vertigo333

I'll read your free material...and I won't troll you!

does anyone here look at cumulative delta? this intraday drop (right now) to test swing Low of 02.50 (at 11:10am ET) has (what I guess) is a positive divergence, CD well above level seen on the first swing Low. Does this mean anything to anybody (I have just started for the 3rd time in 4 years) to try to incorporate CD in my trading and I am only spouting crp I've seen talked about on the internet. any comments (pro or con) on CD would be greatly appreciated.

Thanks for the explanations and the charts. The biggest problem I have with a day like this is, even though intraday trend and something like the $TICK remained thoroughly negative after the first hour of trading, I never seem to be able to take a second or a third or a fourth short (and I closed my first short with only a 3.5 point profit). My only consolation (and something I used to do with haBITUAL REGULARITY), I did not try any longs. What was there that could have pointed to a BIG, persistent trend style slide? and how far? I don't know, suggest something I might time to research it this weekend. I keep a measure that calcs 5 day average range and then also calcs a .618 expansion of that range (doesn't get there very often but when it does it is often a barrier to additional expansion (I don't know why). That .618 expansion of the ave 5 day range calculated to 19.50 points. Take today's H minus 19.50 = 1430.75. So far, that's been the LOD to the tick. (markets are manipulated? Option Call writers certainly relished today's decline) Big deal. WHat does it mean going forward? I've gone back to look at the last time there was an RTH range expansion to the downside equal to or greater than the .618 expansion ... last occurred Sept 25, 2012. Sept 25 ( a Tuesday) not only hit the .618 expansion level, it went down further by the end of the day. next day Wed Sep 26) saw lethargic lift and then a retest of the sept25 LOD (came within 2.5 points of the Sep 25 Low) before Thursday's (Sep 27) REBOUND. What was there that could have suggested an extended move lower today? Anyone care to share anything that might have suggested an extended move down today?

Base build, yes. BEAR TRAP possible squeeze if price opens above 39.25 and that represents support. 1439.25 is the High of Thursday 10-11-12. (The chart I am using is composed of cash session ES prices (runs 9:30am to 4:00pm ET) 36.50 is cash session ES H from yesterday. I don't read volume profiles yet so I can't tell you whether it has LVN HVN POC etc signficance (either one, 39.25 or 36.50)

RE "Mind Over Markets" and also "Markets in Profile" by Jim Dalton. Am I supposed to apply the principles he describes for MP on the volume at price? THX

TheNegotiator, Thanks for posting the charts. I am an old-time price bar watcher; I am new to volume at price. I am trying to contribute to the thread as I can. If it's not an imposition, can you offer a little description, or direct me to another area of the site where I might learn some of the basics of the volume at price patterns... but specifically, In the most recent chart you posted, you pointed out a Low and labelled it as not so good (insecure). What technical conditions do you consider insecure, that is, a good Low vs a 'not good' Low? thanks

Weird day today, Bank Holiday, (Columbus Day) no Bond trading. 57 area seems really important to me. It was the H of the week before last week. Think about it it, last week peeked ABOVE that 57 Weekly High and basically was rejected. Is it really Resistance? a re-test with a rejection would strengthen that opinion. Thursday into Friday overnight Low was 54.50... I see on overnight chart that 30 minute bar (2:30am to 3:00am) had H print of 54.50, and Rejected. SO on the chart (just a price chart) 54.50 is B/E line for traders that shorted overnight. Friday L of RTH was 48.75. That was undercut by a single tick in the overnight and buyers emerged (I think buyers emerged to take profit on shorts) DB without going more than a point below current overnight Low of 48.50 would be a real strong potential reversal point. That's my opinion. and remember... "Markets are never wrong; Opinions are." JL Livermore

Are there any generalities anyone can make regarding a particularly small IB? or, for that matter, anything expected once there is a large range IB?

OK, Thanks I'll read through more posts

I have never posted here. I have only read back to page 663 or so. I want to learn more about the Volume profile and how to interpret it... the negotiator's charts are helpful, thx. I had a couple of questions, Negotiator, are the colored horizontal histograms the volume at price (volume profile)? do you use MP at all? What are the price bars you are using in the shorter-term charts? are they based on seconds or are they based on price ranges (like 1 pt). thx