A Jack of Small Trades

An updated version of our Better Data Suite is now available for download.

The issues related to toggling the Better Forks on and off have been remediated, as have the issues with installations on Windows 7.

The new release is very, very cool...here's a standard example of how we use different size forks to line up a price target.

ES 18 DEC 2015 OrderFlow AlgoFutures BetterDataSuite

If you have not picked up an Early Adopter subscription to our Better Data Suite...you might want to consider taking it for a spin...which you can do here.
 
If you are interested in what this puppy can do, we are now maintaining a streaming broadcast of the Better Data Suite on a 10 minute delay - it is very cool.  You can watch it here.
 

ES | S&P 500 Market Structure and Order Flow

1) The white primary fork's Right Shoulder has an Orange Bar confirmation.

2) The green subsidiary fork is also confirmed with a green Right Shoulder.

3) The near term target is is the 2,030 intersection of the Primary and Subsidiary forks.

ES Primary and Secondary Forks with Order Flow 11 DEC 2015

 

08-DEC-2015 | ES

1)   In this morning's example of a Head & Shoulders pattern using a 4 tick range bar in the forward e-Mini S&P 500 electronic futures contract, the ES had been in an downtrend since Monday December 7th 4:00 p.m. EDT.

2) A Sell Programs Waning indication occurs at the head. A reversal in MacDaddy occurs just after the head. These indications in the tape point to exhaustion.

3)   Our right shoulder occurs at 9:40 a.m. EDT. The right shoulder is accompanied by a Sell Programs Waning, a Long Strong Tape Imbalance, and a +1 Standard Deviation Uptick Ratio indications. Note that the Right Shoulder was an 'Engulfing Bar'. imediately after the Right shoulder we see we had a resumpion spike in MacDaddy. We also have another +1 Standard Deviation Uptick Ratio indication.

4)   MacDaddy is strong green after the right shoulder. MacDaddy shows a few more resumption spikes as the move continues. We also have a +1 & +2 Standard Deviation uptick Ratio accompanied by long Strong Tape Imbalances during the move. These indications in the tape point to New Fuel.

 12.08.15 1st Rt shoulder


For a deeper dive into how to use Better Data trade the Right Shoulder of a Head & Shoulders pattern click here.

...sceeto

The supporting order flow data that is presented on this page was generated by ...sceeto.

If you find this type of information and trading approach, as interesting as we do, please feel free to take a free trial of ...sceeto.

If you are curious about incorporating Better Data into your trading, please feel free to set up a complimentary consulting call here.

Here's some mixing and matching between ...sceeto and Better Data Suite.
 
Notice how the fat green MacDaddy buying comes in at the right shoulder and continues to build through the breach of resistance so that the Elliott 3 wave can be ridden with confidence?
 
Also, the Right Shoulder - aka Elliott 2 Count - which launches the 3 wave is 'obeying' the fork.
 
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