Search results

Yes, in MP term it would be similar to the approximate value of the POC but please note that I do not take the "time" part into consideration.

The value-range is 1287.5 - 1288.5 (based on March 3rd's data). Plan for March 6th. If the market opens below 1287.5, I'll have a sell-limit at 1287.5 with the stop at 1291.5. If it opens at/above 1291, I'll have a buy limit at 1288.5 with a stop at 1284.5. The reason I chose 1291 is...

Stopped out. Loss: 4 pts. Done for the day. Still have faith in the system. Will post value-range for Monday later tonight. Good Luck.

Feb 03, 2006 Sell-limit 1290 Stop 1294 Exit at close.

I was influenced by Market Profile but what I'm doing is just price/volume analysis. I'm not using MP at all. There could be instances when the MP value-range and my value-range match but that's just coincidence. What I basically do is look for significant volume at a certain price in a day...

Sorry I do not have an actual real-life example to post here because one of my friend does it and tells me the range. But for example, let's assume that the price and volume are as follows. 1291 ---- 13000 1291.5-----5000 1291----5000 1290.5----2000 1291----2000. So you just add all...

Another example on Feb 3rd 2006.... The value-range was identified as 1272-1273(based on the price/volume on Feb 2nd). On Feb 2nd the price closed at 1271.75(at 4est) and it was at 1269 on Feb 3rd at 9.30est. Since the price opened below the value-range, I entered a sell-limit at 1272 with a...

First of all I find the price range(value-range) where a significant volume traded compared to the day's volume. For today (March 02, 2006), the value-range is at 1285-1286 and 1290-1291. The price did go below 1285 ( at 10EST), but it quickly got rejected and moved higher to 1292(at 11 EST)...

Okay.... Here it goes. I have been around here for a while but this is my first post. I have always wanted to trade futures for a living and tried few times with limited, short-lived success. Recently after reading Market Profile by Bolter(here on ET), I got interested on price/volume...