Verbally quoting the Inside Market...for Scalpers mostly | Traders Hideout


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Verbally quoting the Inside Market...for Scalpers mostly

  #6 (permalink)

Pittsburgh
 
Trading Experience: Advanced
Platform: Ninjatrader
Favorite Futures: ES, GE, M6E
 
Posts: 77 since Jan 2018
Thanks: 79 given, 305 received


mmaker View Post
Dump the raw data in the ES for any given minute during the first hour. It moves so fast I bet your eye doesn't see and your brain does not register half the transactions.

In fact i will bet your software which prolly updates your screen every 10th of a second (or longer) doesn't even show all of them to you.

At least half of them are single contracts.

It was different before they allowed whatever rule it was that took the 100 lots and busted them down into smaller lots.

Before this change one could read the tape in a stock like KLAC and watch a big house walk the price up or down.

Not possible to read the naked (unadjusted/unaccumulated) tape in the ES now. Nay nay i say.

Everybody just pretend it's the ZN.

What's the market?

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