Thursday's Breifing

Just think we aren't going to do much until Unemployement Friday.


Thanks,


Julian

Great 4 Trades $500 Day!

Hey Everyone,


The 3 trading videos is above containing all 4 trades.


Great trading day I'll have another educational video in the next post.


Thanks,



Julian

Briefing For Monday!

Hey Everyone!


Here's a quick video showing what I think's going to happen tomorrow, overall conviction to the downside unless the economic reports change anything.

http://www.youtube.com/watch?v=lNJ6ISWIrn0

Also here's an article about minus development which is where a market hardly trades at. For example after 10:00 EST today the market fell from the economic data with hardly any trades occuring between 1064-1060, providing resistance at 1060-1061 at 2:30 EST.

Here's a little article about minus development.




Also here's a little diagram I made about minus developement.

A
ABC
OBCD
ABCDE
ABCDE
ABDE
DEF
DE
DE
----------
E
E
E
E
E
E This area of E'S is called
E minus developement.
E Providing support and
E resistance.
E
E
E
---------
GH
GHIJK
GHIJKL
GHIJKL
GHIJK
GHI
GH
G


Thanks for the support everyone!



Julian

Here Are The 2 Trades!

http://www.youtube.com/watch?v=_oYVN-ftC0Q

http://www.youtube.com/watch?v=8Chi4vPFZIU


The title says it all! Nice $300 on two trades!


Thanks,


Julian

Overview of My Morning Breifing, 2 Trading Videos To Come!

Hey Everyone!


Right Now I'm downloading my 2 trading videos, and I'll just go over my briefing and the actual results.

The market opened ABOVE the previous day's POC (Point Of Control) and as I said, if it breaks previous day highs it should continue. Unfourtunately I was at school so I didn't take the trade to the 1066 profit target, where the market revsersed.

After the drop, the market halted and made lows at 1053 which was where I said there was big support. The market later on just went back and forth in a range, while in the last hour taking a dip, my videos are ALL SHORTS as momentum is down in the last hour.

My next post will have my 2 trades.


Thanks,



Julian Marchese

Tuesday Direction

Here's a video I made this morning regarding what I think the S&P 500 will do today:

http://www.youtube.com/watch?v=-Y9H1BO9J-0


This video explains how if the market breaks highs we might have a nice range extension to the 67's, but if we open well BELOW the POC I think it'll pullback into value then start going down once more.

It all depends on what the 8:30 EST report does.

Feel free to comment!


Thanks



Julian

Comment I wrote to a Follower That I Think May Be Important To Everyone

Hi Everyone,


I just posted an article regarding the auction market profile theory, which is a very important
strategy I use.

I have three trading screens, 8 charts altogether, and only one chart is a standard candlestick chart. The rest are market profile charts, and footprint charts. Footprint charts are charts that breakdown the buy and sell volume of each bar.

A second part of my trading is trade orderflow, so extremes of buying and selling. For example, the video I made today shows selling comming in at a key market profile area thus telling me to short.

All my charts are from Market Delta.

I will try posting a video every day!
My youtube channel is julian062596.

*By the way, right now I am still learning therefore I am trading on a paper account. Not many people can say that to another trader. So the money I make on these videos is not real money. I will be trading real money in the next 2 weeks or so and I will still post my losing trades.



Julian


P.S. Check out Tom Alexanders site at alexandertrading.com I learnt all my market profile theory from him.

Hope that was helpful!

+125 On The Day, 1 Trade! Cool MP Article Too!!

http://www.youtube.com/watch?v=uyWOstKTMv0

Very Cool video I made today, only made 1 trade because it was a trend day and the move already happened in the morning, when I'm at school >:(


Here's a basic overview of market profile, or auction market theory. I use this a lot in my trading.

Market Profile™, a hybrid of the statistical bell curve, is a form of technical analysis that was jointly developed by renowned trader, software developer and author J. Peter Steidlmayer and the Chicago Board of Trade. Over the years this unique tool has helped traders gain unparalleled understanding of markets, as well as find profitable trading opportunities. Simple in concept yet complex in detail, Market Profile™ organizes a number of elements into a rapidly understood graphic form – revealing trading opportunities other methodologies miss.
How does the Market Profile™ develop? The industry standard 30-minute display takes half-hour ranges and assigns consecutive letters of the alphabet to the ranges. The first half-hour range of the profile is assigned a chronological letter and the array of prices encompassed within that half hour range are displayed along the y-axis. As consecutive half hour arrays are added to the display with their corresponding range of prices and assigned letters; repeated prices move one column to the right and price probes expanding to new highs or new lows continue to occupy the left most column of the display. What is uncovered over time is a Market Profile™ display with the belly representing the frequently traded prices and the thinner part(s) of the profile representing areas of decreased frequency of trade.
What does a Market Profile™ look like? A Market Profile™ can take on many appearances. The standard display takes on the look of a normalized bell curve with the preponderance of letters near the middle of the displayed range and less letters or TPOs as you move towards the extremes (see figure 1 below).


Figure 1 (Normal bell curve).

B
BG
ABFG
ABCFG
ABCFGH
OBCFGHI
ABCFGHIMN
ABCFGHIMN
ABCDFGHIMN
ABCDFGHIMN
ABCDEFIMNO
ABCDEFIMNO
ACDEFIJMNO
ACDEFIJLMN
ACDFIJLM
CDFIJLM
CIJKL
CIJKL
IJKL
IJKL
IJKL
IJK
IJK
I
I

Over time as markets have evolved to become more efficient with locals and specialists impacting the market less and less, a hybrid Market Profile™ has evolved. The characteristics of this hybrid are a preponderance of letter’s or TPOs near one of the vertical extremes, and price rejection at the other extreme (see figures 2 and 3 below).


Figure 2 (3:2:1 up)

B
BCD
BCDEF
BCDEFG
BCDFGHI
BCDEFGHI
BCDEHJKLMN
ACBDNEK
GFHJDH
BCDE
BC
A
A
A
A
A
A
A
A
A
A
A
O
A
A


Figure 3 (3:2:1 down)


A
A
A
A
AB
OB
AB
B
B
B
B
B
B
B
B
B
B
B
B
B
BCD
BCDEF
BBCDEFG
BCDEFGHJK
BCDEFGHJKL
BCDFEHI
BCDEG
BCDE
BC
G
G
G


Hope you guys enjoy it!


Thanks Julian

One More Trade I Forgot To Put Audio On!

http://www.youtube.com/watch?v=F5jeg9ZiHWw&feature=channel


Nice $100 trade.


Enjoy!


Julian

Friday Breifing

http://www.youtube.com/watch?v=0CZdbSg5ChI

Copy into browser.


Hey Everybody,


Just an insight on Monday's trading session and going over today's trades.


Thanks,


Julian

2 More Trading Videos!!

http://www.youtube.com/watch?v=W1B0-NhGfzc
http://www.youtube.com/watch?v=pHfN9dBYexQ


Hey Everybody!


Nice 2 trades, netted $175 altogether.

+$1025 on the day!

Check them out!


Thanks,


Julian

First Trading Video!

http://www.youtube.com/watch?v=tcT3w4oxpsw&fmt=18

Nice Trade at AG. Product Close!

+150 on 2 contracts!

Check It Out!


Thanks,


Julian

Still Looking To Fade This Gap

Hey Everybody


Still looks as though fading the gap to go long is a good idea.

Mind you, if it breaks the 1040's it looks like a good short oppurtunity to the 1038's.


Thanks,


Julian

Fade The Gap

Hey Everybody!


Just wanted to point out, we made a nice value area at 1044-1046, so I'm thinking, if we gap up or down significantly tomorrow, fade it to the VAH or VAL.


Thanks,


Julian

IMPORTANT NOTICE!!

In order to view these photos, save picture as and view it in windows photo gallery or any program that will allow you to zoom in!


Thanks,



Julian

Sorry Guys The Last Photo Was A Little Hard To See.

First Trade Of The Blog!!

Hey Everybody,

Nice trade today, pocketed a good 1.75 points. The market was turning up to the VWAP with a lot of buying going through. The market failed to break above and selling was coming in. On the Market Profile, a Good entry came in as it was just before the value area high.

BIG SELLING AT THE CLOSE IN THE PIT, by the way. HINT HINT.

Thanks,

Julian

Welcome!!

Hello everybody!


My name is Julian Marchese and I day trade the S&P 500 emini. I am 13 years old. Here's a link to my article in the Toronto Star: http://www.thestar.com/article/695971

I use 3 major tools for trading:

-Market Delta
-IQ data feed
-TradersAudio

I will begin posting trades from tomorrow and onward.

I trade from 3:00p.m to 4:15 p.m EST, as that is when I get home from school.


Thanks,


Julian Marchese