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Levels for today: ES 1280.75 1278.50 1273.75 YM 11058 11045 11018 ER2 724.0 720.4 719.4 Note that for all 3 markets I have revised the LVA upwards to incorporate the latest VA that was established yesterday afternoon. Both the ES and YM are looking to open right around the POC so...

PaperTrader, Actually one point about how I set my initial bias ..... When the market is range bound (on a daily chart), like we are at the moment, I use the open relative to the POC to set my initial bias. However, in a strongly trending market I will usually use the LVA (uptrend) or UVA...

Papertrader, Since I was not trading this is purely notional .... You're right I would have had a negative bias at the open and shorted around the POC, and probably reversed at the LVA. Hard to say whether I would have been stopped out, filled etc. All other things aside a successful retest...

Master, The fact that all 3 were so close together means it is a critical level - we saw that it bounced off the first time. I call this a battleline - bullish above bearish below. Now if you're asking about bottoming, I think the fact we closed above 1270 was a very bullish development for...

Yesterday was a trend day - where we cleared the IB and didn't look back. As you can see from the chart below our levels worked superbly well again today - I'm bummed I wasn't trading. Buying the second bounce off the LVA is one of my favourite trades. If the market has strength at the UVA...

Thanks Runnbear and Student, I've got volume bars working fine. Very interesting!

Master, Let's just say I'm doing ok - on paper! I'm on track to hit my goals this month which means I can start trading real $$ next month. The good thing about trading is that the markets will always be there. Cheers

Lmeyers, And as a matter fact I do hail from the land down under - where the women blow and the men chunder! Very astutue of you!

LMeyers, Good for you. Spend some of your profits on your valentine. We all need to make the world go around! bolter

Lotus 7 what datafeed are you using with Ensign? The difference with our levels today are due to a different POC. I have 31,719 lots @ 1268 and 30,956 @ 1266. Touch and go but 1268 is the volume peak (POC). Is your VP study on Ensign using tick data - if so it could be more accurate. bolter

Here's my levels for today guys: ES 1268.25 1268.00 1263.50 YM 10950 10930 10895 ER2 715.40 713.00 710.40 The key S/R levels have not changed appreciably from yesterday for all markets. Once again we have the crictial battleline for the ES in the 1268.00-1268.75 region, where we have...

Student, Now I get it. You did describe it exactly correctly it's just that I'm such a putz I didn't realise the Standard charts in eSignal had these options. I always use advanced charts. Thanks for enlightening me. I will experiement with this and see how well it works. Initially I used...

I just found another efs on the eSignal site that looks relevant. No I haven't validated the output yet, however you might want to give it a try. http://forum.esignalcentral.com/showthread.php?s=&threadid=17157

Hey thanks Runningbear. You've inspipred me to try again. How do you find the constant volume chart? bolter

K-Rock, Very useful information. I had no idea. Thanks for that.

Incidentally yesterday I experiemented with a Tick bar chart - see below. It has the effect of (almost) normalising volume, and the B/A Anaysis is much clearer - the waves of buying and selling are more obvious. eSignal has a Volume bar option but I can't get this work correctly, which is...

Well my plan to short the ES around the 1268-69 level with a target of the LVA worked perfectly. Only 1 trade today but it was a gem, although extreme patience was required. Nothing more to say really. On the YM I didn't get the preferred trade setup in the morning. The market was very dull...

Guys, All this confusion about my levels ... I did predict early on that this would happen. Let me be quite clear about this (again) I do not follow the standard MP method for determing the VA. Steidlmeyer uses a TPO count to determine the VA. I believe he did it this way because intraday...

Student, I don't know what this is? I'm don't know what this is either. Maybe you can be more specific or post an image. I answered this question over the wekend. Scroll back a few pages. bolter

Yellar, Hey thanks Yellar. Getting short a few ticks from top and covering a few ticks from the bottom is a pretty good day by any standard. But to call the trade before the open ..... well what can I say? Regards