ES 12-23-08

GM Traders

daily pp: 871.75
weekly pp: 885.25
POC: 869.75

60m: 905 / 849.75
15m: 878, 887.75 / 869.50, 862.25

sorry. Silly question, wont ask again,

What does "bigs +9800 mean?

quote:

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Originally posted by VOwater

s @ 77.25

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Were you fading the 161.8 level?

the 5m 500sma looking for the gap fill margie

and margie there was tick divergence

quote:

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Originally posted by eltoroloco

sorry. Silly question, wont ask again,

What does "bigs +9800 mean?

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El Toro - I run a study called BAV that lets me get a cummulative count of activity from the time and sales to try to figure out what big money traders are doing. A trade on the bid is considered a sale (distribution) while a trade on the ask is considered a buy (accumulation). I arbitrarily use trades of 50 or more contracts as the big money cutoff so a trade of 50 or more gets added or subtracted to the cummulative big money total while trades of 49 or less contracts get added or subtracted from the cumulative small money total. On the chart below, big money is the white line against the right axis in the BAV section while small miney is the brown line against the left axis. Right now bigs are +10025.

since you have the 610T now, look at the 9:28 candle

thanks a lot prestwick, still learning at the moment be learning quick. Thanks.

and yes on the 161.8% sorta, look at my posted chart and the gold dotted line on my fibo bands is the 161.8

sorry margie I meant 261.8 on my bands

ABC projection off LOD...