I see new long inventory (from the last 3 hours of the previous session) between 897.50-899.50. Below that 892-894 and nothing significant below till 875. D. Edit: Freshman at AMT university, school of delta trading
Hey AMT, last question for a while, if you would: Did you get in that 904.50 on the first push to the high or on the second push/retest? Thanks again. JW
I had a resting order at 905.00 at the time (wanting to get filled at 905.00 on up), so right as 904.50/904.75 traded I slide my order down to 904.50 into that first push (there was initiated selling almost instantly as 904.50/904.75 started to trade and I did not want to miss fills in that area). I would have prefered at least one more push into the 905's/906's so I could have filled more positions. Oh well....
AMT This is a deeply flawed statement and is completely wrong. If anyone following this thread has any interest in taking trading seriously, I would strongly recommend talking with your data providers and charting suppliers in order to completely understand the base information that forms your information building blocks. I cannot emphasis strongly enough the pressing need to understand the fundamentals of market structure and market data before you attempt any strenuous with the output. goodluck regards f9
Instead of pretending to be the smartest kid in the room by saying "Ha, Ha....I know something you all don't", why don't you give further details of why you think AMT's description of delta (and the buying/selling decisions behind it) is incorrect? This does seem to be your M.O. througout ET, so I'm not expecting any lucid explanations. regards Sandy P.S. Given the number of correct calls AMT has made on ET for months, and the number you have made (ZERO), the evidence is strongly in AMT's corner.
I could do that very easily, but it seems from your response that you would not trust what I have to say. Why don't you follow through yourself for your own satisfaction. That way you will understand what I am talking about and you will not become reliant upon second hand information. regards f9
So far selling the price rotations in the 904's on up has worked out today (also the AH session sellers on the 905.00 touch run were not yet nuetralized.....came close.....about 1600 contracts left). Next targets still at 894.50 and now have added targets at 889.50 and 884.50.
Yesterdays HOD was at 904.75. I was fading that level until I saw a bust on initiated buying on CD. worked so far but even a broken clock is right twice a day. HA