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I don't usually trade AH, but I'm keeping my eye out for a potential short opportunity around these levels (915-920). Lots of divergence and I think the ES over-extended itself since the close.

I caught it. 3/3 today for $487 (Just sim for now). And they were all in the last hour of the day....

I was watching that setup too. Perfect intraday divergence trade!!!

F9, Formula for the Volume Breakdown indicator from the Investor RT website: Delta = Buy Volume - Sell Volume Buy Volume (Ask Volume) = volume that traded at or above the ask price. Sell Volume (Bid Volume) = volume that traded at or below the bid price. And the description...

Nice entry! Was that off the divergence? Any chance you can post a chart?

I was under the impression that during a period of initiated buying/selling, majority of the trades being taken are market orders. For example, when you find price in an area where you've identified heavy support/ resistance, and all of a sudden you see the price rerversal you were waiting for...

That's what I thought too, but then he told me earlier in this thread that he doesn't use a footprint chart whatsoever. That is the only way I can think of seeing the actual bid/ask volume at specific tick levels. Any ideas?

Here is my attempt at identifying a couple of layered levels of held resting short inventory from this morning. I'd appreciate any comments or suggestions from others on this board. Also, it would be great if others started posting some charts too, showing their interpretation of the...

AMT, in an older post you wrote- "At this point I would look at the PER TICK delta from the day we first touched 685.00 on March 3rd and add up all the TICK levels ONLY with a positive delta in the area 3 to 4 points from 685.00 on up (or at least in that 3 to 4 point zone that has the...

AMT, a chart of todays action would be really appreciated!!!

AMT, would this type of divergence and price action within the 907's-910's area constitute a decent short held inventory zone? If so, I should then be looking to short any rotations into this level once I see initiated selling resume, real-time?

Ok, one last question for the night... I promise!!! It is quite easy to identify areas of initiated buying and selling, but these areas usually span a range of 5-10 points. Can you explain a little more about how you narrow down the zone to a more specific 3-4 point range? I appreciate the...

How do you tell if an area of initiated buying/selling is only neutralizing a previous inventory, or actually creating a new inventory? Also, are you constantly keeping track of inventories at every level?

Nice chart! Just wondering.... how do you have data going so far back? Using IQFeed I only have access to 30-days of historical data.

AMT, It looks like you have established a "one point from pivot" rule for your entries. Can you expand on how you are able to identify a trade, then enter within 1 point of the pivot? It seems like you'd need to be quite quick in seeing the setup and placing the trade.

Great commentary AMT! I'm glad you have decided to post some charts, as they provide a great visual of what you've referenced all along. I'm on break at LAX right now... still waiting for you to come do some touch-n-go's haha!!

Ok... here goes a long shot. I hope this makes sense. I found a random spot on the chart from recently, just to use as an example of a net long zone. Please tell me if this is correct. 1. At 12:32pst on Fri, price bounced off the 866.75 level and the CD indicated some strong initiated...

xxxskier, Excellent post and thank you for your insight. It sounds like your method is quite similar to AMT's, except that he finds areas of resting inventory (held long/short positions) and then trades according to price action within those zones. Hopefully this thread will stay focused and...

AMT would you be so kind as to post a chart of what you see at the 843's through the 839's as a potential support area?

I've already read many of your old posts. One of my favorites was this- "Water does run uphill .... just ask any windsurfer in shallow water or look at the rain hiting your windscreen when driving. What is happening is an external force (windspeed) is sufficent to overwhelm gravity. The...