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  1. R

    Market Profile Discussion

    Agree that Dalton's book is the place to start. Read it, then read it over again to catch things that didn't sink in the first time. Another great newer teaching source for MP is Tom Alexander's web site. Sounds like he's a trader/mentor who has been using MP for quite a while and is great at...
  2. R

    Timing the market with Bollinger Bands

    I think of Bollinger Bands as measures of statistical deviation from purely random motion. As such, if the price pierces the Band and walks along it, then price is no longer mean-reverting in the short term, but trending. I like to use a variation of Joe Ross' "Gimmee Bars" to trade using the...
  3. R

    Pivot Ranges: Useful Tool or Snake Oil?

    Today's trading on the 30 yr TBonds was a perfect example of the High Low targets bounded by the pivots. Bearish on the Bonds going into today based on 1 day MA of daily pivot under the 3 day MA of daily pivot. Predicted target for high would be R1 10900, target for low S2 10808. Actual high...
  4. R

    Pivot Ranges: Useful Tool or Snake Oil?

    bluedemon77, I second everything steve46 wrote. Haven't read Mark Fisher but, I found John Person's writings and webinars of value in learning how to use pivots. My 2 cents: 1) Figure out the best High, Low and Close to use to calculate S3 to R3 for the particular market. Obviously, the...
  5. R

    Estimates for crude inventories

    nasdaq5048- seems that the platts site recently stopped posting estimates for weekly inventories...like you said, it's inconsistent. Today's was there but not last week. You can sign up for free emails from platts that also sometimes has the estimates before the number. Bloomberg will also...
  6. R

    Trapped like a rat in ECBOT

    hedge your position in the S&P emini on the CME
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