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.

Recommended Posts

Much better trading for me today (than yesterday)

 

If you're fading this down move , IMO you need to wait for buyers to step in and be prepared to buy when the market comes to your price.

 

attachment.php?attachmentid=29936&stc=1&d=1342537747

 

 

Couple of good bounces. Took the first. Passed on the 2nd.

2012-07-17_1107_ES_5M_DELTA.thumb.png.5d31a599f7c136db54e04e7c5f1aa602.png

Share this post


Link to post
Share on other sites
Long pullback to 1344.50 , Looking to sell 1346 , 1346.25 was the Prev Day Last Hour Low

 

Well , looks like I got my money back so far , trying to exit at I B Low

Share this post


Link to post
Share on other sites

Both trades worked as expected, sometimes price action is very predictable.Took only one tick of heat on that last one. Pat myself for precision entry...

Share this post


Link to post
Share on other sites
Just noticed that the HIGH of the recent Lowest Bar on the Daily chart, 1339.50 was just tested by 1 tick and found buyers. This is a normal market behaviour to test that support. So - could be the low of the day is in.

 

Good catch, and the current high was also a prominent line on my structural chart -- from an intraday perspective, it can be seen that the 7/11 high you refer to was not only a high, but it was resistance several times during the day.

es.thumb.png.676c8989450750813e782978689e2ab7.png

Share this post


Link to post
Share on other sites

Here's an update of the 60Min Day session only chart with longer term Median Line perfectly in sync with price action. It's quite uncanny how this timeframe gives excellent locations for possible trade entries.

 

In the chart you can see that I had been expecting resistance 1 tick higher than the market gave, so I was not surprised to see the strong sell off.

 

attachment.php?attachmentid=29937&stc=1&d=1342538549

2012-07-17_1120_ES_60M_RTH-CHART_ML_TREND.thumb.png.4585ddc4a60ed77e969697e085f57efd.png

Share this post


Link to post
Share on other sites

I think "irrational exuberance" sums it up pretty well...

 

I thoroughly look forward to reading the headlines this afternoon... "Market tanks on Bernanke's lack of QE3...eh.... market up, on _____________" <--fill in the blank

 

;)

Share this post


Link to post
Share on other sites
Here's an update of the 60Min Day session only chart with longer term Median Line perfectly in sync with price action. It's quite uncanny how this timeframe gives excellent locations for possible trade entries.

 

In the chart you can see that I had been expecting resistance 1 tick higher than the market gave, so I was not surprised to see the strong sell off.

 

attachment.php?attachmentid=29937&stc=1&d=1342538549

 

Thank you for sharing. Yes, the 1356 area was good short.

 

Do you only trade off the /ES chart alone?

Share this post


Link to post
Share on other sites
I think "irrational exuberance" sums it up pretty well...

 

I thoroughly look forward to reading the headlines this afternoon... "Market tanks on Bernanke's lack of QE3...eh.... market up, on _____________" <--fill in the blank

 

;)

 

 

 

:rofl:

 

There would be a newfound respect for these morons if the headline was:

 

"Stocks swing back higher: we have no f----- clue why, you don't either, so why do you care?"

 

Instead, they insist it's relatively mediocre earnings from both KO and GS 6 hours ago back before the market sold off 16 handles. You really can't make it up, classic stuff.

 

 

29944d1342547108-day-trading-e-mini-futures-hahaha.png

hahaha.png.4db09dcb1a67d86f3232f5b211720340.png

Share this post


Link to post
Share on other sites
Thank you for sharing. Yes, the 1356 area was good short.

 

Do you only trade off the /ES chart alone?

 

 

No. I use it only as a reference for possible areas of support and resistance. The other delta and volume charts I have posted - along with other more common ideas about where to expect the market to find buyers or sellers - are used as a basis for trade entry.

Share this post


Link to post
Share on other sites
No. I use it only as a reference for possible areas of support and resistance. The other delta and volume charts I have posted - along with other more common ideas about where to expect the market to find buyers or sellers - are used as a basis for trade entry.

 

Thank you.

 

So you don't follow the SPX or DX as further evidence of ES trading? I am just asking, practicing, and learning so I figure its best to ask questions to real live traders out here as i learn. I am thinking about just nailing it down to the ES charts as well.

 

The delta chart is the chart that shows changes in volume on bar chart right?

 

Thank you.

Share this post


Link to post
Share on other sites
Much better trading for me today (than yesterday)

 

If you're fading this down move , IMO you need to wait for buyers to step in and be prepared to buy when the market comes to your price.

 

attachment.php?attachmentid=29936&stc=1&d=1342537747

 

 

Couple of good bounces. Took the first. Passed on the 2nd.

 

Thank you,

 

Where can I get more information on how analyze the chart and understand fully to see if I am comfortable with trading off the volume on 5 min chart? Can it be used on the 15 min chart as well?

 

Thanks

Share this post


Link to post
Share on other sites
Thank you,

 

Where can I get more information on how analyze the chart and understand fully to see if I am comfortable with trading off the volume on 5 min chart? Can it be used on the 15 min chart as well? Thanks

 

I use it on a 30min and a 5min. I tried 15M but it was a little like goldilocks. I'm looking for the charts which are "not to fast" and "not too slow" ... For the EC (Euro Futures) I use 10Min. Who knows? You can use it on ANY CHART. It's just what I do. Not necessarily right.

 

There are plenty of charting packages like Market Delta that have more sophisicated solutions for this type of information. BUT I try to keep it simple. I found that they offer the software with so many options that it confuses more than clarifies.

 

Here's the thing. I use it because my entry will not move the market. I need other guys to be doing that. BIG GUYS. So I just want to see that some of them are thinking the way I am and get on board.

 

I do NOT exclusively base trading decisions on this chart alone. You have to use the context of what is happening.

 

This chart can whipsaw you if you do't have a firm idea about what is the trend. Or if the move had hit a support or resistance zone.

 

Like any setup - context is king because without context you never know whether you have to scalp or hold once in.

 

I'd be happy to talk to you premarket or after on Skype if you want to talk about it. Let me know.

Share this post


Link to post
Share on other sites

Here's an example of how it can be confusing.

 

I have attached a chart which shows that I would be a buyer at the BUY ZONE of 3 prices on the Change to a Positive Up Volume (from red to green on lower frame) until the 3PM high was put in which found no more buyers and was a rejection bar.

 

Now I am looking to short the SELL ZONE of three prices on a pullback.

 

Also the time of day supported this move which was exhaustion after a huge rally.

 

That's the context which is essential if you're going to make a profit and not be chopped/shipsawed. This chart just shows me where I can get in and expect a favourable momentum move but without the context it isn't so sweet.

 

attachment.php?attachmentid=29946&stc=1&d=1342554331

2012-07-17_1539_ES_5M_DELTA_TREND_CHANGE.thumb.png.15a315bde783e17a4e9f4aa2b211b59f.png

Share this post


Link to post
Share on other sites
... So you don't follow the SPX or DX as further evidence of ES trading?

 

It took me 4 years and a lot of money to get it more simple. If I look at too much stuff it creates doubt. With doubt - I can never stay in a move. Must be committed to it and just do it based on what you know right now.

 

I do follow ticks and program buy-sell but mostly as alerts and not bar by bar.

Share this post


Link to post
Share on other sites
It took me 4 years and a lot of money to get it more simple. If I look at too much stuff it creates doubt. With doubt - I can never stay in a move. Must be committed to it and just do it based on what you know right now.

 

I do follow ticks and program buy-sell but mostly as alerts and not bar by bar.

 

Thank you and I agree with the keep it simple. At times I feel all over the place and can't stick to what I know already cause of this-and-that. I need to scale it down, but still keep market context on the table.

Share this post


Link to post
Share on other sites
I use it on a 30min and a 5min. I tried 15M but it was a little like goldilocks. I'm looking for the charts which are "not to fast" and "not too slow" ... For the EC (Euro Futures) I use 10Min. Who knows? You can use it on ANY CHART. It's just what I do. Not necessarily right.

 

There are plenty of charting packages like Market Delta that have more sophisicated solutions for this type of information. BUT I try to keep it simple. I found that they offer the software with so many options that it confuses more than clarifies.

 

Here's the thing. I use it because my entry will not move the market. I need other guys to be doing that. BIG GUYS. So I just want to see that some of them are thinking the way I am and get on board.

 

I do NOT exclusively base trading decisions on this chart alone. You have to use the context of what is happening.

 

This chart can whipsaw you if you do't have a firm idea about what is the trend. Or if the move had hit a support or resistance zone.

 

Like any setup - context is king because without context you never know whether you have to scalp or hold once in.

 

I'd be happy to talk to you premarket or after on Skype if you want to talk about it. Let me know.

 

Thanks for replying and yes would be more than happy for a chat to understand the chart better. My skype id is goodoboy25 and I be home about 6pm central. Let me know a good time for you and I will be online.

 

Yes, I agree our position size can't move market. Market context is so true.

 

Thanks again.

Edited by goodoboy

Share this post


Link to post
Share on other sites
Here's an example of how it can be confusing.

 

I have attached a chart which shows that I would be a buyer at the BUY ZONE of 3 prices on the Change to a Positive Up Volume (from red to green on lower frame) until the 3PM high was put in which found no more buyers and was a rejection bar.

 

Now I am looking to short the SELL ZONE of three prices on a pullback.

 

Also the time of day supported this move which was exhaustion after a huge rally.

 

That's the context which is essential if you're going to make a profit and not be chopped/shipsawed. This chart just shows me where I can get in and expect a favourable momentum move but without the context it isn't so sweet.

 

attachment.php?attachmentid=29946&stc=1&d=1342554331

 

Thanks for the explanation, its making some since and the context of the market after a rally makes a difference for trade at that.

Share this post


Link to post
Share on other sites

So far today we've had mixed housing US housing data and a bunch of earnings reports as in image:-

 

attachment.php?attachmentid=29959&stc=1&d=1342617523

 

It might be worthwhile keeping an eye on financials throughout the day to see if they take the lead at all.

 

Although 40's yesterday rejected and we subsequently took out the 57's, there wasn't much follow through. I'd be interested to see what if any reaction we get on a retest of the 57's as it looks like we'll be once again opening below.

 

attachment.php?attachmentid=29958&stc=1&d=1342617520

2012-07-18.thumb.jpg.359646812fe1fd6ff3101d4585a6b992.jpg

2012-07-18_2.jpg.ce190e897c02afb5a0e52e4ec6c51de4.jpg

Share this post


Link to post
Share on other sites

Looks like we're headed up... my platform is down today. So I'll make a call.. was bearish coming in today. We might get a small rally this morning and then sell off late evening.. I don't think we can hold new highs but I think we will at least try.

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.


  • Similar Content

    • By Quantower
      The main goal of this thread is to show what Power Trades is and how it works in different markets. We will show some patterns on the ES and NQ futures, as well as discuss possible improvements to this functionality.
      What is Power Trades?
      Ok, first we will consider what the Power Trades is and how it finds zones.
      Power Trades shows the zones with the execution of a large number of orders in a very short time, which will affect the price change with a high probability.
      Here are a few examples of how it looks like


      How it finds zones?
      There is a continuous process of placing, changing and executing orders in the market. All this affects the price change and the expectations of traders regarding the future price.
      When a large order appears at a certain level, the price is more likely to come to this order and it will be executed because the market is always looking for levels with liquidity. This already applies to the order flow and the mechanics of orders matching, so we will omit the principles on which the orders are matched.
      It is only important to understand that "abnormal events" occur in the market at certain times. Execution of a significant volume of orders in a very short time is one of such events.
      The Power Trades Scanner has several important settings that directly affect the results:

      Total Volume — the minimum value of the volume that should be traded during the specified time interval
      Time Interval, sec — the time over which the Total Volume should be traded
      Basis Volume Interval, sec — this parameter shows how much % took the traded volume in the total volume for the specified time.
      Zone Height, ticks — this parameter will show only those zones where the height is less than or equal to the specified value (in ticks).
      Level2 level count — the number of levels that are involved in the calculation of Imbalance and the Level 2 Ratio column in the table of results.
      Filter by Delta,% — the parameter will show zones that have a delta value greater than or equal to that specified in the setting. The value must be specified by the module, so the table will show both positive and negative delta values. We recommend paying attention to the zones with the delta above 50% (taking into account the specifics of each trading instrument).
      For example, let's set the Total Volume of 2000 contracts and Time Interval in 3 seconds on the E-mini SP500 futures. This means that the scan will be based on the available history and will show on the chart only those zones that have such a volume for the specified time.

      Additionally, it is worth to set a delta value to filter out the zones with one-side trades. The more delta value, the high probability that the price will reverse.

      So, as a starting point about this scanner, I think this information will be enough
    • By makuchaku
      Hi everyone,
      This is my maiden analysis using volume profile - so please don't hesitate to share your feedback.
      As per the attached analysis, I think that SPY is primed for a short - for many reasons
      - Multiple strong rejection of long positions exist at Resistance R1 and R2 : seems like sellers defending their positions
      - Very strong short volume seen at R2 : further signifying sellers who are ready at that level
      However, once the price reaches Support S1, there seems to be a strong buying sentiment which has rejected previous shorts. You can see trading ranges & pullbacks to S1 where buyers and sellers seem to agree on a price range, often leading to a buyer dominance.
      What do you think?

    • By TraderJoe
      Hey All,
      does anyone sell Volume Profile Indicator for NT8.
       
      Regards
  • 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.