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For intraday Trading lead - lag behavior would be important. In fact, “lead-lag” is a fairly common HF Algo strategy. These correlated strategies can hold up for days, weeks, months... as I recall the Eurodollar - Yen correlation held up for a few years in 90’s. I’m not suggesting that...

I would be concentrating on the top ranked correlations to your trading product of choice - both positive and negative. That would be a hellavu lot more productive than volume that’s for sure. I can’t recall ever giving a shit about volume when I scalped Treasury Bonds in the pit - but I sure...

I would be concentrating on the top ranked correlations to your trading product of choice - both positive and negative. That would be a hellavu lot more productive than volume that’s for sure. I can’t recall ever giving a shit about volume when I scalped Treasury Bonds in the pit - but I sure...

I would be concentrating on the top ranked correlations to NQ - both positive and negative. That would be a hellavu lot more productive than volume that’s for sure. I can’t recall ever giving a shit about volume when I scalped Treasury Bonds in the pit - but I sure as hell was looking at the...

He tried to mix up his guest trading styles - but NO, I don’t think it’s fair to say that the majority of his guests traded very short timeframes.

1. Bigger traders and Commercials iceberg orders all the time. They don’t show everything at once. 2. Instead of trying to divine the impossible out of volume - might I suggest you explore what actually drives order flow in NQ?

Steidelmeyer used tic volume for Market Profile. But the secret to MP had more to do with time than volume IMO.

One of the best pit scalpers I ever saw didn’t finish high school (TMI), 30 Yr. Bond Pit. One might also opine that a “smart” assessment of daytrading might conclude that a more selective swing trading strategy could achieve a better outcome for an independent trader in a world of expensive ECN...

Fascinating to see all of these low post count Members suddenly emerge out of the forest the past week or so. They’re like sleeper cells.

There are some massive yield curve spread trades being put on - that tends to suppress flat price directional trade movement in the STIRS through 10’s. It’s huge size, it’s relentless at the moment. For example, if you see ES tanking and there’s 1200 offered on ZN, the offer starts to trade...

Judging by the greatly diminished number of equity and futures proprietary trading firms there are today as compared to say, ten years ago that should say something about the efficacy of daytrading

Equity prop firms are substantially different than futures prop firms. I currently have client referral relationships with a few very prominent Chicago and NYC futures prop firms. One of those firms feeds certain traders to a prominent Tier 1 HF (several billion aum) to PM $100M. These...

If perhaps a Member was privately solicited by Xela or these other "nom de guerres" maybe it would help if they could share that with Baron. But otherwise, the entire DSM-IV catalog of mental health disorders could take up another 500 posts.

I took Pete Steidelmeyer’s courses in the 1990’s, and I respect Market Profile. What made MP work was incorporation of the TIME element in terms of assessing the quality of volume at price. For example, if a market spent little TIME building traded volume at a specific price - it meant that...

I wanted to put forth the opinion that futures volume at price is wildly over-rated as a technical indicator. There are two reasons for my thesis: 1. Somebody took the other side of the trade, and most importantly 2. regulated futures exchange volume at price is usually a very incomplete...

The reason I don't place much stock in exchange futures VAP personally is because it is a very incomplete picture. How many CL scalpers would shit their pants if they had a WebICE CL Swaps feed and could see the 2K, even 5K blocks that get traded within a cent or two of the last price print ...

Yeah, what we have here is a nomenclature disconnect about what “scalping” is.

Here's a better idea. Get ahold of Advantage Futures or RJ O'Brien or Rosenthal Collins Group in Chicago or New York City. Ask one of their account reps if you can go to their office and watch the 6E, ES, CL, ZN markets on an X-Trader DOM window between 9 am to 10 am Eastern US time. It...

You're feeling resistance in this thread for good reason. There have been two paradigm shifts that have made electronic scalping manually very difficult. To literally "scalp" electronic markets these days manually, that is using a mouse and a DOM order window, is crazy hard. Not impossible...

Great point and you are absolutely correct for orders entered as spread buys matched to orders entered as spread sell orders. That's just a straight up matching deal like flat price. I was simply referring to the exchange algorithm matching circumstances where an exchange fills, let's say for...