Quote from bighog:
Volume consumes supply..........took a peek and saw that, funny. So if the price never was moved the volume would have sat there forever.
I can see it now...."price was never moved"..... The price mover has a day off, I guess. When will she come back and move the price. what does she use to move it a lever and fulcrum? No I bet she screws it to a new place. maybe she is inclined to plane it one way or another.......anyway
Look at that volume sit. Sit volume sit. Don't move. UH oh, you do not move anyway, what am I waiting for. Hey volume, baby, what you gonna do? hey I get it!!!!! You go up and down without moving. How can something go up and down without moving?? I know price can't do that and never did.
I have to say your first sentence is a zigger right from your doghouse which I think is where you are after the first sentence. Lets get serious and go for some dogbone rewards!!!
Face it, if there was no idea of a change in price what supply would anyone be talking about?
Lets be easy here and give that kind of supply the standard econ name for it: INSUFFICIENT
INSUFFICIENT. INSUFFICIENT SUPPLY OF VOLUME WILL NOT MOVE PRICE.
Nice to see you are making my point, price is what motivates, volume follows.
I'm motivated and startlated and exactivated. Lets goose this gander. the price pixey wants to be moved by some kind of volume. Lets give that big boy a name:SUFFCIENT.
sufficient supply of volume moves price
Thank You
As we all know none of that stuff above is correct. Just teasing the porker a little bit as a warm up drill for what comes next.
If no price change there would be no volume.
Yeah, right, hooray. I don't think so. What is the one HUGE thing that keeps volume at the same price. TOTAL FU@@@@@@ AGREEMENT BETWEEN THE BUYERS AND SELLERS COME ONE AND ALL. Think slowly and carefully, if buyers and sellers keep showing up at the same price, it will never change. "Snort, snort", as the razorbacks say when approving.
So IF NO price change, there is tons of volume to keep the price at the same level.
With todays cancel/replace orders this so called supply in the dome is just useless.
We got the DOM (depth of market on the table). Took a little while 9about 50 pges). BH sees it. He sees at one price there are cancels that go somewhere else. there are also new orders coming from other places. I mean, it figures.
Its true on the DOM more cancels leave and more adds come in than are ever showing on the T&S. There's a guy here called Rahula who says decide to either fade or play the trend but never both cause it is too confusing to him. Only make half the money in order to prevent confusion. Good idea for not making money.
That good olde DOM is speaking to us ALL.
Split mili second changes etc, many play games with dome just to sucker in fools that are followers and not leaders.
this baby is alive and WELL......it confuses BH... snort snort. What can I say??? Well see the next paragraph.
THE DOM IS TELLING THE STORY. BH is looking at it..bristling, I suppose every millisecond, and not liking thos cancels and adds.
Lets look at all ten values doing their millisecond bristling. One side is winning;the other side is losing.
It is definitely too much to plug in the neurals and trees and stuff to see the pathways. Attention all MS's in computer science where they fart away their lives on HS's and double tops.
Which side wins? Bad news!!! The small side wins.
Why does the small side win. Its simply that there are not enough of them so they run out faster and price then goes in the direction of the next volume pile on that side of the list.
Watch the DOM. Most orders are not filled at all. Who is filling the orders on the small side? It sure as hell is not the orders on the big side. It is market orders and it ALL shows this on the T&S.
Volume is like watching a horse race after the winner is posted.
It is on the big side. you got that right. All those guys are using limit orders on the wrong side of the market. So funny to see them all left at the gate by market orders that come in on the fast lane and suck up the small side and then m,ove the market tick after tick after tick.
I love this argument. ALL indicators are derivatives of price, volume sitting there is waiting for what?
On the big side it is getting screwed by market orders in the fast lane. On the small side it is taking the person out of the market during a trend on that side of the market. All limit orders are losers. All opposing market orders are winners going around the track to the finish line.
So where is the finish line on the DOM? LOL is it at the top of BH's post. It is the DOM value that cannopt be taken out by market orders. It has a name......THE WALL..... when you see the wall on the DOM (varying miillisecond by millisecond but still standing tall, you know the trade has come to and end and you exit with a market order.
Welcome to the winner's circle. Pigs don't get to the winner's circle apparently. They do not know their way around the track (market).
Keep the jokes coming, i enjoy this. Will check in every few days for more fun.
Sure thing, be cool man the market is counterintuitive and we can all see that with this example.
