Value Area for DIA

[Trader_JG]

Hello, I just started trading DIA and was wondering if there is a website that publishes the MP levels? The YM on mypivots.com is obviously way off.

Also, where is a good place to get the volume info for the DIA? I use esignal.

Thanks,
Jonathan

[TinGull]

Hi there,

Out of curiousity, are you trading options on the DIA intraday? Or the actual shares? And why not trade the futures?

Anyhow...the levels for tomorrows trading are :

VAH - 126.65
POC - 126.53
VAL - 126.41

[Trader_JG]

I am trading the actual ETF shares.
I trade at a prop firm and just started getting into the indices after the NYSE went hybrid. Starting out with the ETF and then once I have a proven strategy will go to futures.

Thanks for the levels, is there anyplace I can get them daily like mypivots.com?

Jonathan

[notouch]

If you use eSignal you can subscribe to Market Profile for $50. Volume is available on eSignal charts.

[Trader_JG]

What is the best way to get the volume per price on the charts? Is there a study I can use or just change the chart to a 1min and start adding?

[TinGull]

What do you use for a charting program?

[Trader_JG]

esignal pro. I did some reading in this MP forum and came across some esignal studies but I didn't understand what the heck to do with them or what they were for.

Just a newbie coming up the ranks!

[TinGull]

Oh sounds cool. I don't know anything about esignal, so hopefully someone will be able to lend a hand. Also...remember that a proven strategy on an ETF may or may not work the same on the futures. Strategies that work on the Russell futs don't work the same on the DOW futs....so something to take into consideration.

[notouch]

ESignal has some great videos on their website to help newbies. To get volume it's just right click, basic studies, volume.

[Trader_JG]

Thanks guy, I am pretty familiar with esignal but if I use the standard volume bars wont it give me more of a range of price per volume which is less accurate or is this the way people do it by hand? What time increment should I use for the volume bars to get the best representation for the MP?
1min, 2min, 100Tick?