Download Sierra chart Templates [CHARTBOOKS]

As a member you can download some of the new and simple Sierra Chart Templates or Chartbooks from our website. The new templates includes 7 charts:

Plain Weekly
Plain Daily with VWAP
TPO/Volume Profile
Weekly VWAP
Daily VWAP
Footprint
DOM

Take a look at our chart templates page on our website - make sure to login:
https://leprivatebanker.com/chart-templates/

Excess - Trading Glossary

Excess indicates the end of one auction and the start of a new auction. It is visible through buy-ing and selling tails (single TPO prints). Excess occurs in all timeframes; it completes an auction. There are always multiple two-way auctions at work; one could be completed while another is still active. As was previously mentioned, balance and excess are the two most important concepts you will be introduced to because they show change or the possibility for change to take place.

This is a trading glossary term series of blog posts. You can take a look at all the terms we post with the Trading Glossary label.

Also, visit our Trading Community to learn more about our indepth top down analysis process and trading methodology based on the auction market theory and other closely related nuances.

How to READ the Commitments of Traders (COT) Report

I thought it would be a good idea to explain how I personally reviewing the weekly CFTC Commitments of Traders (COT) report especially for Crude oil. First thing to note is the very fact that the analysis of this report is only one aspect of the whole analysis process and serves as corroboration of what I am seeing in the market.

You can read the full article of this post as a member on our website. Read the full HOW TO article here.

COT Report for WTI Crude oil as of February 18

The managed money sector net sold 26.687 contracts of WTI Crude oil as of February 18 (Options and Futures combined) with a long liquidation of 15.326 contracts and 11.261 short position contracts got into the market. Looking at the net hold postions we can observe a decrease since January.

You can see the full details here: https://www.cmegroup.com/tools-information/quikstrike/commitment-of-traders-energy.html

How to ANCHOR the VWAP - MIDAS VWAP Presentation

The MIDAS Vwap Presentation walks through the basics of the tool’s utilization as well as its applications to help in understanding the market’s underlying order flow from balance to imbalance though algorithmic execution. The MIDAS Vwap tool is a unique and powerful way of looking at the markets that may help add an extra edge to a trading method when combined with other key elements.

Here is a quick preview of this particular presentation. You can watch the full video presentaion on our webiste as a member.

How to READ the FOOTPRINT TOOL [Volume at Price Presentation]

The Volume at Price video walks through the basics of the tool’s utilization as well as its applications to help in understanding the market’s underlying order flow. The Volume at Price tool is a unique and powerful way of looking at the markets that may help add an extra edge to a trading method when combined with other key elements.

Here is a preview of this particular presentation. You can watch the full presentation on our website.

Market Update on the E-Mini S&P 500

Starting off with the daily perspective we can observe a gap down open inside of the Yearly developing VWAP value area. The destination move could be the developing VAL level. Currently the market trades inside of the prior balance area. The middle or the low of this bracket should be level to monitored.

The full post has been posted for members on our website. You can read the full article there.

Read the full Market Update on ES here >>