Zb

rathcoole_exile · May 23, 2016

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 · May 23, 2016

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 · May 23, 2016

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 · May 23, 2016

Welcome back !

Richard

rathcoole_exile · May 23, 2016

thanks Richard,
yeah it's been a while

Mr. Charts · May 23, 2016

You've been missed

rathcoole_exile · May 23, 2016

haha, like a hole in the head

rathcoole_exile · May 23, 2016

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 · May 24, 2016

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 · May 24, 2016

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

rathcoole_exile · May 24, 2016

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 · May 24, 2016

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

hmmmm......

rathcoole_exile · May 26, 2016

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 · May 26, 2016

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 · May 26, 2016

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 · May 26, 2016

rathcoole_exile said:
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 · May 26, 2016

rathcoole_exile said:
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 · May 26, 2016

swissy said:
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 · May 27, 2016

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 · May 27, 2016

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

Zb

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