Inventory Grab Alert 4/30/09!

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Quote from AMT4SWA:

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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Great explanation!! That makes complete sense to me. Did you catch this short just now? After I saw it setting up, I placed a limit order at 921.25 (1 point from high rule), but it never came back to fill me. Guess I have to be quicker on the trigger. Anyways, I'll stick with the intraday stuff for now...

747-400... It used to be big... have you seen the new "SUPER" A380? Quantas flys it into LAX 4-5 times a week. Now that thing is HUGE!!! Stay outta the wake... lol

C152.... more like flying an ultralight (aka mesquito) haha
 
I am currently holding short positions from earlier in the day and I have had one good separate long trade so far today (flat now on that trade at 921's).

My 1 point from most recent pivot criteria is not something you exactly have to follow.....you can determine your own entry/stop criteria that is within your comfort level. For a single entry (not a scale-in style entry) it is always better the closer your entry is to the most recent micro pivot in price, so it is a good practice to try and develop imo.

The SCAREBUS A380 has A LOT of very interesting new technology in the wing construction.....I'll pass for now! :eek:

:D
 
Remember.....keep your eyes on 924.00 to 927.00 today :)

If you see strong positive delta bars if we get up to that zone, look for the zone of resting inventory to go neutral and trading up to higher levels. If the zone holds (does not go to neutral) then keep looking for short entry set ups there.
 
Quote from AMT4SWA:

I am currently holding short positions from earlier in the day and I have had one good separate long trade so far today (flat now on that trade at 921's).

My 1 point from most recent pivot criteria is not something you exactly have to follow.....you can determine your own entry/stop criteria that is within your comfort level. For a single entry (not a scale-in style entry) it is always better the closer your entry is to the most recent micro pivot in price, so it is a good practice to try and develop imo.

The SCAREBUS A380 has A LOT of very interesting new technology in the wing construction.....I'll pass for now! :eek:

:D
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You use Ninja for trades right? Do you have two separate accounts so that you're able to take long and short trades at the same time (If I tried to do that on Ninja, it would just close my opposite positions).


Funny thing the other day. A Virgin A343 arrived after a long distance flight, and while the maintenance guys where doing their stuff, somehow the drainage cap for the lavatory waste uncapped and dumped 13 hours and a couple thousand gallons of human waste on the ramp. It sure looked like a stinky situation. (weren't you a maintenance guy too?)
 
Quote from AMT4SWA:

Remember.....keep your eyes on 924.00 to 927.00 today :)

If you see strong positive delta bars if we get up to that zone, look for the zone of resting inventory to go neutral and trading up to higher levels. If the zone holds (does not go to neutral) then keep looking for short entry set ups there.
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I hate to ask for another chart........................ but can you show where you see this 924-927 inventory. I must be overlooking something, because I see a verrrrry tiny held inventory at those levels. Not anything that seems worth deeming important.
 
Quote from SoCalTrader619:

You use Ninja for trades right? Do you have two separate accounts so that you're able to take long and short trades at the same time (If I tried to do that on Ninja, it would just close my opposite positions).


Funny thing the other day. A Virgin A343 arrived after a long distance flight, and while the maintenance guys where doing their stuff, somehow the drainage cap for the lavatory waste uncapped and dumped 13 hours and a couple thousand gallons of human waste on the ramp. It sure looked like a stinky situation. (weren't you a maintenance guy too?)
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I have multiple accounts so trading intraday set ups while in postion trades is easy to do.

YUCK......."blue juice" dump on the ramp.......not good (bio-hazard spill.....should have only been a around 100 to 200 gallons). Yes I have done maintenance in the past also.
 
Quote from SoCalTrader619:

I hate to ask for another chart........................ but can you show where you see this 924-927 inventory. I must be overlooking something, because I see a verrrrry tiny held inventory at those levels. Not anything that seems worth deeming important.
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Yes......I will put some charts up after the close to point out various opportunities from today.
 
Shorted 27 based on this. Going up on negative delta. Let's see if this pays off. AMT, can ya also show us an example if you have on how zones change from net longs to net shorts and vice versa? Thanks.

2dwg8wm.jpg
 
Quote from nirav34:

Shorted 27 based on this. Going up on negative delta. Let's see if this pays off. AMT, can ya also show us an example if you have on how zones change from net longs to net shorts and vice versa? Thanks.

2dwg8wm.jpg
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Nice trade in non-divergence/weird divergence. Impeccable timing. Making $ is what counts. Well done.

JW
 
Here is a chart with all the divergences I saw for today....

Also, I think that if more people were to post charts in here, everyone would learn faster. It's so much easier to understand what someone is trying to say when there is a visual attached.

So come on folks... Lets see some charts!!!
 

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