where's 5Pillars when you need him? Oh well, whatever happens I won't lose more than 2.25pts. Come on double top!
Bounce wit me, bounce wit me Can ya can ya can ya bounce wit me, bounce wit me Ya-yah-yah, ya-ya-yah-yeah bounce wit me, bounce wit me Ge-gi, ge-gi-gi-gi-geyeah bounce wit me, bounce wit me Get it!
You may have had a datafeed or program problem (computational error?).....now at times the "footprint" charts can be back and forth but it is pretty clear most of the time imo. I pay attention to the "shifts" in delta for the most part and yes when I enter trades the footprint is giving fairly clear indications imo. I also screen my price charts middle pane MD indicator, as I watch the footprints charts when I am ready to find a good entry. There was some good dramatic shifts in delta today and the footprints charts were clear at entry...... http://www.charthub.com/images/2006/09/15/ES_317_VB.png http://www.charthub.com/images/2006/09/15/ES_317_VB_2.png http://www.charthub.com/images/2006/09/15/ES_317_VB_3.png ********************************************************************* http://www.charthub.com/images/2006/09/15/ESZ6_MD.png You can see here at the "double top" second run up to 1336.75 (1336.00 was a MP level btw ) that the positive delta is diminishing per bar as we get back above 1336.00. Also, you will see the last three bars have almost no trades at each bars upper tick of the bar, and 2 of the last 4 bars have a negative delta (and last two bars have lower lows). Now this is not screaming to go SHORT here, but after all that run up and in the same price levels as the previous news price run highs (double top).....why not take a shot at a SHORT here to at least see if this 1336.75 level will hold. This is what the MD looked like after you entered the SHORT......... http://www.charthub.com/images/2006/09/15/ESZ6_MD_2.png My entry SHORT was at 1335.75 in this area, and you can see that from 09:23 to 09:34 we had consecutive negative delta bars. Next, we had one small pop bar at 09:38 and then selling took back control again for the next three bars....at this point your trade would have already hit some targets and everything is looking real good for any runners. John - between my price charts MD indicator and watching the order flow conviction on the footprint charts, I feel that a person should be able to see shifts that can be used to initiate optimal trade entries.