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  • #1,741
  • Aug 22, 2017 10:24am Aug 22, 2017 10:24am
What a trade this was, 123 trigger and retrace, clean off of yesterday's HOD extreme;

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  • #1,742
  • Aug 22, 2017 10:27am Aug 22, 2017 10:27am
You must be in a lower tick chart like 133
  • #1,743
  • Aug 22, 2017 10:43am Aug 22, 2017 10:43am
Quoting Divergence
You must be in a lower tick chart like 133
Yep - 233 in fact
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  • #1,744
  • Aug 23, 2017 5:28am Aug 23, 2017 5:28am
Hi guys. I'm new to the forum but I have read few of the topics. I have to thank also Harold for his helpful advice and videos.
I just read Markets in Profile (Dalton) and I'm looking for more resources (more practical I'd say) for market profile. If you could suggest something I'd be grateful.
Also regarding the way you trade I see that you take 1-2-3 pullbacks in levels of interest. But in some charts you post I see that you have entered right at some level.
So I suppose that you also use limit orders (blindly) when market reaches a level (let's say a poc)? If this is the case how do you know that the market will react from the specific level? (I mean if that's the case someone could enter limit orders in any level). What am I missing here?

Thanks for all the charts you post. It's a great help.
  • #1,745
  • Edited 6:59am Aug 23, 2017 6:43am | Edited 6:59am
Quoting siju
Hi guys. I'm new to the forum but I have read few of the topics. I have to thank also Harold for his helpful advice and videos. I just read Markets in Profile (Dalton) and I'm looking for more resources (more practical I'd say) for market profile. If you could suggest something I'd be grateful. Also regarding the way you trade I see that you take 1-2-3 pullbacks in levels of interest. But in some charts you post I see that you have entered right at some level. So I suppose that you also use limit orders (blindly) when market reaches a level (let's...
Hi Siju I have looked at loads of videos couldn't understand them but then again I ain't that smart. There are loads of ways to use MP I look at them as support and resistance areas. I use limit orders at poc hvn extremes it is important to watch price action also there is no 100% in any method but all you need to be is right 70+% of the time hope this helps
  • #1,746
  • Aug 23, 2017 7:13am Aug 23, 2017 7:13am
+31 that's enough for a weds:

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Become the casino
  • #1,747
  • Aug 23, 2017 7:29am Aug 23, 2017 7:29am
Trading 30 minutes nice going ras
  • #1,748
  • Aug 23, 2017 12:11pm Aug 23, 2017 12:11pm
Quoting Divergence
Trading 30 minutes nice going ras
Yes -he will be assimilated H
every Saint has a past. Every Sinner has a Future
  • #1,749
  • Aug 24, 2017 1:47am Aug 24, 2017 1:47am
Quoting Divergence
{quote} Hi Siju I have looked at loads of videos couldn't understand them but then again I ain't that smart. There are loads of ways to use MP I look at them as support and resistance areas. I use limit orders at poc hvn extremes it is important to watch price action also there is no 100% in any method but all you need to be is right 70+% of the time hope this helps

Thank you very much Harold. I've understood that you use MP as support/resistance. The next step is to understand when I should put a limit order to enter "blindly" at a specific level and when I should wait to watch the price action near this level and then decide what to do.
  • #1,750
  • Aug 24, 2017 6:10am Aug 24, 2017 6:10am
Levels for today. The short at 8:25 at 5871 was a perfect trade, but I wasn't at the computer. I like to take a pre-market set-up when one works out just to get a jump start.
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  • #1,751
  • Aug 24, 2017 7:05am Aug 24, 2017 7:05am
Lots of trades. Going flat on the day. Try to step away when up early. Trading 1 contract too for now. Bad day yesterday violating numerous rules and failing bad. Need to control the greed. I'm usually up almost everyday at some point, but greed always seems to kick in and that feeling of being invincible. As soon as that happens, the other market participants start taking it back. Gotta always be focused in the zone and your best game.
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  • #1,752
  • Aug 24, 2017 7:13am Aug 24, 2017 7:13am
Been using some bigger picture trendlines lately too. Mostly trendlines that go back just the last couple days or week. Price action at these trendlines combined with a level seems to provide opportunity everytime. I'm noticing the smaller trendlines give false signals alot and not as reliable, but the bigger ones with the levels are pretty good.

You still have to get in and out quickly because you never know when the TL will hold, but it's usually good for the bounce.
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  • #1,753
  • Aug 24, 2017 7:36am Aug 24, 2017 7:36am
-14:

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  • #1,754
  • Aug 24, 2017 7:49am Aug 24, 2017 7:49am
not a bad day
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  • #1,755
  • Aug 24, 2017 7:54am Aug 24, 2017 7:54am
ras I don't like using other days VH or VL lines they are just standard deviation for that profile not volume information I use extremes and poc valleys hvn if I need them just use the day befores profile to trade today and if goes beyond then use the above. also when market opens are we in value or out of value is first question. if out of value are we continueing to drive away today it did a little but formed 2b so I didn't take VH so the goal was a gap fill which it did
  • #1,756
  • Aug 24, 2017 7:55am Aug 24, 2017 7:55am
got 15 back .. flat for day:

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Become the casino
  • #1,757
  • Aug 24, 2017 7:58am Aug 24, 2017 7:58am
nice 123 break pullback
  • #1,758
  • Aug 24, 2017 7:59am Aug 24, 2017 7:59am
Quoting Divergence
ras I don't like using other days VH or VL lines they are just standard deviation for that profile not volume information I use extremes and poc valleys hvn if I need them just use the day befores profile to trade today and if goes beyond then use the above. also when market opens are we in value or out of value is first question. if out of value are we continueing to drive away today it did a little but formed 2b so I didn't take VH so the goal was a gap fill which it did
i understand thanks h
Become the casino
  • #1,759
  • Aug 24, 2017 8:03am Aug 24, 2017 8:03am
Quoting Divergence
ras I don't like using other days VH or VL lines they are just standard deviation for that profile not volume information I use extremes and poc valleys hvn if I need them just use the day befores profile to trade today and if goes beyond then use the above. also when market opens are we in value or out of value is first question. if out of value are we continueing to drive away today it did a little but formed 2b so I didn't take VH so the goal was a gap fill which it did
Good info. I use alot of lines and that's probably why I'm always grabbing a few ticks versus going for the larger grabs of 15 or 20+. If I remove the other VH/VL from previous days, that gives more room for targets to run. I just don't do well to hold for those longer targets. I like to get out as soon as there is chop or stalling which is probably just my mental way of wanting to get in and out even if I miss the bigger moves.
  • #1,760
  • Aug 24, 2017 8:21am Aug 24, 2017 8:21am
Quoting marinecorps
{quote} Good info. I use alot of lines and that's probably why I'm always grabbing a few ticks versus going for the larger grabs of 15 or 20+. If I remove the other VH/VL from previous days, that gives more room for targets to run. I just don't do well to hold for those longer targets. I like to get out as soon as there is chop or stalling which is probably just my mental way of wanting to get in and out even if I miss the bigger moves.
to many lines gives to many questions THE VH VL from yesterdays profile can be used after it takes it out and pullback to it but using them from other days imop has no real meaning they are not volume related
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