:eek: :eek:
Inventory Grab Alert 4/30/09!
- Thread starter AMT4SWA
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:eek: :eek:
I had a touch and no fill at 905.00 on the pullback so I pulled off 1/2 of my 908.25 adds at 905.50......price traded back up to 908.00 level where I covered last 1/2 of 908.25 entries. I held all 908.00 entries and I have just added a new level of entries at 909.50 here in the AH session (a few hours before the EU open tonight). For now I have my first level of targets set at 905.50 and then next below that at 902.50 level.
I will actively trade the position tonight and may also take on some DAX trades once the EU opens.....I have not traded the DAX in about a month or so and there is the potential for good trades after todays US session 3'rd deviation move (this only happens about three to four times a year).
I almost never go for only 2 point hits. I would rather just cycle positions in/out as I build the short position size, while going for 5 point targets most of the time as the initial set of targets. In a 3'rd deviation move there is sometimes only one pullback of 5 points or more......so that is just the nature of that type of price movement. Since I am holding remaining positions from 926.75 entries, I am biased in this situation more to rebuilding the overall short position size versus trying to get 2 point hits here and there.
What would have been real fun today, would have been letting you do the actual trades on my DOM while I sit next to you telling you exactly what to do realtime!!! :eek:Quote from EdgeHunter:
Yowsa... it helps to keep your ears open and your brain focused...
so okay...
What i have seen you deploy is a disciplined trading process on your part that includes... statistical arbitrage using standard deviation measurements, average cost positioning strategies, auction theory distribution overlays and cumulative delta divergence methods all combined into a powerful combo multipart S/R method to help you tame the market your way...
I think i have got it...
Its a walk in the park.. not...
let me ponder on it for a Yuga or two..
tanks... many tanks...
........do you like to drink??? Price trades to size, so you will many times see on running profile or 2'nd/3'rd deviation days price run from one major area of supply to another (run price to an area of inventory and dump your positions into those weaker hands....then load up with newly initiated inventory and then run those new positions to the next major areas of supply again to dump into weaker hands). There was LONG position inventory accumulation in the mid to high 870's both Friday and then Sunday/Monday AH session......this inventory was then run hard up to various pockets of resting short inventory today, to pass off to weaker hands at the various levels. I would say some of the "commercials" had themselves a good day today.
You are a very kind soul to share the heart of your work that you have intensely and painfully carved out of your own mind over the past few years...Quote from AMT4SWA:
What would have been real fun today, would have been letting you do the actual trades on my DOM while I sit next to you telling you exactly what to do realtime!!! :eek:
I am very much enjoying trying to piece together your intricate gears and wheels.. sum of the parts... and seeing how they can integrate into my own mental puzzle.
Yup, Well, I was born crazy drunk.. so the only thing i can handle is 7 up...
Quote from AMT4SWA:
What would have been real fun today, would have been letting you do the actual trades on my DOM while I sit next to you telling you exactly what to do realtime!!! :eek:
That sounds like more fun than Disney World!!! Where do I sign up!? We'll head out for drinks right after.
Quote from AMT4SWA:
Price trades to size, so you will many times see on running profile or 2'nd/3'rd deviation days price run from one major area of supply to another (run price to an area of inventory and dump your positions into those weaker hands....then load up with newly initiated inventory and then run those new positions to the next major areas of supply again to dump into weaker hands). There was LONG position inventory accumulation in the mid to high 870's both Friday and then Sunday/Monday AH session......this inventory was then run hard up to various pockets of resting short inventory today, to pass off to weaker hands at the various levels. I would say some of the "commercials" had themselves a good day today.
I guess I don't see the long accumulation you're referring to at the high 870's on Friday, delta readings show increasing negative in the zone 3-4 pts below 880. That may explain the slide on sunday open towards 875, but the slicing thru on the way up? The lowest long I see building on Friday is at 882.50 I must be missing something.
D.
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