DislikedBandung, hate to be a nag but, think you can share the multicolored version for the larger profiles?
Or at least the code?
Ignored
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DislikedBandung, hate to be a nag but, think you can share the multicolored version for the larger profiles?
Or at least the code?
Ignored
Dislikedwell we did and the rally was strong and continued in the Asian Session...and there's some selling around an S&R level that I have ~4425....
Now we still have last Fridays VPOC at 4468, last week's VPOC at 4466 and the Monthly DPOC at 4443 and then the high at 4518, - the mauve box on my chart - so plenty of areas for a reversal......or will it break up to retest the top of the weekly channel and the 2010 high at 4578?....TWTIgnored
DislikedAgain my thanks to Bandung, Bilstein,Tgwhbb
With the new indicators and the addition of spread, rotation factor, vol., quality of close, I’ve been busy trying to visually set up my charts. Also at the beginning of the year I too began to record and keep data for MP analysis, unfortunately I didn’t have “spread, rotation factor, vol., quality of close(Thanx Bil), excess (tail) info” so now I’m also busy updating all my back data. During all this, I keep telling myself MP is a “Decision making tool”. And now that I have all this market...Ignored
DislikedGetting passed using MP as an indicator was difficult for me, lol
I work full-time so most of the week, the only information I have to work with is the end-of-day profile and data - this is why I keep a record. My method involves speculating as to who was dominant in the market for the day and how far are buyers and sellers willing to let prices go before one or the other loses steam. Primarily, I use the information to gauge directional performance:
[b]Was the day up or down?
Was today's volume higher or lower than yesterday's?
Was today's...Ignored
DislikedBilstein,
Do you have any xls template where you maintain all these results?Ignored
DislikedGetting passed using MP as an indicator was difficult for me, lol
I work full-time so most of the week, the only information I have to work with is the end-of-day profile and data - this is why I keep a record. My method involves speculating as to who was dominant in the market for the day and how far are buyers and sellers willing to let prices go before one or the other loses steam. Primarily, I use the information to gauge directional performance:
Was the day up or down?
Was today's volume higher or lower than yesterday's?
[b]Was...Ignored
DislikedNo worries, mate. I STILL have plenty of questions. There's always more we can learn from each other!
Tonight for example, I figured we'd rotate lower towards 1.4510 and possibly encounter responsive buying below value. So as we approached 1.4510, then 1.45 I said to my wife:
-"Babe, should I buy or sell the Euro?"
(Just trying to get her into what we do)
-"Uhh, is it up or down?"
-"Down a bit from the open during the Asia session"
(we we're at 1.4495)
-"Buy it?"
(she guesses)
I proceed to put in a limit order just a couple of...Ignored
Disliked... I would then place a series of limit orders down there (usually no more than 5) and risk approximately 1% of my account value on each limit order. The amount I risk varies dependent upon confidence in the price levels I'm choosing. If I have high levels of confidence that there will be responsive buying in one zone, I will risk less and spread that risk out onto the price levels I have LESS confidence in....Ignored