ES Journal Archive (2009 - 2010)

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Quote from saliva:

I've always been curious as to how you can tell it's the algo and not the Dick or Jane next door.
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Bots are funny animal and they are structured to buy and sell actively. i.e. market making bots

So they can be spotted easily if you disect the book and trades tick by tick ... to reverse engineer the possible intent.

Sometimes, they got caught holding positions too big for them and will have to puke them out before the day is over.
 
So far (at least on the NQ), they're pulling the same pattern they did to print new highs: on the 15-min, 2 green bars, consolidate inside the upper one, 2 green bars, consolidate, rinse, repeat.

Edit: NQ 15-min since 10:30 this morning.

We'd need a break below the 900 on the ES to get the ball rolling, but something tells me that life isn't that easy...
 
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