Inventory Grab Alert 4/30/09!

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Quote from tradingbug:

I had the help of the IOAMT chatroom which you guys were talking about earlier.

Buying was lethargic above 950 coupled with some resting supply at 956 that was enough to bring in the sell response. It was downhill from there.
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There was an excellent sell response delta bar right as we traded 952's in the new contract......they don't get much more clear than that (perfect strong order flow transition). :)
 
Quote from AMT4SWA:

There was an excellent sell response delta bar right as we traded 952's in the new contract......they don't get much more clear than that (perfect strong order flow transition). :)
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Yup...was looking at 952s of the new contract but was trading the old. had that resting supply at 952 slow down the upmove...volume dried up and tried one more push up and then died. Hammer Time!
 
Quote from Whisky:

I'm gonna post all my hindsight trades as well, as that adds a lot of value: Take a chart, any chart, pick a swing, any swing. I sold one tic less than every swing high and bought one tic more than every swing low. (I had to ensure I got filled on my orders).

After that...my wife woke me up and I had to go and shop for groceries.

JW
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Maybe, just maybe, he has the DISCIPLINE to go off this time and make his OWN THREAD......:eek:

:D
 
AMT,

do you use dtn's @es# continuous contract to you get all the historical CD info? or when do u switch to solely looking at the esu9 chart (since delta can only go back to the beg. of when the contract traded).
 
Quote from jmonday:

AMT,

do you use dtn's @es# continuous contract to you get all the historical CD info? or when do u switch to solely looking at the esu9 chart (since delta can only go back to the beg. of when the contract traded).
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I have a variety of charts up.....individual contract charts and a few of the @ES# just for intraday only use.
 
Quote from AMT4SWA:

There are numerous intraday set-ups a person can identify and then enter scalp trades from during the day REGARDLESS of what they think the overall trend is..........

http://www.charthub.com/images/2009/06/12/ESCD_Sep_2.png

http://www.charthub.com/images/2009/06/12/ESCD_Sep_3.png

In the meantime.....I still think the overall longer term trend will snapback to selling again, so I remain in favor of taking my longer term trades to the SHORT side (large positions I am willing to hold overnight for multi-week/month periods). I would not be longer term BULLish until we at least trade back to the 700's or lower area and I start to see "net" LONG positions being built up.......that will get me to switch directions. :)
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If we test the lows and do not get a long inventory build up...we can crash right? i want sub 400s :eek:
 
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