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It can be purchased as an add on as I recall with Ensign?
----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, July 30, 2001 9:52 AM
Subject: Re: [RT] Fri aftn-Market Profile.
> No I have only done it manually.
>
> ----- Original Message -----
> From: "wavemechanic" <wd78@xxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, July 30, 2001 9:32 AM
> Subject: Re: [RT] Fri aftn-Market Profile.
>
>
> Don:
>
> Have you tried to do this with a spreadsheet? Wonder if that is possible.
>
> Bill
> ----- Original Message -----
> From: Don Ewers
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Monday, July 30, 2001 8:36 AM
> Subject: Re: [RT] Fri aftn-Market Profile.
>
>
> For those that want to "experiment" with market profile it can also be
> done
> manually quite simply with 1/4 inch graph paper.
>
> As howard indicated O can be used to mark the open of the first hour (or
> half hour, my choice of a time frame), then the letter A for the rest
of
> the hour (or first half hour), B for the second hours range (second half
> hour), C for the third hour (or third half hour), ect. Looking at
Howards
> chart I believe he is also using half hour increments?
>
> I found it quite good at recognizing sideways days vs trending, FWI
(nice
> even parabolic distribition sets up), similar to the first day that
Howard
> shows on his attachment.
>
> I have used it for bonds effectively and it has helped as mentioned
above,
> to identify non-trending days (using 1/2 hour increments), giving you a
> feel
> for the day as well as areas of support and resistance (or value) from
> past
> trading days.
>
> ----- Original Message -----
> From: "Howard Hopkins" <hehohop@xxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, July 29, 2001 11:29 PM
> Subject: Re: [RT] Fri aftn-Market Profile.
>
>
> > I'm no expert on this stuff. I day trade the spoos and look where the
> open
> > in the pit session is relative to the previous days value and relative
> to
> > the previous days range. Two of Dalton's main points is that the
> purpose
> of
> > any market is to facilate trade and prices are searching out areas of
> high
> > volume or the value area.
> >
> > The other point that he made was about market participants with
> different
> > timeframe perspectives. Within the value area you have a lot of short
> term
> > traders buying support and selling resistance once you break out side
of
> the
> > value area then longer term traders are responsible for price
direction
> > until you start forming a new value area i.e. short term trading
range.
> >
> > Another thing he point out is the first hour range. If the range is
> very
> > narrow in the first hour look for range expansion and if the first
> hour's
> > range is very wide look for an inside day. The analogy he uses is
that
> of
> a
> > pyramid vs the shape of the daily market profile. If the base of a
> pyramid
> > or triangle is narrow than it is less stable than a pyramid with a
wide
> base
> > or foundation.
> >
> > I've attached last week SP Profile for the full size contract. The
> black
> > vertical line represents the first hours range, the O is the open, and
> the
> > small red triangle is the close.
> >
> > I don't know if anything I've said helps at all but MP does help give
me
> a
> > feel for the market and has help me understand price movement better.
> >
> > Good trading,
> > Howard
> >
> >
> > >From: Don Thompson <detomps@xxxxxxxxxxx>
> > >Reply-To: realtraders@xxxxxxxxxxxxxxx
> > >To: realtraders@xxxxxxxxxxxxxxx
> > >Subject: Re: [RT] Fri aftn-Market Profile.
> > >Date: Sat, 28 Jul 2001 15:55:24 -0400
> > >
> > >Howard,
> > >How long have you studied the Market Profile idea? What salient
> references
> > >could you direct me to reading
> > >I have Dalton's Mind over Markets, anything else? I also heard
there
> are
> > >some article in TASC from the late '80's
> > >that discuss it.
> > >
> > >How much bearing does the previous days Average and Value area play
> into
> a
> > >day with more buyers and the converse,
> > >How much does Average price of the previous day, and Value areas play
> into
> > >a
> > >day with more sellers?
> > >And How do you integrate the last weeks trading into the current day?
> > >
> > >I know a lot of questions. It seems like MP is a valid concept.
> > >
> > >Thanks for responding..
> > >
> > >Don Thompson
> > >----- Original Message -----
> > >From: "Howard Hopkins" <hehohop@xxxxxxxxxxx>
> > >To: <realtraders@xxxxxxxxxxxxxxx>
> > >Sent: Saturday, July 28, 2001 2:07 PM
> > >Subject: Re: [RT] Fri aftn
> > >
> > >
> > > > RT's;
> > > >
> > > > I think time of day is one of the most critical elements of
finding
> good
> > > > trades in the SPoo's. The liquidity is there in the first hour
and
> 1/2
> > >and
> > > > ususally the pit starts filling in again around 2 to 2:30 est.
> > > >
> > > > I used to sit there ALL day watching the market. I felt I MUST
put
> in
> a
> > > > "full" day. An very successful experienced trader pointed out the
> > >problem
> > > > with this compulsion... boredom (leading to initiating trades that
> > >shouldn't
> > > > be taken for the reason of "If I'm sitting here I should be
> trading")
> > > > burnout (reducing concentration levels during times of day when
you
> > >should
> > > > be most focused), and frustration (caused by watching random
> > >moves/trends
> > > > that you miss but don't fit your trade criteria to begin with).
> > > >
> > > > I also believe that Market Profile helps in identifying the type
of
> day
> > >from
> > > > the opening tick through watching the development of value areas
and
> > >daily
> > > > range.
> > > >
> > > > Howard
> > > >
> > > >
> > > > >From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
> > > > >Reply-To: realtraders@xxxxxxxxxxxxxxx
> > > > >To: <realtraders@xxxxxxxxxxxxxxx>
> > > > >Subject: Re: [RT] Fri aftn
> > > > >Date: Fri, 27 Jul 2001 14:21:04 -0500
> > > > >
> > > > >Thanks Earl
> > > > >
> > > > >That's a good one, reminds me of when I was learning to fish
> > >commercially,
> > > > >something I did by buying a fishing boat and discovering all the
> > >mistakes
> > > > >it's possible to make in the world's oldest profession. It was a
> matter
> > >of
> > > > >years before I discovered the mechanism by which I could drive
> around
> > >and
> > > > >avoid the schools of fish. Now that I know what to look for it is
> > >easier
> > >to
> > > > >find them.
> > > > >
> > > > >I am pretty good at avoiding good trades in the same way; I trust
> my
> > > > >"dogged
> > > > >perserverence" will eventually train me to troll into the good
> ones,
> > >which
> > > > >phrase was triggered by your barking dog.
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >----- Original Message -----
> > > > >From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > > > >To: <realtraders@xxxxxxxxxxxxxxx>
> > > > >Sent: Friday, July 27, 2001 14:07
> > > > >Subject: Re: [RT] Fri aftn
> > > > >
> > > > >
> > > > > > My comment brought something else to mind which might be worth
> > >sharing.
> > > > >When
> > > > > > I have my data feed running and I'm sitting there watching it,
> my
> > > > >instincts
> > > > > > are akin to a beagle ... if something moves it's time to bark
> and
> > >hunt.
> > > > >I
> > > > > > refer to it in my trading notes as "Barking Dog" syndrome and
is
> the
> > > > >number
> > > > > > 1 item in my list of losing habits. I find that aside from
self
> > >control,
> > > > >not
> > > > > > watching the market when it's wandering is a good cure.
> > > > > >
> > > > > > Earl
> > > > > >
> > > > > > ----- Original Message -----
> > > > > > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > > > > > To: "Realtraders" <realtraders@xxxxxxxxxxxxxxx>
> > > > > > Sent: Friday, July 27, 2001 1:00 PM
> > > > > > Subject: Re: [RT] Fri aftn
> > > > > >
> > > > > >
> > > > > > > The trading day was likely over on the failed weak attempt
to
> > >punch
> > > > > > through
> > > > > > > overhead resistance and reach 1221. I shut down my feed
rather
> > >than
> > >be
> > > > > > > tempted by some false breakout from the chop .... market
will
> > >still
> > >be
> > > > > > there
> > > > > > > Monday.
> > > > > > >
> > > > > > > Earl
> > > > > > >
> > > > > > > ----- Original Message -----
> > > > > > > From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
> > > > > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > > > > Sent: Friday, July 27, 2001 12:50 PM
> > > > > > > Subject: [RT] Fri aftn
> > > > > > >
> > > > > > >
> > > > > > > > I'm not much of a tape reader, but I am getting the
> impression
> > >that
> > > > > > there
> > > > > > > > are lots of people wishing the bell would ring right now.
> > > > > > > >
> > > > > > > >
> > > > > > > >
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> > > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
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