How To Trade VWAP
VWAP, how and when to trade it Here is a preview of some material I have started putting together. I rushed to publish it because it’s such an important tool. I will come back to this vital tool and run through some good examples in real-time. Today was such a day 6th June 2022 around…
Market Profile Opening Types
Market Profile opening types and why they matter The RTH session starts each day with an official open, during which a significant number of orders are completed in a short amount of time. The opening swing and price movement provide crucial information. The location of the open is crucial, as it influences the type of…
Debriefing NFP Friday 3rd June 2022
Links Weekly Analysis Yesterday’s Debrief Todays Link Live on YouTube Images can be found on Twitter Need to know market risk @ FinancialJuice.com India is in talks to increase Russian oil imports from Rosneft. Barclays: Now expect ECB to hike in 25 basis-points increments at each meeting from July to December 2022, and once more in Q1…
Weeks Review into W/C 6th June 2022
Week Ahead Highlights: ECB and US CPI Out this Week This week features the much-awaited ECB meeting (Thursday) and important US CPI inflation figures (Friday). Besides that, we will follow the US University of Michigan Consumer Confidence survey (Friday) and policy meetings in Australia (Monday), Poland (Tuesday), and Russia (Friday). We will also pay close attention…
TPOs, Non-Excess Extremes and Profile Ledges
What is a TPO? On a market profile chart, a TPO is a graphical representation of a unit of time that usually represents 30 minutes. Each price traded during a 30 min TPO unit is printed as a histogram-style representation of the day’s trading activity. As each letter (TPO or a block) is printed against the price axis and…
Trading Non-Farm Payrolls
What is NFP? The non-farm payroll (NFP) data is a key economic indicator that represents the number of jobs added to the US economy excluding farm employees, government employees, private household employees, and non-profit organisation employees. The US Bureau of Labor Statistics publishes it on the first Friday of each month at 8:30 a.m. Eastern…