I don't have an answer but would be interested in hearing someone else's opinion. http://www.elitetrader.com/vb/attachment.php?s=&postid=2165470
I don't think so. The high number of trades is probably the result of quickly adding to winners and/or money management tactical moves. I couldn't tell for sure, just a best guess. Still looking for the ninjascript for the 16a chart. If I get it or get someone to write it, I will post it. Shakira
Anytime you execute 1 or more contracts its counting it as a trade. He is being dynamic with his entries and exits. He didnt really have near that many "trades".
Amazing stats. Over 91% winners. Average win 3 times greater than average loss. Anek, Please take us through the play by play of a few of your scalps. Thanks
Are we sure that green means volume at the ask? If so then imo that suggests that buyers weren't letting their bids get filled (buyers pulling their orders rather than heavy selling coming in). Would-be sellers followed price down with big orders sitting at the offer, and on the way down you had some big buy orders - but either they weren't big enough to break the offer, or more sellers piled in at the ask. Either way a strange thing to see.
Hi, Mark Can you please let me know the trade alerts or best charting softwares that you used. Kindly email me at danhongusa@yahoo.com Thanks
If you were trading friday you would know where he was scalping. Before Obama spoke the market was making a larger and larger triangle. He was scalping to the upside given that there was a bullish bias in the morning. He was buying off support and selling in the upper end of the triangle.
Thks for your input. The green bar is the volume actually exchanged at the Ask. Yes this was very strange. I am wondering if this indicator is usefull. It would be probably more interesting to have an idea of the volume exchanged above/below ask or bid. Or when tick volume = bid or ask size.