Here is the deal. Today you look tape at this prices. You record a video or taking notes there, and then write a post on this topic with your observations on euro.
1) big prints
2) dynamics
3) limit orders on ask and on bid and size of them
4) result
this is 4 moments of your observations))) that will be very interesting)))

It is nice to know what limit order pulling looks like.

I am wondering bloom. Did you start as a scalper? How much did you go for at first 2 ticks or something?

Yes i were scalper. I did scalp on Russian Index Futures and if compare to ES i have a profit in 2-3 ticks. I have 90% of trades with profit. It was a system on corellation with ES e mini.
This is my result for 2 months in competitions there were 3000 members. As you see i was 43 and did 150 % for 2 months. But this is Bad result as i were doing 10-15% per a day.
Attachment 42506 it was 2009
There was 20 of us and 18 traders have trade profitable))) we have made 20% of all market volume per a day on futures. But things changed and my friends who had 300000 and 100000 dollars go to the zero))) They made such big moneys from 600$. I know it sounds crazy but it is absolutely true. But in the beginng)))) ooooooh

We are jumped in a gaps on opening,jumped in a news right in the moment of publication and then in continuation of news storming market we are did scalp. We have doing such crazy things that you may think that they may kill you,but we are were not afraid. imagine you are jumping right in the moment of publication jobless clames or year GDP. Oh man this were such wonderfull)))
We could start a day with 10 % lose on opening gap and ending a day with 15 % profit and we are do not care that this is was suicide. we just do what we do. One day my friends and i loose 25% on opening gap. they go to the bar and had some TRALALA))) but i stay and fight all day. I stoped with 2 % profit and just imagine my thoughts i think "Hey. This is fucking little profit. Iv could made 26% if not this fucking GAP"))) AHAHAHAhAHA little boy with BIG EGO))))
One day in may 16 of 2010 i did 60% to my account. I am sell all the day all of the retricements. My hands were shaking, i was sick then i see how S&P500 mini go down BOOM BOOM BOOM. It is a crazy feelings i will never forget))) I started with 13000and in the end of the day there was 20000. Just imagine ))) I think "Oh my god i am doing profit that i never ever had and i am sick than i see this crash BOOM BOOM, i do not feel my legs. And if i feel so bad, then what are must feeling guys who are loosing?" You will understand me then you will see this and if you will be short)))
When my friends start to loose i figured out tnat i will be next and i did not want this. I can not let market beat me. I took all of the money and left some small account. then i started to slowly go down. I am very desciplined and if i lose 2-3% i had stoped a day. When another day brings lose again and again. I start to seek. And i found tape.

Slowly i began to restore my functionalyty and still i am restoring it. But i know i am already BEAT THIS FUCK...NG MARKET)))
And new chapter of my trading career is begin)))

I have seen this also but didn't know how it could be happening. They selling heavily(printing at BID), the BID is not even that big, but yet the BID remains the same size! I will need to read about algorithmic trading.

Wow, this is truly inspiring. Make me want to work harder You smart for taking the money out of Russian market. Brokers could of took your friends money cause they were good. Maybe next was gonna be you.

Have you tried trading less popular/liquid/smaller markets? I heard it is easier to "read"...Maybe I see if this true next week...

That doesn't look like a Time & Sales to me - what product is it from? The rest looks like IB...

i do not know what does it mean that buyers dissapear))) probably there is no more big limits on the BID
you see here agression of the seller. This is breakdown of the support level.
Attachment 42501

I have seen this also but didn't know how it could be happening. They selling heavily(printing at BID), the BID is not even that big, but yet the BID remains the same size! I will need to read about algorithmic trading.

good BIG juicy print that let you know 100% here big guy.

4. I have found some common algos here: Barclays Capital: BARX: Futures
I will study them one by one, hope you join with me and together we will discuss as we progress.

BIG juicy prints are becoming very infrequent as time is passing. Maybe after 5 yrs from now, there will be no big print at all, pros use algo to break large orders

That's OK - other algos can put them back together!

There is actually a book that came out last year and it is highly rated on amazon.: Amazon.com: Algorithmic Trading and DMA: An introduction to direct access trading strategies (9780956399205): Barry Johnson: Books

I haven't read it...

You mean there are algos-that can detect if any other algo is currently being executed or not? Please tell us more



Yes, I have heard about this book too, but I want to try some free internet stuff before buying a book
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I am very excited today, made about 5% on my capital in 2 trades..see attachment