Hi Fred, throughout your video's you speak of "a high number, a high number, and a low number in-between" however I can't quite make out the stats in the videos. I'm assuming you are speaking of Min, Max, and final delta, correct? I also use a 10k chart and when I get finish delta of 0-5, plus or minus, I consider it fair value or an equilibrium point in the market. What would you say your criteria is for a small number? Thanks.
Yes, an ideal number is -5 to 0 or 0 to 5. Yes its the relationship of min/max and net delta. “Large” means the total max or total min delta is near to the net delta and it is approximately 10-20% of the total volume of the bar. I just use the phrase “large and balanced with little in the middle” to make it easier to rapidly communicate. From a business standpoint, it means that the large trader (a Market Maker) has absorbed all the available liquidity at a level and it forms a concentration of volume that becomes fair-price. It is important to find this anchor point so you can draw liquidity projection lines off of the anchor point I learned that technique from Michael Valtos (another institutional trader that has a lot of resources online)
@@FredandChase Hi Fred, I am familiar with the work of Michael Valtos, thanks. Also, I get the "little in the middle" now. Appreciate the clarification.
The market is in a sell condition today. Do not be deceived by price. The Traps on the high side are much more powerful than the ones on the bottom
Hi Fred, throughout your video's you speak of "a high number, a high number, and a low number in-between" however I can't quite make out the stats in the videos. I'm assuming you are speaking of Min, Max, and final delta, correct? I also use a 10k chart and when I get finish delta of 0-5, plus or minus, I consider it fair value or an equilibrium point in the market. What would you say your criteria is for a small number? Thanks.
Yes, an ideal number is -5 to 0 or 0 to 5. Yes its the relationship of min/max and net delta. “Large” means the total max or total min delta is near to the net delta and it is approximately 10-20% of the total volume of the bar.
I just use the phrase “large and balanced with little in the middle” to make it easier to rapidly communicate.
From a business standpoint, it means that the large trader (a Market Maker) has absorbed all the available liquidity at a level and it forms a concentration of volume that becomes fair-price. It is important to find this anchor point so you can draw liquidity projection lines off of the anchor point
I learned that technique from Michael Valtos (another institutional trader that has a lot of resources online)
@ForJL reference is Michael Valtos’ video here: ruclips.net/video/hhvs7cYd5SM/видео.htmlsi=KAubYY1aMR2Q7YlZ
@@FredandChase Hi Fred, I am familiar with the work of Michael Valtos, thanks. Also, I get the "little in the middle" now. Appreciate the clarification.