Inventory Grab Alert 4/30/09!

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Quote from riskfreetrading:

10:52AM: Qs at 36.67. I am taking some profits. :p
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After nailing BOTH the top and the bottom this morning, I am back.

1:05PM: Qs at 36.98. My proprietary models say start gunning the bulls. This time I will hold the bulls money for longer!

:cool:

AMT: you are excellent to fade! I sold where you said buy, and bought where you said short this morning (36.96 and 36.67 respectively). :eek:

PS: This time the down move would be serious! :p
 
Quote from Whisky:

Hey bro. We are confused enough in this thread without adding your magnificent wisdom. Why don't you start your own thread for curb stocks and leave us to our own misery here?.

Thanks.

JW
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Fine my friend. I was trying to help. I will step to the side. have a good trading. :p
 
Quote from AMT4SWA:

09-27-03 05:00 PM

I use the 5 minute chart for the ES with occasional looks at the 15 min/60 min/ and the Daily throughout the day. I use the T&S and the volume window (5 min bars w/10 MA) as a big part of my trading. I try to get a feel for what is taking place during the trading day. I am a discretionary trader that uses good basic T/A with the following indicators; MACD (12,26,9) RSI (14) S/R levels Market Price action (Dow/Nasdaq/S&P/TICK/TRIN). I draw TONS of lines on my screen all day (trendlines) on the 5 min chart and on my MACD and RSI. I also use Japanese Candlestick patterns to help with entry and exits. Hope this helps!

TTYL!

AMT4SWA:

That is a huge amount of conflicting information requiring applied priorities, given that everything is correct when it is correct and wrong the other 50% of the time.

Congratulations for working your way through the minefield man.
You must be a very very rich guy by now.

sosueme
 
Quote from AMT4SWA:

No - it is pure "order flow" analysis, so as long as orders do flow we have the ability to watch the conviction within the volume traded. :)
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When someone asks a simple question, she deserves a simple answer, which is what you gave :-)

I'd like to offer another perspective. The simple patterns utilizing the information contained in CD will get (and are likely already in the process of) destructed or arbitraged away, i.e. if you consistently apply the CD criteria, you will not gain an edge over a sufficiently large enough number of trades. The patterns that prevail will become ever more complex, will require larger accounts (ability to sustain drawdowns), etc.

It's a zero sum game, right? actually, a negative sum game (if you subtract AMT's lunch money... lol).
 
Quote from manlycure:

The simple patterns utilizing the information contained in CD will get (and are likely already in the process of) destructed or arbitraged away, i.e. if you consistently apply the CD criteria, you will not gain an edge over a sufficiently large enough number of trades. The patterns that prevail will become ever more complex, will require larger accounts (ability to sustain drawdowns), etc.
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Not to be argumentative, but if you really believe that, then why follow this thread? Seems like it would be a waste of your time. Yet, here you are everyday.

I think AMT said previously that he has used CVD for four years with no loss of edge.
 
Can someone post a 5 minute chart of the regular trading hours please? Thanks. The zone I had earlier worked great today, even though the data was whacked.
 
Quote from HiggsBoson:

Not to be argumentative, but if you really believe that, then why follow this thread? Seems like it would be a waste of your time. Yet, here you are everyday.

I think AMT said previously that he has used CVD for four years with no loss of edge.
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On the contrary, this thread is an excellent place to learn the intricacies of delta use and I'm grateful that AMT is willing to share from the vast practical knowledge he gathered through hands-on experience. If you really follow the thread carefully (as well as the thread that preceded it), you may end up realizing that the devil is in the details (read: complex patterns make up the true statistical edge) and those AMT will not give away here. Nobody here pays him enough (not even lunch money) to add that uncalculated risk to his P&L :-)
 
Quote from manlycure:

the devil is in the details (read: complex patterns make up the true statistical edge) and those AMT will not give away here.
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I see your point. Maybe a little waterboarding will change his mind. Who's with me? :D
 
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