Daily for 10/08

[UrmaBlume 10]

Today's Numbers

0830 EST Initial and Continuing Jobless Claims

1000 EST Wholesale Inventories

************

An earnings release on the close yesterday drove price up to 1,065.75

where price found a seller.

 

At 0659 PST on 09/29 at exactly 1,065.75 the market found selling

that drove price down over 50 pts. Double Top?

 

[bakrob99 11]

UrmaBlume,

 

How has the change in Tick Reporting by the CME affected your Indicators?

 

Bakrob99

[davewolfs 10]

UrmaBlume,

 

How has the change in Tick Reporting by the CME affected your Indicators?

 

Bakrob99

 

Good question - I was wondering the same thing now since ticks show less volume how is the trade intensity indicator standing up.

[UrmaBlume 10]

UrmaBlume,How has the change in Tick Reporting by the CME affected your Indicators?Bakrob99

 

Good question - I was wondering the same thing now since ticks show less volume how is the trade intensity indicator standing up.

 

We like it. The more granular the data the better.

 

We have several different indicators of the intensity of commercial trade. We don't think the changes will have meaningful impact on any of them.

 

The net result is that the data is more granular and time stamps are still in the millisceond time frame - should be a +.

 

cheers

[UrmaBlume 10]

At 2 hours into the session price tests the Nite Session Selling.

 

At 0700 & 0707 PST there was intense commercial buying that has established an area of strong support.

 

[UrmaBlume 10]

Day Summary

 

Today's action located selling at 1,066 - 1,067, Support at 1,061 and

a Strong Buyer at 1,057

 

Today's summary is the technical anatomy of the session.

 

The first graph shows 3 technically significant points in price and time

Point #1 is the session low, #2 is the session high and Point #3 demonstrates late support on the opening pirce.

 

The following 3 charts demonstrate the buying or selling that defined that particular point

 

 

Point #1 is the session low.

Strong commercial buying at 0700 nad 0707 PST combined to form the low.

 

 

Point #2 is the Session High which was formed between 0927 - 0931 PST

by the stong comercial selling as shown below.

 

 

Point #3 deomonstrates the stronger than expected buying that formed

late support at the opening price.

 

[brownsfan019 17]

Those charts w/ the commercial selling/buying highlighted could make someone a multi-millionaire overnight. The pinpoint accuracy we've seen w/ them is amazing. Too bad no one has been able to successfully replicate these charts... at least to our knowledge.

[UrmaBlume 10]

Those charts w/ the commercial selling/buying highlighted could make someone a multi-millionaire overnight. The pinpoint accuracy we've seen w/ them is amazing. Too bad no one has been able to successfully replicate these charts... at least to our knowledge.

 

Several here have come very close and have working indicators. They report that their versions have really helped their trading. Also the graphs you see are but one of 3 ways, that we know of, to present that same information.

 

The algorithm is in this description - ""When taken in combination, the acceleration and deceleration of buying and selling volumes, total volume and the velocity/rate of change in the balance of trade reveal a certain dynamic that we find present at many, if not most, intra-session extremes." Another clue is that there is more than one data feed involved.

 

Some of what makes this game of ours truely great is that one needs no license, no permisision or approval from anybody and there are infinite ways to be hugely successful. You don't even need huge capital - all you have to be is right and if you are right you wont be little for long. This kind of trading is very leveraged and there is unlimited capital available for those with practical working protocols.

 

The challenge is that very few ever get there. The limiting factor is not money or equipment it is intellectual capital.

 

cheers

[davewolfs 10]

Several here have come very close and have working indicators. They report that their versions have really helped their trading. Also the graphs you see are but one of 3 ways, that we know of, to present that same information.

 

The algorithm is in this description - ""When taken in combination, the acceleration and deceleration of buying and selling volumes, total volume and the velocity/rate of change in the balance of trade reveal a certain dynamic that we find present at many, if not most, intra-session extremes." Another clue is that there is more than one data feed involved.

 

Some of what makes this game of ours truely great is that one needs no license, no permisision or approval from anybody and there are infinite ways to be hugely successful. You don't even need huge capital - all you have to be is right and if you are right you wont be little for long. This kind of trading is very leveraged and there is unlimited capital available for those with practical working protocols.

 

The challenge is that very few ever get there. The limiting factor is not money or equipment it is intellectual capital.

 

cheers

 

Another data feed? I don't believe anyone other then you has mentioned the use of multiple feeds to do this.

[DavidHP 10]

 

The challenge is that very few ever get there.

 

The limiting factor is not money or equipment it is intellectual capital.

 

cheers

 

LOL

 

Very observant.

 

I love that quote.