ES Journal Archive (2011)

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Quote from JoshDance:

Basically, yes -- NYSE TICK and delta are, from my recollection of seeing side-by-side examples, often similar; though TICK is a snapshot of upticks and downticks and therefore oscillates, whereas delta can be summed and therefore is not oscillatory in nature. Uptick and downtick can be used to measure delta, or actual traded volume. So, they measure different things, BUT are often quite similar.
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You also have a cumulative TICK and oscillator Delta :)

http://traderfeed.blogspot.com/2006/09/cumulative-nyse-tick-valuable-measure.html

http://www.ninjatrader.com/support/forum/showthread.php?t=5251

http://www.zerohedge.com/article/cu...-shape-even-broad-index-will-have-you-believe
 
Quote from JoshDance:

out 62.50, -3 ticks ... thought they would push it up when it broke 63.50, but not this go around :(
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Don't want to be a dick, but unless it breaks the HOD it looks more like buy the (mini)dip, sell the (mini)rally :(

I'm surprised EMG is not going sideways, amigo :D :p
 
Quote from Picaso:

You also have a cumulative TICK and oscillator Delta :)

http://traderfeed.blogspot.com/2006/09/cumulative-nyse-tick-valuable-measure.html

http://www.ninjatrader.com/support/forum/showthread.php?t=5251

http://www.zerohedge.com/article/cu...-shape-even-broad-index-will-have-you-believe
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I don't know the oscillator delta (joking?), but I do remember Dr. Brett's articles on Cumulative TICK, I was just referring to the actual NYSE TICK without modification ... no "dickness" taken on your other post by the way -- I saw what I thought was a potential breakout coming, just wasn't it.
 
And just as important. What`s the possible targets below?

58,75 is the 50%. Could very well be support.

Opening range high just below.

Is the current LOD a target? Can we start a gap fill below?

I just don`t see anything at this point. :confused:
 
Methinks we go back to 62 by EOD

Josh, can't find the Delta oscillator, maybe it was called differently, but basically it was a ratio of orders bid/lifted (capped, to avoid infinity and divisions by zero)
 
Quote from Picaso:

Methinks we go back to 62 by EOD

Josh, can't find the Delta oscillator, maybe it was called differently, but basically it was a ratio of orders bid/lifted (capped, to avoid infinity and divisions by zero)
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Ok-- I have seen something like this, but it's only orders -- delta tracks only traded volume, and is not at all related to orders in the book--if I'm understanding what you're saying correctly.
 
Quote from JoshDance:

Ok-- I have seen something like this, but it's only orders -- delta tracks only traded volume, and is not at all related to orders in the book--if I'm understanding what you're saying correctly.
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You understand correctly, but I didn't explain myself properly :D

Meant to say ratio of volume (i.e. delta as a ratio, not a sum).

Sorry for the confusion, but I'm nodding here :D - should have taken the pm off, but then again, there would have been some monster rally/drop :D
 
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