Zb

[rathcoole_exile]

haven't been on T2W much over the last couple of years, and definitely neglected my old ES Journal.
Let's see if I can keep p with maintaining my new ZB journal

Three fairly simplistic methods, both using Volume Profile (VP) and Order Flow (OF) as confirmation/triggers:

A)
pre-opening Range, 1920pm to 2020pm EST
If the Range is > 17 points, no play today
If the Range is <=17 points, play a breakout from the Open
Target is whatever is the Range
Stop is generally 5 ticks

B)
my old favourite, Camarilla Pivots (Weekly)
Long at S3
Potential Long/Potential Short at R4 (depends on VP/OF)
Short at R3
Potential Long/Potential Short at S4 (depends on VP/OF)

C)
Long or Short (depends on VP/OF) at '00/32 and '16/32
Target 1 at '08/32 or '24/32 for 8 ticks
Move second Car to B/E
Target 2 at '00/32 or '16/32 for 16 ticks
Only just started plying with this, so we'll see how it goes. Might not pan out at all, but back-tests look promising

 

[rathcoole_exile]

Today's pre-open range was '28 to '17
so went short at '17, target '06

Stopped out for -5


Next was Long from '16, T1 '24, T2 '32 (00)
Car 1 hit T1 for +8
Car 2 stopped out at B/E
on the 2nd trade, funnily enough, price stopped exactly at the Top of the pre-Open Range at '28

I'm still of the view that there might be chance for another push down from '17 to '06



+3 for the day so far
let's see if anything else materialises...

 

[rathcoole_exile]

so that worked this time
method A

'17 short to '06

of course that means method C also worked '16 to '08 but I didn't double the number of cars

+14 ticks for the day

now looking for a trade from '00, but what direction ? Hopefully Order Flow will give some hints

 

[Mr. Charts]

Welcome back !
Richard

 

[rathcoole_exile]

thanks Richard,
yeah it's been a while

 

[Mr. Charts]

You've been missed

 

[rathcoole_exile]

haha, like a hole in the head

 

[rathcoole_exile]

what a terribly slow session.
no trade on ES, it's just batting between last week's Close and the new weekly Pivot

and the ZB is glacial
unless there's a move later on out of nowhere, I can't see much happening for the rest of the day
so I'll bid you goodnight ...

 

[rathcoole_exile]

Today's pre-open Range 164'19 to 164'09

so first play will be a break of that Range
target 10 ticks, stop 5 ticks

Then we'll see what Order Flow is telling us about a break from Round Numbers '16 or '00

 

[tar]

Good to see SL is being used here ....

 

[rathcoole_exile]

short from '09, target hit

+10 for day

pending a new trade from '00, but not sure about direction, waiting on Order Flow to show some clarity

 

[rathcoole_exile]

but while I was managing the ORB trade, I missed out on 24 (8+16) ticks, from '16 to '00

hmmmm......

 

[rathcoole_exile]

Thursday's early pre-open range is 163'27 to 163'17

I've ignored the first breakout above '27,
as I believe the bias is to the downside,
and also not seeing any support in Order Flow


prefer to wait for confirmation of a short from 164'00 or 163'16,
if such a thing occurs

 

[swissy]

Great to see you posting again.
I pm'd you many moons ago re Hua Hin (have a family property there)
Are you still trading from BKK?
(You can PM me if you want)
Regards.

 

[rathcoole_exile]

hi, I've just checked my mailbox.
can't see any message from you
sorry
:-(


50/50 between Bangkok and Pattaya (Jomtien) at the moment,

although struggling with poor internet connection this week up in a village outside Sakon Nakhon
Feels like the remotest part of Thailand, but the bird's home is here...

 

[rathcoole_exile]

Thursday's early pre-open range is 163'27 to 163'17

I've ignored the first breakout above '27,
as I believe the bias is to the downside,
and also not seeing any support in Order Flow


prefer to wait for confirmation of a short from 164'00 or 163'16,
if such a thing occurs

well, got that completely wrong haha

 

[swissy]

hi, I've just checked my mailbox.
can't see any message from you
sorry
:-(


50/50 between Bangkok and Pattaya (Jomtien) at the moment,

although struggling with poor internet connection this week up in a village outside Sakon Nakhon
Feels like the remotest part of Thailand, but the bird's home is here...

PM sent. Getting back to nature and fresh air (detox?) in Sakon Nakhon lol
Are you using Jigsaws order flow software btw?

 

[rathcoole_exile]

PM sent. Getting back to nature and fresh air (detox?) in Sakon Nakhon lol
Are you using Jigsaws order flow software btw?

Yes, big fan of Jigsaw

I look at charts pre-session, but not again really,
I just trade off Jigsaw

 

[rathcoole_exile]

Friday's pre-ORB is 164'09 to 164'18

* so first order of the day will be to look for a break out of this range

* followed by usual speculation at '00 and '16 price points

* we're still trading in the middle between either of the level 3 camarilla pivot points
it's really unusual to see a week when at least one (if not both) are hit
this has been a very tightly coiled week so far, surely the spring will have to unleash sometime soon......

 

[rathcoole_exile]

very little volume so far,
I thought the long holiday weekend was only next Monday ? Seems like some traders have taken off early ?