
Going to start doing this everyday. have note pad open and just jot down my thoughts as the day progresses. should have been 3/3 but hit the wrong button and lost 7 points, dumb. Need to review what tick was doing during the breakout. overall very pleased with my patience and not getting faked out during the probes.
10am
im naked without market delta. +5 points,
could have easily seen the order flow
with delta bars, stayed in that trade and
paid for market delta in 2 minutes. got
the super dom working, pretty damn nice.
price stalls at wvap, no buyers on the
tape. looking for another test at 570 to
short or a test down o 440. too noisy
here to bother trading.
10:05
lift off vwap but no buyers on the tape.
battle still at the vwap.
10:10
this isnt so bad, going to watch this for
a month as an education in tape
reading.stand off still around the vwap,
price breaks out to the downside.bid gets
slammed. 480 balance area now, tape goes
to sleep.could probly takea long back to
the vwap but too much noise.
10:15
forgot about TICK. got TICK working in
ninja. for some reason won't back fill
the day. figure this out later.
10:23
back to vwap then quickly rejected. TICK
doing a whole lot of nothing. start
thinking about coding cumulative tick in
ninja.
10:28
market is balanced around vwap/pvp.start
looking for volatility breakout. too much
nose on the downside,will probly go long
with a break above 510. price having a
tough time around the wvap.
10:35- TICK is sleeping, almost perfect
symetry wvap/pvp,triangle setting up.
waiting for volatility breakout. might go
short under 475.
10:40
brilliant move,hit the wrong button,
bought instead of sold.
-7. good analysis though, no reason to be
taking these trades here. been seeing
small range extension like this the past
few days. probly at a dev band on vwap.
10:45, testing the low support area.TICK
is pretty flat.look for breakout.
11:00
Buyers at the low range, auctioned down
to another balance area.TICK is real
flat. Price lifting on strong TICK. might
look to fade.price looks like its trying
to drive back to the vwap.
11:10
Stalls at vwap. looking to short again as
before but hit the SELL button this
time.TICK is flat, took a good amount of
TICK to hit the vwap. offers being lifted
across the board but price is still stuck
at the vwap. long above 510 or shorting
at 470 area.
11:20
Price is battling out of the volume zone.
big test at 510. not sure what fire power
tick has left to push through that level.
this is what i've been waiting to see as
far as how price moves with this kind of
tick at a key level.price is failing,
poor risk reward to short though back to
vwap though.
11:25
Tick might be reloading for a test of
510. still looking to get long on a
breakout.Probe of 510 and failure.
Building a huge volume range between
480-510.TICK is flat.
11:33
Another test of 510 and failed. TICK gets
rocked. Not going to get faked out,
looking for a break about 515 now. Going
back to vwap.
11:36
Back to vwap at near perfect symmetry
with pvp. something has to happen here.
yawn.
11:43
probes and fakes in the other direction
at 480. Took all ticks fire power to
probe that area, back to vwap.
11:53
Finally got the breakout. +23
Pleased with the reading of the market.
Knew I had good location, market delta
would have made that trade much more
confident and possibly stayed in until
order flow changed. Pretty much closed
the tape. Would rather just read the DOM.
lunch time. might be done for the day.
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