S/R Emini Journal

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yvberj - Good one!

Yes I hung in there LONG a while as the "delta" for the day is WAY bullish again.....we are now "net" positive by over 40,000 contracts.
 
Quote from 5Pillars:

yvberj - Good one!

Yes I hung in there LONG a while as the "delta" for the day is WAY bullish again.....we are now "net" positive by over 40,000 contracts.

5P

How do you enter and exit using the market delta value. Any key values, crossovers you look for?

Thanks
 
Quote from BoyBrutus:

5P

How do you enter and exit using the market delta value. Any key values, crossovers you look for?

Thanks


I look for "shifts" in the delta and "divergences"......and yes there are certain "net" delta readings that tend to have follow through.



Here was a quick scalp I just hit that had a shift in the "delta" with a divergence...........

http://www.charthub.com/images/2006/09/13/ES_317_VB_6.png

You can visually see how the "delta" will shift the "net" affect of contracts traded per bar..........

http://www.charthub.com/images/2006/09/13/ES_317_VB_7.png


This was an "against" the trend trade so you take your hit and get out, then wait for the next set-up.
 
Quote from 5Pillars:

I look for "shifts" in the delta and "divergences"......and yes there are certain "net" delta readings that tend to have follow through.

Thanks, I coded the MD in esignal EFS. I just need to analyze it as you suggested.
 
Quote from billp:

5pillars,

How do you get your delta (ie the 2nd pane). I don't seem to be able to find the indicator in Investor R/T. Thanks.


Go to "Technical Indicators" and select "Volume Breakdown"

Set "VB" up as;

Result: [Delta (Buy-Sell Vol)]

Statistic: [None]

Draw As [Line, Two Color]

don't check off or add anything else. :)
 
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