Friday, April 28, 2017

GBP/USD HVN and "Big Round Number" Scalp

Really liking this system, needs some more work, but so far getting a good win rate. Was a bit early on entry with this one, and it was moving very slow, I exited too early. If I'd left it, would have gone for 50 pips - ain't that always the way!

Thursday, April 27, 2017

More EUR/JPY scalps

Quite liking the EUR/JPY at the moment, great for scalping just now, using the High Volume Nodes (HVNs) and Low Volume Nodes (LVNs) of the volume profile.

Tuesday, April 25, 2017

Scalping EUR/JPY Using Big Round Numbers and Profile Levels

Some nice scalps on EUR/JPY using "big round numbers", and LVNs (Low Volume Nodes) and HVNs (High Volume Nodes). The HVN wasn't so good in this case, but managed to close for small profit still.

Market Dynamics - Trade Location w/Peter Davies @ Jigsaw Trading

Monday, April 24, 2017

Composite Profile Release 23

I've just uploaded a new version onto the server.

Release 23:
  • Added new date-based colouring effect
  • Added new "tool-tip" style

The new colouring effect, colours the profile's price bins according to how "old" they are, i.e. how long since price last touched that level. The colour is generated using the rainbow effect with red as the most recent, and blue as the oldest. 


The new "tool-tip" styles provide additional summary information about the profile and individual price bins when the mouse cursor hovers over the profile.


More information about the Composite Profile can be found here.

Friday, April 21, 2017

New display mode for the Composite Profile

Just playing around with a new display mode for the Composite Profile. This colours the profile's price bins according to how "old" they are, i.e. how long since price last touched that level. The colouring is using the rainbow effect with red as the most recent, and blue as the oldest.

The idea behind this was to see more clearly on the profile when price was approaching an area that was not visited in a while.

I'm still experimenting with it. It might not make it into the next version.


Saturday, April 15, 2017

Mean Reversion and Cointegration

Some interesting and easy-to-understand info on mean-reversion of forex pairs, and synthetic currencies (i.e. baskets).

Part 1
Part 2

Monday, April 10, 2017

New Release of Market Profile Indicator

Just uploaded a new version of the Market Profile indicator onto the site.

Release 21:
  • Added “Daily end time” for the “Daily” profiling mode

This mode allows daily profiles to be configured with specific start/end times, for example if trading US SPX500, you can set start time to be 9:30 EST and end time to be 16:00 EST, representing the underlying cash market.

More information can be found here.