inventory shift with reg volume indicator You can see this screenshot was captured *realtime* as the 2nd leg of the double bottom had not even formed yet. I posted this on another forum to warn of a possible inventory shift in real time :eek: The delta divergence served as a great confirmation for the long side!! :eek: :eek:
You had clear skies until 94:00/94:50 and the maybe clear to rth open. What made you flatten since it has been a good long from 87:25 Well that is how I see it on a price screen. sosueme
AMT - Do you use an 'alert' you have programmed for your intraday CD divergence trades, or are you just glued to the screen?
What were you looking at to indicate an inventory shift with reg volume indicator? I see the circled areas...but a little confused on how that indicates an inventory shift...thanks.
VSA (vol spread analysis) theory explains that increased activity with small spread is a warning sign of inventory shift. If you're humming along on a downtrend and activity (volume) picks up while price momentum slows down, you have to consider what this means. If it was more bearish activity, why did momentum slow down? Go to youtube and type in "tradeguider". The guy explains how strength (bull) appears on downbars and weakness (bears) appears on up bars. Trend changes occur as Smart Money positions themselves BEFORE it's clear to the public. They can hide their intentions but they can't hide volume. The TG guys are heavy market-manipulation believers (so they'll probably get along great with AMT ). While I don't necessarily believe that every single bar has a purpose and that is SM being out to screw you, I think the TG guys have a pretty solid understanding of the price/volume relationship. I definitely don't agree with their "marriage" to the arbitrary close of 1,3,5,15 minute bars. (You'll see what I mean if you watch their videos). Definitely worthwhile to sit down for a day or two to go over all of their free webinars/videos/texts. p.s. I'm not affiliated with them.. I don't own any of their products as it's quite overpriced, IMO. Just a big fan of anything that discusses price & volume Anyways, not to get off topic, just wanted to throw in a look at CD with additional volume reading skills to get higher probability entries.
It was just a one level of static entries scalp trade, so I took last off at +4 points when I missed my 5 point objective......worked out well enough for me
No......I just watch the screens as I look for potential set-ups forming. That LONG Divergence scalp was very clear to watch form on the second run to the 886's
Yes there is a short divergence here within a tight timeframe. The 897.50 level would be the lowest price entry I would be willing to take on this trade (1 point from most recent pivot at 898.50).
OK....I'm in here with this weaker signal at 897.75 short....see what happens. Signal looks better now after the retest of the 898.50 level with a new second divergence.