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  • #2,601
  • Feb 2, 2017 6:01pm Feb 2, 2017 6:01pm
Quoting rocky
YM 03-17 (233 Tick) 2_2_2017.jpg;2169969 {image}
Hi Rocky, once again nice trading. Can you please show the OFA for the zone where you would have taken the second trade. I'm just trying to train my eye to look for these imbalances on the SC Number Chart.
I'm also curious to know why you don't trade a larger number of contracts considering how consistent you are?
Final question. Do you regularly take trades on the YM / ES outside of the standard US session times? The reason I ask is that my timezone is not suited to the US session, so I'm looking at the various products that have good liquidity etc in the Europe session. I see that the volume in the ES and the YM is still quite good in the session prior to the US opening?
  • #2,602
  • Feb 2, 2017 7:12pm Feb 2, 2017 7:12pm
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  • #2,603
  • Edited Feb 3, 2017 5:17am Feb 2, 2017 9:42pm | Edited Feb 3, 2017 5:17am
Quoting rocky
YM 03-17 ( OFA 6_5 ) 2_2_2017.jpg;2170237 YM 03-17 ( OFA 6_5 ) 2_2_20171.jpg;2170239 YM 03-17 ( OFA 6_5 ) 2_2_20172.jpg;2170240 YM 03-17 ( OFA 6_5 ) 2_2_20174.jpg;2170245 YM 03-17 ( OFA 6_5 ) 2_2_20175.jpg;2170252 {image} {image} {image} {image} {image}
Thanks Rocky, your comments are very much appreciated. Apologies regarding the question about qty
Update: Just thinking about my earlier comment about contract size, and general comments since you started this thread. I admire your patience. If you had a $ for every similar question you would probably have made more money from this than trading!
  • #2,604
  • Feb 3, 2017 3:09am Feb 3, 2017 3:09am
Quoting rocky
YM 03-17 (233 Tick) 2_2_2017.jpg;2169969 {image}
Thx...yes the LVN along with structure only concern was trading into and a tad close to the VPOC!

19764 was the preferred area for long (the one that you took ) but I was nursing a short.

By the way regarding La Familia account.....you don't now this but I'm your long lost brotha from a different motha and am entitled to 0.00000000001%

Trade Well
It's a dirty job but someone's gotta do it!
  • #2,605
  • Feb 3, 2017 8:14am Feb 3, 2017 8:14am
Quoting dashfx1990
Harmonic, do you use the Pulling Stacking feature on the DOM within Sierra? I'm trying to get my head around how to read this, the documentation doesn't really help me to understand this. Any input appreciated. {image}
Update: ignore this, worked it out.
  • #2,606
  • Feb 3, 2017 9:34am Feb 3, 2017 9:34am
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  • #2,607
  • Feb 3, 2017 2:24pm Feb 3, 2017 2:24pm
Quoting rocky
YM 03-17 ( OFA 6_5 ) 2_2_2017.jpg;2170237 YM 03-17 ( OFA 6_5 ) 2_2_20171.jpg;2170239 YM 03-17 ( OFA 6_5 ) 2_2_20172.jpg;2170240 YM 03-17 ( OFA 6_5 ) 2_2_20174.jpg;2170245 YM 03-17 ( OFA 6_5 ) 2_2_20175.jpg;2170252 {image} {image} {image} {image} {image}
Hello Rocky,

Thank you ever so much for the recent posts. Very helpful. A question if I may on the YM order flow/tick chart you posted yesterday.
Fortunately I have the same OFA/Ninja package as you so easy for me to recreate your examples and ask questions straight on the chart.

I have attached the same example with my questions on my chart hope you don't mind me asking just here to learn! Basically just wondering how you determined that Supply turned demand zone as I would've thought the momentum sellers I highlighted on OFA were the origin of supply.

Thanks again!

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  • #2,608
  • Feb 3, 2017 2:35pm Feb 3, 2017 2:35pm
I didn't take this trade because I was watching gold instead which I ended up flat for the day. Here is the EU, is this what you're talking about with trade imbalance?

i.e. lots of buyers getting trapped, then sellers hitting their stops, then the seller "zone" becoming temporary supply? Where would you go short here?
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  • #2,609
  • Feb 3, 2017 5:11pm Feb 3, 2017 5:11pm
Quoting rocky
YM 03-17 (233 Tick) 2_3_2017.jpg;2171451 {image}
Nice trading. Low risk trades.

Trade well
It's a dirty job but someone's gotta do it!
  • #2,610
  • Feb 5, 2017 10:12am Feb 5, 2017 10:12am
Analysis of EU
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  • #2,611
  • Feb 6, 2017 10:17am Feb 6, 2017 10:17am
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  • #2,612
  • Edited 3:55pm Feb 6, 2017 3:18pm | Edited 3:55pm
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16:49 hrs. Looking at my profit log and looking at what I wrote on my chart didn't add up. Math mistake. It should read 3 contracts, Plus 12 ticks, 6 tick draw down and 1 contract, plus 9 ticks, 2 tick draw down for a total of plus 21 ticks on the ES, not 26 ticks.
  • #2,613
  • Feb 6, 2017 3:21pm Feb 6, 2017 3:21pm
Quoting rocky
ES 03-17 (6000 Volume) 2_6_2017.jpg;2175204 {image}
Hi Rocky, What are your - - - - - - - - - - zones created from?
  • #2,614
  • Feb 6, 2017 3:34pm Feb 6, 2017 3:34pm
Quoting Harmonic1976
{quote} Hi Rocky, What are your - - - - - - - - - - zones created from?
The Supply/Demand zones are from Nijacator, it was a free 3rd party add-on about 3 years ago. I use the indicator along with my zones I create. They are actually pretty accurate. Not sure if it's still free. Check with Nijacator. I'll still try and answer posted questions later. I've been gone most of the day and got home in time to make this ES trade.
  • #2,615
  • Feb 6, 2017 4:04pm Feb 6, 2017 4:04pm
Thanks Rocky.

Current analysis of EU, .786 is Area of Interest because of confluence.
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  • #2,616
  • Feb 6, 2017 8:12pm Feb 6, 2017 8:12pm
Quoting anatman0000
{quote} Hello Rocky, Thank you ever so much for the recent posts. Very helpful. A question if I may on the YM order flow/tick chart you posted yesterday. Fortunately I have the same OFA/Ninja package as you so easy for me to recreate your examples and ask questions straight on the chart. I have attached the same example with my questions on my chart hope you don't mind me asking just here to learn! Basically just wondering how you determined that Supply turned demand zone as I would've thought the momentum sellers I highlighted on OFA were the origin...
Anatman, The supply zone on the OFA chart was solely based on what I saw in the structure on the 233 tick chart. When PA enters my area of Interest It's then that I flip over to the Jigsaw tools/OFA charts for possible entries.
  • #2,617
  • Feb 6, 2017 8:21pm Feb 6, 2017 8:21pm
Quoting Harmonic1976
Thanks Rocky. Current analysis of EU, .786 is Area of Interest because of confluence. {image}

Harmonic, very nice structure, well placed Pitchfork. Look for iceberg orders hitting the Offer at your zone followed by large shorts entering the market. Also, make sure there's strong (Offer) Liquidity in the .786 fib zone. If there isn't any liquidity in that area then there's no ceiling to stop PA from moving higher. It's empty space therefor no resistance against PA to climb.

However, if there's strong Liquidity in your zone and it gets taken out by buyers then when PA retraces back into this previous (Offer) liquidity there's a high probability that this area will now be support. Look for iceberg orders hitting the Bid followed by large orders lifting the offer.
  • #2,618
  • Feb 6, 2017 9:06pm Feb 6, 2017 9:06pm
Not sure if I'll have time tomorrow to place any trades. Too many other commitments.
  • #2,619
  • Feb 6, 2017 11:23pm Feb 6, 2017 11:23pm
Quoting rocky
{quote} Harmonic, very nice structure, well placed Pitchfork. Look for iceberg orders hitting the Offer at your zone followed by large shorts entering the market. Also, make sure there's strong (Offer) Liquidity in the .786 fib zone. If there isn't any liquidity in that area then there's no ceiling to stop PA from moving higher. It's empty space therefor no resistance against PA to climb. However, if there's strong Liquidity in your zone and it gets taken out by buyers then when PA retraces back into this previous (Offer) liquidity there's a high...
Thank you, your feedback helps a lot!
  • #2,620
  • Feb 7, 2017 3:13am Feb 7, 2017 3:13am
Quoting Harmonic1976
{quote} Thank you, your feedback helps a lot!
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