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.
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...
From what little I know studying this thread, it looks like another net short zone formed in the 973-977 area. Cheers
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).
I appreciate both of you posting info on these two zones.. could you post an image that goes with your zones... thanks...
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
10k shorts today defending 976.50-973.50. Doesn't look that strong to me. Have to wait and see if they defend it again when it comes back up. http://www.charthub.com/images/2009/07/23/Untitled_2.png