I have been working on using Market Profile for the truly 24 hour markets, such as the currencies. My current conclusion is to treat those markets, such as the Euro, in the same way that the big trading houses treat them.
Most of these trading houses have trading presences in the three major time zones: New York, London and Hong Kong. There are slight variations to the cities - Hong Kong may be Sydney, Singapore or Shanghai, but broadly speaking these are the areas where the trading originates.
These same houses run "trading books" - positions - that they pass around the world when each regional office stops trading for the day as the dawn is breaking and the sun heads west.
If you look at the markets, the usual human characteristics are evident. Everyone is different, and as the book is passed the local office puts it's own slant on things, adjusting the book in line with it's opinions and news.
So, I join these guys and start my Profile when Globex opens in the U.S. on Sunday afternoon (9.30 pm in London) and create 3 Profiles every 24 hours from that moment - each profile being 480 minutes (8 hours) long. This roughly meets the beginning of activity in the U.S. at about 8.30 pm NY time.
The Euro FX future looks like this in Market Profile:
I use each Profile as I use other Profiles. I split the Profiles as necessary and merge them too. But this is a good starting point for me.
Editor’s note: We recently launched an improvement that makes over 60 additional Google services available to Google Apps users. This series showcases what’s new and how your organization can benefit.
Welcome to Google AdSense Do you have traffic to a web property that you would like to monetize? Whether you’ve invested time and energy in developing web content that brings in tons of traffic or would just like another income stream to support your business’s online presence, there is a solution for you that now works with your Google Apps account: Google AdSense.
Google AdSense enables millions of website owners of all sizes to display relevant ads alongside their online content. AdSense taps into Google’s vast network of local and international advertisers so there is great variety in ads, and Google technology selects ads specifically targeted for your website and visitors. By allowing advertisers to compete to display ads you can easily monetize traffic to your website and earn revenue.
Setting up an AdSense account is easy and free. As soon as you set up your account you can begin to place ads on your website. AdSense provides actionable data to help maximize your revenue, rich controls to protect your brand, and other helpful resources to improve your efficiency in managing and optimizing your revenue streams.
AdSense is simple to set up, you just have to add a few lines of code to the HTML of your site and you’re ready to start displaying ads. With AdSense, you stay in control of the user experience on your site by customizing the size, location, and types of ads that appear, and there is no commitment so you can turn the ads off at any time.
Before this improvement enabled access to additional applications, Google Apps users had to create a separate account to sign in to AdSense. Now, Apps users can access their cloud-based productivity applications, along with AdSense, using the same account. As an Apps user, you will now be able to seamlessly control your AdSense ads, as well as view a wide range of descriptive statistics and graphs about your ad performance using your existing Google Apps account.
Just like Google Apps, AdSense runs in Google’s cloud so you get easy access from anywhere without any software to install or hardware for IT to maintain.
Learn more and get started Google AdSense can be enabled by your domain administrator from the Google Apps Control Panel at https://www.google.com/a/[your_domain.com] (replace [your_domain.com] with your actual domain name). If your organization isn’t using Google Apps yet, you can learn more and sign up today at http://www.google.com/apps/more.
You can learn more about Google AdSense in the Help Center or stay up-to-date on the latest launches on the Inside AdSense Blog.
Note: Google AdSense may not be available in all areas. Update: For those of you who already have a Google AdSense account, we're in the process of finalizing the infrastructure that will allow you to seamlessly transition your existing AdSense account and data over to your Google Apps account.
As I said in earlier posts, I do some longer term trading with pairs and options. The methodology I use is very similar to my day trading, except that I usually only need to look at the trades once a day.
Today's chart is an example from the Gold market. It's a daily chart, but if I had cut off the information that gave away the time frame, it could just as easily have been an intra day one.
I just keep it simple, add proper money management to a high win rate and it all comes together. Again, I need different bits of information in my picture and then the order flow tells it all. The Market Profile adds the context and in the longer daily time frames, it adds the "volume" component.
These longer time frames can be traded with futures out right, options, option spreads, ETFs and options on ETFs. We are spoiled for choice for instruments and can choose the one(s) that best suit our financial objectives.
In trying to determine the scope of a Nano sat launcher project I generated the following list or physical hardware. There is an equivalent scope of work for Ground support, Software, Logistics, Regulatory issues etc...
Welcome to this effort to reach out to more of the entrepreneurs and small business owners of Southeast Missouri. I hope you will come back to this blog from time to time as I plan on weekly updating it with tips and news about the small business world. I really would like for this to be a vehicle for you to communicate to me also. For my first entry, let's talk about making money online with
Editor’s note: We recently launched an improvement that makes over 60 additional Google services available to Google Apps users. This series showcases what’s new and how your organization can benefit.
Welcome to Google Custom Search These days, content is being created faster than ever. In fact, the data equivalent of 250,000 years of DVD-quality video is created every two days, which is more than the entire amount of digital information that was created from the birth of the world up to 2003. Users are faced with the challenge of wading through all of this data to find the information they are looking for, and businesses are faced with the challenge of making this easy to do for their customers and employees. Most businesses consolidate their information on a public-facing website, internal micro-sites, product blogs and customer portals to help visitors surface relevant content. But even with this type of organization and structure, information can still be difficult to locate. That’s why we are pleased to introduce Google Apps customers to a product that will make finding easy for their employees and for their customers: Google Custom Search.
Google Custom Search brings the power, speed and relevance of Google.com to any website through a hosted search bar.
Custom Search allows visitors to your site to scour your web pages in fractions of a second with the same speed and familiarity that they are used to when performing a search on Google.com. The technology behind Google Custom Search powers the built-in search capabilities of Google Sites and Blogger, so if you organize your web content using these tools then you’re already using it. For other websites you create, set-up takes only a few minutes and adding the search box is as easy as pasting a few lines of pre-generated code to the HTML of the page where you want the search box to appear. Just like Google Apps, with Google Custom Search there’s no hardware or software to maintain or upgrade - it gets better as Google gets better.
Google Custom Search will automatically display advertisements and allows you to monetize them using AdSense for search. If you prefer that ads not be displayed you can upgrade to Google Site Search.
Learn more and get started Google Custom Search can be enabled by your domain administrator from the Google Apps Control Panel at https://www.google.com/a/[your_domain.com] (replace [your_domain.com] with your actual domain name). If your organization isn’t using Google Apps yet, you can learn more and sign up today at http://www.google.com/apps/more.
Tracking my trades has made me a better trader. I am able to see which trades work and which don't. The structured trading that I both advocate and teach has the important benefit of being able to be measured. The measurement allows me to make changes both in the pictures I trade and decide whether to take them at all.
One of the pictures that is the most consistent is the Gap trade. I trade it on the Dow Euro 50 and on the ES. I am presently working on extending it to the Euro future. This has proven to be more challenging, as there is no exact open. When the traders roll into the office every morning and get the book handed over to them from the previous time zone, they trade. The actual time is not the same in each of the houses. It is the new beginning and catch up that gives the Gap trade it's juice.
The Gap today in the Dow Euro 50 was nice and calm. Often, I take exactly the same looking trade in the ES 7 hours later as history repeats itself. This trade has been one of the most profitable and consistent in my arsenal. The timing of the trade is critical, as just shooting bullets at the open could result in costly stop outs before the market goes in my direction. I lean on something to do this trade and have the trade meet my picture requirements.
