Predictor

New contract tracking is nice... I can see the short balance increasing. We had some buying come in the first low we made but new selling has entered on second touch of low... keeping an open mind. ---- Market seems high probability to test 30.25. --- Traders don't like to trade into these book imbalances (heavy orders on limit side) but eventually arbs will do it for us.

I'm short off the open.. risk looks to be to dowinside

CB, I'm glad you're interested in our product because it really is a unique product. First, I understand the appeal of a heavily marketed product but I hope my explanation will explain why my software truly is better for the purposes it was designed for. I think most traders are already aware of first generation software like MarketDelta. The ability to plot volume inside bars exist in other platforms too. Again, I have seen what others offered, and what they offered didn't meet my requirements -- not even close. Here are some of the advantages and key distinctions in what our software does compared to others: * AlphaReveal, is not a charting application and as such doesn't involve the headaches of charting programs. I need to be able to get into the market quickly and get a read on it quickly. Our software is designed to "spin up" and be ready for real-time analysis on a moment notice. As fast as you can spin up a DOM, you can spin up our software. That's key for me. Really key. * AlphaReveal is the only software that I know of that plots the depth visually and, also, tracks order book imbalances. MarketDelta, to my knowledge, only tracks market orders and doesn't show the depth in a visual way. Price dynamics are the result of the interaction between the market and limit orders. The market orders are only a part of the picture. The clarity that AlphaReveal provides into both limit and market order imbalance is unmatched. * It is not just an imbalance in buying/selling that leads to price movement but rather unidirectional order flow over a condensed time/space. Most methods that involve accumulating order flow over time can't show this critical unidirectional order flow. AlphaReveal's OrderFlow Monitor is a powerful tape reading tool. Our PressureVolume display is the easiest way to read the tape ever developed. Likewise, we highlight whether the bid or ask price is receiving more order flow "right now" which allows us to make better informed decisions about when and how to use market orders especially when combined with the ability to see order book imbalances and the depth visually. These advantages can't even be copied into a charting program because the paradigm is so different. * AlphaReveal also has an clearable volume inventory tracking/accumulator. This tracker allows the trader to take an interactive Pulse of the market and the order flow from key areas. This is incredibly valuable because as I've stated it is not just imbalance but directional order flow that leads to price movement. The ability to interactively pulse the market provides for a completely difference and unique experience to analysis over chart based trading. * AlphaReveal's OrderFlow Bars can be used to track volume and trade imbalances on time/range/and volume periodicity and can be used for recent historical analysis of the order flow. While other order flow software may be able to plot volume inside a bar, they can't benefit from the powerful synergistic advantages of tracking order book imbalances, depth, and directional volume that AlphaReveal has. * AlphaReveal has many features for reducing information overload I personally find that looking at some of those charts a case of too much information for my taste. I've never felt that way using AlphaReveal because I can adjust it to give me just the information that I need. ---- For those who are curious and wanting quality information, let me explain that AlphaReveal is much different then this other program. It is NOT a charting program. If you are looking at our software as a charting platform then you will be disappointed. AlphaReveal is a specialized software designed to give the trader total illumination into the market. It is a especially developed to enable the trader to read the market in real-time. It is the easiest and most powerful form of tape reading I've ever seen. Incredible thought and effort has been spent to help enable traders. Our software is especially designed for reading the market "free form" without chart analysis, historical analysis, or even a need for explicit rules. Let me repeat, our software can enable the trader to read and get a sense of the order flow in real-time without the need to look for explicit/historical analysis or do "chart mining". Yet, AlphaReveal supports multiple paradigms for processing the order flow and both a bar based approach and recent historical analysis of recent order flow is fully supported with the OrderFlow Bars. We feel the synthesis of having both methods running side by side is extremely powerful. If you're looking for program designed to enable you to "execute" at your best then that is really what our software is about. I hope I've helped to explain how our software is different and unique. I know most beginners will be attracted to the fancy charting program. We feel when they actually start placing trades they'll see the benefit in our approach.

I just got this in my inbox today...I think this is a step in the right direction. I will have to re-evaluate the offering. I am too busy to try it immediately but I'm more open to attempting one now. I have never been negative in my real money trading. So, it would be nice to have a backup. I'm sure many would like to see me try and fail. .lol ---------- Traders who have received funding after successfully completing a $30K (or $50K) Combine have consistently proven to be some of the most disciplined and consistent traders we have trading in the live market. Therefore, we've made the following changes: The 10-Day Combine profit target for the $30K account has changed from $2,500 to $1,500 The 20-Day Combine profit target for the $30K account has changed from $4,000 to $2,000 For those who receive a funded account after successfully completing the $30K or $50K Combine are now eligible to receive additional buying power once an account cushion of $5K+ in profits has been built. AND Those who receive a funded account after successfully completing the $30K Combine may receive an increased daily loss limit once an account cushion of $5K+ in profits has been built. Previously, a funded account would have been required to establish at least $15K in cumulative profits for these two parameters to be negotiable for an increase. As a reminder, you are always welcome to customize your Combine objective for any of the Combine options, learn more here.

We've now added net statistics. We print this information inline which makes it easier to track. I've received a very good response and interest from people wanting to try my software, and we're working hard to make that happen.

H2: 1438 H1: 1434 L1: 1428 If the market turns south then we could see a retest of 1408-1410. My sentiment is that at the current price levels that the risk to the downside is higher then usual. However, the momentum makes shorting difficult for the weak stomached. In this environment, the ideal trade is I think to sell a risk limit bear spread. If I had an options account I think holding such a spread short could offer a good way to play to the downside. For the Fed announcement, one potential game plan is to fish with limit orders far off the market... in the 1408-1410 region.

rtg... what makes you think tams even trades or took a short trade? For the record, I'm not competing against anyone here. I took a long reversal trade near the lows but took it off for a small profit due to short time. I think maybe tams was lol at my daily risk limit.. No idea. This thread works best when traders share their analysis and not question other peoples trade or try to showboat. Anyway, I traded according to my principles.. didn't lose as I much as I could have.. didn't make as much as I could have, either. Not too bad.

I have tams on perma ignore. I will trade my way. Everyone else can trade their own way. If you want to buy at 33 then buy at 33. I've traded in many different ways over the years. So, I'm familiar with what it takes to win/make these styles actually work. --- Today I noticed a change in the order flow... its a different style of market. Very momentum driven.. While perhaps not surprising, even to the downside though there wasn't much back and forth. ES seems good and thick but the price behavior is different...My belief for this is that most major institutions are trading on new/event driven flow and acting in concert.

All trendies.. there's my target. Not with me on board.. I'm looking for a long reversal here, will take if I see it

Most short term traders trade on technical data because the fundamental data is too slow. I would rank ability to read tape and technical as more important for most trading styles. However, it pays not to be a "one dimensional trader"... that means understanding how larger institutional traders may be viewing the market based on global macro news and events. The dichotomy between technical vs fundamental is flawed. You need to know what drives your market..

Was able to catch a bit of that BN reaction but market looks resilient.. Shutting down as I'd be at risk of hitting daily loss limit if continued... gl CL.. I trade both trend/momentum and counter trend.

A replenishing offer off 32.5-33.25 has led to the current shift in order flow...

"Boehner to give update at noon" So far BN has been jawboning that they can't make progress. Anticipate any changes? This could put a dent in rally. Always concerned in these situations that others have inside information...

Colonel B... could be right. It is not my favorite trade but keep in mind I'm only trying to get a couple points. I typically try to see at least 3 points potential but if required I will take 1 or 2 points even. Keep in mind most of the drive up was overnight... ---- Nope, I think CB is right. This is a momentum fueled market. Stopped out. Reloaded. This will be my last attempt. its been a while since I've seen a market like this. What's happening is that the selling waves aren't able to push the market lower...

I've taken a small short at 28... market is very strong. ---- Lot of selling at 29 now.... stops were triggered here

H2:1426 H1:1422 L1: 1418 My basic hypothesis is that the market is likely to be neutral/slightly bullish in advance of Wednesday Fed announcement. Market is trading at around 1417.50-1418 as of this writing. I will not be tracking it overnight. I may not trade tomorrow. I've had a tremendous amount of enthusiasm for my tape reading software and so the focus is on making it available, as soon as possible. My tentative game plan is somewhat the same as today except I'm going to be leaning heavier on long side. This is subject to change completely if the context off the open is different then anticipated.

One thing worth remembering was that Japan was a great power at the time while the US was not -- not at all like we are the super power today. There's a great story on youtube about how the commander who carried out the mission did not want to go to war with the U.S and said if he did that in 3-4 years they would fail. This man had spent some years in the U.S beforehand.

rtg.. Thanks. Have you ever watched forex/fx brokers in relation to the fx futures? Do they track pretty much 1 to 1? I can get the volume information from futures. I'm just not sure how the spreads differ/i.e how close it is.

Exceeded profit targets.. DFD. --- Market is stronger then I anticipated and that was a difficult short to pull off. One observation is that we had a large imbalance of new open short trade. But, this trade wasn't able to clear lower. When large imbalances in new open trade aren't able to clear then this can create an explosive and contrary movement... What's important in these situations is to recognize that the scenario has changed and react accordingly..

Selling picking up here...OB imbalances slowing it down a little... arbs will have to short though...

Sell programs going off...

Market looks to be getting weaker here... a retest of 14 seems possible. ---- Short again.. looking for drive lower from this area. --- Tremendous buying programs went off... looks like sellers in at the 20.50

Cleared the short... added at the highs. I've approximately met my profit target today and will be slowing down. May be DFD... ---- What's interesting to note is that at 19.00 we had nearly 3x as much buying as selling but the market moved away. I call this Limit Resistance. In this case, it wasn't seen in the book imbalances but this high volume is indicative of a replenishing offer. Often, the market reverses from high volume because such volume is created by limit order traders exhausting the market order supply. This is why the levels are a help because apparently some large speculators are also able to anticipate where the highs and lows are and use those areas to exit trades. Often they'll use a replenishing offer/bid to get as much as possible and then go to market to get the rest.

Very strong drive off open... if I can't get long near 14 then I'll will be looking for a short off the 20 --- Long off the 15.75 ---- Out at around 17.50.... Still anticipating range bound structure... will look for shorts in the 20 region --- Short at market.. bad fill

The low proj. has held over night but looks to be tested. If we get a runner to downside then 14 could become resistance. My game plan is to look for a weakness off the open followed by a bounce. I'm not anticipating significant range extension to downside but do anticipate general weakness.