How many contracts moves the market - Traders Hideout | futures io social day trading
futures io futures trading


How many contracts moves the market
Updated: Views / Replies:1,201 / 3
Created: by TrendTraderBH Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

How many contracts moves the market

  #1 (permalink)
Elite Member
Detroit, Michigan
 
Futures Experience: Beginner
Platform: Ninja Trader
Favorite Futures: Futures
 
Posts: 295 since Nov 2011
Thanks: 302 given, 280 received

How many contracts moves the market

How many contracts in CL, TF, and 6E during normal trading times can move the market?

While trading I see bid and ask range from 1 to 25 contracts at any moment.

Does this mean that 1 or 2 contracts will not move the market but ten might?

Interested to hear others perspective on this (particular those managing other peoples money who are trying to avoid moving the markets with large orders).

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Calgary, Alberta
 
Futures Experience: Intermediate
Platform: NinjaTrader 8
Broker/Data: Kinetick
Favorite Futures: ES
 
JonnyBoy's Avatar
 
Posts: 938 since Apr 2012
Thanks: 378 given, 1,837 received



TrendTraderBH View Post
How many contracts in CL, TF, and 6E during normal trading times can move the market?

According to Al Brooks (from the book Price Action - Trends) he put forward that 200 contracts will likely move the ES 1 tick. As for CL, TF and 6E it would be interesting to see if anybody has similar insight.

--------------------------------------------------------
- Trade what you see. Invest in what you believe -
--------------------------------------------------------
Reply With Quote
 
  #4 (permalink)
Man wearing a tuque
Calgary, Canada
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: IB, IQFeed
Favorite Futures: GC
 
Lampert's Avatar
 
Posts: 76 since Nov 2011
Thanks: 73 given, 131 received


TrendTraderBH View Post
How many contracts in CL, TF, and 6E during normal trading times can move the market?

While trading I see bid and ask range from 1 to 25 contracts at any moment.

Does this mean that 1 or 2 contracts will not move the market but ten might?

Interested to hear others perspective on this (particular those managing other peoples money who are trying to avoid moving the markets with large orders).

TrendTraderBH - You could get a rough idea by looking at the data. The following chart for CL shows that (on average) 150 contracts within 5 seconds should move the price by about 0.05 $/Bbl or 5 ticks. But there is significant variability in the data.

Len

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 4 users say Thank You to Lampert for this post:

Reply



futures io > > > How many contracts moves the market

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Fed Chief Still Moves Markets, But Not the Way He Planned Quick Summary News and Current Events 0 October 3rd, 2011 06:00 PM
Look Ahead: Fed Meets as Market Fights Its Moves Quick Summary News and Current Events 0 December 13th, 2010 10:30 PM
Fed's Moves Cause Ripples, Further Dollar Drubbing Likely Quick Summary News and Current Events 0 September 22nd, 2010 12:30 AM
Thursday: Forex Moves to Dominate Market Chatter Quick Summary News and Current Events 0 September 16th, 2010 05:00 AM
My NT keeps freezing whenever market has big moves alex123 NinjaTrader 11 October 4th, 2009 12:26 PM


All times are GMT -4. The time now is 03:12 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-14 in 0.08 seconds with 20 queries on phoenix via your IP 54.145.16.43