ES Thursday 10-6-11


  • 3
  • BruceM
  • 5-Oct-2011 at 11:11 PM
  • Rep: 216k
  • Posts: 19.9k
Here is a recap chart from Wednesday. I'm going to get the date right tonight. Very instructive day and was hoping we'd have some good examples this week. You may want to reference Mondays and Fridays chart to understand this a bit more as those "bell curves" interacted nicely with todays trade.
Click image for original size
wednesdayrecap
  • 0
  • Lisa P
  • 6-Oct-2011 at 2:36 PM
  • Rep: 6,498
  • Posts: 1,428
for channel traders

Click image for original size
2011 10 061434
  • 0
  • BruceM
  • 6-Oct-2011 at 2:38 PM
  • Rep: 216k
  • Posts: 19.9k
I have 57.25 as the actual close price Lisa....
  • 0
  • Lisa P
  • 6-Oct-2011 at 2:40 PM
  • Rep: 6,498
  • Posts: 1,428
thanks Bruce
  • 0
  • Lorn
  • 6-Oct-2011 at 2:43 PM
  • Rep: 16k
  • Posts: 1,406
That is very true, and is always a difficult thing trying to determine a developing profile.

If the p shape continues through the end of the day, finding a good number in the tail will be key support for bulls tomorrow.

Originally posted by BruceM

Lorn, my concern is that the peak volume price has now flipped up so now peak volume is inside of That key range...it is above the low...so price is being accepted in there....
  • 1
  • BruceM
  • 6-Oct-2011 at 3:12 PM
  • Rep: 216k
  • Posts: 19.9k
I'm always trying to fiqure out the ellusive VPOC shifts and what makes some "work" and others don't...my latest brain storm is to try and fiqure out if we need the VPOC to shift higher inside and above a low volume area from a previous day to have meaning....or would it be better to have VPOC shift and be above the key days VPOC..in this case VPOC would need to be above the 1154 number..

I must admit my brain is hurting on that one...it's no wonder I prefer the morning trade...just kicking back now...initiating trades in the middle of that bell curve you point out is high risk and not worth it to me....
  • 0
  • Lisa P
  • 6-Oct-2011 at 3:14 PM
  • Rep: 6,498
  • Posts: 1,428
I am under impression that VPOC usually refers to the previous day(s) POC that have not beeen tested, and not the shifting POC of the current day.
  • 0
  • BruceM
  • 6-Oct-2011 at 3:41 PM
  • Rep: 216k
  • Posts: 19.9k
could be...some use NPOC for Naked POC .. I was refering to Volume point of control..(VPOC).don't these traders know that we need a standard ??
  • 0
  • Lisa P
  • 6-Oct-2011 at 3:44 PM
  • Rep: 6,498
  • Posts: 1,428
Not everyone has volume histogram. lots trade TPO only , as that is all their Profile indicator shows. I never had volume profile before I got M-Delta
  • 0
  • Lisa P
  • 6-Oct-2011 at 3:45 PM
  • Rep: 6,498
  • Posts: 1,428
old gap closed, mission accomplished. But not before they "Prep-H-ed" many traders
  • 0
  • BruceM
  • 6-Oct-2011 at 3:57 PM
  • Rep: 216k
  • Posts: 19.9k
The website hypertext describes VPOC as you have stated Lorn so I will refrain from using that term here
  • 0
  • sandoxe
  • 6-Oct-2011 at 11:09 PM
  • Rep: 445
  • Posts: 418
Originally posted by NickP

thanks !


My pleasure NickP.
Emini Day Trading / Daily Notes / Forecast / Economic Events / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Mortgage Calculator / Donate

Copyright © 2004-2023, MyPivots. All rights reserved.