The EURO was cooperative today: image

Auction Market Theory and Market Profile

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Auction Market Theory and Market Profile

You the man.

Intraday Trading the US Index Futures

Every indicator that has ever been created is ALWAYS right by definition. Indicators do one thing: they indicate. More precisely, they indicate when certain predefined conditions exist or do not exist. When a MACD turns GREEN it is 100% percent true ...

Why do traders use so many indicators?

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has anyone EVER seen a successful trader/trading system?

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vsa with Malcolm

While the developing auction is UP: the Market is finding Value higher today than yesterday, the fixed auction is DOWN: the Market found Value lower yesterday than the day before. Thus, I am only looking to take Shorts. I broke the rules and took a ...

Intraday Trading the US Index Futures

VolumeSpreadAnalysis(VSA) 501 On Tests (No Result from): While there are always things to learn, and subtleties and nuances to master, we have come to the last (graduate level) class on Tests. * We've learned that Tests that pass (confirm) and are ...

vsa with Malcolm

Usually, your charts don't show volume and you're obviously killing the markets without it. But I can't help feeling a warm fuzzy when you mention it.

Intraday Trading the US Index Futures

Nice chart. Thanks for posting.

vsa with Malcolm

Well done. I wasn't at my computer, so I missed it. So this is just a chart dump ( I hope that's okay). No assertions that the trade was taken are being made. image However, I got up early this morning and was able to catch a nice trade in oil ...

Intraday Trading the US Index Futures

I love your charts !!!! Jmflukeiii is a great trader and I enjoy seeing his "KISS" charts, but I truly believe the Big Boys embrace and use OrderFlow information in various forms. Please keep posting.

Intraday Trading the US Index Futures

Well done. You're a great trader. Thank you for sharing.

Intraday Trading the US Index Futures

Volume Spread Analysis (VSA) 301 On Tests (failed): In VSA, one often hears the phrase "in the right place". For example, a VSAer might say, "Only take No Demands when they occur in the right place.", or, " I only look for Tests that appear in the ...

vsa with Malcolm

If you are trying to say that MetaTrader is a toy, I fully agree. I have opined numerous times that trading is a business and as such professional business level tools should be employed. Data feed and charting packages do matter. If you are trying ...

Discussions on Order Flow/Volume

The Market is indeed an auction and exists for the sole purpose of facilitating trade. Price rises to find Sellers and Price falls to find buyers. Price is an advertising mechanism. Value is that place where the majority (70%) of trades occur. It's ...

Discussions on Order Flow/Volume

Price does not move without OrderFlow. I will grant you that there are times/situations where OrderFlow information is not actionable, but OrderFLow is always informative. Therefore, it can't truly ever be useless. Additionally, if the OrderFlow is ...

Discussions on Order Flow/Volume

Thank you for your kind words. Writing a post helps me learn, and I am glad to know others find some benefit in it also.

vsa with Malcolm

Thank you. As hard as I try, I can't seem to get away from volume, and more specifically, away from Volume Spread Analysis (VSA). Yea, in truth, the thinness only matters to those who trade with size. And as VSA would say, "Some fraction of the ...

Intraday Trading the US Index Futures

"All traders won't be back until Monday." Steve Grasso, CNBC Fast Money. Accordingly, only SIM trades today (and all week). 3 Trades*: 3 Wins. * For shits and giggles, I took a trade in the ES last night during my non-trading hours. It was a winner ...

Intraday Trading the US Index Futures