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

39.00, 36.00 just shifted, 36.00

 

Tom

 

Are we talking Reg Value areas or Volume Value areas? Tom

 

Good point. I think Josh and I are talking about Volume VA and you are on MP VA right?

 

Didnt prompt you because it's a beta.

Share this post


Link to post
Share on other sites
did that work for you too Josh?

 

You mean install older version? I dare not do that, it scares me :)

 

I've found several bugs in the 10.5s that the guys have been nice enough to fix very quickly, so I trust that any issues will get sorted out. I'm already using new features of 10.5 so I will stick with it.

Share this post


Link to post
Share on other sites
Good point. I think Josh and I are talking about Volume VA and you are on MP VA right?

 

Didnt prompt you because it's a beta.

 

Yes..sorry ofr confusion..

 

VVAH: 38.50, DVPOC 36.00, VVAL: 35.75

 

Tom

Share this post


Link to post
Share on other sites
You mean install older version? I dare not do that, it scares me :)

 

I've found several bugs in the 10.5s that the guys have been nice enough to fix very quickly, so I trust that any issues will get sorted out. I'm already using new features of 10.5 so I will stick with it.

 

10.5 beta 6. If you have it in your download folder, just install it and it is fine.

 

 

As of this moment 2:24 EST, volume based RTH profile, I have 1336 VPOC, 37.50 VAH, 34.50 VAL

 

I have 1336.00 vpoc, 38.50vah, 35.50val

Share this post


Link to post
Share on other sites
So which version that has the enhancements is ok? Or I could just wait for the regular relaease... Tom

 

Since you didn't know about it, and don't need anything, I'd wait to be honest. I just like to try new software features. The best one so far for me personally, and maybe this was even in the 10.4 series but I don't know, is that I can put TICK on top of my 500V ES and have them line up.

Share this post


Link to post
Share on other sites
These values are for beta 6?

 

yup. I think they're good.

 

So which version that has the enhancements is ok? Or I could just wait for the regular relaease... Tom

 

I'd just give it until say beta 10 or 11 if I were you Tom. The only thing I have started using is the DVPOC on the profile indicator.

Share this post


Link to post
Share on other sites
yup. I think they're good.

 

 

 

I'd just give it until say beta 10 or 11 if I were you Tom. The only thing I have started using is the DVPOC on the profile indicator.

 

I don't need any of it right now probably..but I do like to check out what is new..also anytime they make it more efficient is great...

 

Chad is the best... Tom

Share this post


Link to post
Share on other sites

BTW, I nibbled on a long down here... only because we went for some stops and have a dble test... Also the profile is "leaning" North... Maybe there will be a squirt up to that 40.00 level and maybe a bit beyond...

 

I've seen spaghetti stuck on a wall move faster than this...

 

Tom

 

Days like this can really set me back.. After a Chopfest I have a tough time getting in sync and recovering... I have in the past done (retail) scalping but the cost is too high to make it worthwhile.. Today's trade you have to be nimble and shoot for apx 3pts on rotations... not the end of the world but there is really no room for slop...

 

This weekend I will take today apart and replay the heck out of it... Anytime I have a losing day I consider it part of my continuing ed, tuition...

 

One thing I hate is having to repeat the course... :crap:

 

I am fortunate that I do well most days but the darn Chop is where I work hard for very little or it costs me for the adventure...

 

What has always grounded me, especiaslly daytrading is that I can have 100% winners one day - usually once or twice a week and then using the same methodology with a different market condition..get beat up..

 

I am not yet able to recognize change until I have waded into the poop... for a few trades..

 

Just throwing this out there just in case someone else has this experience also...

 

Regards,

Tom

Edited by roztom

Share this post


Link to post
Share on other sites

lol Tom ...

 

yes 6.50 RTH range so far... back to 86% of 20d median volume. Ouch. But the median 20 day RTH range is only 10.25, so not a very exciting market this year so far.

 

On a current note, delta is still way down on the day ... not the kind of day you generally want to try to be long, though that can all change. On the other hand, that move down to 35 took delta to new lows on the day by far, but we only got about 70% pullback in price. So, bids are strong enough at least to hold it above low.

Share this post


Link to post
Share on other sites
lol Tom ...

 

yes 6.50 RTH range so far... back to 86% of 20d median volume. Ouch. But the median 20 day RTH range is only 10.25, so not a very exciting market this year so far.

 

On a current note, delta is still way down on the day ... not the kind of day you generally want to try to be long, though that can all change. On the other hand, that move down to 35 took delta to new lows on the day by far, but we only got about 70% pullback in price. So, bids are strong enough at least to hold it above low.

 

What's the volume compared with the 20d median if you start the session from say 11am or 12pm EST?

Share this post


Link to post
Share on other sites
What's the volume compared with the 20d median if you start the session from say 11am or 12pm EST?

 

65% of median since about 11:45am. It was at this point that the volume went from being ahead of pace to behind pace. This does not take into account day of the week, however, so for a Friday we might be only 85% or so of median, just a guess there though.

Share this post


Link to post
Share on other sites
65% of median since about 11:45am. It was at this point that the volume went from being ahead of pace to behind pace. This does not take into account day of the week, however, so for a Friday we might be only 85% or so of median, just a guess there though.

 

change the session and see...

 

(maybe that's easier said than done)

Share this post


Link to post
Share on other sites
change the session and see...

 

(maybe that's easier said than done)

 

Yes it's a little easier said than done, at this moment anyway. IRT does not do median of day specific, only mean, and mean is statistically not as robust so I prefer median for these calculations. Either way, the exact number not that important, bottom line is it's a slow afternoon :)

Share this post


Link to post
Share on other sites

Just to keep things straight I am out of my last position..I should have taken the wife on a European Vacation instead...

 

I just looked out the window it is snowing like crazy..almost can't see across the street..maybe that's it!!! I couldn't see my screen :missy:

 

Regards,

 

Tom

Share this post


Link to post
Share on other sites
Just to keep things straight I am out of my last position..I should have taken the wife on a European Vacation instead...

 

I just looked out the window it is snowing like crazy..almost can't see across the street..maybe that's it!!! I couldn't see my screen :missy:

 

Regards,

 

Tom

 

Just don't take her to Greece! :rofl:

Share this post


Link to post
Share on other sites
Just don't take her to Greece! :rofl:

 

Oppa.. (I think) Music from Zorba The Greek playing here..going to crush some grapes, make some wine... and drink it all..:helloooo:

 

Thanks for a great week... Have a teriffic weekend...

 

Tom

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

    • QBTS D-Wave Quantum stock with a local breakout, good volume +235% at https://stockconsultant.com/?QBTS
    • PLAY Dave & Busters Entertainment stock, big bounce off the lower 24.48 double support area at https://stockconsultant.com/?PLAY
    • INO Inovio Pharmaceuticals stock, watch for a bottom breakout above 2.33 at https://stockconsultant.com/?INO
    • CADL Candel Therapeutics stock, watch for a range breakout, target 12 area, volume +82% at https://stockconsultant.com/?CADL
    • Date: 19th February 2025.   Is the DAX Overbought After Rising For 7 Weeks Straight?   The DAX rose by 20% in 2024, however, in 2025 so far the DAX has risen more than 15% in only 50 days. The DAX has risen for seven straight weeks, driven by rate cuts and strong earnings reports. Can the DAX maintain momentum or is the price overbought? DAX 40 - What’s Driving the Bullish Trend? Three factors are driving the price of the DAX higher. The first is the European Central Bank which has cut for 2 consecutive months and is likely to adjust a further 0.75% in 2025. The lower interest rates and expectations of further cuts are known to support the DAX due to higher consumer demand.     The second factor driving prices higher are the positive earnings data. SAP SE is the most influential stock and has risen by 18% so far this year. SAP’s latest quarterly earnings report saw the company beat revenue expectations by 2.60% and earnings by 1.40%. The second most influential stock for the DAX is Siemens AG which has risen almost 20% in 2025 so far. All of the seven most influential stocks have risen in value this year so far and only 17% of the whole DAX have declined this year so far. However, traders should note that not all companies within the DAX have made public their quarterly earnings reports. The third factor is the expectation that the Ukraine-Russia conflict will end or reach a ceasefire in the first half of the year. Traders should note that an end to the conflict is more crucial for European indices in comparison to Asian or US indices. This is due to the nature of Europe and European geopolitics. Is the German DAX Overbought? When analyzing the price movement the index is trading in the overbought zone on most oscillators and on most timeframes. However, price action and previous impulse waves indicate the price will not be overbought unless the price increases above 23,250EUR. However, the intrinsic value of the DAX will also depend on US tariffs. If Germany is able to avoid harsh US tariffs, German stocks may continue to increase higher as sentiment improves. However, harsh tariffs are likely to apply downward pressure on the index and increase the likelihood of being overbought in the short-to-medium term. If the price indeed declines, traders may first target the support level at $22,437.58, which will likely fall in line with the 75-period Moving Average. The main bullish breakout point is at the 22,724.30 mark. Tariffs on Foreign Cars A key risk for the DAX as mentioned above is US tariffs, particularly on cars. The DAX index includes Mercedes-Benz, Porsche AG, BMW, and Volkswagen. Total new cars sales in the US from these 4 companies make up almost 10% of the overall sales.     Donald Trump remained defiant despite warnings that his proposed trade war could disrupt the US economy, stating that his administration might impose tariffs of approximately 25% on foreign cars within weeks. He also announced that semiconductor chips and pharmaceuticals would soon face higher tariffs, speaking at a news conference on Tuesday. Key Takeaway Points: The DAX has surged over 15% in 2025, driven by ECB rate cuts, strong earnings, and optimism over the Ukraine conflict. SAP SE and Siemens AG are the top-performing stocks and 83% of the DAX has witnessed gains. However, some earnings reports are still pending. Despite trading in overbought territory, the index may continue rising unless it faces harsh US tariffs. Potential US tariffs on foreign cars pose a key risk, impacting major DAX-listed car makers. This includes Mercedes-Benz, Porsche AG, BMW, and Volkswagen. 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.
×
×
  • Create New...

Important Information

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