It is very simple as you say. Delta will do three primary things REALTIME for a trader (had to thrown in that REALTIME for riskfree....LOL!); 1) Delta can be used to find zones of resting inventory (resting supply) 2) Delta can be used to REALTIME visualize initiated buying or selling and measure the conviction within the order flow (demand) 3) Delta can be used both intrabar and cumulative to find divergences with price If you can learn from the Delta information these three simple fundamentals, you then have imo an edge!
You avoided to answer the fundamental question, and resorted to childish comments which puts you back to where I thought you should be, based on your earlier posts including one in which you thought a reader might be lost reading your trivial rules, when you are the person who is lost without knowing it. What you are doing is nothing more than an analysis of a variant of OBV (On Balance Volume). The core mistake of what you do is not there however. It has to do with your lack of understanding of the question I posed inspite of the fact that it is at the core of what you think is good. I take it that your answer is this: yes, price always go up if number of at-ask-buys is less than the number of at-bid sells. The answer is WRONG! There is another principle/condition to add to determine whether price should rise or fall. I do not think you have the caliber to understand it, not to mention to discover it. I frankly think that you are ignorant of market price dynamics despite of what you think. You are here probably because you are somehow associated with the tools which you say you are using, and which I think it is not true. Good luck to you!
Actually, I perfectly replied to YOUR question........... "BTW, price will go HIGHER when buyers are WILLING to pay HIGHER prices! So lets go to a good question now......if you are holding 1000 contracts SHORT (your held resting inventory) and you suddenly find yourself sitting with price 3 points north of your cost basis......are you a WILLING buyer???" *********************************************************************** Sorry, but for you to be properly informed you will see that I did not answer yes to your question.....and now I would like you to answer my question from above!
So now I work for/or with Investor RT....Ninjatrader.....and marketdelta. WOW you REALLY DID get off the boat!!! :eek: Good luck TOO YOU!!! Oh, btw......there is NO SUCH THING as RISKFREEtrading!!!
Hey AMT, Dont waste your breath on rft.He s a bullshitting troll.He doesnt have an acct and just paper trades and BS's a whole lot. He s the same fraud as stockturd3,ricerocket and numerous other turkeys that reside here .
918.50 test needed today, I see shorts there. If that's blows through 924.75 next level. 904.50 for longs. Looks up to me (that's what she said). Will look at FP and CD bars at these areas. http://img199.imageshack.us/img199/4702/34870120.jpg
While bull traders might have performed an "inventory grab" over 870's... the FED is performing a little grab of their own as they position themselves to take over the SEC! http://www.bloomberg.com/apps/news?pid=20601087&sid=a7YbbxHUZRqg&refer=home How is it that a privately owned company owned by privately owned banks is about to take over an important government agency? Isnt this gov't agency, the SEC, suppposed to protect us from the wrongdoings of these privately owned banks and other financial firms? The WOLF replaced the Shepard with another WOLF. And as always... the American Public comprise the population of SHEEP. Fight back... do not support the changing of hands at the SEC / FED !