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Râlex

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Posts posted by Râlex

  1. Posted

    Well, I agree with you, that the true POC is related to price distribution.

     

    I further agree that #6 (see above) is wrong in my view.

     

    But what is price distribution in a MP.

    As far as I understand it, it is price in time, not price in trades :confused:.

     

    So the true POC, based on 30 min bars, it gives you no information about volume or number of trades.

     

    But anyway, correct me if I'm wrong, and as long as the context is clear,

    we shouldn't have a problem if somebody uses POC instead of PVP.

    But yes, PVP is the better choice if we talk in volume context.

     

    Ah OK for the poc (price in time) and pvp (volume), as mister Dalton, steidlmayer and mister Jerry.

     

    But, the system of Jerry (Jperl), the Market Statistics based vwap, pvp and price need NOT poc, not Market Profile (VA, IB, vpoc....) so why use the poc ? sometimes poc and pvp are near but precaution !:doh: but not so often as it.;)

     

    The market profile is totaly different of the market statistics, so why mix the both systems ?:confused: unless showing a relation between two. ;)

     

    For me, there is two great schools:

    1-Price needs volume to fluctuate.

    2-Price is self-sufficient in itself, doesn't much matter volumes.

     

    And I think it is necessary to choose its school. Afterwards, some, a lot in fact, everything blend and matter what and we know all result. (forgiveness for my orthography, again)

  2. Posted

    Hi,

     

    from my point of view, the problem with the POC is, that you have to use it in the context of the profile you are looking at.

    This should mean, if you are looking at a volume profile the POC is a V(olume)POC.

    If you are looking at a time profile the POC is a T(ime)POC.

     

    So without a context, one can't say that a POC contains volume information.

    This is only true for a volume context.

     

    Just my thought on it.

     

    No, the true poc is in the price distribution, the true pvp or hvl is in the volume distribution.

     

    No discuss possible !:crap:

  3. Posted

    A big error : the point of control of Dalton, of the MP, is the price level of most trades, so the most TPO. The volumes are not in this distribution.

    See "mind over market" but i am sure.

     

    Too, the pvp (or highest level volume) is the price level of most volume.

     

    Alex

  5. Posted

    Hi, becareful ! the POC (market price distribution) is not the same thing that the PVP (market volume distribution).

    Totally differents (sometimes are possibility near).

     

    So poc near vwap, not no skew.

     

    bye

  7. Posted

    Hi Unicorn,

     

    On this last trade i saw one error :

     

    -your firts SD' s entry (even if good after) is wrong cause the skew is near 0 so not short trade but pull the trigger LONG (vwap target) !

     

    -After, all good for me.

     

    Being "a" Newbie, i believe and wait your comments, explications.

     

    Thanks @+

  9. Posted

    If you are asking, do I include previous PVP's as dynamic HUP, the answer is yes. In fact, if I see price action approaching a PVP, I will just stand aside and not trade there. If I am already in a trade and price action approaches a PVP I will usually exit there. As far as the PVP's being virgin or not, I don't make a distinction between virgin or non virgin ones.

     

    The pvp is a dangerous point, i understand now why !

    It is as it that I go trade, thank you still for your advices.

     

    Best regards.

  10. Posted

    Hello Jerry & day-traders,

     

    For the programming of the VWAP (pro real time software):

     

    Is it necessary to re-initialize (delay meters in zero)the VWAP ?

     

    So yes, the first VWAP will be equal to the first price (first close for me, Pi=close(i)), since Vi (1) = Vtot.

     

    Vtot= complete volume held concurrently there intraday, precise?

     

    NB: Having grieved for my writing's errors, i hopes that you understand me.

     

    Thanks.

     

    Alexandre.

  15. Posted

    Hi, Jerry and the other traders.

    I trade the Bund with the market profile and want more understand.

    Too, sorry for my bad english language, sorry.

    Someone can write a summary of the main lines of your method for a French newbie trader (to this fantastic method), advanced trader to the MP of steidlmayer.

    i understand the vwap, the skew, the pvp, the trend, the SD but not exactly for the symetric distribution (rejection or acceptance of the 1SD, reverse or scale or ok) and when a normal distribution, the price close to 1SD and countertrend of the skew. (skew>0 and price < vwap).

    A summary of all the posts of Jerry, will be the hightlight for me.

    Best regards.

    Alexandre.

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