03-11-2010, 12:59 PM
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Join Date: Jan 2010 Location: southpole Thanks: 31
Thanked 108 Times in 76 Posts
| Inventory Imbalance Hello All,
Firstly, I'd just like to say as my first post, what a great resource of Market Profile information this forum is. Thanks to everyone who has contributed, esp Frank. I've been lurking for a while....
Reading Dalton, he often talks about inventory imbalance, and how key it is to anticipate possible trades. Understanding the various time frames inventory/position is simple enough, but how does a trader identify an imbalance (logical trade idea), and prepare for a potential inventory correction before it happens (timing)?
I thought of the commitment of traders reports, but that data is only released once a week, and is too 'old'. I don't think average TA levels will suffice such as support/resistance - as I see those as trade signals, not really a need to rebalance inventory; such as that required when the margin clerk walks up to your desk and taps you on the shoulder!
Thanks for any insights.... |
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