Today using either a tick/volume/time chart the trade was the 3 pm selloff. I don't really think it mattered which chart as long as your eyes were on the markets. D.
As a result of recent events (CMEâs New Trade Message Aggregation Model, effective today, http://www.cme.com/trading/get/dev/marketdata2848.html) it seems that tick charts can be easily manipulated by the CME and or others (brokers and charting data providers), which make them less stable than time or volume charts. Therefore Iâm making the switch to volume charts.
I read that link & I am sorry but I don't understand what you mean. Can you please explain a little more ? Would it make a huge difference to a point wher most of the time they will be unreliable or just once in a while ? I like tick charts mainly of e minis. ( ES, NQ, YM & ZB ) Thanks
The following is eSignal's response to this change: [thread]16439[/thread] JayF has just replied. Here are the contents of the post: JayF has just replied to a thread or forum you have subscribed to entitled - Will the Globex Data Changes Impact My Tick Charts? - in the eSignal forum of eSignal Bulletin Board. This thread is located at: http://forum.esignalcentral.com/showthread.php?threadid=16439&goto=newpost
Also see the following threads for more info: http://elitetrader.com/vb/showthread.php?threadid=60786 http://elitetrader.com/vb/showthread.php?threadid=60688
Kevin, I realy appreciate your help. Those threads really helped understand it better. I think as Equalizer said lets wait & watch. Keep me posted.