slick60

Share this post


Link to post
Share on other sites

Okay so today focus is likely Retail Sales in a few minutes exp -0.2% prv +1.1% - this is expected to have dropped due to hurricane Sandy. Then the FOMC minutes are due later on. Oh yeah, Europe is kinda striking too :helloooo: Angela :doh:

 

Here's a chart pre-retail sales:-

 

attachment.php?attachmentid=32845&stc=1&d=1352899583

2012-11-14.thumb.jpg.0a5510de880d014d464ba4e8ffbeac1c.jpg

Share this post


Link to post
Share on other sites

So yesterday we basically rejected the test lower of that important 1366.50 area. Perhaps tellingly though, the rally faltered and we closed barely higher. There seemed to be little consensus on 'value' given the lack of symmetry in the profile and three areas seemed to dominate:- 1384.00, 1379.75, 1371.25. It may well be worth watching out for these areas again today as this is probably where otf were trading. On the upper extreme of the session, 1384.75 didn't quite hold accurately although on the long-term profile the low volume price did move to 85.75 (just two ticks below the high) so I'm counting this as a hold. it looks like 1374.00 could well play a role at least early on as this was the high (and start) of a leg lower into yesterday's close and the overnight vpoc at least currently.

 

My view is we probably won't do a great deal until after the fomc minutes although we could see some sort of test one way or the other before falling back to 'value' (somewhere between 70-80).

 

Anyone have any thoughts today or any questions or just disagree with what I've written?

Share this post


Link to post
Share on other sites

1363.75 is a minor high volume price on the long-term profile, 64.00 is the 27.2% IB extension and 63.50 is the 24 hr low from last friday. Could be worth a look for the market...

 

edit: 63.75 is also a naked close from 8/1

Share this post


Link to post
Share on other sites

Earlier I mentioned I expected that it could well balance into the FOMC minutes. It's important to recognise that this is what I had felt upto a point but we can never know what will happen. Being adaptable to what does happen is of paramount importance.

 

This is what I was looking at:-

 

attachment.php?attachmentid=32849&stc=1&d=1352909083

2012-11-14_2.thumb.jpg.b8e52c3abe13cd9911bbbd0de0b150aa.jpg

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

    • re TikTok Recently metafakebook made what was apparently a move to stay aligned with ‘culture’ - no more fact ‘checking’, no more censorhip... basically ‘Zucker’ was shown that his mission was failing because they were only building profiles on ‘useful idiots’ instead of those who oppose the great centralization  (... just like long ago he only saw campus potential and had to be shown the promise and rewarded for fronting the great spyware and social engineering project called Fakebook)... ie they could have replaced him long ago In the same vein, who holds ‘title’ to tiktok doesn’t matter either... it will remain a spyware project regardless of who ‘buys’ it... and the data will forever be available to the CCP Just sayin’
    • Omobola,  As an engineer surely you have money to buy a ticket to Monterey, Mexico... just a hop and a jump from there to Texas...  hth zdo 
    • Date: 20th January 2025.   The NASDAQ Rises As Trump Inauguration Edges Closer!   US indices increased in value for the first time after struggling for 5 consecutive weeks. Of the main US indices the NASDAQ witnessed the strongest gains (4.12%). Risk indicators point to a higher risk appetite under the new US President, Donald Trump. President Trump's inauguration will take place this afternoon and has promised to sign over 100 consecutive orders within his first week. NASDAQ - Higher Investor Confidence! NASDAQ traders begin to stomach less frequent interest rate adjustments, the market turns its attention to earnings and Trump’s presidency. Investors are becoming more bullish under expectations that Trump will apply policies to support the US economy and entice further investment into the US stock market. A "risk-on" sentiment is evident in today's sessions, reflected in risk indicators like the VIX, High-Low Index, and Bond yields.     Investors this week will concentrate on two factors. The first factor is Trump’s consecutive orders which he has advised will be signed within his first week. Investors will closely monitor how and if these policies influence the US economy and stocks. The second factor is earnings season, which will start to gain momentum this week. Tomorrow, Netflix will release its quarterly earnings report after the market closes. Netflix is the NASDAQ’s 10th most influential company and 11th most impactful stock. Analysts expect the company’s earnings per share to drop from $5.40 to $4.21, but for Revenue to rise to $10.11 Billion. If Netflix is able to beat the earnings per share and revenue expectations, fundamental elections would indicate a rise in the price. Over the past 12 months the price has risen 76%. A further increase would further support the NASDAQ. Thereafter, investors will turn their attention to Intuitive Surgical’s earnings report. Currently, investors believe the company’s earnings per share and revenue will rise compared to the previous quarter. Intuitive’s stock has risen by more than 9% in the past week alone indicating that investors believe the company will continue to beat earnings expectations. The company has beat expectations over the past 12-months. How are Markets Reacting to Trump's inauguration? Trump pledged to issue executive orders aimed at advancing artificial intelligence programs and establishing the Department of Government Efficiency (Doge). Analysts expect these two alone to support US stocks. However, investors are not yet certain to what extent upcoming tariffs will pressure the NASDAQ and stocks. During the previous trade wars, the NASDAQ fell by 25% over a period of 4-months. Traders also should note that the NASDAQ rose in the 6-weeks after Trump won the elections. Over the past week, the VIX index fell by more than 12% indicating that the market believes US stocks will perform well under a Trump presidency. Simultaneously, US Bond yields have fallen from 4.80% to 4.58% which is known to positively influence the US stock market. Both the VIX and lower bond yields indicate higher investor confidence as Trump advises that policies will prompt more employment, US made products and more pro-US policies. NASDAQ - Technical Analysis The price of the NASDAQ trades above the 200-bar Moving Average on a 5-minute Chart indicating bullish price movement. Moving Averages have also crossed over upwards and the price trades above the VWAP indicating that the asset is maintaining its bullish momentum. Price action is also forming clear higher highs and higher lows, but investors will be cautious if the price does not find resistance at the $21,637 resistance level. In order to break above this level, investors will be hoping for positive earnings data from Netflix and Intuitive.     Key Takeaways: President Trump's inauguration will take place this afternoon with promise to sign over 100 consecutive orders within his first week. US indices rise after 5 weeks of declines, with the NASDAQ leading at 4.12%. Trump pledged to issue executive orders aimed at advancing artificial intelligence programs and establishing the Department of Government Efficiency. Analysts expect Netflix earnings per share to drop from $5.40 to $4.21, but for Revenue to rise to $10.11 Billion. Investors are becoming more bullish under expectations that President Trump will apply policies to support the US economy and entice further investment into the US stock market. 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. Michalis Efthymiou 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.
    • Consider: some 80% of small to medium-sized businesses around the world don’t have a website.   Many businesses in emerging economies rely on social media platforms (e.g., WhatsApp, Facebook) as their primary digital presence instead of formal websites.   But even in more digitally advanced economies, the number can hover around half.   Why? Simple answer: although we’ve made it easier to make a website, it’s still not easy enough.   Let’s say a yoga instructor wants to offer online classes but lacks tech skills or a budget.   Instead of struggling with confusing platforms, she tells her AI agent, “Set up a website for me to host yoga classes.”   The AI handles everything.   It integrates Stripe for payments, Zoom for live classes, scheduling services for in-person classes, and a chat module for inquiries.   It even suggests templates.   When the instructor picks one and asks for a purple and white color scheme, the AI updates it instantly.   No coding. No frustration. Just results.   And the best part? She didn’t have to touch a single screen or key.   This is the future Wilson describes in Age of Invisible Machines.   And, as mentioned, it’s powered by three core technologies:   Conversational User Interfaces (CUIs): Say what you need; the system handles it. From building websites to booking flights, it’s fast and human-like.   Composable Architecture: Traditional business solutions become “modules”. Like LEGO bricks, modular tools—payments, chats, scheduling—snap together to create custom solutions without starting from scratch.   No-Code Programming: AI agents code for you, empowering anyone to create without needing a developer. It’s not just a better way to interact with technology…   It’s a complete reimagining of how industries operate.   As Harvard Business School’s Marco Iansiti says, “This isn’t disruption—it’s a fundamental shift in production and interaction.”   And, the thing is…   It’s not just possible. It’s already happening.   Early examples are already here. – Chris Campbell, AltucherConfidential Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • Question: My name is Omobola Sikiru from Lagos, Nigeria. I am mechanical engineering. Where can I find someone that can be my helper to relocate me to the USA?   Answer: According to your own profile, you are trying to enter other countries through deception and immigration fraud.   You are an engineer in Nigeria, but you are not licensed as an engineer in any other country.   There are no helpers, no sponsors, and nobody is going to give you money, get you an engineering job, or get you a visa.   You must qualify to immigrate. Nobody can help you with that.   Either you qualify and have settling in money, or you don’t.   You need to improve your English before trying to get a job in a Western, English speaking country. Engineers write reports. You wrote, ‘I am mechanical engineering’. Nobody will hire you if you write like this. Rathkeale Source: https://www.quora.com/My-name-is-Omobola-Sikiru-from-Lagos-Nigeria-I-am-mechanical-engineering-Where-can-I-find-someone-that-can-be-my-helper-to-relocate-me-to-the-USA   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.