Market If Touch
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Market If Touch
During the past week, a new pattern emerged.
The first spike lows formed after 10 am were guarded with MIT to force short covering, across all underlyings.
Thanks, should've figured it out.
Are you seeing this on the sell side or buy? Some comments made here about large selling/buying volume I don't see on my tape and I do go back and look for it, at the time it's mentioned. Could it be that not all buys/sells are showing up on my tape? I'm using Xtrader if that matters.
thanks again.
I try to use volume to confirm my entries but if I'm not seeing all the orders, my 'confirmation' is useless.
Are you seeing this on the sell side or buy? Some comments made here about large selling/buying volume I don't see on my tape and I do go back and look for it, at the time it's mentioned. Could it be that not all buys/sells are showing up on my tape? I'm using Xtrader if that matters.
thanks again.
I try to use volume to confirm my entries but if I'm not seeing all the orders, my 'confirmation' is useless.
In order to raid a price ladder, you need to "beat" the other orders by going on top of the order queue for execution.
How, MIT is the trick.
That will make your sitting order jump into the market order queue earlier than those orders just placed at the moment when a price is touched, because your order is sitting there right from the beginning.
Co-location servers at the exchange helps too. =)
Well, when they fail, they unload their positions like there is no tomorrow.
It's a 2-edged sword. =)
Someone defending the NQ gap below.
Same tactic again.
Same tactic again.
uote from [Proximo]:
Yep they're going against the order flow because they can.
David vs Goliath.
Well, when they fail, they unload their positions like there is no tomorrow.
It's a 2-edged sword. =)
That's the consequence of exchanges like BATS giving you rebates for providing "liquidity" eating into profits of Joe the average investor. High Frequency Trading makes such orders like MIT very profitable.
Yep they're going against the order flow because they can.
David vs Goliath.
Well, when they fail, they unload their positions like there is no tomorrow.
It's a 2-edged sword. =)
That's the consequence of exchanges like BATS giving you rebates for providing "liquidity" eating into profits of Joe the average investor. High Frequency Trading makes such orders like MIT very profitable.
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