ES Thu 8-18-11

Single print left behind above us a 1194.75 in the H bracket on 8/17 (Wednesday). Coincidence that Wednesday's Market Profile long trade at the market was from the VAH at 1195.25 and now that support price has become a resistance line?

WTF was that?

here is a look at that big day on 8-11 and the day following on 8-12 which explains itself as to why I was using the areas I did today. This chart is just marked with the high and low values labeled. Hope it helps some understand the volume and distributions a bit more.

Thanks Bruce

Thanks bruce

lisa we didnt see the vwap all day

that was a message for me "do not take longs"

I wish I listened

Originally posted by Lisa P

that was a message for me "do not take longs"

Yes but having truble putting chart from tradestation in the sight

On the other hand, short trades off it would be good...

if we got up to the 48.25 i would eat my hat

Big Mike,
question 1)

The market will not always blow past a low volume node and go to the high volume node . Quite often it just over shoots it and then I get the signal to get short or long. The overshoot runs out the stops from the people who are expecting the market to stop right at the low volume zone. You will see this quite often at single prints for example. Many use fixed stops on that trade and often they get taken out and the market returns to the low volume zone.

question 2) Correct..I used that day because it was below the open of yesterday so I want to know where the key numbers are below and above the open price so I have some references to work from