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opm8662

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Posts posted by opm8662

  1. thanks

     

    All expained above, it's pure theory. But we live in a real world where theory can be a little tricky. Let's look at this image:

     

    http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/3b6cd2a1-7426-4eb4-b8b4-dda418043674/2016-08-01_1122.png

     

    It's clear that the market is working on this area, but has zones where the volume is thinner. For define a better balanced zone the market need to spend more time working on it. Knowing this potential action, we can be focused where is the best place to be, the lows or highs and see what happens at those extrems.

     

    thanks for the advice..

  2. great trade

     

    Hi, I know that I was out for a few months, but really busy... I trade every day and posting in a forum is a consuming task that with a busy life can be a little hard. I want to explain a trade I took today, one in ES and another on 6E. I will explain about the trade at ES.

     

    Context, The market was trading down. We test previous Vpoc and reject this zone. Then start going down, and in this movement, we test the previous VAL and a buy zone. Looking at the volume ladder you will see that at this point buyers were really aggressive, buying and absorbing sitting sellers. This kind of thinks are what makes sense to look. If you are a retail trader, need to spend your effort to find a big fish who will protect you and your trade,not because you will be important. His position will take care of you :D

     

    2017-04-04_2013.png

     

    great trade....

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