Inventory Grab Alert 4/30/09!

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riskfreetrading said: riskfreetrading


Registered: Jan 2008
Posts: 3464


05-07-09 10:17 PM

AMT:

I am going to the point: what do you sell? I am not one of the people who view things offered as evil, as a good number of people here seem to think. I view it as a good thing. I am not being sarcastic.

Any tools? Manual? Etc?

I have my models, but they are not for offer. I do not plan to sell them because some people are assholes, and I do not like to deal with assholes, particularly when they are uneducated.

_END_

Sounds like sour grapes from riskyturdtrader. He has his models he says, yet he is in agony dealing with someone else sucking the wind out of his sails. he says he does not like to deal with the "UNEDUCATED", but yet he is unable to bring his piss-ant brain to comprehend others doing better in their ideas, theories etc. i hate to break the news to riskyturd but a high IQ and where or if one went to a high end school is not required to make a whole lot of cash in trading game.

Riskyturd, give the guy from Texas a break he has enough work to do by not stepping in cowplop and avoiding gold digger cowgirls. Worst comes to worst in Texas you can always collect cowchips and sell them as frizzbes, doormats, clay pigeons etc.

Risky turd, have you ever considered getting a real hobby? :p :cool:

PS: HOG OUT........... i do not get into nonsense back and fro bs posts. :D
 
Quote from bighog:

Riskyturd, give the guy from Texas a break he has enough work to do by not stepping in cowplop and avoiding gold digger cowgirls. Worst comes to worst in Texas you can always collect cowchips and sell them as frizzbes, doormats, clay pigeons etc.

Risky turd, have you ever considered getting a real hobby? :p :cool:

PS: HOG OUT........... i do not get into nonsense back and fro bs posts. :D [/B]
BH.....remember, I am from Minnesota.....I am just here to mess with Texas! :D
 
I hope your parents are better now AMT.

If you would make a comment on the below long-winded questions, whenever you have some time, I'd really appreciate it.

JW

Quote from Whisky:

Hi again AMT. I think you have made enough RT calls to establish your credibility, and I'm not challenging that at all.

Now, at the risk of being perceived as persistent (like the turd that won't flush!), would it be mostly true if I say that, without your exquisite extremely short-term entry tactical tools (which understandably you have not discussed much), the CD delta zones (or whatever other zones Support or Resistance, or whatever) would be basically devoid of edge?.

i.e.: If one enters with exquisite timing at the turns (long or short), really the "CD zones, etc stuff" is only used to try to guess and grab an extended position trade for large profit targets?. In other words, if you can tactically enter shorts a few tics from a high or enter longs a few tics from a low (like you have done), and take partial profits almost inmediately...really where is your edge more?. In your tactical entries (my opinion )or in whatever you are discussing with the CD/Delta/inventory (in which I have fruitlessly delved for enough weeks/months), support resistance, or whatever else?.

Another thing that makes me conclude the above is that in a 240 point rally, you have made precious few posts of long trades, but still managed to make money...in your short trades...due PRECISELY to your exquisite short-term timing tools.

Thanks again for your input. Maybe I'm just frustrated for not finding any CONSISTENT edge whatsoever in the CD/delta zones.

JW
 
Whisky,


There are multiple "edges" imo for what I am doing (determining "zones", entry signal criteria, finding higher probability delta divergences) but the most important aspect in trading is to KNOW WHERE are the MOST OPTIMAL areas/zones from which to enter trades. There are enough great opportunities within the use of intrabar and cumulative delta for a trader to, through there own analysis, build a very powerful methodology.

As far as SHORT trades go......I prefer to play the short side for my longer term position trades though I do take LONG trades often intraday. In the current market environment I am still looking for multi-day SHORT position trades (and I do prefer holding SHORT positions in the AH session more than I do LONG positions at this time).

I feel that some of the BEST uses of delta are probably down the road......someone will take a look at this concept and then come up with some really great new ideas (PM me with all details!!! JK....LOL!!!). I have started an ideas chain here and that is just a beginning......anyone here can add to the debate/discussion as to ideas they have for using delta "ALREADY TRADED" volume information (delta DOES NOT measure quotes).


BTW, see how the 924 to 927 delta zone has acted as resistance so far today.....wink, wink :cool:
 
Hello delta trackers. Haven't seen yall in a while.

Long 914
2nrzg3c.jpg


AMT what do you think? Where's the major longs/shorts sitting at?

EDIT: So far so good. :)

Usually use footprint chart, but I took a look at your previous example and I said I had to take these 914s (footprint confirmed it). Very good stuff amt! :)
 
Mr. Nirav!!!


Your first LONG entry is good (but as you entered that trade LONG you would need to be very aware that you have a very minimal level of contracts "held" as shown by the CD at entry......if that thin zone of "held" inventory was negated then bailing on that trade would make sense and look for a new set up latter). The first entry you have I would consider a very aggressive entry set up and not a conservative entry. The second entry was weak (not optimal.....not a good technical set up)......price was not EQUAL/LOWER with higer delta at your entry area for a delta divergence. :)
 
AMT, I'm trying to figure out where you are getting the 924-927 level as a resting short inventory resistance. Is this from the price/CD action yesterday? If so, please see attached chart and tell me where I took a wrong turn. The major resting inventory I see is between 921.25-924.25

THANKS!!!
 

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Quote from SoCalTrader619:

AMT, I'm trying to figure out where you are getting the 924-927 level as a resting short inventory resistance. Is this from the price/CD action yesterday? If so, please see attached chart and tell me where I took a wrong turn. The major resting inventory I see is between 921.25-924.25

THANKS!!!
First off......the run of delta up to the 54,000 area around 07:00 on your chart negates some of the zone you have boxed. Next, there was statistically just enough negative delta from the HIGHER PRICE level of 927.00 to 924.00 to be counted over the LOWER PRICE levels zone you have boxed in. That area you have boxed DOES HOLD resting short inventory, but that inventory BELOW price highs area will be dumped FAST on any run up in price. HOLDERS of resting inventory will always defend their HIGHEST held positions.....something I have learned from watching delta all the years. HOLDERS of resting inventory tend to defend the highest 3 to 4 points of held inventory in a resistance zone.

I would say to focus on delta divergences intraday for entry signals......after watching price reactions in areas of resting inventory for some months, then it should become more clear to you where and how support/resistance zones form. Don't try to fly the 747-400 first......stick to the C152 for now. :p :D
 
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