ESZ 2k Flashing

Discussion in 'Trading' started by Cy_M, Oct 2, 2007.

  1. Cy_M

    Cy_M

    some SOB with lots of buying power keeps flashing the bid side of the ESZ with 2k lots, this has been occurring since Sun, how should this be interpreted?
     
  2. Ignore it.
     
  3. Yeah, that stuff is smoke and mirrors ... trying to play a bluffing game.

    Good trading,

    JJ
     
  4. Cy_M

    Cy_M

    Yeah, I have been ignoring it in the past but recently it keeps bothering me. We saw the junk rally on Mon! and now another rally off of the 52 area where he was flashing!
    I'm wondering if that is to test the waters and make sure there are no more sell orders to try and bite the flash before the flasher goes long???
     
  5. Cy_M

    Cy_M

    In other words it's showing off liquidity and if nobody bites then it means no more sellers...
    He does this always at the bottoms during slow market. Which also makes sense.
     
  6. Cy_M

    Cy_M

    On second thoughts, who would want to push the market up? Not a genuine Bull, only someone with intention to offload huge inventory into rallies?!
     
  7. Cy_M

    Cy_M

    ESZ @ 1556.50 15:41 and they're now flashing the Ask.
     
  8. nkhoi

    nkhoi Moderator

    or it could be some sort of signals for whoever in the know.:p
     
  9. Cy_M

    Cy_M

    Well, the first Bid flashing marked the daily bottom and the Ask flashing marked the retrace Top.
    Maybe we have a new indicator...:p