We have a few levels of MP resistance there (from the late spring)......then breakout land above. Also a heads up to anyone that is interested in a MD class tonight at 8:00 pm CST with Trevor from marketdelta.com...... http://www.elitetrader.com/vb/showthread.php?s=&threadid=76934&perpage=6&pagenumber=22
Cool, thanks for the info. I hope you guys get a lot of people at that session. I would do it myself but tonight is my sons baseball game. Gotta be there you know.
5P Any chance it can be recorded like Gary's video's? I can't make it either due to the time difference.
Sorry for not posting for a little while but there's been lots of personal stuff going on and with the end of the month I've had to focus more on my stock trading. Anyway, first YM trade of the day for me just right now, in at 11701 and out at 11711 pretty quickly.
This market delta is the one indicator I have seen so far that goes hand in hand with S/R. To the point where if you did your S/R charting and then looked at the market delta you could easily see the difference in the major and minor s/r levels. Talk about cherry picking. Do you ever look at the market delta and compare it to my numbers. What I have seen so far they go hand in hand a lot of the time.
I use the market delta to be the tool that picks my entry PRICE......but I use market profile s/r levels to look for the ZONE in which to take market delta based entries at.
I see...It seems like MOST of the time we are in the trade about the same time give or take a little.