I would like to discuss averaging down

[riffrafffpatrol]

Quote from ammo:

offering 57,58,59,60 es..57 is a nip from friday and 60 is a tl ,dont know which is a top ,if either but it's a zone i think will meet sellers,so selling the average, that is an add on to an existing position that was reduced for a profit while waiting for the chart to fill in the gap down to 32 area...simple ..for those not wearing blinders ..not right or wrong, just a way to trade using averages,there are many ways to trade http://imgur.com/MiB2f

Of course there are many ways to trade ammo.

That's a moot point however.

 

[ammo]

,in answer to your moot reply,it is an averaging down thread,just answering the op's quests

 

[riffrafffpatrol]

Quote from ammo:

,in answer to your moot reply,it is an averaging down thread,just answering the op's quests

Lol is it really moot ammo?

Let me ask you this -- is your system optimal?

 

[ammo]

profitable,that's all i care about, details can always be argued over, http://www.youtube.com/watch?v=SOcFdS_ALMw

 

[ammo]

spx sitting on a supp line with a cleave below

 

[ammo]

don't know when if it's going to fill but for the supp to hold or break the uvol dvol needs to reverse (hold) or break open,it's crossed over once so it's showing lack of conviction or that was a major reversal,the just pulled back a little so we 'll see

 

[ammo]

theres the flatline mentioned for a trend day, ratio needs to shrink for supp to hold

 

[ammo]

spy , cleave in between ledges

 

[riffrafffpatrol]

Quote from ammo:

spy , cleave in between ledges

Ammo-- surely with your knowledge and tenured screentime with market profile -- you have been able to determine high probability setups and areas vs low probabality ones... no?

 

[ammo]

you asked for an example i gave you one in cl, it wasnt good enough, walking thru this one step by step, be patient,trying to read a test area dvol/uvol ratio now 2.2 /1, nothing staggering,you like to see 3/1 or better