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)
@bloom , Hi yesterday i watch a stock in T&S it prints fast & more than what it shows in Bid and ask at all levels all they way up and down movements tape is too fast in levels . in that time how we react ????
[IMG][/IMG]
pls see marketdepth and T&S . i know in some places bigplayers hide their orders and fill more than what they show in marketdepth . But this stock prints all up and all down moves like this . so im confused
Watch how market reacts and act based on its reaction
[IMG][/IMG]
Because you think and suppose that order flow works the way you assume it works. But it works not that way. Your confusion tells you to stop act like a proud amature and start to get in touch with reality
Uuuuuuuuumh. If you know what is normal and how everything works then why you keep asking a questions? Maybe because you do not know what is normal and what is not?
Normal does not exist. Exist what exist here and now. It is defferent from what was before as this is natural thing. Everything flow and changing. Normal is a illusion.
@bloom , hi Today in crudeoil in area 4840- 4835 Big bids filled quickly as soon as it appears and goes to lower bid and fills .
[IMG][/IMG]
[IMG][/IMG]
[IMG][/IMG]
[IMG][/IMG]
And it retrace from market low 4834 to 4845 area in that move big offer appear at 4840 , 4841 , 4842 but this offer filled slowly compare to bids filled ( but both bid and offer filled time tape moves quickly )
[IMG][/IMG]
So i thought market goes to down . i shorted @ 4840 after it takes some bid @ 4841
Then tape slows@4840 area , and then moves above 4845 this time transaction is high above 4845 so i exit .
So . 4840 to 4837 area limit bid are big buy orders . but it takes quickly so i thought it is seller strength . but buyers absorb all sell orders and moves market upside
VERY GOOD
This is the way of trading and learning.
Making a trades and than reacting according the situation. GREAT!!!!
I suppose that after Oil fail lower as it should have done after 4850 test. If it is not than think why this happened
You made VERY GOOD TRADE - Congratulations
I read some where , At the time of sellers or buyers covering their position they dont want spread so they cover at some constant prices .
So the last crude oil post posted by me before 2 days . in this lot of big orders hit bids @4840 to 4835 area for that volume price moves lot but it goes one price to other price slowly . This is short covering as well as buyers took new position ????
@912 some sellers hit the bid then market pullback to 917 from there it again goes to 913 to 912 area . @913 to 912 area lot of sellers hit the bid but price not movedown further so price moves to 915 with less transaction and again goes to 912 this time also sellers hit the bid but no movement , so sellers think something went wrong against them , this time in the move up lot of buyers hit the offer and move the price above .
