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

  #61 (permalink)
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josh View Post
Thanks for the video pbylina.

I'm no expert on this, but this is just euro futures, which I assume is simply mirrored and arb'd alongside the global interbank spot forex system. I don't think that even volume represents a true picture in this market, as there is $1.5 trillion moved per day in spot transactions alone. Do you think a large or small order on the Chicago Mercantile Exchange is any reflection or has any effect on the global interbank market?

I would think the discussion at hand would apply for an instrument that is only traded on a centralized exchange, such as the CME futures.

I do not know what to tell you to that. Supply and demand move all traded instruments. Transactions on the tape is the reality of the market, it is already imprinted trade. This is true of the market, and you can see in through it, as supply and demand is moving. What causes surges in demand and supply is another issue.

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  #62 (permalink)
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Down

Ready? Who is going with me to bring down bulls?

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  #63 (permalink)
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Good stuff Bloom!

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  #64 (permalink)
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bloom View Post
Ready? Who is going with me to bring down bulls?

I am ready. Lets do it!

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  #65 (permalink)
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Futures Edge on FIO

What value do you place on the webinars on FIO?

 

bloom View Post
Basically you look speed of prints. To enter, you want the tape moved slowly. If goes fast, you will need to wait.

Thats what happened at this top(1.4365).

bloom View Post
Be sure to see the time that prints have not been compressed into a bunch of time or at one time.

You mean this? In the picture, in the Tape all the way to the right, you can see that at 1.4249 there was 131 trades the first time and the second time at was 105. We know that these are 1 lots or trades less that 10 because on the middle tape it doesnt print any big trades. Could a pro split his big 100 lot into 100 - 1 lots?

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Tape is my shape (tape reading, time and sales)-black-white.jpg  
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  #66 (permalink)
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pbylina View Post
Thats what happened at this top(1.4365).

You mean this? In the picture, in the Tape all the way to the right, you can see that at 1.4249 there was 131 trades the first time and the second time at was 105. We know that these are 1 lots or trades less that 10 because on the middle tape it doesnt print any big trades. Could a pro split his big 100 lot into 100 - 1 lots?

More interesting to see what prints were at the top of 1.4365. Then some prints were on the back test at the same price. I watched your tape on the picture. There's nothing.
Divided warrant that you have shown, simply indicate that a man entered the market order 100 compared to 100 traders with 1 contract, which stood at the limit.
In this situation it is necessary to wait for test 1.4325 in order to measure the strength of the seller. And then to draw conclusions. Look at how big the order is filled. The quality of the parsing order.

Still, you should look to the price of 1.4332. There's something wise or may be wise. We must look at the dynamics. Bettr take short videos. Good luck

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  #67 (permalink)
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pbylina View Post
Thats what happened at this top(1.4365).

You mean this? In the picture, in the Tape all the way to the right, you can see that at 1.4249 there was 131 trades the first time and the second time at was 105. We know that these are 1 lots or trades less that 10 because on the middle tape it doesnt print any big trades. Could a pro split his big 100 lot into 100 - 1 lots?

Possibly but probably not.

What you describe is the activity of bots. They used to do exactly what you say - allow a trader to put in a larger order, which would then be split up into multiple small orders of different sizes. The different sizes was important as it stopped predatory algos spotting a pattern in the buying.

The thing is - this is sort of defunct now because of the way ticks are reported. It used to be that a 100 lot market order would be reported as a 100 lot print. Now, we'll see 1 print for each limit order the 100 lot market order is filled against.

So, thanks to these changes, large traders don't really need to employ bots to split their trades. although it's possible that they still do to fool the predatory algos.

For the I/RT 'similar prints' - I would not read too much into that unless you are watching it in real time and you see the prints all come in at once. If there's seconds between the blocks of trades, you should not presume that this number represents a large trader.

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  #68 (permalink)
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Here is a good example. But the prints that you see is only the beginning. What is important is how the market reacts to them. Imbalance of supply and demand makes the price move, and there is an imbalance of new information, which entered the market.
These prints, this new information. "Hey, here came the big boys. Look here the seller and buyer. "
And then the market will react, will be your chance to make a dough. You should know by heart, then the market is now responding. You should be able to see it.
Test height or bottom of the day, also the information. That is how the test provides information about the market power of the seller or buyer, or their intentions. Depending on this information, the market reacts differently. Sometimes the absence of the seller on the bottom will be an occasion for Long, sometimes the reason for sales to pull off the loss and sit lower in the Long. You need to understand what the reaction to you.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

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  #69 (permalink)
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bloom View Post
More interesting to see what prints were at the top of 1.4365. Then some prints were on the back test at the same price.

Ah Im starting to get you.

Quoting 
Divided warrant that you have shown, simply indicate that a man entered the market order 100 compared to 100 traders with 1 contract, which stood at the limit.

How do you know it was a 100 lot market order? Yes I think there was no big limit when it happened. Maybe was even 1 or 2 at bid.

Quoting 
In this situation it is necessary to wait for test 1.4325 in order to measure the strength of the seller. And then to draw conclusions. Look at how big the order is filled. The quality of the parsing order.

Ok. Im starting to see the importance of Tests now. Thanks.

Quoting 
We must look at the dynamics. Bettr take short videos. Good luck

Ok. Next time short video. Pictures arent the best.

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  #70 (permalink)
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If we see huge markup some day, is it likely that if we study the time and sales data of previous days,we will see accumulation ?

Here I give 2 examples:

1. This is a daily chart(welspun.jpg-1st attachment). Looking at the last 2 rally bars, is it likely that the circled bars that come before the rally bars will show evidences of accumulation, if we study the time and sales of the circled bars?

2. This is an intra day chart(rel.bmp-2nd attachment). Looking at the rally at the right side of the chart, is it likely that the circled bars that come before the rally will show evidences of accumulation, if we study the intra day time and sales data?

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Tape is my shape (tape reading, time and sales)-welspun.jpg   Tape is my shape (tape reading, time and sales)-rel.bmp  
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