Sweet and Sour Markets

I think I have transitioned to MarketDelta now although I am still working on enhancements. The change I made to the MD CVD setting to bring it into line with my MultiCharts indicator was to keep accumulating volume information rather than e-setting it to zero at the beginning of each day. I keep the volume information cumulative for the last 9 days or more. With so many traders in so many timezones there is no longer a start and a finish to a day so  I want to follow the volume on a 24 hour basis. If you look at the last DowEuro chart on the blog which was Friday, you will see the cumulative volume at the close on Thursday was buying volume, and seeing Friday's open continue that buying volume, was important for us.

Then I look at the Market Profile, I start by splitting the Profile into RTH and Globex, but then re-split and merge the Profiles into the real distributions as I see them. This reveals the real VAHs, VALs and POCs.

We have started work on preparation for the webinar. It will be a combination of slides and working with the charts. I'll post an agenda when we are closer to the time.

After this mornings early missed trade, maybe my wife and I will have to move to Hong Kong to trade for awhile :-P. But all kidding aside, there seems to have been a move of activity to the European and Asian time zones lately. Whether this is permanent or not, time will tell but it certainly gives us traders here in Europe the ability to be there when markets move.

 

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