[BlowFish]

Originally Posted by i trade »

For intra day value on the ES, esp for scalping purposes, I use vwap and the 1st stand dev as a dynamic value area so in that case VWAP is contained within value.

As far as daily or weekly profiles based on volume or TPO's, I'll have to slap a vwap on them and see but having vwap outside of value is hard to conceive.

Since the range on ES has been lacking I've been much more active trading currencies. With currencies I look at tpo profiles alongside volume profiles and the poc in either case is always contained.

MP guys seem to fall into one of two camps, the purists who would not dream of anything but a profile chart made up of 30min TPO's and the young maverick that use *gasp* volume *shock* and other new fangled thangs. Glad your a maverick

[hegh]

Personally, I use both methods, MP and VWAP.
The two distinct ways.
The MP Classic (daily and weekly, 30 mn) and the VWAP (without MP or ValueArea), daily, 1 days and 4 days.
That is all that is on my graphics, nothing else, is quite sufficient

[i trade]

Originally Posted by hegh »

Personally, I use both methods, MP and VWAP.
The two distinct ways.
The MP Classic (daily and weekly, 30 mn) and the VWAP (without MP or ValueArea), daily, 1 days and 4 days.
That is all that is on my graphics, nothing else, is quite sufficient

Agreed Hegh....only thing I would add is the 20 day profile.

Oh yeah...and a couple of bar charts for reading vertical volume and order flow.

[hegh]

Originally Posted by i trade »

Agreed Hegh....only thing I would add is the 20 day profile.

Oh yeah...and a couple of bar charts for reading vertical volume and order flow.

20 days daily ?

For me, 10 days daily.
3 profiles weekly.
Monthly only, the POC and VA last month.

bar charts and volume on VWAP.

[i trade]

Originally Posted by hegh »

20 days daily ?

For me, 10 days daily.
3 profiles weekly.
Monthly only, the POC and VA last month.

Yes...I use a 20 day profile to approximate the monthly view, a 5 day for weekly view, a daily, 30 minute for es intraday and 60 min for currencies intraday.
The exact amount of days contained is not important as I merge profiles to give a clearer picture.

[BlowFish]

Originally Posted by i trade »

Agreed Hegh....only thing I would add is the 20 day profile.

Oh yeah...and a couple of bar charts for reading vertical volume and order flow.

Might I ask what you use to guage order flow? Some sort of marketdelta indicator?

[i trade]

Originally Posted by BlowFish »

Might I ask what you use to guage order flow? Some sort of marketdelta indicator?

In a nutshell yes Blowfish. Most of what I use for order flow is similar to out of the box market delta offerings like volume breakdown.... just the basics. The only unique study I use is something I came up with and had a programmer/trader friend code for me, It's just a little different way at looking at bid/ask trades but has served me well.

For me MP is the base and order flow/ volume is secondary.

[vittorio]

Originally Posted by i trade »

Yes...I use a 20 day profile to approximate the monthly view, a 5 day for weekly view, a daily, 30 minute for es intraday and 60 min for currencies intraday.
The exact amount of days contained is not important as I merge profiles to give a clearer picture.

I trade
Please could you post a pic ?