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My Thesis on Tape Reading
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My Thesis on Tape Reading

  #21 (permalink)
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Silvester17 View Post
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What DOM is that?

Mike

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  #22 (permalink)
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krazyanyway View Post
... ... I also like the idea of delta (split into segments) to help form an idea of general market bias.

+100 on that one.

I have been chasing my hard-working order flow tool supplier for such a display from the tape stream!

Richard
Hong Kong
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  #23 (permalink)
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Big Mike View Post
What DOM is that?

Mike

it's called 9G. and it's written by @1LotTrader

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  #24 (permalink)
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Silvester17 View Post
it's called 9G. and it's written by @1LotTrader

Is 9G available on futures.io (formerly BMT) ? If Yes, please provide the link(s). On the other hand, if it is not available on futures.io (formerly BMT), could you also please provide the link(s) to 9G ?

Lolu

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  #25 (permalink)
Market Wizard
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lolu View Post
Is 9G available on futures.io (formerly BMT) ? If Yes, please provide the link(s). On the other hand, if it is not available on futures.io (formerly BMT), could you also please provide the link(s) to 9G ?

Lolu

@lolu,

no it's not available here. external link: 9G Community

please keep in mind it's fresh out of beta

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  #26 (permalink)
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Silvester17 View Post
@lolu,

no it's not available here. external link: 9G Community

please keep in mind it's fresh out of beta

Hi guys, since it is a commercial product please use the Vendor Review section of the forum to ask any follow up questions (create a thread there if needed).

Mike

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  #27 (permalink)
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trendisyourfriend View Post
The guy at Rancho DInero did a study about the tape size.

Conclusion: Itís still a big win for the little trade. Small lots at high frequency move the ES. 1 Ė 4 lots dominate the trade. The most frequent big-lot trade could only muster an measly quarter of a percentage of the total trades.

Rancho Dinero | Tick by Tick Volume Analysis ? Parts 1 & 2

Between advanced order entry (icebergs, etc) and the CME's current way of reporting data, that study is nearly useless. If somebody is putting on size, they don't just click into it. In fact, doing that with really large orders can get you into trouble with the law, since you are supposed to trade in a non-disruptive, non-manipulative way.

When there is broad participation, you know it. The pace of orders increases, volume increases, movement increases. There is a higher chance of a directional move when volume steps up materially intraday. It's not rocket science. I used to worry about what X group of traders who REALLY know the markets was doing. Then I started to try to figure "them" out. Then I started blaming "them" if a trade didn't work. All counterproductive.

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  #28 (permalink)
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E-Mini S&P DOM Spoofing picture - NFP 8th Nov 2013

Hello Everybody!


I saw this while reviewing and puzzled.

Date 8th Nov 2013
Time 08:25:38:633 AM
What happened - Price was flipped 3 ticks(.25 increment) levels in ES 5 mins before Cash Open.
Why is its significant- Can someone control 3 levels in E-Mini S&P. Not a single opposite order was present.

Good Luck Trading

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  #29 (permalink)
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FesxEurex View Post
What happened - Price was flipped 3 ticks(.25 increment) levels in ES 5 mins before Cash Open.
Why is its significant- Can someone control 3 levels in E-Mini S&P. Not a single opposite order was present.

Why do you think this denotes "control" of these levels?

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  #30 (permalink)
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Good that you mention it.

As offers were pulled 1000 lots lifted whatever was at offer at 1744.50. See the change in Histogram. So it tells me that Spoofing algos pulled the orders so as to get a fill. Also 1743.25 was cash open on that day and it never went below it.

I find them(spoofers) at the inside bid ask but what amazed me that not one of the competitive spoofing algo was in market at inside offer or 2 levels of it.

Somewhere in this thread ive posted a link from ZH about an audit done on E-Mini S&P data from CME servers that states that how one particular firm have 2 HFTs in E-Mini S&P and you can guess what 2 HFTs can do. Buy Sell to themselves is one way of looking at it.

Their is lot of myth circulating from HFTs about only capturing the bid ask and not being present in volatile market and you should not worry about them but if you watch DOM then you will find these patterns which can tell you the signature of them in market and can gain from it immensely.

This is the proof of them making a ton of money by being the king market maker of product they are trading.

Good Luck Trading

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