xburbx,
My bid/ask volume and tick analysis routine uses T&S data but goes significantly beyond the usual T&S presentation.
Most important, this analysis contains the T&S data within a constant range bar thereby permitting comparisons of buyer/seller aggressiveness.
Please PM me if you...
xburbx,
Each bar is a real-time video of the continuous, two-way auction market in which buyers compete with other buyers as do sellers with other sellers.
Price movement occurs: when buyers/sellers become most aggressive, buyers taking offers, as opposed to waiting for bids to be hit...
My personal variation of the so-called Floor Traders' Pivots is computer generated. I refer to these horizontal zones (rather than specific price points) as static s/r's. (bright colored)
Also, my proprietary dynamic s/r's are computer generated. Their thickness indicates "strength" of the...
E-Mini S&P 500 2 pt. constant range bars
Bid/Ask Intrabar Analysis with S/R lines & Regression Channel(s).
Color code bars generated by real-time, intrabar bid/ask volume and tick analysis with continuation and reversals bars illustrated.
Seeking indications of interest to participate in a FREE, trading room focusing on the methodology of Alan Andrews, developer of the eponymous pitchfork and related market geometry.
Please reply via email to:
spooz2@comcast.net
Rather than the usual parade of anecdotal mis-information, serious market students interested in geometric structures in financial markets might consider the rich literature available on trendlines and their subsets.
Here's a sampler:
1. "Methods of a Wall Street Master" by
Victor...
High probability counter trend trade.
Follow the red balls starting at pivot F2
for classic Andrews five pivot pattern.
F2 failure to reach lower purple MLH
buy 1st orange bar breakout over upper purple MLH,
PT: probable 5 pivot at confluence of
of green A/R and dashed red S/R...