NexusFi: Find Your Edge


Home Menu

 





Tape is my shape (tape reading, time and sales)


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one bloom with 463 posts (571 thanks)
    2. looks_two pbylina with 193 posts (70 thanks)
    3. looks_3 Jigsaw Trading with 108 posts (183 thanks)
    4. looks_4 snusnufreak with 96 posts (48 thanks)
      Best Posters
    1. looks_one Jigsaw Trading with 1.7 thanks per post
    2. looks_two bloom with 1.2 thanks per post
    3. looks_3 snusnufreak with 0.5 thanks per post
    4. looks_4 pbylina with 0.4 thanks per post
    1. trending_up 819,503 views
    2. thumb_up 1,142 thanks given
    3. group 265 followers
    1. forum 1,378 posts
    2. attach_file 287 attachments




 
Search this Thread

Tape is my shape (tape reading, time and sales)

  #201 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,393


rocky9281 View Post
You mean there are algos-that can detect if any other algo is currently being executed or not? Please tell us more

This comes in a number of forms.

There are predatory algorithms that try to detect buying/selling patterns. If you want to build a large position in an illiquid stock prior to earnings, then you have algos that will do that and other algos that try to take advantage of them.

Still - the sort of algos we are talking about - the ones that split large orders are a different beast. They used to be pervasive in the market but now are not really required on some markets (Futures, specifically) because the exchange made changes in Oct 2009 that split up large orders anyway. So - as the clever programmers at the exchange do the job, it's not really necessary for algos to do it.

Anyway - spotting a VWAP engine accumulate a position over a number of days is a tough job. On the other hand, the splitting of orders when a buyer or seller wants in NOW. Is a different matter.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
Futures True Range Report
The Elite Circle
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
Battlestations: Show us your trading desks!
26 thanks
The Program
18 thanks
  #202 (permalink)
rocky9281
Kolkata,India
 
Posts: 100 since Feb 2011
Thanks Given: 52
Thanks Received: 40

Today's last trade 3.28 % !!! ..same script...

Today market rising ! But I profited short selling 3 times..3 trades all profit..what the fuck

Total more than 8% for the day on my account.....what the fuck..i m dreaming

Attached Thumbnails
Click image for larger version

Name:	bb.jpg
Views:	441
Size:	228.1 KB
ID:	42539  
Reply With Quote
  #203 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591



rocky9281 View Post
Today's last trade 3.28 % !!! ..same script...

Today market rising ! But I profited short selling 3 times..3 trades all profit..what the fuck

Total more than 8% for the day on my account.....what the fuck..i m dreaming

he he he hei see you enjoy this. Realy glad for you. Hope our thread helps you to reach such results

Reply With Quote
Thanked by:
  #204 (permalink)
 pbylina 
Chicago, IL
 
Experience: None
Platform: NinjaTrader
Trading: Euro
Posts: 212 since Nov 2010
Thanks Given: 158
Thanks Received: 72


rocky9281 View Post
Today's last trade 3.28 % !!! ..same script...

Today market rising ! But I profited short selling 3 times..3 trades all profit..what the fuck

Total more than 8% for the day on my account.....what the fuck..i m dreaming

Good job!

Reply With Quote
Thanked by:
  #205 (permalink)
rocky9281
Kolkata,India
 
Posts: 100 since Feb 2011
Thanks Given: 52
Thanks Received: 40


bloom View Post
Are they were with the tape?

TAPE TAPE ONLY TAPEEEEEEEEEEE!!!

I have found a pattern in this stock, and I am making money with this pattern for last 2 weeks.

I am not sure what it is, but I think I have spotted some algorithm going on here in this stock. Here is how it happens..during the trading hours, you can see some trades with SAME size repeating very frequently, and on the same side(either bid or ask).

Like this

1190 303 (size=303 on bid)
.................
.................
.................
1190 303 (size repeat on bid)
.................
1191 303 (size repeat on bid)
.................
.................
1189.5 303 (size repeat on bid)

In a filtered T&S that shows only trades of size 100 and above, you will find this 303 coming at interval of every 5/6 other trades. This indicates that some one is selling lots of 303 stocks repeatedly. Another thing, as long as this continues, price remains within a trading range, just like distribution in longer time frame charts appear.

[COLOR=Black][U]DionysusToast ..Please tell me the name of the algorithm that is being executed here.(trades being executed with same size and same side).[/U]
[/COLOR]

Reply With Quote
Thanked by:
  #206 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591


rocky9281 View Post
TAPE TAPE ONLY TAPEEEEEEEEEEE!!!

I have found a pattern in this stock, and I am making money with this pattern for last 2 weeks.

I am not sure what it is, but I think I have spotted some algorithm going on here in this stock. Here is how it happens..during the trading hours, you can see some trades with SAME size repeating very frequently, and on the same side(either bid or ask).

Like this

1190 303 (size=303 on bid)
.................
.................
.................
1190 303 (size repeat on bid)
.................
1191 303 (size repeat on bid)
.................
.................
1189.5 303 (size repeat on bid)

In a filtered T&S that shows only trades of size 100 and above, you will find this 303 coming at interval of every 5/6 other trades. This indicates that some one is selling lots of 303 stocks repeatedly. Another thing, as long as this continues, price remains within a trading range, just like distribution in longer time frame charts appear.

[COLOR=Black][U]DionysusToast ..Please tell me the name of the algorithm that is being executed here.(trades being executed with same size and same side).[/U]
[/COLOR]

It is a trader who collect large position and selling it to the BID of client making a large position to him))) and BIG comission to broker. Big comission, current price. That is why market always go to the large orders.
Or trader may also go to short in the bid of client and cover his short by spreading on the other market. Good job man.
Also it is called "Repeating buyer" remember this pattern))
There also exist "Repeating seller"

Reply With Quote
Thanked by:
  #207 (permalink)
 
Serninja's Avatar
 Serninja 
Germany
 
Experience: Intermediate
Platform: NinjaTrader
Posts: 55 since Mar 2010
Thanks Given: 87
Thanks Received: 31


DionysusToast View Post
I hate to be the bearer of bad news BUT... Since 2009, large prints are no longer relevant on the T&S of any CME market.

DionysusToast,

from my understanding and information only CBOT Equity futures, and CME Equity futures are affected and not 'any CME market'

Since the CME released these changes quite technical and in my opinion much less than transparent for what they've really done, it would be much appreciated if you or someone else could shed some light upon this if I am mistaken.

Particularly because the Equitiy futures aren't the only instruments to trade at the CME respectively the CBOT.

Regards,
Serninja

Reply With Quote
  #208 (permalink)
 
Jigsaw Trading's Avatar
 Jigsaw Trading  Jigsaw Trading is an official Site Sponsor
 
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,393


Serninja View Post
DionysusToast,

from my understanding and information only CBOT Equity futures, and CME Equity futures are affected and not 'any CME market'

Since the CME released these changes quite technical and in my opinion much less than transparent for what they've really done, it would be much appreciated if you or someone else could shed some light upon this if I am mistaken.

Particularly because the Equitiy futures aren't the only instruments to trade at the CME respectively the CBOT.

Regards,
Serninja

No - it's all CME markets. At the risk of getting shot down in flames for linking to a vendor video - this guy did actually contact the CME to ask what changed.

First the video : Is It Bots Or The Exchange Engine - PriceActionRoom's library

Then some charts:

First - this is a chart of the NQ at the cutover point. Volume is set to number of ticks.


We can see how the number of ticks rose significantly.

Now - here's the same chart with volume set to number of contracts.


You can do this yourself if your platform goes back that far AND gives you a tick volume bar.

Cheers

Pete

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #209 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591

Long at the opening market SL 2 ticks TP 4 ticks
Come get some

Previous LOW of the day. Tests shows big buyer at the limit side. I have wait until agression of the sellers fade away and enter long with limit bid order 1330 75.
I place my mind stop behind BIG limit orders (2 ticks) in the case of fail and wait for my profit target. Highest score. Very good trade scalp

Reply With Quote
Thanked by:
  #210 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591


Guys i realy want to say a BIG thanks to DionysusToast. Thanks for your cooperation and help))) You tools are awesome and thanks for your support)))
An once again thanks to all of you who are reading this thread

Reply With Quote
Thanked by:




Last Updated on November 11, 2020


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts