Volume Profile and Market Profile a new wave of market picture

[niftytraps]

trade 1

Dear Southpaw,

What made u to take the trade so agressively without waiting for proper pivot or pullback to yesterdays vah /yesterdays high . ?

When to take such aggresive trades.?

Thanks

Niftytraps.

 

[southpaw]

we are above yesterdays vah and weekly vah.. so we can get a bit aggressive on longs..
took longs on aggressive pivot. with agressive trail stops and ppb.(see 1 min charts will be clearer.):thumb:

Dear Southpaw,

What made u to take the trade so agressively without waiting for proper pivot or pullback to yesterdays vah /yesterdays high . ?

When to take such aggresive trades.?

Thanks

Niftytraps.

 

[manojborle]

Update:

Demand is getting absorbed, clearing way for clean fall ?

 

[rahulji]

any body using market balance or gomi ladder please post chart it will be helpfull now

 

[XRAY27]

xrayji is this open test drive and open rejection reverse ?

1 and 4 open rejection .. OTD is well known .

 

[manojborle]

Update:

Demand is getting absorbed, clearing way for clean fall ?

and the fall was clean :clap::clap:

 

[rjshem]

Lot was discussed on MP..but just presenting a volume profile POC setup for intraday trading !!! i think it was old thread i could not dig that out ,but afl for this is from net source...all credit goes to the author for this

it got great use in stock trading and index fut..there is no complex NPOC/FA/80% rule etc...

SETUP:

DP's needed PDH,PDL,Previous day volume POC

Flow:

a good example from today acc 3 mins chart this is a very high probable setup. its also long as per pivot method as breakdown failure at verl.

 

[XRAY27]

a good example from today acc 3 mins chart this is a very high probable setup. its also long as per pivot method as breakdown failure at verl.

Well any person can trade these four setups provided DP should have some strength ...and vpoc is a important factor..much more then VERL..second VERL marking in sideways create havoc to trading account, but vpoc does not do that ... my two cents

 

[rjshem]

Well any person can trade these four setups provided DP should have some strength ...and vpoc is a important factor..much more then VERL..second VERL marking in sideways create havoc to trading account, but vpoc does not do that ... my two cents

I don't use pivot method in classic way from my long study of charts I have derived my own way of using it I mainly use previous day high low as vital points and take it from there and this is one of high probable setups I use since it is also same as ur points except verl posted here as example .

 

[XRAY27]

I don't use pivot method in classic way from my long study of charts I have derived my own way of using it I mainly use previous day high low as vital points and take it from there and this is one of high probable setups I use since it is also same as ur points except verl posted here as example .

yes !!! rjshem PDH and PDL are vital factors to trade i agree ,we have to develop our own way from given method/theory..unless it is mechanical !!!