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Old 02-06-2007, 05:21 PM   #9

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Re: Value Area for DIA

ESignal has some great videos on their website to help newbies. To get volume it's just right click, basic studies, volume.
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Old 02-06-2007, 05:25 PM   #10

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Re: Value Area for DIA

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?
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Old 02-06-2007, 05:34 PM   #11

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Re: Value Area for DIA

It would be easier just to pay the $50.
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Old 02-06-2007, 05:36 PM   #12

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Re: Value Area for DIA

I think you're right notouch. The time I'd be adding I should be studying MP books.

Thanks guys.
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Old 02-06-2007, 07:31 PM   #13

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Re: Value Area for DIA

30 minute for MP
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Old 02-06-2007, 08:20 PM   #14

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Re: Value Area for DIA

You can add market profile on esignal for a small fee. I use to use esignal for my market profile charts.
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Old 02-07-2007, 06:51 PM   #15

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Re: Value Area for DIA

TinGull, those levels you gave me for the DIA worked amazingly well.
As soon as it broke VAH it tanked and I made a quick 15points!
Thanks!

But I have a question. I have YM quotes and put the mypivots.com MP levels on that chart which was at different times on the chart patter,
For example on the DIA price bounced off VAH (levels TinGull gave me) before going down, whereas on the YM #F and levels from mypivots the prices ripped through this level then came back and retraced to it before heading down.
Now, to me this looks like an edge knowing the YM penetrated that level whereas DIA hadnt yet. Knowing the YM was heading lower I could simply short DIA once it goes below the VAH because YM already did. Is this common or is this an anomaly. This is my 1st day looking at this.

Also, how correct are the mypivots.com MP levels and are they for the YMH7 or YM #F. TinGull, are your YM levels the same as mypivots.com?

Thanks in advance! It was a great day trading with these MP levels.
I know it's a lot of questions but there is a lot I am thinking about after noticing this reaction.
Jonathan
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Old 02-08-2007, 07:44 AM   #16

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Re: Value Area for DIA

Hey Jonathan,
Great to hear they worked for you. My levels always differ from mypivots.com. I'm not sure how he gets his levels, but I dont always find them to be as accurate.

Look at these levels today, and see what happens...

VAH - 127
POC - 126.92
VAL - 126.64

Best of luck to you

Chris
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