Inventory Grab Alert 4/30/09!

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Quote from EdgeHunter:

You are so funny Ken... You write as if you make sense and a lot of what you say comes out as completely gibberish since you can't communicate clearly.. . and it looks like you are always trying to start a fight...

So... always holding overnight is taking unnecessary risk?.. in whose universe bubba.. and if you take the time to read my post clearly i said any one could see the initiated buying coming in immediately at the open and it was time to cover and go long.. at that point

You are truly pathetic...
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Ken is one of hunreds of ET''s 'hindsight traders' and should be ignored (as he is by everyone in the ES journal) :)
Shame AMT has gone as he is an example of a real trader who one can learn from.
 
Quote from pocketmoney:

Ken is one of hunreds of ET''s 'hindsight traders' and should be ignored (as he is by everyone in the ES journal) :)
Shame AMT has gone as he is an example of a real trader who one can learn from.
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Nicely said Pocket'...

If anyone takes the time to read AMT's complete thread you will see he is one of the few traders to create a a real thread in ET and ALSO post trades in real time and make it clear he is actually printing money... period...

I have only seen three traders in ET that could do that... Buy1Sell2... Anek... and now AMT... and AMT blew both of those other two away...
amazing that more ET'ers did not read the real time posts in this thread and see that... :confused:
 
Quote from Ken More:

I'm gonna put my 2 cents in here as my last post on ET:

AMT as we all know thinks the world is coming to an end (I agree) and is/was a short seller from 865. Now, the market has marched straight up to 975. Manlycure defined an area this morning that again, the market cut through it like a hot knife through butter. That's enough to send me back to the drawing board when I was developing systems early on. Here's a guy who has followed all this very closely and he didn't get it right or know what to do until afterwards. You've got a serious problem.

You didn't need anything to tell you to buy today. You should KNOW you should be buying.

As far as what you are doing wrong, you don't need to be in the market all the time. How fucking greedy are you anyway? The more you're in it the more exposure to sudden shock and RISK. The smartest traders like Paul Tudor Jones always play great defense. You could learn a great deal about risk from reading how he thinks and trades.

Why would you want to be short going into this morning? Did you think the market was going down? If so, you have a serious problem. Have you ever heard of trending? I know that is a dirty word on ET where everyone is looking for the fast buck. There was an idiot named Pekelo calling for a drop 2 days ago and a H&S to boot. Go read what they thought this am. Somebody slayed his dragon for sure!

The best advice I can give you ( I doubt you'll take it but maybe some will) is get off this forum looking for the Holy Grail someone is going to give you. It aint gonna happen! You'll win the lottery first. Develop your own system that works for you. Then you won't have to come here or anywhere asking "what did I do wrong"? You'll know what to do.

I'm deleting my shortcut to ET and suggest you do likewise.
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Do you have a good resource for reading up on Paul Tudor Jones?

Many thanks,

Stone
 
Quote from pismo10:

From what little I know studying this thread, it looks like another net short zone formed in the 973-977 area.
Cheers
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Agreed, based on the pivot and sell pulse (10k CDV) that followed. What's first, test of 955-7 (neutralized zone) or 973-6 (new short zone)? We're closer to the zone above (30k up vs 70k down).
 
Quote from manlycure:

Agreed, based on the pivot and sell pulse (10k CDV) that followed. What's first, test of 955-7 (neutralized zone) or 973-6 (new short zone)? We're closer to the zone above (30k up vs 70k down).
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I appreciate both of you posting info on these two zones..

could you post an image that goes with your zones...

thanks... :)
 
Quote from EdgeHunter:

No Questions we are in the middle of a rocket breakout today 7-23-09...

but AMT's strategy, as per this whole thread... was to sell a neutralized zone that was a prior Sell Zone (which 950 to 955 was)... which had an inventory grab over the last week or so and was neutralized... as this one was... and so was a reactive sell zone...

So the correct trade, as of yesterday's close, was to be short over night coming into this morning and then seeing the intense initiated buying this morning covering to go long...

for my education could you point out where i am wrong.. thanks...
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Edge,

I think the key to using CDV is how you define your price swings. If you have a consistent method of defining your swing highs and swing lows on the timeframe that you trade, then you can compare the CDV to those swings. Anyway, here's what I was looking at going into today.

http://www.sierrachart.com/userimages/upload_2/1248388774_36_UploadImage.png

manlycure, you are right, there is definitely something wrong with my delta totals...I believe my CDV is right, just not the totals. If someone could please post a CDV chart for this week, I will be able to post it on the sierra charts support board for help.
tia
 
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