Inventory Grab Alert 4/30/09!

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Quote from jmonday:

Good morning AMT,

The delta zone started at 916 from Wednesday, and was continually 'pushed up' on lower delta. Price now trades at 923 still on lower delta, which is a little discouraging to say the least. Without your MM technique, is there a way to be profitable trading based on CD since price has now gone 7 points against our intended trading direction, yet CD is still lower.

How far can price keep going up before you say CD was unreliable and didn't work as planned. I don't see how CD can be trusted if price just keeps going up on lower CD

Thanks,
More...
I see real good INTRADAY scalp SELL set-ups.....nothing out of the ordinary so far (even with a "Quad Witching" session).

http://www.charthub.com/images/2009/06/19/ESCD_Sep_2.png

http://www.charthub.com/images/2009/06/19/ESCD_Sep_3.png
 
Quote from Ken More:

As you are fond of saying, "that is correct sir." I bought because it was the proper thing to do.

Today I would like to see the market go down because I sold all my MSFT stock on the opening gap today after the big run up from 16.
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Good play.......then DOWN we go! :eek:

:D
 
Quote from jmonday:

Good morning AMT,

The delta zone started at 916 from Wednesday, and was continually 'pushed up' on lower delta. Price now trades at 923 still on lower delta, which is a little discouraging to say the least. Without your MM technique, is there a way to be profitable trading based on CD since price has now gone 7 points against our intended trading direction, yet CD is still lower.

How far can price keep going up before you say CD was unreliable and didn't work as planned. I don't see how CD can be trusted if price just keeps going up on lower CD

Thanks,
More...
Scalping "middle of the road" action is best play imo. :cool: The "edges" is where you have better potential longer term trade set-ups.

http://www.charthub.com/images/2009/06/19/ESCD_Sep_4.png
 
Quote from nirav34:

Houston, we have a problem! :D :D :D :D


http://www.charthub.com/png.php?png=2009/06/19/Untitled_23_2.png
http://www.charthub.com/png.php?png=2009/06/19/Untitled_FP_24.png
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Im still not exactly sure what you are showing. It looks like you are showing that the CD was unable to get back...but back to where? Just confused.

Also, you mentioned the 24-27. IOAMT room was looking at 23-27 area as where there might be some resistance.

I have been trying to logically think through where the resting inventory would be.

Essentially, price trends and gets to a place where resting supply or demand are sitting(responsive buying or selling). This slows down the probe, what follows after the slow down of the probe is initiated resumption of the trend or initiated trade to probe back to where original trend came from.

It seems like there is a connection between the initiated trade and the resting inventory. How they are related.....im still working on it :)

Any suggestions/thoughts would be appreciated.
 
Also, if we have an intraday trend with for example 3 legs. Each leg was done buy initiated trade. Therefore, there would be resting inventory at the beginning of each leg of the trend. My guess(still thinking it through) is there would be resting inventory right where the initiated trade at the beginning of each leg. Also, on change of an intraday trend from long to short or viceversa which will create a high or low of the day will have initiated trade that would have defenders if we approached that area in the future.

Sorry for my rambling...
 
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