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

It will be interesting to see what happens here at 1400s ... in the order flow I see no reason yet (as of 11:06am EDT) to think the bulls are getting tired of buying these dips and then paying up.

Share this post


Link to post
Share on other sites
Just wanted to post a loss I just took, for learning purposes.

 

I was looking to buy 96s, and 96 tested to the tick after news. Moved up, but on weak volume, not very convincing. Pushed lower by 2 ticks, and while it was not much and volume support was there (bullish), the move back up above 96 did not look convincing to me. I shorted 97.00, and took a loss at 98.75 ... I'm a little pissed because my plan was to buy 96s, but I just didn't see the buying support I wanted, so I suppose the right course would have been to simply wait, not take a trade counter to my original intention. Just putting that out there.

 

Thanks...what makes this thread special is there is no fairy dust here..this is the real world of trading... Appreciate your candor..

Share this post


Link to post
Share on other sites

had a lovely $450 conversation this morning with Esignal's tech support staff, who informed me that although I had the correct symbol entered, for reasons unknown to them, the continouous contract (for the DAX) did not roll over.....and would I please (for "now") use the current front month...

 

This happens from time to time with Esignal, and I am wondering if any of you use the DAX feed with IRT? If so what is your experience....

 

Although I can get by without that data (I use it to confirm my ES entries), it sure makes my job easy when it is available.

 

Thanks

Steve

 

As a post script to my comment here is a chart showing the DAX providing a leading indication of a failure short at 99.50.....used to use IRT but my experience was not good....that was a while back....I would prefer not to change but I will consider it if this situation continues.

Thanks for the comment Josh

5aa710dce2e83_Failureshortat99_50.thumb.PNG.9745e9919d4c86b7bd93a1f0edef74e6.PNG

Edited by steve46

Share this post


Link to post
Share on other sites
Just wanted to post a loss I just took, for learning purposes.

 

I was looking to buy 96s, and 96 tested to the tick after news. Moved up, but on weak volume, not very convincing. Pushed lower by 2 ticks, and while it was not much and volume support was there (bullish), the move back up above 96 did not look convincing to me. I shorted 97.00, and took a loss at 98.75 ... I'm a little pissed because my plan was to buy 96s, but I just didn't see the buying support I wanted, so I suppose the right course would have been to simply wait, not take a trade counter to my original intention. Just putting that out there.

 

BTW Josh: I had the closing swing low at 95.00 also which is support and a low @ 94.50..that was my area to get long... but Mr. Market had other plans...

Share this post


Link to post
Share on other sites

Though the order flow was long, 99.75 seemed to really cut off the buying, and I am short 99.25 ... TICK started trending down up here, and maybe another tick to 1400.00 was a bit too obvious to actually do it? My target is 93, see yesterday's profile/vwap.

 

I could be dead wrong and this market may just keep buying up, but that's where I'm at.

Share this post


Link to post
Share on other sites
This happens from time to time with Esignal, and I am wondering if any of you use the DAX feed with IRT? If so what is your experience....

 

I do not steve, but most of us use IQFeed from DTN (IRT is just the program). They offer a free trial I am pretty sure, and after fee waivers it is less than $100 a month and quite good.

Share this post


Link to post
Share on other sites
Though the order flow was long, 99.75 seemed to really cut off the buying, and I am short 99.25 ... TICK started trending down up here, and maybe another tick to 1400.00 was a bit too obvious to actually do it? My target is 93, see yesterday's profile/vwap.

 

I could be dead wrong and this market may just keep buying up, but that's where I'm at.

 

Added 1 here at 98, and will look to scale one out at 96 .. but buyers still quite active on the bid, and even the offer the last few minutes, so we will just see...

 

 

So question now is are we going to bring in some more sellers or has that just flushed out some weaker longs? OTF not active by the looks of things.

 

That's just the question isn't it N ... you mentioned the interesting volume at the open ... quite heavy selling... could that be filling orders at what one who wants to be short would consider the best price of the day? (99-00)... possible that we have seen the high? We will have to wait and see!

Share this post


Link to post
Share on other sites

Yeah definitely. I think given the fact it's opex, I wouldn't say either way for definite. I'm not an options guy, but my thinking would be that short calls would be in trouble much above 1400. Although there might also be some delta hedging of long calls near to 1400. Would be useful if there's any options expert around to pitch in :)

Share this post


Link to post
Share on other sites
Josh, are you on rc3? My MP's are all messed up VA & POC.

 

I am still on c2 N ... if you post a pic of your profile for today I can compare it with mine.. currently my ETH profile shows 99.50 as the VPOC and the VAH, but my RTH has 98.50 as VPOC and 99.50 as VAH

Share this post


Link to post
Share on other sites

Times like this, I ask myself what the best course is. Only in hindsight will I know for sure. Until it breaks 1400s will it really break free of this balance, so for now this location, 99.50 to 00, is actually technically, for me, an ideal short opportunity. I am short at 98.75 still.

 

But location isn't much, if the direction is wrong. Delta tells me sellers are present. However, the market could not break back into yesterday's range. I wouldn't BUY here though, so why would I buy to cover my short? The market is rather neutral, but after finding demand below 96, the overall picture has looked pretty bullish. What do you all think about the picture?

Share this post


Link to post
Share on other sites
I am still on c2 N ... if you post a pic of your profile for today I can compare it with mine.. currently my ETH profile shows 99.50 as the VPOC and the VAH, but my RTH has 98.50 as VPOC and 99.50 as VAH

 

I was looking at a market profile chart not a volume profile and RTH- if you have one.

 

What do you all think about the picture?

 

I think this thing is wasting my time so I'm off to do a few other things!

Share this post


Link to post
Share on other sites

True COnfessions: I messed up my exit.. I had written 99.50 well that was the target but my order should have been at 99.25.. Fortunately I scaled 99.00 even but that is the kind of lack of focus that can turn shinola into #%&*... :crap:

 

Still holding partial with stop B/E... 97.75...clueless :missy:

Share this post


Link to post
Share on other sites
True COnfessions: I messed up my exit.. I had written 99.50 well that was the target but my order should have been at 99.25.. Fortunately I scaled 99.00 even but that is the kind of lack of focus that can turn shinola into #%&*... :crap:

 

Still holding partial with stop B/E... 97.75...clueless :missy:

 

UPdate: I "expect" to be stopped out on this trade..my stop is easy $... the key is the 97.00 IMHO... If that holds then I may go long again but ...... :2c:

 

12:28cst..Update to update: I am flat - took seveal ticks out...

 

 

I always look to position on counter-rotations during lunch and my B/E stop was in the way of the rotation so I am out..while currently there is no reason to exit other than the fact we didn't take the HOD out & based on my view of auction theory the stops are the magnet to do business... so rotation is next, IMHO... Of course I do run the risk this will hold but it seems very low probability I "suspect" 98.00 area is easy $... Let's see...

Edited by roztom

Share this post


Link to post
Share on other sites
Does this help?

 

.....

 

Thanks Josh. Was just something I had unchecked like a dumbass. Looked at another one I had saved and it displayed fine. I have the chart set up to show the MP and VP side by side as in your screenshot, but I have the VP showing VA too. As below.

 

attachment.php?attachmentid=28022&stc=1&d=1331919678

2012-03-16_2.jpg.84f7c05e328c6cbdbdc3476e1ebe4c96.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

    • HLF Herbalife stock, watch for a bull flag breakout above 9.02 at https://stockconsultant.com/?HLF
    • Date: 1st April 2025.   Will Gold’s Rally Hold Strong as New Trade Tariffs Take Effect Tomorrow?   Gold continues to increase in value for a sixth consecutive day and is trading more than 17% higher in 2025. Amid fear of higher inflation, a recession and the tariffs war escalating investors continue to invest into Gold pushing demand higher. The trade policy from April 2nd onwards continues to be a key factor for the whole market. Can Gold maintain its upward trend? Trade Policy From Tomorrow Onwards Starting as soon as tomorrow, a 25% tariff will be imposed on all passenger cars imported into the United States. While this White House policy is anticipated to negatively affect European industrial performance, it will also lead to higher transportation and maintenance costs for everyday American taxpayers. The negative impact expected on both the EU and US is one of the reasons investors continue to buy Gold. Additionally, last month, President Donald Trump announced reciprocal sanctions against any trade partners that impose import restrictions on US goods. Furthermore, tariffs on products from Canada and the EU could increase even more if they attempt to coordinate a response. Overall, investors continue to worry that new trade barriers will prompt retaliatory measures, particularly from China, the Eurozone, and Japan. Any retaliation is likely to escalate the trade conflict and prompt another reaction from the US. Experts at Goldman Sachs and other investment banks warn that this will lead to rising inflation and unemployment. They also caution that it could effectively halt economic growth in the US.   XAUUSD 1-Hour Chart   The Weakness In The US Dollar Another factor which is allowing the price of XAUUSD to increase in value is the US Dollar which has been unable to maintain any bullish momentum. Despite last week’s Core PCE Price Index rising to its highest level since February 2024, the US Dollar has been unable to see any significant rise in value. Due to the US Dollar and Gold's inverse correlation, the price of Gold is benefiting from the Dollar weakness. Investors worry that new trade barriers will prompt retaliatory measures from China, the Eurozone, and Japan, potentially escalating the conflict. Experts at The Goldman Sachs Group Inc. believe that such actions by the US administration will drive rising inflation and unemployment while effectively halting economic growth in the country. Can Gold Maintain Momentum? When it comes to technical analysis, the price of Gold is not trading at a price where oscillators are indicating the instrument is overbought. The Relative Strength Index currently trades at 68.88, outside of the overbought area, since Gold’s price fell 0.65% during this morning’s session. However, even with this decline, the price still remains 0.40% higher than the day’s open price. In terms of fundamental analysis, there continues to be plenty of factors indicating the price could continue to rise. However, the price movement of the week will also partially depend on the employment data from the US. The US is due to release the JOLTS Job Vacancies for February this afternoon, the ADP Non-Farm Employment Change tomorrow, and the NFP Change and Unemployment Rate on Friday. If all data reads higher than expectations, investors may look to sell to lock in profits at the high price. Key Takeaway Points: Gold’s Rally Continues – Up 17% in 2025 as investors seek safety from inflation, recession fears, and trade tensions. Trade War Impact – New US tariffs and potential retaliation from China, the EU, and Japan drive uncertainty, boosting Gold demand. Weak US Dollar – The Dollar’s struggle supports Gold’s rise due to their inverse correlation. Gold’s Outlook – Uptrend may continue, but US jobs data could trigger profit-taking. 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.
    • Date: 31st March 2025.   Trump Confirms Tariffs on All Countries, Sending Stocks Lower.   The NASDAQ continues to trade lower due to the US confirming the latest tariffs will be on all countries. In addition to this, bearish volatility also is largely due to the higher inflation data from Friday. The NASDAQ declines to its lowest price since September 11th 2024. Core PCE Price Index - Inflation Increases Again! The PCE Price Index read 2.5% aligning with expert forecasts not triggering any alarm bells. However, the Core PCE Price Index rose from 0.3% to 0.4% MoM and from 2.7% to 2.8% YoY, signalling growing inflationary pressure. This increases the likelihood that the Federal Reserve will maintain elevated interest rates for an extended period. The NASDAQ fell 2.60% due to the higher inflation reading which is known to pressure the stock market due to pressure on consumer demand and a more hawkish Federal Reserve. Boston Fed President Susan Collins recently commented that tariffs could drive up inflation, though the long-term impact remains uncertain. She told journalists that a short-term spike is the most probable outcome but believes the current pause in monetary policy adjustments is appropriate given the prevailing uncertainties. Although, certain investment banks such as JP Morgan actually believe the Federal Reserve will be forced into cutting rates. This is due to expectations that the economy will struggle under the new trade policy. For example, JP Morgan expects the Federal Reserve to delay rate cuts but will quickly cut towards the end of 2025. Market Risk Appetite Takes a Hit! A big factor for the day is the drop in the risk appetite of investors. This can be seen from the VIX which is up almost 6%, Gold which is trading 1.30% higher and the Japanese Yen which is the day’s best performing currency. Most safe haven assets, bar the US Dollar, increase in value. It is also worth noting that all indices are decreasing in value during this morning's Asian session with the Nikkei225 and NASDAQ witnessing the strongest decline. Previously the stock market rose in value as investors heard rumours that tariffs would only be on certain countries. This bullish swing occurred between March 14th and 25th. Over the weekend, President Donald Trump indicated that the upcoming tariffs would apply to all countries, not just those with the largest trade imbalances with the US. NASDAQ - Technical Analysis In terms of technical analysis, the NASDAQ continues to obtain indications that sellers control the price action. The price opens on a bearish price gap measuring 0.30% and trades below all Moving Averages on all timeframes. The NASDAQ also trades below the VWAP and almost 100% of the most influential components (stocks) are declining in value.     The next significant support level is at $18,313, and the resistance level stands at $20,367.95. Key Takeaway Points: NASDAQ falls to its lowest since September 2024 as the US confirms tariffs on all countries, adding to inflation concerns. Core PCE inflation rises to 0.4% MoM and 2.8% YoY, increasing the likelihood of prolonged high interest rates. Investor risk appetite drops as VIX jumps 6%, gold gains 1.3%, and safe-haven assets outperform. NASDAQ shows strong bearish momentum, trading below key technical levels with support at $18,313 and resistance at $20,367.95. 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.
    • PM Philip Morris stock, top of range breakout at https://stockconsultant.com/?PM
    • EXC Exelon stock, nice range breakout at https://stockconsultant.com/?EXC
×
×
  • Create New...

Important Information

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