[JMC]

Originally Posted by UrmaBlume »

Prices do not support, provide resistance or propel price. Buying and selling, the order flow, the balance of trade provides support, resistance and the motivation to price.

Price is no more, no less and is exactly the response to buying and selling, i.e., order flow.

10-4. Thanks UrmaBlue. Sorry to offer any constructive answers. Sorry to interfere as I'm sure you and your "team" are pulling millions out of the market everyday. Keep it up Chief. Good luck.

[barostni]

How do you do that? What time frames, what charts, ? Im a novice,can you explain it to me ? Thank You. Happy Holidays.

[UrmaBlume]

Originally Posted by barostni »

How do you do that? What time frames, what charts, ? Im a novice,can you explain it to me ? Thank You. Happy Holidays.

The chart is a volume bar chart of ES with 8000 contract bars. The top chart contains standard tradestation Pivots, dots of smoothed price and some special reference dots. The subgraph displays a histogram of a moving window of the balance of trade.The platform is tradestation.

UrmaBlume

[UrmaBlume]

Here is a chart from this morning's trade in ES.

Divergences between price and the buying and selling forces that propels price can often indicate change.

In the middle of the chart below you can see that as price (top window) makes a Lower Low, both the indicator of net trade and the indicator of the moving window of the balance of trade made Higher Lows which is referenced as a Double Positive Divergence.

Please click to enlarge image

UrmaBlume