Inventory Grab Alert 4/30/09!

[sandygray66]

Quote from fearless9:

I could do that very easily, but it seems from your response that you would not trust what I have to say.

Why don't you follow through yourself for your own satisfaction.
That way you will understand what I am talking about and you will not become reliant upon second hand information.

regards
f9

I will be glad to read whatever explanation you provide, and conduct my own verification.

However, you choose to continue with your smug attitude.

I was actually critical of AMT with his calls on the ES last fall (it seemed like he just continued to add-on to losers when price went against him), until his perfomance showed my skepticism was unfounded.

And as he admits here, he isn't perfect either (QM), but at least he explains his trade logic, rather than simply saying he knows something others do not.

regards,

Sandy

 

[AMT4SWA]

Quote from sandygray66:

And as he admits here, he isn't perfect either (QM), but at least he explains his trade logic, rather than simply saying he knows something others do not.

regards,

Sandy

Hey Sandy.....I was actually making a joke with the QM's.....I sold the forward month QM in July 2007 at $147.25/$147.75 (off cumulative delta signals).
My QM calls are in some thread here at ET......forgot which one.

894.50 targets filled.......next target set at 889.50

 

[AMT4SWA]

Quote from tradingbug:

Yesterdays HOD was at 904.75. I was fading that level until I saw a bust on initiated buying on CD.

worked so far but even a broken clock is right twice a day. HA

So you are "in" then....right?

 

[fearless9]

Sandy,

You are too emotional for my flavour.

I have simply alerted you to a flaw in the logic because of the manner in which the data is described.

Either all this awakens sufficient interest in you to check under the hood or it does not, in which case simply discard my post.


regards
f9

 

[tradingbug]

Quote from AMT4SWA:

So you are "in" then....right?

I am still holding some underwater intermediate term shorts......the shorts i was taking this morning were just intraday scalps.


I did bail on some intermediate term shorts yesterday on the break of 890 in case we make a run to the 200 ma before rolling over.


Are you aggressively looking for an IT top or just seeing how things play out given that last weeks net short inventory holders bailed yesterday.

 

[Whisky]

Quote from fearless9:

AMT

This is a deeply flawed statement and is completely wrong.
If anyone following this thread has any interest in taking trading seriously, I would strongly recommend talking with your data providers and charting suppliers in order to completely understand the base information that forms your information building blocks.

I cannot emphasis strongly enough the pressing need to understand the fundamentals of market structure and market data before you attempt any strenuous with the output.

goodluck

regards
f9

Interesting comment.

Do you pre-process data from the commonly used providers or do you get and pre-process data directly from the GLOBEX2 mainframe or other not widely used source?.

I know for a fact, that some data (counterparty data), used to be available from the GLOBEX2, but apparently that is no longer the case.

Thanks for input.

JW

 

[manlycure]

Quote from AMT4SWA:

Yes sir......right on the money......will see what the EU session does tonight.

Long holders can be taken out to the cleaners too apparently. 897.50-899.75 long zone largely washed out within 10 minutes of 7:30AM (PST). Superstrong long guard at 894 reversed PA on the tic back upwards.

D.

 

[fearless9]

Quote from Whisky:

Interesting comment.

Do you pre-process data from the commonly used providers or do you get and pre-process data directly from the GLOBEX2 mainframe or other not widely used source?.

I know for a fact, that some data (counterparty data), used to be available from the GLOBEX2, but apparently that is no longer the case.

Thanks for input.

JW

Simple IQ data and I run it alongside my Broker data ... nothing clever

regards
f9

 

[AMT4SWA]

Quote from tradingbug:

I am still holding some underwater intermediate term shorts......the shorts i was taking this morning were just intraday scalps.

I did bail on some intermediate term shorts yesterday on the break of 890 in case we make a run to the 200 ma before rolling over.

Are you aggressively looking for an IT top or just seeing how things play out given that last weeks net short inventory holders bailed yesterday.

I think we have about a 30% probability of rolling over here off the 905's area.......and a MUCH BETTER chance of rolling over if we can get a move up to the 940's. So regardless, I will still keep taking decent sized shots from here all the way up to the 940's. If we break above 940's then I will wait for a few levels within the 1000's to take bigger position size shots.

 

[Whisky]

Quote from fearless9:

Simple IQ data and I run it alongside my Broker data ... nothing clever

regards
f9

AMT4SWA uses IQ data as well, charted by IRT, so I really do not understand exactly what you mean in your earlier post, except if one uses a broker like IB that "snapshots" data instead of all ticks from the exchange like IQ, or ZENFIRE, or TT or many others.

I'm sure every datafeed has its own latency however. Is that what you are referring to (that most people are trying to trade "the past")?. In other words: Have you found a way to "arbitrage latency"?. If so, you are not only a formidable trader, but a world-class programmer.

JW