Inventory Grab Alert 4/30/09!

[manlycure]

Quote from AMT4SWA:

Nothing prior to look for at the 919's, but as the intraday delta divergence was forming I saw the set-up playout (did not take a SHORT there as I am already loaded up). Once the order flow transition took place an entry in the 918's was perfect......very clean set-up there to jump on the trend off the 952's!

I will put up my chart example latter.......charthub.com is down right now :eek:

The initiated sell signal is undeniable, just wondered whether another 922.75 touch rather than a turn at 919 would have transpired.

Edit: If you're already loaded from higher levels, it's a rather moot point, but if you're partially loaded short at 922.75 and price retraces to 919, then you ask yourself whether to load more now (on the initiated sell signal) or wait for another 922.75 touch.

 

[AMT4SWA]

Quote from manlycure:

The initiated sell signal is undeniable, just wondered whether another 922.75 touch rather than a turn at 919 would have transpired.

Edit: If you're already loaded from higher levels, it's a rather moot point, but if you're partially loaded short at 922.75 and price retraces to 919, then you ask yourself whether to load more now (on the initiated sell signal) or wait for another 922.75 touch.

Well trade set-ups are good to discuss, so here is the chart showing the area of 919's you pointed out which was a good call imo....... http://www.charthub.com/images/2009/06/22/ESCD_Sep_2.png

 

[tradingbug]

918 was the low end of the range of the new contract before breaking down and going on to test the 900 level. Some players were probably looking to resell that area.

 

[AMT4SWA]

Quote from tradingbug:

918 was the low end of the range of the new contract before breaking down and going on to test the 900 level. Some players were probably looking to resell that area.

Good point you Auction Market Theory "wild man" you........ROFL!!!

 

[manlycure]

Quote from AMT4SWA:

Well trade set-ups are good to discuss, so here is the chart showing the area of 919's you pointed out which was a good call imo....... http://www.charthub.com/images/2009/06/22/ESCD_Sep_2.png

Interestingly enough, 917.25 was the previous day HOD (creating a -45k delta at the pivot on your chart) and hence a short in its own right (weaker initiated sell signal tho). I'm inclined to postulate that those with the gunpowder pushed the stops on these late shorts up to 919 to get themselves another dose for the plunge that follows.

 

[AMT4SWA]

Now if I can get my 882.25's by end of day tomorrow I will host the 1st annual DELTA TRADERS LAWN CHAIR party!!!

Here is Sunny Austin Hill Country :eek: ............. http://www.youtube.com/watch?v=moQIoVfYTkc&feature=related



I tried to have an event last year but it was an undisciplined group of newbie Delta Traders that came......... http://www.youtube.com/watch?v=Dx0k3DIuR3c&feature=related (BTW....I am Austin the Mechanic dude! :eek: )......LOL!

 

[stoneface]

Quote from AMT4SWA:

Now if I can get my 882.25's by end of day tomorrow I will host the 1st annual DELTA TRADERS LAWN CHAIR party!!!

Here is Sunny Austin Hill Country :eek: ............. http://www.youtube.com/watch?v=moQIoVfYTkc&feature=related



I tried to have an event last year but it was an undisciplined group of newbie Delta Traders that came......... http://www.youtube.com/watch?v=Dx0k3DIuR3c&feature=related

I'm in! Even if you don't invite the girls next door who practice tactical drills with automatic weapons half naked in your backyard.

I'm actually attending Don Miller's Boston BBQ this weekend... Anyone else going?

http://donmillerjournal.blogspot.com/

If you ever host a Austin Delta BBQ Cookout, I'll bring some filet & ribeye to share =)

 

[EdgeHunter]

AMT... what year did you first start working with the CDelta Strategy...

 

[Ken More]

Quote from AMT4SWA:

Now if I can get my 882.25's by end of day tomorrow I will host the 1st annual DELTA TRADERS LAWN CHAIR party!!!

Here is Sunny Austin Hill Country :eek: ............. http://www.youtube.com/watch?v=moQIoVfYTkc&feature=related



I tried to have an event last year but it was an undisciplined group of newbie Delta Traders that came......... http://www.youtube.com/watch?v=Dx0k3DIuR3c&feature=related (BTW....I am Austin the Mechanic dude! :eek: )......LOL!

I'll cook up a batch of PHILLY CHEESESTEAKS that will make your mouth water.... Austin will never be the same. I'm in too.

 

[AMT4SWA]

Quote from EdgeHunter:

AMT... what year did you first start working with the CDelta Strategy...

2004/2005 was the period I first started to look at it (myself and a few other trader friends here in Austin I use to trade with).