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Plan the Trade

  • #1,041
  • Jun 27, 2017 2:17pm Jun 27, 2017 2:17pm
When trading after the first hour it's grab grab grab accumulate accumulate accumulate
  • #1,042
  • Jun 28, 2017 6:28am Jun 28, 2017 6:28am
4 different heads of central banks are speaking at 9:30 this morning....tread lightly this first hour. May not have any effect....or it might. ;-)
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #1,043
  • Jun 28, 2017 7:36am Jun 28, 2017 7:36am
Quoting capstone
4 different heads of central banks are speaking at 9:30 this morning....tread lightly this first hour. May not have any effect....or it might. ;-)
pre mkt vol high as well .. could be volatile session
Become the casino
  • #1,044
  • Jun 28, 2017 7:48am Jun 28, 2017 7:48am
Does anyone know how to lock in the trendlines we draw? Mine always move with every new bar and it's frustrating to continually have to readjust them in a fast moving morning session. I've tried to right-click and choose lock drawing, but that does not work.
  • #1,045
  • Jun 28, 2017 8:51am Jun 28, 2017 8:51am
..think you might have to 'anchor' it to the candles, rather than just locking..don't know for sure though.
  • #1,046
  • Jun 28, 2017 9:28am Jun 28, 2017 9:28am
Hello, NQ people.... a frenetic first 20 mins or so throwing coins into the bucket, just one lonesome lot at a time :

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Stats :

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Some nice clean & informative charts on this thread.
  • #1,047
  • Jun 28, 2017 9:28am Jun 28, 2017 9:28am
Quoting marinecorps
Does anyone know how to lock in the trendlines we draw? Mine always move with every new bar and it's frustrating to continually have to readjust them in a fast moving morning session. I've tried to right-click and choose lock drawing, but that does not work.
That problem arises because when using volume bars you don't have a constant linear time scale so your second anchor point is sometimes sort of "floating". The way to get round that is to make sure your trend line doesn't get anchored to a point outside of the most recent printed bar. The best way to do that is to rather use the "Ray" tool and make sure that both anchor points are inside the area of printed bars. Hope that makes sense.
  • #1,048
  • Jun 28, 2017 9:40am Jun 28, 2017 9:40am
When putting them on they have to be at quarters then right click on line and lock
  • #1,049
  • Jun 28, 2017 9:44am Jun 28, 2017 9:44am
Quoting Divergence
When putting them on they have to be at quarters then right click on line and lock
What does "at quarters" mean?
  • #1,050
  • Jun 28, 2017 9:47am Jun 28, 2017 9:47am
.25 .50 .75 .00
  • #1,051
  • Jun 28, 2017 10:39am Jun 28, 2017 10:39am
Quoting angus
{quote} That problem arises because when using volume bars you don't have a constant linear time scale so your second anchor point is sometimes sort of "floating". The way to get round that is to make sure your trend line doesn't get anchored to a point outside of the most recent printed bar. The best way to do that is to rather use the "Ray" tool and make sure that both anchor points are inside the area of printed bars. Hope that makes sense.
Thanks. I just used the ray and made sure both anchors were inside the printed bars and that works.
  • #1,052
  • Jun 29, 2017 7:55am Jun 29, 2017 7:55am
For the time being Market Profile isn't for me but might revisit in the future. The exercise of learning more about it and trying it re-adjusted how I approach each session. Good trading chaps.
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  • #1,053
  • Jun 29, 2017 9:07am Jun 29, 2017 9:07am
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GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #1,054
  • Jun 29, 2017 9:38am Jun 29, 2017 9:38am
Quoting Noeyedear
For the time being Market Profile isn't for me but might revisit in the future. The exercise of learning more about it and trying it re-adjusted how I approach each session. Good trading chaps. {image}
it does take a little getting use to but sometimes we just over complicate it. The levels are s and r sometimes s and d is there to. I use those levels as s and r and take setups at them nothing more nothing less today was a great day
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  • #1,055
  • Jun 29, 2017 10:02am Jun 29, 2017 10:02am
Its nice when you get 2 levels 7 points away from each other it makes for nice targets and entries like the 92 and 00 area
  • #1,056
  • Jun 29, 2017 11:49am Jun 29, 2017 11:49am
great work H .. i traded off yesterday's vvl at 5690.25(rather than hvn at 5692.75). also found valley high from yesterday at 5710.75 to pb to:

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Become the casino
  • #1,057
  • Jun 29, 2017 11:54am Jun 29, 2017 11:54am
couldn't resist for +10:

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Become the casino
  • #1,058
  • Jun 29, 2017 1:44pm Jun 29, 2017 1:44pm
Lately I have just been using tpo and not volume based levels
  • #1,059
  • Edited 6:15am Jun 30, 2017 5:47am | Edited 6:15am
Quoting Divergence
Lately I have just been using tpo and not volume based levels
I've been having more thoughts about that lately H, I was going to ask if anyone had any thoughts about changing the profiles time limits to purely within normal trading hours.

For the simple reason that TPOC is often dictated by time spent doing nothing out of hours in low volume trade, this is not indicative of where the big boys are buying or selling... However, it would make sense to me that by using purely the volume based profile lines, we then get the bigger pricture of where value really is or buying/selling is meaningful, as dictated by the mainstream trading during US time (afterall, this is the US tech market!)

I'm still going to leave my profiles with left and right (time and volume) information and try to label my profiles accordingly.

I just noticed something interesting while doing some labeling a moment ago. I recently added the open and close highlights (US time) and from that i add a 'gap close' line according to price at 16:00. For two days running it has also been exactly VPOC. What's that all about?!

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GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #1,060
  • Jun 30, 2017 5:55am Jun 30, 2017 5:55am
I kind of miss my IG charts for simplicity of panning out to see the bigger picture. I stopped subscribing to them last month as the transition over to futures takes place!

I did increase the days to load on my profile chart earlier and it's interesting to me to view it with an EW approach (as i would normally), but using MP instead;

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With all the crossovers this week, it would suggest an expanding ending diagonal C wave.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
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