Recent content by Chris_Shaw

No I never did. :(

Has anyone heard of this book/ author? http://davidjamesnorman.com/ Just curious about it. Ive read some good things about it. But this book isnt available anymore on amazon so I am wondering why its out of stock/ print.. Thanks

Hello, Has anyone purchased the fulcrum trader (same named website) cumulative delta course? Im curious if it's worth the price. Thanks

10/23/15 Recap and prep (for 10/26). In the last post I mentioned how Jim Dalton says sometimes a mkt has to break before it can rally. What we say yesterday confirmed this statement. Volume and price activity over the past couple of days is evidence of longer term players in this mkt as of...

10/21/15 Recap and prep (for 10/22). Today will be a quick recap as I have some other obligations to attend to right now. It's quite obvious the bears were the victor today. Once the sellers were able to drive price down to yesterday's pit session low, buyers stepped in. This left a weak low...

10/21/15 Morning update. Good morning. Overnight range is outside yesterday's range. Inventory is net long but not 100%. Currently trading above yesterday's value area. If we open under these conditions, the mkt may be in search of a new value area which at this time would be to the upside...

10/20/15 Recap and prep (for 10/21). Still 1 T.F. higher and value is migrating along w price. Today's attempted direction was down. The morning rally high was met with some strong selling as seen in the graphic (today I left the actual volume text displayed for review on the profile), which...

10/20/15 Morning update. Good morning. Overnight trade is in balance, balance rules apply for today. Looking at the RTH and O/N trade over the past few days value has been migrating up. This is positive to continuation to the upside. On the contrary, this mkt is very stretched out. It would be...

10/19/15 Recap and prep (for 10/20) Attempted direction was up w lower volume and overlapping to higher value is evidence of a balancing and slowing mkt. Excess and balance are two most important things to consider when looking at the market through the lens of the Market Profile. Friday and...

10/19/15 Morning Update. Good Morning. Overnight trade currently trading within balance. If we open inside of Friday's range balance rules apply. Overnight inventory is pretty short. There is still a poor high from Friday too. Overnight traded above it but only RTH counts as repair. Over the...

10/16/15 Recap and prep (for 10/19). A great day for those who were patient and saw what was unfolding throughout the am session. I'll explain the set up after recapping the day. Today's attempted direction was down for the most part, with lower volume and higher value implies a strong mkt. We...

10/16/15 Morning Update. Good morning. Overnight trade has been centered around the high of yesterday and inventory is balanced. There's a ledge at the 2015 level (noted in the screenshot) that is being defended by bulls. I do not think this is by accident. My go no/go level is the Sept FOMC...

10/15/15 Recap and prep (for 10/16). Over the last two days trade, the profiles had several anomalies - formed by emotional selling (or buying for up days). Yesterday, the profile shape was looking like the 'b' pattern and had a poor low. All of these clues were telling me that the selling was...

10/15/15 Morning update. Good morning. Overnight trade is within yesterdays range, balance. Balance trading rules apply today. O/N Inventory is 100% long. Reaction to 0530 economic news this am has the ES (and all other majors) coming off a bit. O/N High 2000 O/N Low 1985 Prior pit high...

10/14/15 Recap and prep (for 10/15). Today was difficult for me to ascertain what the competitors were doing. Examples: periods D, E, & F highs could not breach each other. Once G period opened, we had a rally almost to the open. At this point I was confident the attempt to auction below the...