u/Gathaka111

Should I avoid Overnight Session volume?

I'm trading NQ and ES with the AMT concepts. If I tell me analysis briefly, I use weekly volume profile for analysing medium term auction structure. Then use daily volume profile to identify LVN with bias. I trade both rejections and breakouts of LVN. I use footprints to refine my entry. I am currently analysing the volumes of RTH sessions (daily and weekly profiles). Anyone who trade volume profiles, please advice on following questions.

  1. Is there any importance in overnight volume

  2. Should I include overnight volume ( Globex) for my analysis

  3. Can I consider overnight levels as reliable as RTH levels.

Any answer is highly appreciated.

reddit.com
u/Gathaka111 — 5 days ago

Should I avoid Overnight Session volume?

I'm trading NQ and ES with the AMT concepts. If I tell my analysis briefly, I use weekly volume profile for analysing medium term auction structure. Then use daily volume profile to identify LVN with bias. I trade both rejections and breakouts of LVN. I use footprints to refine my entry. I am currently analysing the volumes of RTH sessions (daily and weekly profiles). Anyone who trade volume profiles, please advice on following questions.

  1. Is there any importance in overnight volume

  2. Should I include overnight volume ( Globex) for my analysis

  3. Can I consider overnight levels as reliable as RTH levels.

Any answer is highly appreciated.

reddit.com
u/Gathaka111 — 5 days ago

How many trades per month in average?

I'm descretionary profile trader for 3 years. I was breakeven for 2 years now. I used to use many strategies for 29 markets. Usually found 1 or 2 setup for a day. But, recently I understood that sticking to one setup may be better enough to find profitable opportunities. I picked my best day trading setup and started to trade. But I find 6 setups for a month. I wanted to know, is there anyone who trade infrequently but with good profit at the end of a month. I know in long run i will be profitable but I want to clear myself and wanted to know how many setups you as a profitable trader use and how many opportunities you find in a month

reddit.com
u/Gathaka111 — 2 months ago