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# jperl

Members

363

• #### Days Won

1

jperl had the most liked content!

## Personal Information

• First Name
• Last Name
User
• City
Rochester,NY
• Country
United States
• Gender
Male
• Occupation

• Vendor
No
• Favorite Markets
futures
20
home built
• Broker
IB

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I would stand aside and wait until the switch occurs. Then decide what to do about a trade.
2. ## steve46    jperl

Hello Jerry

A quick question; For your purposes, is a volume profile POC (VPOC) a close approximation or possible substitute for the PVP?

Thanks

3. ## Let's Try an Experiment

For what it's worth, fair coin tosses should follow a binomial distribution. Stock prices do not. So any system based on some fixed random distribution, binomial or otherwise will ultimately fail. As far as guessing 1000 winning trades in a row, it's 1/2^1000. Even getting 10 winning trades in a row is pretty small, approx 1 in 1000. Enjoy the entertainment.
4. ## Let's Try an Experiment

Unfortunately guys/gals 10 coin flips is not going to tell you much. You need something like 1000 flips to get any realistic statistical data.

I believe in TOS, you can only start VWAP from the opening bell, daily, weekly or monthly. What you see in my charts is based on software I wrote. However Ensign offers them as part of their study list. I use 2 minute charts, but there is nothing sacred about the time interval, you can use longer or shorter intervals
6. ## Trading With Market Statistics I. Volume Histogram

The answer to your question is no. When you plot volume for every bar, the single bar with the largest volume is not the PVP. To obtain the PVP you have to sum all the volumes for each price and find the price with the largest sum. This sum could be from a price with lots of small volumes occurring many times and may not be anywhere near the price bar with the largest volume.
7. ## squishy    jperl

Hi Jerry,

I wanted to thank you personally for your series of videos. It certainly has helped me think about how markets develop. I have just started working through my own testing of the "Newbie" and "S1" trades, but my initial trading on a simulator have been excellent. Thanks again -

Get yourself a copy of SWF opener here: http://www.browsertools.net/

For those of you with full time jobs that want to trade the Iron Condor, check out 7minutetrader.com. They do weekly spreads on the S&P 500 Index (SPX). For a \$50/month they will tell you the weekly setup for a credit spread reward/risk ranging from 6% to 14%/week. I use them for my non daytrading portfolio.
10. ## kick659    jperl

learning market provile,and I been doing volume way,,,thanks in advance

11. ## Trading with Market Statistics XI. HUP

Yes, I'm still here answering the same questions over and over and over....
12. ## Trading with Market Statistics XI. HUP

Yes of course, you may use any defined HUP's you like, but don't mix apples with oranges. Be consistent. Use the same HUP's from day to day.
13. ## malverd    jperl

Hi Jerry,

I wasn't sure if you were checking the older threads. I posted a couple questions I was hoping you could answer. Thanks