CL Trading day December 14 2017

14.12.17 10:43 PM By bernard - Comment(s)
Market Context :
  1. Day - 2-day down time framing
  2. Week - 3-Week balance ( 59.05 - 55.75 )
  3. Month - 3-Month up time framing
  4. We are trading below last 2 Month POC ( 57.35 ) and last 4-Week POC ( 57.72 )
  5. Day Buying Tail from 12/06
Inventory
  1. Short term traders : Short
  2. Overnight : Short
Open Characteristics :
  1. Gap...

CL Trading day December 12 2017

13.12.17 12:08 AM By bernard - Comment(s)
Today's Context :
  1. Day up trend. ( previous low - 57.38 )
  2. 4-Week balance ( 59.05 - 55.75 )
  3. Monthly up trend. ( POC 57.35 )
Inventories
  1. Overnight Long ( POC 58.38)
  2. Short term traders Long ( 57.83 )
Open characteristics :
  1. Gap Up
  2. Conviction : High ( bearish )
Gap rule was in pl...

CL Trading day November 14 2017 PM

14.11.17 10:59 PM By bernard - Comment(s)
Trading Market Profile with Pro Suite ...
Market context :
  1. Monthly and Weekly up trend.
  2. 6-Day Balance ( 55.66 - 57.92 ).
  3. 3 Poor Lows ( 30/10, 2/11, 6/11 ).
  4. 2 Poor Highs ( 9/11, 10/11 ).
  5. Yesterday's Prominent POC ( 56.86 ).
Inventories :
  1. Overnight : Short ( pivot : 56.60 ).
  2. Yesterday's short term : Slightly S...

CL Trading day November 6 2017 PM

06.11.17 11:28 PM By bernard - Comment(s)
Frustrating day ... But good lesson to be learned. Market Context at open :
  1. Day, month ( inside a balance ) and week up trend.
  2. Day breakout confirmation.
  3. Short term inventory long
  4. Overnight inventory long ( Pivot 55.96 )
  5. Gap opening
  6. Opening below overnight long inventory pivot.
We op...