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Plan the Trade

  • #861
  • Jun 12, 2017 6:46am Jun 12, 2017 6:46am
New to TPO and NQ and have been following Divergence's journey (and others) over the last year or so. I'm UK based so took a look at the pre-market. Forgive me using the BB% as a 'stabalizer'.
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  • #862
  • Jun 12, 2017 8:48am Jun 12, 2017 8:48am
Wow this was the quickest session of my career 3 minutes of trading 110 ticks 2 trades. OK here was the scenario Fridays profile was completely not usable based on major selloff. market opened way below value so my mindset was just trade the structure and take pullbacks 2bs or 123 back into downtrend and that's what I did we had a 123 that I took on the break and then I got a pullback. The volume was extremely high going in at almost 100000
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  • #863
  • Jun 12, 2017 9:08am Jun 12, 2017 9:08am
volume approaching 300000 200000 contracts put on in 35 minutes
  • #864
  • Jun 12, 2017 9:11am Jun 12, 2017 9:11am
Quoting Divergence
volume approaching 300000 200000 contracts put on in 35 minutes
Whats the average 1st hour volume and daily volume that you see?
  • #865
  • Jun 12, 2017 9:14am Jun 12, 2017 9:14am
Quoting marinecorps
{quote} Whats the average 1st hour volume and daily volume that you see?
don't understand question the norm or actual today
  • #866
  • Jun 12, 2017 9:22am Jun 12, 2017 9:22am
Quoting Divergence
{quote} don't understand question the norm or actual today
The norm that you see if you track it.
  • #867
  • Jun 12, 2017 9:23am Jun 12, 2017 9:23am
when its slow the volume is less than 20000 before open when its not slow above 30000 so if I see the latter and we are out of fair value I am thinking institution trading
  • #868
  • Jun 12, 2017 9:26am Jun 12, 2017 9:26am
Quoting Divergence
Wow this was the quickest session of my career 3 minutes of trading 110 ticks 2 trades. OK here was the scenario Fridays profile was completely not usable based on major selloff. market opened way below value so my mindset was just trade the structure and take pullbacks 2bs or 123 back into downtrend and that's what I did we had a 123 that I took on the break and then I got a pullback. The volume was extremely high going in at almost 100000 {image}
nice trading. I would just the screen down! That's a great day. Citi downgraded its outlook on Apple iPhone 8 sales which pushed price back to lows again with the momentum from Friday I'm guessing.
  • #869
  • Jun 12, 2017 9:31am Jun 12, 2017 9:31am
Quoting marinecorps
{quote} nice trading. I would just the screen down! That's a great day. Citi downgraded its outlook on Apple iPhone 8 sales which pushed price back to lows again with the momentum from Friday I'm guessing.
just prior to open I read that also so since we were out of value and that piece of info was on the table I traded the pa 123 and pullback and since I saw how fast market was moving and how quickly I grabbed 110 ticks I just shut it down till tomorrow
  • #870
  • Jun 12, 2017 11:44am Jun 12, 2017 11:44am
top work Harold .. i can't remember the rule for 2b/123 trades .. is it the entry has to be given by the candle that sets the 3 point, e.g

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  • #871
  • Jun 12, 2017 11:48am Jun 12, 2017 11:48am
or was it entry must be given 4 candles or less after 2/2b candle otherwise discard signal?
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  • #872
  • Jun 12, 2017 12:34pm Jun 12, 2017 12:34pm
Waited until 5 mins after open and took a short from the 123 which was rocket fuelled to a 20T tgt within a few seconds.
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  • #873
  • Jun 12, 2017 12:40pm Jun 12, 2017 12:40pm
Quoting erasmus66
top work Harold .. i can't remember the rule for 2b/123 trades .. is it the entry has to be given by the candle that sets the 3 point, e.g {image}
Trend was down and it pulled back a formed a 123 I just took break of point 2
  • #874
  • Jun 12, 2017 12:47pm Jun 12, 2017 12:47pm
Quoting Noeyedear
Waited until 5 mins after open and took a short from the 123 which was rocket fuelled to a 20T tgt within a few seconds. {image}
Nice when it does that. Good work!
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  • #875
  • Jun 12, 2017 12:48pm Jun 12, 2017 12:48pm
Unfortunately i was unavailable today with commitments, but looks like everyone had a feast in my absence!)
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  • #876
  • Jun 13, 2017 5:58am Jun 13, 2017 5:58am
..my levels for today..no idea what to expect of course but a few interesting HVNs above the VAH.
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  • #877
  • Jun 13, 2017 7:50am Jun 13, 2017 7:50am
Quoting Noeyedear
..my levels for today..no idea what to expect of course but a few interesting HVNs above the VAH. {image}
yes levels same as mine .. looks like we'll be opening above extremes
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  • #878
  • Jun 13, 2017 9:34am Jun 13, 2017 9:34am
my profile is different than that
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  • #879
  • Jun 13, 2017 9:35am Jun 13, 2017 9:35am
we opened above extremes only reference was Fridays VL
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  • #880
  • Jun 13, 2017 10:40am Jun 13, 2017 10:40am
any idea where my settings are wrong H:

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