Delta Phenomenon

This is a discussion on Delta Phenomenon within the Trading Delta Cycles forums, part of the Specialists' Corner category; Originally Posted by 2be DOW 17 Oct 2018 DOW PA proved great today, intraday momentum was very tradable, mR1 down ...

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Old Oct 29, 2018, 4:31pm   #346
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Quote:
Originally Posted by 2be View Post
DOW 17 Oct 2018

DOW PA proved great today, intraday momentum was very tradable,
mR1 down to mS1 then rotation mS1 back to mR1 - closing the gap in that move up
The PA has been accompanied by extremely useful volume display (real volume rather that tick volume)on shorter TFs, rotation areas also well supported by VSA.

Volume has again proven to be of great assistance during the US session today, I cannot underestimate this statement, lets leave at this.

Two charts with some levels for tomorrow.

Green pips to all,

2be

PS I am taking a break from posting for a while, there is nothing new I have to say atm, and repeating the same seems boring
DOW update Mon 29 Oct 2018

So far a single inversion is in play on ITD TF.
Today rather large movement up has happened outside of the US session, some kind of re-test is possible.
Please be aware that delta rules allows for a double inversion on ITD TF.

On a longer TF the timing of MTD 8 Low is important.

Good trading to all,

2be
Attached Thumbnails
dow-daily-2018-10-29_150827.png   dow-sessions-m30-2018-10-29_150927.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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Old Nov 3, 2018, 8:37pm   #347
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DOW Update Fri 2 Nov 2018

DOW Update Fri 2 Nov 2018

Last Friday's DOW session was impressive.

Delta perspective;

Double inversion possible on ITD TF (not clearly marked on the DT chart) - perfectly within the Delta rules. For that to happen sizeable and decisive move down needs to happen, creating a possible new L which might be MTD8L together with the other TFs L

Single inversion is in play, with MTD8L and the other multi TFs L already established

VSA perspective;

Volume data proved to be of great use. Please have a careful look at the DOW sessions chart where I have drown red lined on volume - than come to your own conclusions
Note that I have only included charts with tick volume data, I am using other charting software with different data feeds for both PA and Volume but for various reasons IMHO it will not be helpful to share them all on this forum, as it comes outside of the scope of Delta, and it demand much more work on my side.

Other charting has indicated Volume pattern vaguely in line with the posted Tick volume, although with much improved clarity. This also also been supported by D1 charts.
Weekly and Monthly TFs are also useful to study, including VSA analysis - please do your own homework

Momentum and divergence

DOW H1 chart - important to note the divergence pastern, marked with red lines, such triangle pattern is often a very powerful indication of a good trading opportunity.

Some useful pointers:

Prorealtime has different packages with the volume of DJIA and other securities (at reasonable cost if one deems such a service important), it also provides free end of day charting.

IG Prorealtime provides data feed for DOW's Futures, which by the Futures market reality is much less exact but nevertheless indicative, arguably more useful that tick volume data, like on MT4.

E Signal is also an option, Thinkorswim is also great and very innovative charting, but is not available in the UK Of course there are many other providers, even Yahoo and Gogglen but the last too need to be refreshed and I find them a bit clumsy.

Few more considerations:

Friday DOW sessions finished on a pivot on DOW futures chart.

As usual - the importance of the indicated levels/zoned derived from the previous session.

Please observe the difference between DOW (us session-pit time) and the continuous DAW futures charts.

23100 FEB's Low is an important zone, above it DOW is still in a strong Bull market.

If I have to disclose my current bias, I am more bullish, but will not be trapped but that bias if PA and the market structure tells me otherwise!

Wishing all to have great weekend!

2be
Attached Thumbnails
dow-daily-02-2018-11-03_181803.png   dow-m30-sessions-2018-11-03_180314.png   dow-h1-momentum-2018-11-03_183320.png  

__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!

Last edited by 2be; Nov 3, 2018 at 8:44pm.
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Old Nov 8, 2018, 10:26pm   #348
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Quote:
Originally Posted by 2be View Post
DOW Update Fri 2 Nov 2018

Last Friday's DOW session was impressive.

Delta perspective;

Double inversion possible on ITD TF (not clearly marked on the DT chart) - perfectly within the Delta rules. For that to happen sizeable and decisive move down needs to happen, creating a possible new L which might be MTD8L together with the other TFs L

Single inversion is in play, with MTD8L and the other multi TFs L already established

VSA perspective;

Volume data proved to be of great use. Please have a careful look at the DOW sessions chart where I have drown red lined on volume - than come to your own conclusions
Note that I have only included charts with tick volume data, I am using other charting software with different data feeds for both PA and Volume but for various reasons IMHO it will not be helpful to share them all on this forum, as it comes outside of the scope of Delta, and it demand much more work on my side.

Other charting has indicated Volume pattern vaguely in line with the posted Tick volume, although with much improved clarity. This also also been supported by D1 charts.
Weekly and Monthly TFs are also useful to study, including VSA analysis - please do your own homework

Momentum and divergence

DOW H1 chart - important to note the divergence pastern, marked with red lines, such triangle pattern is often a very powerful indication of a good trading opportunity.

Some useful pointers:

Prorealtime has different packages with the volume of DJIA and other securities (at reasonable cost if one deems such a service important), it also provides free end of day charting.

IG Prorealtime provides data feed for DOW's Futures, which by the Futures market reality is much less exact but nevertheless indicative, arguably more useful that tick volume data, like on MT4.

E Signal is also an option, Thinkorswim is also great and very innovative charting, but is not available in the UK Of course there are many other providers, even Yahoo and Gogglen but the last too need to be refreshed and I find them a bit clumsy.

Few more considerations:

Friday DOW sessions finished on a pivot on DOW futures chart.

As usual - the importance of the indicated levels/zoned derived from the previous session.

Please observe the difference between DOW (us session-pit time) and the continuous DAW futures charts.

23100 FEB's Low is an important zone, above it DOW is still in a strong Bull market.

If I have to disclose my current bias, I am more bullish, but will not be trapped but that bias if PA and the market structure tells me otherwise!

Wishing all to have great weekend!

2be
DOW Update - End of US session 8 Nov 2018

Longs covered on DOW just in case there is a reactionary Friday.
There is a still some space to the upside before ITD2H, but there might be attempt for PA to get to the median before the final push up.

Good run so far on DOW!

Few charts for your perusal.

Good trades to all,

2be

PS

Content added on Fri Morning 9 Nov 2018

ITD TF is still in ITW (theoretically speaking - there is a strong reason for such theory!, so it is not to be ignored), though it looks like a single inversion has happened this time around.

ITD2 H might come on time or late - Delta rules
ITD3 L might come on time or earlier

Please have a look at volume on these two sites - links posted below and familiarise yourself with them -it is worthy exercise!!! At the very least look at volume on daily TF and compare it to to what you are using or even to the tick chart of sessions on M30TF with compounded tick volume (posted below).
Be aware that on Finviz displayed Futures but there are other data feeds that display the pit time exchange volume activity.

IMHO and truly it is so, volume tells the side of PA which otherwise is not visible, that applies to all TFs and chart types.
I have chosen not to ignore volume data, and use it alongside other insights for making trading decisions.

https://www.cmegroup.com/market-data...ge-volume.html

https://finviz.com/futures_charts.ashx?t=YM&p=d1

DOW Update at 3:20 pm on Fri 9 Nov 2018

shorts covered around the round number, Volume, momentum and good news release (PPi m/m ) were of great assistance!!!
I am done for the week.

Good weekend to all!
Attached Thumbnails
dow-daily-2018-11-08_211614.png   dow-m30-sessions-2018-11-08_211641.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!

Last edited by 2be; Nov 9, 2018 at 4:27pm.
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Old Nov 10, 2018, 12:28am   #349
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DOW Fri 9 Nov 2018 after close of the us session

Quote:
Originally Posted by 2be View Post
DOW Update - End of US session 8 Nov 2018

Longs covered on DOW just in case there is a reactionary Friday.
There is a still some space to the upside before ITD2H, but there might be attempt for PA to get to the median before the final push up.

Good run so far on DOW!

Few charts for your perusal.

Good trades to all,

2be

PS

Content added on Fri Morning 9 Nov 2018

ITD TF is still in ITW (theoretically speaking - there is a strong reason for such theory!, so it is not to be ignored), though it looks like a single inversion has happened this time around.

ITD2 H might come on time or late - Delta rules
ITD3 L might come on time or earlier

Please have a look at volume on these two sites - links posted below and familiarise yourself with them -it is worthy exercise!!! At the very least look at volume on daily TF and compare it to to what you are using or even to the tick chart of sessions on M30TF with compounded tick volume (posted below).
Be aware that on Finviz displayed Futures but there are other data feeds that display the pit time exchange volume activity.

IMHO and truly it is so, volume tells the side of PA which otherwise is not visible, that applies to all TFs and chart types.
I have chosen not to ignore volume data, and use it alongside other insights for making trading decisions.

https://www.cmegroup.com/market-data...ge-volume.html

https://finviz.com/futures_charts.ashx?t=YM&p=d1

DOW Update at 3:20 pm on Fri 9 Nov 2018

shorts covered around the round number, Volume, momentum and good news release (PPi m/m ) were of great assistance!!!
I am done for the week.

Good weekend to all!
DOW Fri 9 Nov 2018 after close of the US session

DOW Futures provided good trading opportunities today.

Bloomberg correctly commented that market has fallen (hours after the fact!!! )

But seriously, there were good signs to short DOW today, things like even the handicapped compounded tick volume of the US Thursday's session, reasonable effort with poor effects, compare Wednesday,s and Thursday's candles versus corresponding volumes.

Then there was a helpful data release PPI before the open of the US session, positive news DOW goes down.

US session opened well below Thursday's close, with no effort to close that gap.
It is interesting to study the pattern of these gaps, when they close and when they are not closed. I look at this scenario very carefully.


Regarding Delta, there is plenty of time for the ITD2H (if there is a single inversion on ITD TF), so nothing unusual for Market to have a PB after four positive days.

I am also using compound candle bars with US session's activities, and there are clearly GAPS there, different type of a gaps. Nevertheless these gaps provide a great perspective which I tent to utilise. I have marked them on US sessions chart.
There Gaps are important, needless to say.

Interestingly DOW likes 261.8 extension of the first move, drawing fibs on Thursday's US session Candle bar, EXT 261.8 is in the region of 25757 and this is the top of the gap marked in orange colour on the US sessions chart. We shall see if that is achieved early on next week.

On DT chart have drawn some fibs, usually have more that one set of fibs, but it will add confusion if I posted them here. Read Robert Miner and how he uses fibs in all sorts of manner. DT, being R Miner's creation has got different features including fibs, EW counts and so on.

Good trades to all,

2be
Attached Thumbnails
dow-daily-2018-11-09_221639.png   dow-m30-sessions-2018-11-09_222016.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
2be is offline   Reply With Quote
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Old Nov 12, 2018, 7:01pm   #350
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DOW 12th Nov 2018 Update

DOW 12th Nov 2018 Update

Covered shorts on DOW near the days Low, good run again, the first GAP from the previous post has been closed, will wait for the next good move.
There is still one more gap to close.
Please remember that it is Holiday in the USA.
Thinking to go long, though Fib RET to 50 on daily will provide more insight to make that rotation to the upside.
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!

Last edited by 2be; Nov 12, 2018 at 7:41pm.
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Old Nov 12, 2018, 9:16pm   #351
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Quote:
Originally Posted by 2be View Post
DOW 12th Nov 2018 Update

Covered shorts on DOW near the days Low, good run again, the first GAP from the previous post has been closed, will wait for the next good move.
There is still one more gap to close.
Please remember that it is Holiday in the USA.
Thinking to go long, though Fib RET to 50 on daily will provide more insight to make that rotation to the upside.
Long on DOW 25452 Fib Ret 38.2 on Daily
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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Old Yesterday, 12:21am   #352
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Quote:
Originally Posted by 2be View Post
Long on DOW 25452 Fib Ret 38.2 on Daily
I am establishing multi-entry long position on DOW and expect to test at least the bottom of the GAP marked orange, and possibly surpass it to the upside tomorrow.

It is possible that there is a double inversion in play, if so ITD2L might arrive on time or early - Delta rules. Have posted this possibility on DT daily chart.
M30 on MT4 looks like a possible rotation.
As it was a holiday in US there is no Volume data available from CMA but on Finviz the volume looks low.

So the trade is worth the risk.
Attached Thumbnails
dow-daily-2018-11-12_230538.png   dow-m30-sessions-2018-11-12_230638.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
2be is offline   Reply With Quote
Old Yesterday, 5:03am   #353
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Quote:
Originally Posted by 2be View Post
I am establishing multi-entry long position on DOW and expect to test at least the bottom of the GAP marked orange, and possibly surpass it to the upside tomorrow.

It is possible that there is a double inversion in play, if so ITD2L might arrive on time or early - Delta rules. Have posted this possibility on DT daily chart.
M30 on MT4 looks like a possible rotation.
As it was a holiday in US there is no Volume data available from CMA but on Finviz the volume looks low.

So the trade is worth the risk.
I am covering longs above 25500

Just in case there is a retest of the L @ 25300
Good profits taken, but a rotation to the upside is coming!

Dow is still below the daily pivot, so I grabbed what was there, still good pips as it was multi entry position.
Unusual for me to trade so late, but the pattern of the PB before the session end has not happened, so I went for the round number PB instead and loaded it on Ms1 and a bit below to make it more worthwhile.
It has worked, but if need be, I was committed to that trade with a large SL.
The only worry has been the second GAP on DOW, which eventually will be filled, so I did not like to waste good pips - just in case.

Charts attached, have a look at these gaps on MT4 M30 sessions (orange colour) and also observe fibs in the DT Daily chart (will RET 50.o be reached, if not DOW is in a strong move to the upside.
As I type market went up a bit more! LOL ( I am flat and happy)
Attached Thumbnails
dow-daily-fibs2018-11-13_041706.png   dow-m30-sessions-2018-11-13_041809.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!

Last edited by 2be; Yesterday at 5:26am.
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Old Yesterday, 10:40pm   #354
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DOW Update after US session close Tue 13 Nov 2018

DOW Update after US session close Tue 13 Nov 2018

On occasions time and other arrangements permitting I will make such update, though I am not too sure about its utility beyond some king of very selective and disorganised track of part of my overall trading strategy for DOW.

DOW is close to the rotation point, 50% Fib Ret has been achieved earlier on during the session, whit a good and well tradable reaction, with a clear add at mid pivot mS1, big round number @ 25500 proved a good level to cover these longs.

Days in proximity to a possible rotation often witness a retest or even a surpassing the extreme point (L in today's case) PA.

Catharsis will be achieved if the second gap closed, in the region of 24900.
Sessions chart displays fibs related to the PA during the US sessions only, therefore a small difference between the DT and MT4 sessions more exacts fibs calculations (IMHO).
Have marked that zone with orange box and additional thick red horizontal line, below 61.8 Retn and above 70.7 Ret.
It remains to be seen if DOW goes there.

Obviously DOW is in a strong Bull market, so I am setting SL on longs at reasonable distance, when shorting, SL is much closer, and profits taken with reasonable speed.

Attached few charts for your perusal, study the details, market will not hand you a single pip without work and focused involvement, so the time given to study is likely to pay multiple dividends.

Good trades to all,

2be
Attached Thumbnails
dow-daily-dt-2018-11-13_210254.png   do-m30-sessions-2018-11-13_210115.png  
__________________
A Trading Plan - You MUST Have One! http://www.trade2win.com/boards/home...ave-one-7.html
Outside of Trading Plan and Strategy there is chaos I am often tempted to explore but not with my trading capital!
When NOT TO TRADE is important, or even more crucial than to know when TO TRADE.
There is no trading without risk, do not think otherwise.
Without being stupidly greedy - grab what you can!
Without being too afraid - lose as little as you can!
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