No worries, I just remembered I haven't spoken about Cumulative Delta, that's next on the list Yeah no biggie, I am more annoyed by the lack of opportunity, it really comes in phases, I haven't spun anything today either except a couple of ...

Surfing Risk Intraday - Volume Profile and Order flow

Thick markets vs thin markets Here are two screen shots of the market depth / price ladders of two different markets 1) Crude oil. This is a very 'thin' market. By thin, we mean a lack of liquidity. notice on both the bids and the offers, we only ...

Surfing Risk Intraday - Volume Profile and Order flow

Regarding my own trading it's actually been the least profitable week of the year so far. I had a sizable winner on Monday in the GBP, but took 3 losers later in the week, with no trades on Tuesday or Wednesday. So I'm ending the week with a flat ...

Surfing Risk Intraday - Volume Profile and Order flow

Here's a little known fact. Chicago PMI, due to be released at 2.45pm (GMT) is actually released by the ISM 3 minutes early to those that pay a subscription. Therefore the main market move will always occur at 2.42pm. image One of the trades we ...

Surfing Risk Intraday - Volume Profile and Order flow

1834.00 is the RTH close from the 21st February, It was untested at the time, thats why I expected support there. In fact it still remains untested during Pit session hours, so we will probably see another bounce when we trade down there again ...

Surfing Risk Intraday - Volume Profile and Order flow

There's the move we were looking for. Not the cleanest trend up as we had Janet Yellen on the wires causing spasms in the market, but overall we got what we wanted. You can see the final pop up as stops were triggered above those overnight highs ...

Surfing Risk Intraday - Volume Profile and Order flow

Here's a snapshot of the S&P 500 overnight session. We have sold off quite a bit, dragged lower by the Dax and FTSE in the european session. However we have left behind some very weak looking highs, I would expect to see price back above this ...

Surfing Risk Intraday - Volume Profile and Order flow

Thanks Poocher! I think confidence is an essential aspect of trading that many people overlook. I've never met a successful trader who didn't believe in his/her abilities 100% (even before they were even profitable!) Great to have you onboard, RS

Surfing Risk Intraday - Volume Profile and Order flow

Hey spring, The only opening type I sit up and take note of is the open drive as you already mentioned. I will very rarely trade against an open drive move (unless the level is 'A+' and well beyond the ATR of the market. I don't much care about the ...

Surfing Risk Intraday - Volume Profile and Order flow

Here's the reason for the 1836.75 Long: A lot of trading has occurred in this area, in recent times, and last time we were up here back in December 2013/January 2014. The most traded price from all this chop was 1836.50. We opened the Pit session ...

Surfing Risk Intraday - Volume Profile and Order flow

Hey SGP, thanks for participating I looked into a trade explorer initially but I decided it was far more beneficial to discuss potential trade setups ahead of time with followers, and then watch them play out together, win or lose. I prefer to do it ...

Surfing Risk Intraday - Volume Profile and Order flow

Now the Pit session is open we have some nice volatility and volume going though, We got a nice reaction off the first green level so far, unfortunately I'm not onboard this move as it just missed my entry by one tick! Let's see what happens if we ...

Surfing Risk Intraday - Volume Profile and Order flow

Here's another example of the the market being attracted back, and getting stuck at previous balance area, this time in 6C, the Canadian Dollar future image

Surfing Risk Intraday - Volume Profile and Order flow

It should be another interesting day in the S&P today, I'm still looking for higher prices and will be entering longs much more aggressively than shorts. The main levels I'm looking at for support are the 1836.75 and 1834.25 levels. Let's see how ...

Surfing Risk Intraday - Volume Profile and Order flow

It's already happened. That VPOC at 1851.25 was created by sellers who shorted aggressively at that price, but all their selling was absorbed by the buyers, and it was inevitable that they'd eventually be overcome and be forced to cover their ...

Surfing Risk Intraday - Volume Profile and Order flow

It's a big day for the S&P500, so far in the session we have made fresh all time highs, breaking above Decembers previous top. Half way through the session we have this weak high forming, and VPOC shifted to a price 1 tick off the high, this is very ...

Surfing Risk Intraday - Volume Profile and Order flow

Here's another tool Profilers use. When we have an extended period (several days) of balanced, choppy, rangebound trading, we bracket the chop zone and draw a profile around it. In other words, we treat the chop zone as one big session, even though ...

Surfing Risk Intraday - Volume Profile and Order flow

I intend to do some posts regarding the DOM if people are interested, I'm trying to figure out the best way to do it, I think I will have to record a video since screenshots aren't going to communicate the mechanics of it particularly well. I trade ...

Surfing Risk Intraday - Volume Profile and Order flow

Gotta love Futures, Most new people entering the trading world start with spot FX since it's made so accessible, but it's really like the wild west in comparison to 'proper' exchange traded products in my opinion

Surfing Risk Intraday - Volume Profile and Order flow

Thanks for your vote of confidence MC, it's absolutely right to be skeptical, I think you have to be in this job. I just had a look at some of the other threads in the Commercial section and it's absolute carnage out there. We're getting a nice ...

Surfing Risk Intraday - Volume Profile and Order flow