"Price goes to size"

[AMT4SWA]

If you and a group of freinds (inventory) go into the city (join the market) are you heading to the bar with no girls or to the bar with lots of girls (available supply)???

 

[stock777]

Everyone has this wrong.

Everyone.

 

[athlonmank8]

Quote from stock777:

Everyone has this wrong.

Everyone.

Who cares lol? I don't watch size and could care less. Price reacts and I react. That simple. What the hell does who's right or wrong on this subject have to do with trading?

I don't understand why you're trying to make such a point on a topic that's irrelevant.

Quote from pspr:

Did you check your pants?

lol!

 

[TraDaToR]

Quote from Elitist Trader:

On oil I have seen it a fair bit

Agree. I don't scalp oil anymore but I recall an algo that was moving the market 4-5 ticks to big size, display an iceberg 1 tick from the big level and then consume it "slowly" by multiple 1 to 10 lots prints...It was in the overnight session, I don't know if it is still active.

 

[TraDaToR]

I will make a little study in the following weeks. I will monitor any significant size I notice in the different 10 level DOMs I trade and count the number of times the market "touches" it or goes away.

If I don't tell you the results, I might be on something...

 

[Blotto]

Quote from stock777:

Everyone has this wrong.

Everyone.

Yes. Those who can enlighten won't, and the rest cannot or will not do their own thinking.

 

[lurefo]

Quote from Blotto:

Yes. Those who can enlighten won't, and the rest cannot or will not do their own thinking.

Well, the op is proving you two wrong so there is still hope in the human race

 

[lurefo]

Quote from TraDaToR:

I will make a little study in the following weeks. I will monitor any significant size I notice in the different 10 level DOMs I trade and count the number of times the market "touches" it or goes away.

If I don't tell you the results, I might be on something...

I'd suggest monitoring :

1) the hit rate
2) adverse excursions (away from the size)
3) favorable excursions (after it went through size)

but that's just me.

 

[stock777]

Note that everyone here is an expert but cant print 1 realtime trade to make ten cents on anything reliably.

I used to do it, but decided there were too many lurkers making money off it.

 

[TraDaToR]

Quote from lurefo:


3) favorable excursions (after it went through size)

That would be interesting. It seems that when a big size is consumed, the last lots of the size are removed really fast and price jumps 3-4 ticks through immediately after.