Trading with Market Statistics III. Basics of VWAP Trading

[cooter]

	Quote:	thrunner
	Thank you for sharing, Jerry. For those having problems playing swf files automatically or wish to have some controls over the playback, you should try these freeware (small 600K downloads): swf player: http://www.browsertools.net/download...penerSetup.exe less features player: http://www.globfx.com/downloads/swfplayer/

Don't use untrusted software.

Try Apple Quicktime here:

http://www.apple.com/quicktime/download/

It runs .swf files without any problem.

P.S. Get the version without ITunes - you need the standalone QuickTime player for this to work properly.

[brownsfan019]

	Quote:	jperl
	NEWBIE wants to test his new found trading knowledge for other contracts besides the emini Russell 200. In this video he trades the Emini S&P500 for July 9, 2007. As usual, NEWBIE trades shorts when price action is below the VWAP AND the VWAP < PVP. So follow along as NEWBIE takes this ES short trade.

Jerry,
First, just want to say WOW on these threads. If I was new to trading, you would have my attention! Great job!

One observation on the ES video - to assume any fills when price just touches, esp for a newbie trading a 1 lot, is not realistic. Price needs to trade through the entry and exit level to expect a real-time fill. The ES is too thick for price to be touched and assume a fill.

Just an FYI for anyone running the examples on the ES. An MIT order would eliminate that (but also create smaller profit targets).

[thrunner]

	Quote:	cooter
	Don't use untrusted software. Try Apple Quicktime here: http://www.apple.com/quicktime/download/ It runs .swf files without any problem. P.S. Get the version without ITunes - you need the standalone QuickTime player for this to work properly.

Well, QuickTime is a 20MB bloatware download that phones home at all times (check your firewall) and shows advertisements whether you want it or not by default on opening (hint: turn off player content guide). Adding insult to injury, QT (7.0.3) w iTunes doesn't play swf properly- the player slider time index is wrong and it will no longer play with sound after you slide the play past the end and then return slide to the beginning. As stated above, you'll need the standalone QT to work properly. Quicktime is truly beginning to be worst and more annoying than Microsoft media player.
There is an opensource Flash player but unfortunately it is in alpha. The two swf players posted previously are from two independent but well established houses and they are free, small (600KB), no ads, doesn't phone home. They are basically simple wrappers around the Adobe Flash.ocx. No, I have no association with either firms and I have no position in Apple stocks either.:p

[cooter]

	Quote:	thrunner
	Well, QuickTime is a 20MB bloatware download that phones home at all times (check your firewall) and shows advertisements whether you want it or not by default on opening (hint: turn off player content guide). Adding insult to injury, QT (7.0.3) w iTunes doesn't play swf properly- the player slider time index is wrong and it will no longer play with sound after you slide the play past the end and then return slide to the beginning. As stated above, you'll need the standalone QT to work properly. Quicktime is truly beginning to be worst and more annoying than Microsoft media player.

Yes, the standalone Quicktime player from Apple is what users should download, as I specifically advised that the version with ITunes software would not play .swf Flash files properly.

[Dogpile]

jperl,

ok, thx for PVP explanation re. skewness -- that makes sense. I see what you are doing now with PVP. You are assuming that the PVP was an earlier point of 'balance' and that monitoring VWAP relative to PVP will keep you on the right side of a directional move as price diverges away from the earlier established 'balancing point.' This is an interesting specific strategy variation on classic market profile.

I clearly see why this could be a very useful visual reminder for traders on how to bias their trades. This is really particularly applicable to the afternoon session where the market has more 'trendiness' than the morning session.

[notouch]

Could you not just encode these movies in .avi format which everyone will be able to play with installing dodgy files on their trading computer?

[jperl]

	Quote:	notouch
	Could you not just encode these movies in .avi format which everyone will be able to play with installing dodgy files on their trading computer?

Yes, I could, but the file size might be prohibitive. The swf files are about a factor of 3 smaller than the avi files. I originally loaded these files as Camtasia exe files which anyone could open without a lot of fuss, but I received vociferous objections to that.

Suggest you send a note to Soultrader, about your request. I'd be happy to send the files in any format he would agree to. My first choice would be Camtasia files.

[notouch]

No one wants to be running executables on their trading PC. Why not just upload to filefront or youtube?

[jperl]

	Quote:	notouch
	No one wants to be running executables on their trading PC. Why not just upload to filefront or youtube?

I did use filefront for a few files, but now abandoned that for uploading directly to this forum. Much less hassle.
There are several small pieces of software(other than Quicktime) that run swf files conveniently and easily as suggested by Thrunner in his post in this thread. I've tried swf opener and it works fine.

[Dogpile]

jperl or anyone, would you happen to have the EasyLanguage code for PVP?