Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
TRACK BIG FISH - Plot Preset Minimum T&S Block Size as Dot/Arrow on Price Pane
I agree, ideally we need a way to track both. Therefore, when stalking an entry signal at a potential area I'm watching both the unfiltered delta candles and the 209+ block trades as they appear on the tape. That said, there is an implicit dimension that come with selecting a good trade. It's all in context. Yes, this could be just an exit order as some have mentioned. I think for the most part, my hopes are simply to add a more graphic interpretation to the process and the folks that created "bookmap" apparently have taken the time to do that.
Can you help answer these questions from other members on NexusFi?
i cannot take any tool for what it shows. however a decision of entry/exit gets corroborated with the tool.
I was not at open today. But the open yesterday was a sure sign of how limits got refreshed....and price trickled lower..it was a 10pt move approx...based on how limits were acting with absorption. the open is when the force is the most with MO's coming in and if a Limit before pre open stays strong at open....price has to move.
i think there are many good tools....and wish you find what you looking for and best wishes.
I've made a post in another thread that compares CD events for small/big players, turns out watching them separately seems to uncover events that we would have missed when looking at all block sizes thrown together. Figured it'd fit better there than here:
Only recently got into CD, decided to split big and small blocks into two charts to see what would happen. The results are.. interesting, but I don't know how to interpret them, what do you guys think?
The thing about big size - and trading in general nowadays is this.
On one hand, everyone wants you to think that all trading is short term HFT algos and on the other hand they tell you stuff like "follow the size".
So the conundrum is - which is it? 'Cause if it's all short term HFT trading, you aren't going to get a 10 point trade by following a single large trade.
My rule of thumb, for various reasons - the larger the trade, the shorter term it'll be....
If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
