Re: [chart-ex] Re: Chart-Ex / New Volume Momentum

[fjd...@cox.net]

Lisa,

I find this very interesting. Will you consider doing it for the NQ also?

Thanks
--
Floyd

---- Silversea <silverse...@yahoo.com> wrote:
> Following on the same idea of what MarketVolume.com is doing for the Indeces. Is it really possible to differinciate and separate the Selling Vol. from the Buying Vol.? or is it a graphical VISUAL trick the have invented? do the exchanges really provide that king of information?
>
>
>
> Lisa Erdmier <li...@chart-ex.com> wrote:
> Good Trading Day;
>
> Volume Momentum
>
> I am working on a new tool that I feel will be helpful to traders. It is called Volume Momentum. During the first stage I will be e-mailing people on my mailing list the volume momentum numbers,from highest to lowest, for the CBOT contracts I carry.
>
> What Volume Momentum is: The day's pivot number subtracted from the last trading day's highest volume number (POC).
> If the difference is positive, it shows that the last trading day's high volume number (POC) is above the pivot number for today's trading day.
> If the difference is negative, it shows that the last trading day's high volume number(POC) is below the pivot number for today's trading day.
> Traders will be able to gauge where the last day's trading volume was in relation to where the day's market pivot number comes in.
>
> During the next stage, I will display this information graphically. Please give me your feed back.
>
> Volume Momentum numbers for Tuesday's trading day;
>
> Contract VM
>
> Soybeans 2 1/4 Soybean Meal 0.30 Soybean Oil 0.03 Corn -2 1/2 Wheat -3 1/4 10Yr. Note 0.0 30 Yr. Bond 0.0 mini-sized Dow -3.0 Gold 0.10
> Go to www.chart-ex.com to view the charts!!!
>
>
> --
> Lisa Erdmier
> President, Chart-Ex LLC
> in...@chart-Ex.com
> 847-784-9252
>
>
>
>
>
> ---------------------------------
> Get the Yahoo! toolbar and be alerted to new email wherever you're surfing.
> >

[Lisa Erdmier]

Hello Floyd,

 

I could  do it for NQ, but it would later. I don't get the CME end of the day data until 11:00p.m.CST.

Let me work on this.

In the meantime do you want me to continue in sending the Volume momentum numbers?

If so, I am currently subtracting the POC from the Pivot, but I am thinking that it would be better to subtract the Pivot from the POC, to show traders if the Pivot Point is above or below the POC.

 

i.e for the mini-sized Dow the VM would be +61 = 13596(Pivot) - 13535(POC) which shows that there is volume support under the pivot number.

 

What are your thoughts?

 

 

On 5/28/07, fjd...@cox.net <fjd...@cox.net> wrote:

Lisa,

I find this very interesting.  Will you consider doing it for the NQ also?

Thanks
--
Floyd

---- Silversea <silverse...@yahoo.com> wrote:
> Following on the same idea of what MarketVolume.com is doing for the Indeces. Is it really possible to differinciate and separate the Selling Vol. from the Buying Vol.? or is it a graphical VISUAL  trick the have invented? do the exchanges really provide that king of information?
>
>
>
> Lisa Erdmier <li...@chart-ex.com> wrote:
>     Good Trading Day;
>
>   Volume Momentum
>
>   I am working on a new tool that I feel will be helpful to traders. It is called Volume Momentum. During the first stage I will be e-mailing people on my mailing list the volume momentum numbers,from highest to lowest, for the CBOT contracts I carry.
>
>   What Volume Momentum is: The day's pivot number subtracted from the last trading day's highest volume number (POC).
>   If the difference is positive, it shows that the last trading day's high volume number (POC) is above the pivot number for today's trading day.
>   If the difference is negative, it shows that the last trading day's high volume number(POC) is below the pivot number for today's trading day.
>   Traders will be able to gauge where the last day's trading volume was in relation to where the day's market pivot number comes in.
>
>   During the next stage, I will display this information graphically. Please give me your feed back.
>
>   Volume Momentum numbers for Tuesday's trading day;
>
>                 Contract             VM
>

>     Soybeans           2 1/4    Soybean Meal     0.30       Soybean Oil        0.03    Corn                   -2 1/2    Wheat                -3 1/4    10Yr. Note           0.0    30 Yr. Bond         0.0    mini-sized Dow    - 3.0      Gold                   0.10

>   Go to www.chart-ex.com to view the charts!!!
>
>
> --
> Lisa Erdmier
> President, Chart-Ex LLC
> in...@chart-Ex.com
> 847-784-9252
>
>
>
>
>
> ---------------------------------
> Get the Yahoo! toolbar and be alerted to new email wherever you're surfing.
> >

in...@chart-Ex.com
847-784-9252