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  • #8,821
  • May 8, 2017 11:08am May 8, 2017 11:08am
Quoting friska
{quote} hi Matomi! right (i've to study this 2b..) btw future dax 15min + tick distr. If it may be of interest {image}
Is this a type of Market Profile?
Cut your Losers short and let your Winners run.
  • #8,822
  • May 8, 2017 11:10am May 8, 2017 11:10am
Quoting friska
{quote} hi Matomi! right (i've to study this 2b..) btw future dax 15min + tick distr. If it may be of interest {image}
Nice to see you here again .

Edit: Ooops, you were first with that 50% and 161,8% ! Sorry for copyright then .
  • #8,823
  • May 8, 2017 11:13am May 8, 2017 11:13am
Quoting dee50
{quote} Hi there good to see you, although I have seen you lurking on THE other thread, how do you do volume analysis in the Forex market, I know they say that the volume shown with each broker is "Representative" but I can not see how, each broker has a different number of clients, where as Futures have one centralised exchange. Even if you trade Forex via Futures e.g 6E /eurusd you are only referencing the Futures volume not both.
Hi Master!! it's my pleasure!!
glad to write with you again!

Yes some time i look few other 3d but not but not actively for some time..There is always to learn by observing..

btw
i think also no volume on forex. Your speech is perfectly right, And I also have doubts about the cfd's
but now I work on Eurex/idem market (futures market).. so i have real volumes or tick distribution.
so I may play with range bars and analysys on cfd, but I keep working on eurex prices and enviroment..
nescentia necat
  • #8,824
  • May 8, 2017 11:15am May 8, 2017 11:15am
Quoting Matomi
{quote} Nice to see you here again . Edit: Ooops, you were first with that 50% and 161,8% ! Sorry for copyright then .
hahaha
plasure is mine Matomi!!
nescentia necat
  • #8,825
  • May 8, 2017 11:15am May 8, 2017 11:15am
Quoting Matomi
{quote} Good one And I found this stuff, too: {image}
Yes. According to the rules of the 123, a pullback to the 50% should go to the161.8 - 200, a pullback to the 38.2 should go to the 200, a pullback to the 61.8 should go to the 127 - 161.8. BUT what I have noticed is that for some time now, that is not working so the only time I am using them as clear targets is if there is confluence confirming the level. So if the pullback is to the 50% which indicates a move above the 161.8% but there is confluence at say the 127% then I will target that and just curse if it goes upto the 200%.
Cut your Losers short and let your Winners run.
  • #8,826
  • May 8, 2017 11:16am May 8, 2017 11:16am
Quoting dee50
{quote} Is this a type of Market Profile?
yes, quite similar but different. is a tick distribution module, on prorealtime (very similar) platform
nescentia necat
  • #8,827
  • May 8, 2017 11:25am May 8, 2017 11:25am
Quoting dee50
{quote} Yes. According to the rules of the 123, a pullback to the 50% should go to the161.8 - 200, a pullback to the 38.2 should go to the 200, a pullback to the 61.8 should go to the 127 - 161.8. BUT what I have noticed is that for some time now, that is not working so the only time I am using them as clear targets is if there is confluence confirming the level. So if the pullback is to the 50% which indicates a move above the 161.8% but there is confluence at say the 127% then I will target that and just curse if it goes upto the 200%.
Exactly, without confirmation by other signals it's a bit daring to take it seriously.
  • #8,828
  • May 8, 2017 11:33am May 8, 2017 11:33am
Quoting friska
{quote} yes, quite similar. is a tick distribution module, on prorealtime (very similar) platform
So if I am seeing this correctly there are singles to be filled above up to 12760.
Cut your Losers short and let your Winners run.
  • #8,829
  • May 8, 2017 12:01pm May 8, 2017 12:01pm
Quoting dee50
{quote} So if I am seeing this correctly there are singles to be filled above up to 12760.
it's a quite different analysys with tick distr. Or at least that on which I focus.
Market profile is different from Volume profile, that is different from tick distribution.
chart look quite similar but the structure and the method is different.
Market p. is time related. fixed time x contract exchange.
Volume p. is not time related but only price/contract/amount related.
Tick distribution is price/contract related but not with contract amount. increase only +1 regardless of the amount of contracts traded.
(it's quite bit difficult to explain)
so I try to read where the price back and where are congestion zones. like today zones in the chart i postd.
if you see, these zones are similar to a bell-
inside a bell there are to many forces to many contracts, may be price balance so I can make my own reflections,
when the price go near the edges of the bells I start to be careful and look for an interesting entry, waiting for a possible price accelleration due to a smaller price / volume exchange, reading the book and always in agreement with wvap, demark, Emas, pivot, psar, S/R, fibo etc. and so on
It is a bit complex to explain but I hope it has been a bit clear..
so I don't use this for price projection or similar
nescentia necat
  • #8,830
  • May 8, 2017 12:15pm May 8, 2017 12:15pm
Quoting friska
{quote} it's a quite different analysys with tick distr. Or at least that on which I focus. Market profile is different from Volume profile, that is different from tick distribution. chart look quite similar but the structure and the method is different. Market p. is time related. fixed time x contract exchange. Volume p. is not time related but only price/contract/amount related. Tick distribution is price/contract related but not with contract amount. increase only +1 regardless of the amount of contracts traded. (it's quite bit difficult to explain)...
I understand perfectly.. A tick in forex is a single movement of price, a tick in Futures can either be a single movement of price, a sub division of a Point, a single transaction or a single contract it all depends on the instrument and or the method of displaying price or the method of analysis. It is all perfectly clear. As I trade Futures as well I know exactly what you mean.
Cut your Losers short and let your Winners run.
  • #8,831
  • May 8, 2017 12:17pm May 8, 2017 12:17pm
Got to go now, I am cooking supper, things have already boiled over once Lentils all over the cooker top, what a mess.
CU 2morrow.
Cut your Losers short and let your Winners run.
  • #8,832
  • May 8, 2017 12:26pm May 8, 2017 12:26pm
Quoting dee50
{quote} I understand perfectly.. A tick in forex is a single movement of price, a tick in Futures can either be a single movement of price, a sub division of a Point, a single transaction or a single contract it all depends on the instrument and or the method of displaying price or the method of analysis. It is all perfectly clear. As I trade Futures as well I know exactly what you mean.
hahaha
is a bit of a mess to explain but I knew you would have understood me..
see you all tomorrow
nescentia necat
  • #8,833
  • May 8, 2017 7:23pm May 8, 2017 7:23pm
Quoting dee50
{quote} I was going to lend you my ladder this morning, I thought you might be able to use it to get out of the hole but now I do not think it is big enough, not even fully extended, the hole just keeps getting deeper. {image}
Tell me about it lol well I have dedicated a small amount to it, so to hell or high water
Read in between the price!!!
  • #8,834
  • May 9, 2017 2:42am May 9, 2017 2:42am
GER30 +10+28. Opening gambit. I was at the table for the DAX open, singles above with the 50% of Yesterdays Hi Lo all the Oscillators above their 50 lines, rising trendline. I decided to put in another one but my entry was a bit premature i nearly pulled the plug for a BE but I had got in right on the BRN so I decided to hold for the bounce off that, it worked out! Took 10 off the second lot to put some thing in the pot, let the first entry run. It looked like the Cash open added some more momentum but a 2B + Div just under the 50% was a warning that I was not going to ignore.
There is the rest of the day to get the pips that the market has for me.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+10+28 090517.png Size: 43 KB
Cut your Losers short and let your Winners run.
  • #8,835
  • May 9, 2017 2:43am May 9, 2017 2:43am
GM all
first entries on dax
Attached Image (click to enlarge)
Click to Enlarge Name: daxi.PNG Size: 31 KB


edit: haha ook
nescentia necat
  • #8,836
  • May 9, 2017 2:59am May 9, 2017 2:59am
GER30 +19. One more. Coming to the end of the Opening hour, looks like a typical 36 pip opening range, Bottom of the range BRN 12700 top of the range 12736, now we will probably go into creeping sickness mode!
Get em while they are hot! Im not holding on to trades to see if they run, taking the money I need to eat.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +19 090517.png Size: 48 KB
Cut your Losers short and let your Winners run.
  • #8,837
  • May 9, 2017 3:05am May 9, 2017 3:05am
Quoting dee50
GER30 +19. One more. Coming to the end of the Opening hour, looks like a typical 36 pip opening range, Bottom of the range BRN 12700 top of the range 12736, now we will probably go into creeping sickness mode! Get em while they are hot! Im not holding on to trades to see if they run, taking the money I need to eat. {image}
nescentia necat
  • #8,838
  • May 9, 2017 3:07am May 9, 2017 3:07am
Quoting friska
GM all first entries on dax {image} edit: haha ook
Íf you could post a little earlier then I would not have to think about my entries, just follow yours.

try this Range Predictor, it works better than the old one and it automatically detects if it is Range or Renko
Attached File(s)
File Type: mq4 range_predictor.mq4   6 KB | 550 downloads
Cut your Losers short and let your Winners run.
  • #8,839
  • May 9, 2017 3:12am May 9, 2017 3:12am
tick distribution yesterday today
volume support zone
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2017-05-09 alle 10.08.29 AM.png Size: 26 KB
nescentia necat
  • #8,840
  • May 9, 2017 3:16am May 9, 2017 3:16am
Quoting dee50
{quote} f you could post a little earlier then I would not have to think about my entries, just follow yours. try this Range Predictor, it works better than the old one and it automatically detects if it is Range or Renko {file}
haha for me the same my friend
But I see that things have not changed. You always have a brilliant touch in your entries

thx for the indy
nescentia necat
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