Inverted head and shoulders on the SPX?

Discussion in 'Trading' started by fantastic4, Jan 28, 2009.


  1. Hope your having a blast with the kids.

    I reloaded all my intermediate term shorts that i scaled out on before on the test of 800 which happens to be the 50MA.

    Also, scalped the 98s this morning short and exited last part of the position at 86. This is the second time i made this play. If we test the 800 level again, it will be the third test.....do you find correlations to how many times one tests a level before it breaks and doesnt hold aka....net delta going neutral?

    I am sure you are cleaning up!!!!
     
    #711     Mar 19, 2009
  2. In case the above "proof" wasn't clear, look at this attachment.

    For what you guys are paying, I think you IRT/IQ guys need to start clogging up their support to fix this problem. It's both IRT and IQ from what I can see.

    I think i've provided enough examples to show my NT CD indicator and Zen Fire is accurate while IRT/IQ is inconsistent. :eek:

    p.s. I'm have nothing against irt/iq. Quite the contrary, I'm considering switching but I don't trust the feed/software right now. I've been doing many more comparisons with other folks on the back end so believe me, the above "assumptions" are not unfounded.
     
    #712     Mar 19, 2009
  3. jfw215

    jfw215

    oh no. i just got irt with transact data feed... is that right???
     
    #713     Mar 19, 2009
  4. IRT/transact gets the general shape right but magnitude is wrong.

    E.G. say max range for CD for 1 day is 100k. IQ/IRT, IQ/NT, and NT/ZF confirms this. IRT/TA may give 80k

    Also, the entire time, we compared using "majority" rule..
    Our setup was:
    IQ (live)/IRT
    IQ (live)/NT
    IQ (back)/IRT
    IQ (back)/NT
    ZF/NT
    TA/IRT

    ZF/NT has NEVER been in the "minority". The remaining setups have. IQ backfill is by far the worst though
     
    #714     Mar 19, 2009
  5. jfw215

    jfw215

    thanks yo
     
    #715     Mar 19, 2009
  6. I figured out what the backfill data problem is. Its on I/RT's end as they responded to my email to them.

    This is their response -

    We are aware of this and should have a new version out soon...hopefully today or tomorrow...which will correct the problem. DTN fixed to a different source of quotes (fix/fast) over the weekend, and this resulted in the problem in our software which includes some volume on backfill quotes (from spreads, etc) that it shouldn't be. Keep an eye out for 9.2.5.

    Regards,
    Chad
     
    #716     Mar 19, 2009
  7. :eek: :D Let's see if they fix it!!
     
    #717     Mar 19, 2009
  8. I just set up my whole rig with IRT and esignal, switching from IB data feed. This is after viewing and learning from the posts on this thread. I appreciate you guys for your knowledge and investigating this newer hangup. And thanks for posting it and sharing it us.
     
    #718     Mar 19, 2009
  9. hey did you get your print screen thing figured out?
     
    #719     Mar 19, 2009
  10. CBpasQ

    CBpasQ

    Been following this thread, very impressed with AMT's trading. Many thanks to AMT for taking the time. I've attached my end-of-day IRT/IQ chart to compare with NT users, with highlights of a few areas of CD divergence. The two circles show the type of divergence scalps I was looking for. The two larger squares, however, I am unsure about. How do you explain these major divergences?

    Thanks again.
     
    #720     Mar 19, 2009