Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

jperl

Trading with Market Statistics XI. HUP

Recommended Posts

Hi Jerry

first ..thank you a lot for your nice job here

I would like to ask you please. I red almost all your threads but my english is not very good and I didnt get self- contained information about study that you use . I am new user of enSign (I downloaded trial version) but I cant see study SD,PVP,VWAP.... Please give me some information about it or I have to program it ???? Thank you very much.(sorry maybe offtopic)

Share this post


Link to post
Share on other sites
Jerry, in your global strategy, when you talk to dynamic HUB, can you quote the virgin POC (of steidlmayer) too ?

 

Thanks.

 

Alex

 

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.

Share this post


Link to post
Share on other sites
Hi Jerry

first ..thank you a lot for your nice job here

I would like to ask you please. I red almost all your threads but my english is not very good and I didnt get self- contained information about study that you use . I am new user of enSign (I downloaded trial version) but I cant see study SD,PVP,VWAP.... Please give me some information about it or I have to program it ???? Thank you very much.(sorry maybe offtopic)

 

Kuky,

If you have the latest ensign version (Nov 13 version), you will find the VWAP and SD as one of the studies. Just right click on your chart and choose studies. At the bottom of the list is the VWAP. To get the PVP, choose the price histogram study and set it to volume. The PVP will appear as a red line on the histogram

Share this post


Link to post
Share on other sites

Found these great threads lately.

 

Just wonder:

When I used to look at technical analysis, the indicators use to leg the real action. My understanding was: most traders are familiar with the technical-analysis and use it - causing the indicators to become less efficient.

 

If many are going to use the tecniques presented here, would it still work?

 

Ofer

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites
Found these great threads lately.

 

Just wonder:

When I used to look at technical analysis, the indicators use to leg the real action. My understanding was: most traders are familiar with the technical-analysis and use it - causing the indicators to become less efficient.

 

If many are going to use the tecniques presented here, would it still work?

 

Ofer

 

Ofer, what's presented here in these threads is not a "method", but a way of viewing the price and volume distribution. No matter how many traders looked at the volume distribution, the distribution would still be valid, since it represents the statistics of all trades that have taken place. There would still be a PVP, a VWAP and a SD. How you use that information is highly personal depending on your trading style and objectives

Share this post


Link to post
Share on other sites

Just finished reading all the threads and viewing the vids in this Trading w/Stats series by jperl.

 

Thank you very much Jerry for the threads & vids, for fielding the questions & comments, for being generous and patient to create an excellent opportunity to learn. You are a mensch!

 

Thanks to all of the other folks that participated w/ questions, comments, opinions, suggestions, and creating replicas of Jerry's indicators for other apps.

 

Regards to all,

Lee

Share this post


Link to post
Share on other sites

Jerry;

you have presented an excellent methodology :thumbs up::thumbs up::thumbs up:;

a vast improvement over market profile.

THANK YOU.

 

I found your Trading with Market Statistics threads on Friday, after your comments on the market profile setups presented at trading-naked.com.

 

Take care.

Unicorn.

Share this post


Link to post
Share on other sites
This is the ES price action from yesterday, excellent trading day, with 1,2,5,10 Days VWAP & SD and 1 Month (this is my history depth). Nice price action next to previous SD HUPs marked in ellipses. Todays statistics are solid lines and longer period are the dash lines.

 

 

Cheers

Karish

 

Hello Karish;

 

Beautiful AmiBroker chart;:):)

 

would you be willing to share your Amibroker code?

 

cheers.

Unicorn.

Share this post


Link to post
Share on other sites

Hello Jerry and fellows;

 

My indicators are not be perfect yet; thus I don't have HUPs from previous days on my chart.

 

This is today's price action on ES. I am still learning this methodology.

Jerry I would appreciate your comments.

 

I would also appreciate a chart with HUPs. I trust that they would provide further guidance for trade management.

 

cheers.

Unicorn.

5aa70e2ad77d9_VolumeProfileTradingES12-12-2007.thumb.png.696db09913495ff84d13f9c34104e2b6.png

Share this post


Link to post
Share on other sites

This is the Volume Statistics chart for NQ.

 

I would appreciate your comments, on the trades that I can identify.

 

My understanding of the concepts applied to NQ price action today is:

When the VWAP is close to the PVP, on the other side of price action, expect oscillations, do nothing.

For advanced traders only: If you expect a breakout, you can enter on the breakout of sd1 or sd2, trade direction away from VWAP.

QUESTION: Could this be applied today after 14:16 EST?? By the way, chart time is EST + 7hours.

 

Jerry, I would appreciate your NQ chart with HUPs and your remarks on the guidance that HUPs would have provided to the NQ trade management.

 

Thank you.

Cheers.

Unicorn.

5aa70e2ae2e99_VolumeProfileTradingNQ12-12-2007.thumb.png.1936c52a7f9d5aa6f26149ce4e317353.png

Share this post


Link to post
Share on other sites

Finally, today's ER chart.

 

I would appreciate your comments on the trades that I can identify.

 

Jerry, I would appreciate any suggestions for exits, in the case that price does not reach the next sd target. Would you use an indicator?

 

Thank you.

Take care.

Unicorn.

5aa70e2aeef3f_VolumeProfileTradingER11-12-2007.thumb.png.a5a0772066bf782bb90d1d0ea5740608.png

Share this post


Link to post
Share on other sites

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 @+

Share this post


Link to post
Share on other sites
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

 

I see your point Alex;

Thanks.

Share this post


Link to post
Share on other sites

jerry, finding some interesting uses for the longer term hups with options trading. skew is very important in options trading. these are great levels to put credit spreads on and to help you predict when volatility of the options is going to go up or down. for example, when pvp = vwap, volatility seems to get sucked right out of the options. might want to keep an eye on how this relationship acts during options expiration week. from what i have seen, you get pvp = vwap alot and pvp jumping over vwap alot. more than normal. thanks i have enjoyed your posts.

Share this post


Link to post
Share on other sites
jerry, finding some interesting uses for the longer term hups with options trading. skew is very important in options trading. these are great levels to put credit spreads on and to help you predict when volatility of the options is going to go up or down. for example, when pvp = vwap, volatility seems to get sucked right out of the options. might want to keep an eye on how this relationship acts during options expiration week. from what i have seen, you get pvp = vwap alot and pvp jumping over vwap alot. more than normal. thanks i have enjoyed your posts.

 

Thanks raa, glad to see that you have found market statistics useful for options trading. I think that's a nice addition to the whole subject

Share this post


Link to post
Share on other sites

Hi Jerry,

 

I have been following and studying your lessons for several weeks now and am amazed. I primarily trade the ES and have been using divergence to give me a bias to the up or down side, however, adding the VWAP (by the way - thanks for the indicator DBTina, fantastic work) has helped me a lot and your skew methodology appears even better than my indicators.

 

I am wondering if you or anyone else in this thread using your methodology is interested in starting a PalTalk room to call out possible trade setups etc.

 

Again, thank you so much for everything.

 

Cheers, Michael

Share this post


Link to post
Share on other sites

Jerry,

 

Thank you very much for putting together such a comprehensive pack of lessons on using this approach to trading. I have used VWAP extensively in the past to trade US Stocks but not in the same way that you describe here which has given me new knowledge and approaches.

 

I see from some of your videos that you appear to be using IB as a data source into Ensign. Have you found this to be adequate as I know a few years back that the volume data from IB was way out (up to a factor of 10 times actual) ?

 

I am also curious to hear if this can be used effectively for Forex because getting the actual traded volume for Forex is at best very difficult and the correct VWAP completely relies on accurate volume data.

 

 

Paul

Share this post


Link to post
Share on other sites

I see from some of your videos that you appear to be using IB as a data source into Ensign. Have you found this to be adequate as I know a few years back that the volume data from IB was way out (up to a factor of 10 times actual) ?

 

Paul,

I am glad you find the trading with market statistics threads useful to you. I know I learned a lot by putting them together. From my past experiences as a teacher, I've learned that the best way to try and understand something is to teach it. If you can't teach it, then you don't understand it.

 

As far as IB goes, I have not experienced anything unusual about their volume reports. They seem to be ok for the generation of the volume distibution function

 

I am also curious to hear if this can be used effectively for Forex because getting the actual traded volume for Forex is at best very difficult and the correct VWAP completely relies on accurate volume data.

 

If you don't have volume for forex, you can still use the price distribution function and generate and average price in stead of a volume weighted average price. Should work ok. This can be done in Ensign as well.

JERRY

 

 

 

Paul

Share this post


Link to post
Share on other sites

Hi 333,

 

I think you might be mistaken. IB aggregate ticks soyou might get substancially fewer however they add all the volume into those fewer ticks (if you see what I mean). Long story short fewer ticks, equal volume.

Share this post


Link to post
Share on other sites

Jerry,

 

That is great that you have found IB to be OK for volume as that was my only concern and if it works for you then it is fine for me. Thanks also for your comments on Forex which I will apply.

 

Blowfish,

 

I think IB must have sorted this out and the only reason I asked was because back in around 2003 I was using IB as well as eSignal and plotting volume for both on US Stocks. There was a very big difference between what I was reading from IB and that of eSignal at the time. It is great though that my concerns are not an issue any more and I am very much looking forward to applying this approach.

 

 

Paul

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.