THNX.....well this is my "norm" so I am used to it......the delta information I use gives me the confidence to work these zones aggressively.
Nice short AMT. Double top confirmed it in PA (on retest they couldnt take it through) and CD confirmed that may be it for a bit or at least a nice sell off. Beautiful.
Interesting day in the markets. $SPX is trading into possible resistance at the fib 38.2% (763.76) area closing with a possible shooting star candle. If we close below the 750.00 mark tomorrow maybe this will be the begining of the next down leg. http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p33248965723&a=160452275&listNum=1 BTW.... videos for today... http://www.fibonacciqueen.com/public/650.cfm http://www.freetradingvideos.com/vlog/default.asp?category=1
THNX.....stopped by quick to give update.....hit all targets down to 751.00 so far and then had a touch and no fill at 746.00 so I covered that level at 747.00 I now have my final three targets for the last 1/2 of my 771.00 entries at 741.00....716.00.......and last at 681.00 just in case we have another major selloff in the days ahead. Cheers
AMT mentioned he would be out the rest of the week spending time with his family. I can only speculate but on the remaining positions he has closed them since they came back to his entry and is probably standing aside waiting for the next zone to put a position on.
May I suggest that we traders make a stab at continuing this most educational thread by posting charts of developing delta accumulation chart long or short setups. And we be open to any critique that may help us hone our skills? I would be the first but I'm having technical difficulties. When I click Ctl - Print Screen, a copy of my second monitor screen-saver is created rather than the main screen which displays the chart. Any suggestions?
Press Alt-Printscreen to capture your active window, and Printscreen alone for your whole screen across multiple monitors. Cheers.
Lunch time presented an area of heavy initiated buying at the 58 level First long was an attempt to piggy back on the longs after the first retrace. Second long was a highly favorable net delta knocking at the door of the 58 longs. Tried to get in another long @ 58, then 59 before price ran off. Last tgt was supposed to be 771.. ehh.. but kinda botched it anyways, scaled out in 3rds and each scale out was: +2, +3, +.25, +2.5, +6, +5.5 ok now someone else post their chart