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Risk Surfer replied Feb 20, 2014Well we got out catalyst in the Aussie already! Weak data out of Asia meant money flowed out of the Aud and into the the Dollar causing large drop in the Aud future. Remember from the previous chart we had been balancing in the same area for 3 days, ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 20, 2014Sounds like you have a great grasp of the material already. Here's the Euro (6E) chart for the last 3 sessions including today: image Yeah something might come out of the G20 but I wouldn't count on it. Looks like the weak Chinese PMI data gave us ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 19, 2014Check out the 6A (Australian Dollar Future) For 4 sessions now we've had matching VPOCs to within 5 prices (0.9014 to 0.9019) The market is finding a lot of acceptance here and this is telling me the area will be very important. I expect us to move ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 19, 2014Hey Springger, I don't use the footprint chart at all, I can see some value in it, but it's really only showing you whats the Dom does. You're right, the footprint only shows actual trades have gone through, but the Dom does this too, it just ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 18, 2014Only had one trade trigger today, I posted a short level in the Gilt (UK 10 year government bond) last night at 110.35-37, Reasons are marked on the charts: image image image I liked this short as it coincided with ATR, so we knew that price ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 16, 2014There are definitely some big differences between the two: Low volume nodes: Lower probability of working, Likely to be a cleaner, faster bounce with almost no drawdown, so you can keep a very tight stop High volume nodes: Higher probability of ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 14, 2014Here's a trade idea I posted last night for subscribers. Strong support in the Bund at 143.49-51. The reasons for the entry were a stand out low volume node created during yesterdays session, with confluence on the daily chart in the form of a High ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 13, 2014Here's a follow up to this trade idea. The low volume area of 1807.50 did hold nicely, although we took a bit more heat on the trade that I expected, 5 points drawdown, but now we're trading almost 20 points higher image
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 12, 2014Here are my three charts for the S&P 500 future (ES) - Intraday - Rolling and Composite Each evening I cross analyze all 3 charts for each market I trade, and derive levels I was to enter positions at the following day. The ES currently has a very ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 12, 2014------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ That concludes the theory part of this thread. I'm ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 12, 2014Fundamentals The markets in general have been very news driven lately, So I think it's an appropriate moment to talk about news and fundamentals. First of all, I know many people intentionally ignore effect of news on the markets because they ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 10, 2014Opening and Closing Ranges Unlike the spot FX market, the futures markets are not open 24 hours a day. They have defined open/close times. Both the open and close are important periods to take note of, as you have a spike in volume and some unusual ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 8, 2014I know, it's been spelt incorrectly, but it's only the same one I put in my first post
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 8, 2014Many thanks for the feedback Jorge.. Your words are so kind that I'd imagine most people are going to think I wrote that myself... haha Have a good weekend all, more posts coming on Monday
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 7, 2014One more word on this, I agree that VSA can be used determine when sellers have stepped in in a rising market, but what we don't know is if they're actually going to overcome the momentum, in many cases, the sellers only fuel the move higher once ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 7, 2014Yes pretty much. Markets are obsessed with finding out as much information as possible for continuing. So they find it necessary to know what lies behind the wall or buyers/sellers that's creating that weak high/low. Often a weak high can be broken, ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 6, 2014Weak Highs/Lows This concept isn't strictly profile (although the profile can help you identify it) but it's something I use regularly in my analysis. When the market runs up to a resistance level, and continually retests it over and over again (see ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 5, 2014It can be overwhelming at first thats for sure. Especially when you're not really sure what you're looking for. But trust me, by picking one method and really sticking to it, after a while it becomes second nature, it's only takes me a couple of ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 5, 2014Yeah exactly that. Often they are a product of stop runs The answer to this depends on the following; What market are you trading? What kind of trade is it? (scalp/daytrade/swing position) How was the HVN/LVN formed / over what timeframe was it ...
Surfing Risk Intraday - Volume Profile and Order flow
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Risk Surfer replied Feb 5, 2014Repairing low volume areas It is interesting to watch how different areas of high and low volume interact with each other. Earlier in the thread I spoke about how previous high volume nodes often become future high volume nodes when price comes back ...
Surfing Risk Intraday - Volume Profile and Order flow