Friday, November 15, 2019

/NQ 11-15-2019 Trade Day Review


Market opened selling off and continued to drop but delta held its Open Low of 6,408 forming Trend Divergence to the Upside entering Long 8294 Stop Loss 8288.75(+23.5 pts) reserved position Short 8317.50 Stop Loss 8322.75 when Price & Delta created Trend Divergence to the Downside.  Delta broke its level of Support from 950 am CST while Price held, exit trade 8307(9.5 pts) Market then entered a consolidation each time it put in a low the buyers stepped in on delta and bought the lows doing this twice.  At 230 pm CST price made a lower low but delta had a higher low creating Trend Divergence Bullish enter Long 8301 Stop Loss 8296.75 plan to take profits when it made New HOD but it entered a consolidation zone so exit trade at 8317.25(16.25 pts)
The market was in a range for the better part of the session, Delta was making higher lows just before lunch break(11am CST)  +49.25 pts.

Thursday, November 14, 2019

/ES 11-14-2019 Trade Day Review


As US Session started I plotted the bottom line up to where they both topped out and plotted a upper line.  As the market sold off around 1045 am CST price put in a lower low while delta held it's low of 21043(Trend Divergence Bullish).  So plotting a 2500+ contract box, I waited for delta to close above the box level(22543) to enter a Long position place your stop beneath previous higher low before your entry candle(3082.75)  Good for 6 pts.
Exiting when delta made a higher high but price didn't break its 915 am high(Hidden Divergence Bearish), at 1 pm price spiked down as did delta but delta held it 12 pm low(32224) while price took out its low(3089.25) forming a Trend Divergence Bullish.  So plotting a 2500+ contract box and entering Long once delta closed above the box level(35976) Good for 8 pts.
***Blue/Red Arrows are entry/exits***

Tuesday, November 12, 2019

/NQ 11-12-2019 Day Review


During Sunday Globex Session, price was able to make a higher high from Open but on less convincing as the Delta made a lower high creating a Trend Divergence to the downside.  The candle also formed a Pinbar.  So entering a Sell position near 8251 with stop loss above recent swing high(8259.50) exiting position around 8232 area.  Price was making lower lows but the Delta was holding its 7:05pm EST low of 15247. A Gain of 19 pts.
As price made its final lower low creating a Hammer, Delta was making a higher low creating a Trend Divergence to the upside.  So entering a Long position at the high of Hammer candle(8230.75) stop loss at 8228.25, took price back thru Globex high exiting when Tweezer Tops were formed and price couldn't make a higher high(8274.25) while delta began its decline.  A gain of 40+ pts.

Friday, November 1, 2019

/ES 11-1-2019 Trade Day Review


On the Cumulative Delta Chart(Leftside), delta was held at 107,489 but over on Price Chart(Rightside), it was making a higher high creating a Trend Divergence(Bearish) to the downside.  So the small gray box on Delta chart represent 2500 contracts so when delta bars pierced thru the bottom of box level 104,989(107,489- 2500=104,989) that's your entry signal to place a Market Sell order preferably within 1.25 points of recent pivot high(3062.00) so trade position no lower then 3060.75.  Trailing the trade down to where previous Buyers was still holding contracts at 3053.00 area on Price, on Delta Chart 94,860 level.
Around 1pm EST as price made a New HOD taking out previous HOD(3062.00) the Delta wasn't able to get back up to it 107,489 level creating another Trend Divergence to the downside, so once delta bar pierced thru the 99,500 level(102,000- 2500=99,500) place a Market Sell Order no lower then 3062.00.  This trade would have got you inside a consolidation range, but had you been drawing a trendline connecting bottoming tails you might had exited trade with profits you had, to take the new setup that was in progress.
Price was making Higher Lows, while Delta was making Lower Lows forming a Hidden Divergence to the upside.  So had you reversed position from previous trade having a trade position Long 3059.50 taking back up to HOD monitoring the Cumulative Delta was still dropping lower while price was rising making new HOD thru market close when delta finally caught up with price.

Trading Nadex Binaries 20 min Expiration contracts, you would had 3 wins taking to expiration entering ATM contracts.





January 8th, 2021 /ES Delta Analysis and Notes

 With NFP report being release an hour prior to market open, the /ES was in a range upon the open with Delta selling off.  Price made an att...