Symetric distribution...


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  • BruceM
  • 15-Sep-2009 at 2:36 PM
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I have volume being fairly symetric today so far in the ES now that we are up at 1049, Triples sit at 1044 so that is what I'm trying to trade for,,,,,that's also the midpoint of the high to low range so perhaps the trading gods will shine down upon this trade
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  • rainman99
  • 15-Sep-2009 at 3:04 PM
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You got 2 sets of triples siting at that level. Interesting
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  • BruceM
  • 15-Sep-2009 at 3:05 PM
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always scares me when someone says the worst is over and posts on Elite mention how the market just "Can't go down"..
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  • BruceM
  • 15-Sep-2009 at 6:59 PM
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Us long time traditional MP players need to adapt to the real world....It use to be we could look to the 60 minute range and a break on both sides to signify a potential symetric day....now that we have volume we can look and it's distribution for a clearer picture of what's really happening
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  • rainman99
  • 15-Sep-2009 at 7:22 PM
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They got real close to running those triples in the AH. You still short Bruce?
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  • BruceM
  • 15-Sep-2009 at 9:08 PM
  • Rep: 216k
  • Posts: 19.9k
no, last runner came off at RTH close...still like the short idea though
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