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  • #8,841
  • Nov 8, 2018 12:01pm Nov 8, 2018 12:01pm
Quoting hilmy83
{quote} judging by your chart.i can bet with 90% confidence we trade almost the same way.. shhhhhhh
Almost.
  • #8,842
  • Nov 8, 2018 12:46pm Nov 8, 2018 12:46pm
Quoting hilmy83
{quote} my chart. looks busy as hell, but there's a wealth of information on it. {image}
Are those bollinger's set a different deviations?

Just curious
'in less than half an hour he made over 100 ticks'
  • #8,843
  • Nov 8, 2018 12:50pm Nov 8, 2018 12:50pm
Quoting onejester
{quote} Are those bollinger's set a different deviations? Just curious
Std deviation on vwap.... just with vwap and poc (and maybe daily pivot) swing trading is doable... the challenge is to match the scale with the account capacity to not over/under exposure to the market volatility.

Such levels are nicely respected when the market is not too chaotic
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Staying in my lane...
  • #8,844
  • Nov 8, 2018 1:04pm Nov 8, 2018 1:04pm
Quoting VEEFX
{quote} Std deviation on vwap.... just with vwap and poc (and maybe daily pivot) swing trading is doable... the challenge is to match the scale with the account capacity to not over/under exposure to the market volatility. Such levels are nicely respected when the market is not too chaotic {image}
Vee on your chart I see divergence in swings between es and nq at 12:14 @12:29 timewise
  • #8,845
  • Nov 8, 2018 1:06pm Nov 8, 2018 1:06pm
Quoting VEEFX
{quote} Std deviation on vwap.... just with vwap and poc (and maybe daily pivot) swing trading is doable... the challenge is to match the scale with the account capacity to not over/under exposure to the market volatility. Such levels are nicely respected when the market is not too chaotic {image}
Muchas gracias. Never looked at that side of it, but I guess it's whatever helps one contextualise what's going on.
'in less than half an hour he made over 100 ticks'
  • #8,846
  • Nov 8, 2018 1:10pm Nov 8, 2018 1:10pm
At 11:44 am nq has 2b pattern es 123 another correlation setup interesting
  • #8,847
  • Nov 8, 2018 1:31pm Nov 8, 2018 1:31pm
Quoting Divergence
At 11:44 am nq has 2b pattern es 123 another correlation setup interesting
right... that is why I am requesting someone to build this 123 and 2b visual indicator... more confluence, more moves to capture with high winrate and bigger RR :-
Staying in my lane...
  • #8,848
  • Nov 8, 2018 1:34pm Nov 8, 2018 1:34pm
If you see es in a 123 pattern and nq in 2b pattern why do you need an indicator. There is a HHHL LLLH indicator to spot them
  • #8,849
  • Nov 8, 2018 2:06pm Nov 8, 2018 2:06pm
Quoting Divergence
If you see es in a 123 pattern and nq in 2b pattern why do you need an indicator. There is a HHHL LLLH indicator to spot them
with 2 or 3 (if we want to include YM) we need signal/study to analyze if there is an added benefit
Staying in my lane...
  • #8,850
  • Nov 8, 2018 2:12pm Nov 8, 2018 2:12pm
Right off the bat is swing patterns (123/2b)
  • #8,851
  • Nov 8, 2018 9:31pm Nov 8, 2018 9:31pm
Quoting angus
{quote} See this: https://www.cmegroup.com/confluence/.../Market+Makers They provide best bid - best offer, liquidity etc.
I read this link one more time so thanks for sharing. Do we know who are all the authorized Market Makers on CME?
Staying in my lane...
  • #8,852
  • Nov 8, 2018 9:56pm Nov 8, 2018 9:56pm
Quoting VEEFX
{quote} I read this link one more time so thanks for sharing. Do we know who are all the authorized Market Makers on CME?
Here are some of them:

http://investor.cmegroup.com/investo...leaseID=159328

That article is from about fifteen years ago.
  • #8,853
  • Nov 8, 2018 10:35pm Nov 8, 2018 10:35pm
Quoting magnumfreak
Volume has its place in trading futures. Below is one of the charts I look at for NQ. It has two indicators on it. VWAP with standard deviation bands and order flow volume profile. The yellow line at the bottom of the screen that price just reacted to is yesterdays POC (Point of Control) it is the price that had the highest volume yesterday. The two blue horizontal lines are todays value area where 68% of all of the volume for today resides. The yellow line in between is todays current POC. The multi colored lines on the left are the volume profile...
thanks for sharing magnum. Curious what are your Std deviation band settings and what timeframe chart you got there ? I have noticed yesterday and today's vwap are respected quite often (even in spot fx but only for majors). Would you consider POC for volume to be similar to a daily pivot for price? I wonder how a dynamic fib between POC and VWAP would look like (dang, wearing my quant hat again which I am really trying to avoid at this stage)
Staying in my lane...
  • #8,854
  • Nov 8, 2018 10:39pm Nov 8, 2018 10:39pm
Quoting angus
{quote} Here are some of them: http://investor.cmegroup.com/investo...leaseID=159328 That article is from about fifteen years ago.
Thanks angus. So there are MMs in futures also who could take the opposite side of our trade and manipulate price to their advantage. It seems these guys are more like LQs (comparing with spot fx) who play their own tricks with price feeds. Perhaps more regulated so not as big a concern. but then you just never know :-
Staying in my lane...
  • #8,855
  • Nov 9, 2018 12:27am Nov 9, 2018 12:27am
Quoting VEEFX
{quote} thanks for sharing magnum. Curious what are your Std deviation band settings and what timeframe chart you got there ? I have noticed yesterday and today's vwap are respected quite often (even in spot fx but only for majors). Would you consider POC for volume to be similar to a daily pivot for price? I wonder how a dynamic fib between POC and VWAP would look like (dang, wearing my quant hat again which I am really trying to avoid at this stage)
The indicator lists the band parameters as "Standard Deviation Multipliers". They are set for 1, 2, 3 which is the default value. Not 100% sure how it does the calculations.

I usually keep the chart with VWAP and volume profile set on 5 minute. Mostly because it gives me a full view of today and part of the previous day. Since both are volume based calculations regardless of the time you have it set for the values will be the same.

I am a big fan of tick based charts but they have one serious drawback. Candles close at different times. When things are slow candle times are long but when things pick up they can get very short. In particular the biggest headache is when there are big orders coming through and you get 5-10 candles almost instantly. So, I now keep both on my screens. Tick based and time based. When things get going fast (i.e. market open) I focus on the time based charts. Early morning, like now, I look at tick based.
  • #8,856
  • Nov 9, 2018 6:39am Nov 9, 2018 6:39am
Good Day :-
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Staying in my lane...
  • #8,857
  • Nov 9, 2018 6:48am Nov 9, 2018 6:48am
Quoting VEEFX
Good Day :- {image}

Nice. Trading the breakout?
  • #8,858
  • Nov 9, 2018 6:49am Nov 9, 2018 6:49am
Quoting magnumfreak
{quote} Nice. Trading the breakout?
absolutely.
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Staying in my lane...
  • #8,859
  • Nov 9, 2018 6:52am Nov 9, 2018 6:52am
still on sim consistently hitting 100 plus ticks per day for past 2 weeks except yesterday -6 ticks.
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on a postive roll...
  • #8,860
  • Nov 9, 2018 6:58am Nov 9, 2018 6:58am
Quoting magnumfreak
{quote} Nice. Trading the breakout?
I tried the profile indicator on Sierra and these red circled "low volume" price levels are often revisited to "fill the hole". HAve you also noticed this? I am not sure what the technical term is for these red lined zones lol
Attached Image
Staying in my lane...
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