Chouca

Thanks a lot for your effort and your insights from "the other side". For me it has been very valuable and gives more pieces to the puzzle!' :applaud:

Had to jump right to the charts... A mini study shows that as an example the high 29:th of June 14:13 - 14:27 of the ESU0 (1min) showed the price stop at 1044 at 14:13 trying again a number of times dipping down to 1041.5 14:21, up again to test 1044 last try 14:27. The CumDelta was 6000 LOWER on the last summit attempt 14:27, telling a story of market orders at the bid during this periode, and then ES went down. Have to learn how to post charts to get it easier to follow...

Thanks ant, I just believe that in order to the resistance to be "established" at a certain level, and stop price from going higher, the buyers do market orders but there is always enough supply to "eat that" buying up and price cannot go higher. I have not studied CD from this aspect, I will switch to the trading laboratry and see what it might look like in the charts.

I will think out loud - have mercy... Let's say a the markets tries to test the high with no success creating the P-profile. The reason it cannot go higher is that the other time frame participants is always assuring plenty of supply at the level that becomes resistance. If there always is supply the buyers will hit the ask and the CD will go up, but price will not?! :hmmmm:

The b and p profile is quiet easy to spot. I will try to find out what the Stealth Short-Covering means. Is the cumulative delta another way to see these imbalances and in that case how does it show?

The Dude, that was very interesting statistics!!! Thanks a lot! Is there a chance You can do it also for June and FESXU0?

Thanks Fulcrum, I am familiar with the Cumulative Delta, and I have started to study it in my charts. Sorry I still don't follow, I see CD follow the price movemenent or diverse from price movement either up or down which shows how the "market order" participants act at certain price levels or at news releases. But how do You determine the areas of price with resting HELD INVENTORY??? [As interesting as this discussion may be, it's not particularly pertinent to Wyckoff's approach. I suggest that those who are interested in cumulative delta initiate a thread in the Technical Analysis forum. Ed.]

Fulcrum, Very, very Interesting - I want fully to understand what you mean; The Cumulative Delta tracks the cumulative number of "aggressive buyers" grabbing the offer MINUS the aggressive sellers grabbing the bid, right? What you get then is a number that shows if there has been mostly "aggressive sellers or buyers" during some time period (or from contract start). Do You then mean that the Long inventory is back to "neutral" as the cumulative delta crossed the 0-level at around 13:41??? Do you see clues in the market that as the cumulative delta gets very positive sell programs turns in and sells aggressively? In the chart - how do You set the level of "Lowest Delta Threshold of Remaining Inventory"?

Yes they do, http://www.sierrachart.com/images/HomePageImages/3.png Regards Martin

I am using Sierra Charts, in the latest pre release they are slowly getting there!!! Amazing support, listening alot to the users and actions in order to improve the software all the time. http://www.traderslaboratory.com/forums/images/FH_Sahm/smilies/custom2/applaus.gif

UpTick & DownTick is now supported in the new version of OEC, so now you can get the MarketDelta type indicators (bid/ask).The up/downticks comes also with the historical data so you can see what happened in the bid ask war historically. Martin

I have now a demo of the OEC MD Footprint so I can answer my own question No - The OEC version has not Market Profile. ' What you get is the footprint chart. My initial feedback is that it is valuable as you see whats going on inside each bar.

Does the OEC version of MarketDelta provide MarketProfile?

Unfortunately I missed this opportunity, was the webinar recorded and is available somewhere? hmmm ...I opened my eyes and found the link on your blog thanks! Regards Martin