Hi guys! did you trade yesterday's eur/usd level just now? Very precise and quick reaction to my level
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DislikedHi guys! did you trade yesterday's eur/usd level just now? Very precise and quick reaction to my level {image}Ignored
Disliked{quote} Great trade, how did you set this up step by step please? I am looking at the Market profile at tradingView and do not see a corresponding rejection or TPO on that level. Thanks again.Ignored
Disliked{quote} I was based on market profile, price action and orderflow. This level isn't that easy to spot. It is more complicated one. {image}Ignored
Disliked{quote} just find the biggest volume and see the market's reaction there the bigger volume spike, the higher chance for successful trade. RIgnored
Disliked{quote} Thanks, that's it. Best thing to do when starting with market profile!Ignored
Disliked{quote} I checked your levels most of the times, and can recognize them, but I cannot be accurate like you. There is something else than my eyes cannot see. And I wish to learn.Ignored
Disliked{quote} Happy Holidays to you all! First i would like to thank Dale for giving us a different view of looking at Market data. But i think that eventually we expect him to spoon feed us trades when we can learn from him and do it ourselves. Teach a man how to fish and he will eat for life. So i have a couple of questions after reading a lot of pages on this post. Assuming we have futures data feed (which i do with TradingView) : 1.) How do we convert the data from futures to forex, especially the levels we trade at? 2.) How do we use the Market Profile...Ignored
Disliked{quote} We have to thank you for this great thread! Yeah the differences should be small, especially if someone is using the "bigger" brokers with a good data feed and higher timeframes. I was once comparing it and saw little differences here and there with the POC level or value area (Posted a screenshot) but if one keeps it in mind, then it should be fine {image}Ignored
DislikedYou can interpret market profile's volume as levels that professional money bought, or sold the pair you are watching, but volume only doesn't help to make profit you need more tools to achieve that like, market order flow order books professional traders are using. We can't have that.Ignored
Disliked{quote} 1. Easiest way to convert levels from futures to forex is to place 2 charts side by side and just see where on the chart the level is. Tha harder way is to calculate the pip difference between futures and forex. It is different little bit every day. Most when trades start trading with new futures contracts, the least difference is at the expiration date of futures. usd/jpy (6J) and usd/cad (6C) are reversed so it is more problematic there. Pip value isnt the same there. 2. The basics were already mentioned in this thread. The first step...Ignored
DislikedI get what you are saying, but obviously he has found an edge. And he also said that order book is visible using futures data. So if he can so we can we. My questions are pretty specific and the answers should guide us what to look out for when looking at the order flow and market profile. I hope that Dale can help me out here because I am able to see both order flow and market profile using FUTURES. Wouldn't you rather be putting forth input in this forum as he is, or just sitting back waiting for Dale to do all the work? Let's all contribute using...Ignored
Disliked{quote} May I ask you, how long have you been trading this way, using futures volume and trading fx ? Your profile says that you traded with automated algos, do you continue using automated robots?Ignored
Disliked{quote} Great answers! Hope your holidays were good. One more little detail, using the market profile, do you use it on the futures chart, or the forex chart.Ignored
DislikedI get what you are saying, but obviously he has found an edge. And he also said that order book is visible using futures data. So if he can so we can we. My questions are pretty specific and the answers should guide us what to look out for when looking at the order flow and market profile. I hope that Dale can help me out here because I am able to see both order flow and market profile using FUTURES. Wouldn't you rather be putting forth input in this forum as he is, or just sitting back waiting for Dale to do all the work? Let's all contribute using...Ignored
DislikedHi guys! did you trade yesterday's eur/usd level just now? Very precise and quick reaction to my levelIgnored
DislikedThere is US holiday today. Without the main liquidity players it is easier and cheaper to move the market. The markets could move strange or they won't move at all. I won't be trading the US session. It is safer (generally speaking). Enjoy your today's profits form aud/usd and usd/cad I will be doing some backtesting and relaxingIgnored