SUPPLY ——- getting in front of the masses.

[tech/a]

Here is a good example of Supply being absorbed
Will be interesting in seeing if it’s enough to withdraw or exhaust come Monday

 

[qldfrog]

very dumb question Mr @tech/a
What are the first and last column exactly?
i expected buy and sell offers
but it makes no sense then,
or was it the various buy and sell orders along the session?
or better the buy and sell orders enteret post closure..waiting for Monday?
but then really ? no one for the 50c target???
genuinely puzzled

 

[tech/a]

Ok sorry
This is the end of day pre Auction
Left side is buy side right sell
The top left shows the time and stock
Supply is being absorbed.

 

[tech/a]

I’ve been trading the following 4 charts last week
They are perfect examples of what I look for and why I pick them as prospects. I’ll post and explain each chart on a separate post so it’s easier to follow

I’m looking for hints in Supply
For it to slow down, stop , or overwhelm
These are long trades
So we are looking for price to rise

I want to find momentum and ride it
This is AVM

The gap is very clear supply wasn’t present so demand had to go higher to buy and we’re happy to do so .
You can clearly see the sharp and distinct increase in volume
Price then stabilizes where supply remains held with much less volume and a strength that doesn’t see the gap challlenged .

Each time there is a need to satisfy demand price is chased higher
You’ll see the obvious rises in price as buyers have no option but to chase supply

Price rises

 

[tech/a]

SBM

I posted above some serious supply being matched
Price hardly changed indicating its being snapped up followed by lower volume without an influx of Supply
Finally supply floods in and absorbed again with demand having to buy higher making a new high until the current trading halt

Momentum is strong

 

[tech/a]

QOR

Really clear where supply is spectacularly absorbed
Text book volume retreats and price slowly rises
Before pushing through resistance without a lot of volume
Supply is being tightly held
I can see supply appearing at the current price levels but price is still closing on highs so while this may see price matching soon im still
Holding

 

[tech/a]

A1MYou can see the recent gap up
The bar before it confirms strength
The gap was wide Volume very strong
Again volume retreats as the volume control keeps price contained in to Supply range before breaking out again with volume to make new highs price is now maintained with supply being held
I’m expecting a new high until.

 

[tech/a]

I’m not a great one on posting theory’
This is Yesterday

 

[ducati916]

Essentially 'Order Flow' which used to be known as Level 2 reading got destroyed with the algo's coming into the market.

This is what replaced Level 2 reads:





So these are common algo bs.





jog on
duc

 

[ducati916]

This is what I use:






jog on
duc

 

[tech/a]

There are a few technical analysis tools of merit
Market profile Steidlmayer is one of them.

Don’t have software what do you use Duc ?
Maybe a handy inclusion.

I get a pretty decent feel glancing at lower timeframe charts
Throughout a trade.

 

[ducati916]

There are a few technical analysis tools of merit
Market profile Steidlmayer is one of them.

Don’t have software what do you use Duc ?
Maybe a handy inclusion.

I get a pretty decent feel glancing at lower timeframe charts
Throughout a trade.

tech/a,


I use TradingView. Not outrageously expensive. A little complicated to use. Fiddly. The price chart also comes via TradingView, much easier to use quickly.

Can get Australian stocks, well anything actually.







Which on my previous platform I could not get, nor Futures, which I like to trade.



jog on
duc

 

[rolly1]

tech/a,


I use TradingView. Not outrageously expensive. A little complicated to use. Fiddly. The price chart also comes via TradingView, much easier to use quickly.

Can get Australian stocks, well anything actually.

View attachment 210315


View attachment 210316


Which on my previous platform I could not get, nor Futures, which I like to trade.



jog on
duc

“Can get anything” so you can get spi 200 data??

 

[tech/a]

@Rolly
Data for the SPI would be a given

I use IB so can sync data from there to any software.

 

[ducati916]

“Can get anything” so you can get spi 200 data??

Affirmative Mr rolly




jog on
duc

 

[rolly1]

Affirmative Mr rolly

View attachment 210328


jog on
duc

Hmm I wonder why your ticker code is different looking to mine. I have got AP1! but still shows the same data. Can you trade spi through Trading View last time I looked it wasn't posible.