MyPivots
Sign In
BR
BruceM
Rep: 216,211
Posts: 19,895
Here is a recap chart from Wednesday. I'm going to get the date right tonight. Very instructive day and was hoping we'd have some good examples this week. You may want to reference Mondays and Fridays chart to understand this a bit more as those "bell curves" interacted nicely with todays trade.
Click image for original size
LI
Lisa P
Rep: 6,498
Posts: 1,428
for channel traders

Click image for original size
BR
BruceM
Rep: 216,211
Posts: 19,895
I have 57.25 as the actual close price Lisa....
LI
Lisa P
Rep: 6,498
Posts: 1,428
thanks Bruce
LO
Lorn
Rep: 16,037
Posts: 1,406
That is very true, and is always a difficult thing trying to determine a developing profile.

If the p shape continues through the end of the day, finding a good number in the tail will be key support for bulls tomorrow.

Originally posted by BruceM

Lorn, my concern is that the peak volume price has now flipped up so now peak volume is inside of That key range...it is above the low...so price is being accepted in there....
BR
BruceM
Rep: 216,211
Posts: 19,895
I'm always trying to fiqure out the ellusive VPOC shifts and what makes some "work" and others don't...my latest brain storm is to try and fiqure out if we need the VPOC to shift higher inside and above a low volume area from a previous day to have meaning....or would it be better to have VPOC shift and be above the key days VPOC..in this case VPOC would need to be above the 1154 number..

I must admit my brain is hurting on that one...it's no wonder I prefer the morning trade...just kicking back now...initiating trades in the middle of that bell curve you point out is high risk and not worth it to me....
LI
Lisa P
Rep: 6,498
Posts: 1,428
I am under impression that VPOC usually refers to the previous day(s) POC that have not beeen tested, and not the shifting POC of the current day.
BR
BruceM
Rep: 216,211
Posts: 19,895
could be...some use NPOC for Naked POC .. I was refering to Volume point of control..(VPOC).don't these traders know that we need a standard ??
LI
Lisa P
Rep: 6,498
Posts: 1,428
Not everyone has volume histogram. lots trade TPO only , as that is all their Profile indicator shows. I never had volume profile before I got M-Delta
LI
Lisa P
Rep: 6,498
Posts: 1,428
old gap closed, mission accomplished. But not before they "Prep-H-ed" many traders
BR
BruceM
Rep: 216,211
Posts: 19,895
The website hypertext describes VPOC as you have stated Lorn so I will refrain from using that term here
SA
sandoxe
Rep: 445
Posts: 418
Originally posted by NickP

thanks !


My pleasure NickP.