UrmaBlume

We are among the beta testers of TradeStation 9.0 whose new data providers/objects allow you to access any data stream from any code module/indicator including all 10 bids and asked volumes/DOM programatically in Easy Language.

So, no matter the content you post to each of my threads and that's not stalking? This love/hate thing with Urma really has you going. Just let it run its course and someday you will find someone to obsess over even more than you obsess over Urma.

Rally have it bad huh?

Again Kiwi, thank you so much for again posting on topic and not getting personal. The guy you write about is not me - I don't live in Texas and I have never lived in a trailor and I never photoshoped anything. Having never posted any original technical material that you yourself created no wonder that you hack so hard against mine and no wonder that your posts are never on topic and always personal attacks. All this negativity, all these completely wrong assumptions and this never ending petty little stalking and personal attacks plus talk of suicide - not only how shallow and petty your motivations, but really - how dark your internal dialogue must be. Let a little light in, give it time and you will eventually conquer the green monstor. UrmaBlume

Kiwi, And we all thank you Kiwi for yet another in a long series of on-topic, concept-rich, non-personal, objective and technically innovative posts. cheers UrmaBlume

I was asked these questions: "Pat, Have you noticed any degradation in performance of your indicators since you first discovered them -- specifically talking about the trade-intensity and order-flow based indicators that you have described on this forum. Have they become less effective as more traders use them?" Answer: Our work is based on the balance of trade/order flow and the influence of the commercial speculator as I leaned it from Peter Steidlmayer almost 30 years ago. Then we had no online volume, no means to determine commercial activity in real-time and no intelligent agents to process the data if we would have had it - now we have all of that and more. Order flow is order flow and always has been. The movment of price is and always has been based on the degree to which order flow is unbalanced. So with regard to order flow nothing has changed except that now, with new technologies, order flow can be more precisely measured and used in ever shorter time frames. As to Intensity the issue has been cross currents in the market, hedging vs spec trades, for that we have developed filters to tell one from the other. In the markets with little or no hedging, arb activity and certain foreigh markets little filtering is needed. As to more and more people using them - we don't make them available to the public so it is a very small number of people indeed who have actually ever seen any of them, let alone, all of them in action. We didn't just "discover" this body of work, we developed it after years of work and testing and it is an ongoing process. We only post about our most basic stuff, nobody has ever seen what we call our "power tools" and the public never will. As I have mentioned I post to try and get people to think beyond what the masses think and do as the masses never succeed at anything let alone something that carries a failure rate at over 90%. Performance over time depends on how closely the work reflects the base dynamics that drive the market. Cheers pat

Hang in there and never lose your sense of humor. Good Luck. cheers UB

You took a view from yesterday that was posted at a delay and only for the next 5 minutes at the most and traded it a day later?

The HUD was designed to support trade in time frames much shorter than "I will be shorting all day" and includes very specific entry, scalp and stop prices for each of 7 intra session time frames - the longest of which is roughly equivalent to 5 minute bars. cheers UB

I am not sure but I belive Mark Jurik at Jurik Research offers such a product that will work in either TS or multicharts. cheers UB

It demonstrates different methods for determining the formation of local and/or session extremes from the presence of buying or selling exhaustion and inntense opposing commercial activity. The HUD displays the degree to which the commercial spec traders are present in the market and their degree and direction of bias. This is time of day normalized data. The HUD also reflects the amount in contracts and the percentage of buying and selling within the most recent blocks of trade. Also present are 2 pie charts reflecting the percentage of buy bias, sell bias and caution bias in the ES and the ES & NQ combined. Precise Buy, Sell, Scalp and Stop or No Trade prices are given for 7 intra-session time/volume frames. All of this information including prices is updated on a tick by tick basis. For price action only traders it is not worth much at all. For those who trade from order flow or the balance of trade this information might be of value. cheers UrmaBlume

At almost exactly 4 hours into today's session and after a significan move straight up the market reversed itself. The first chart below is a daily chart with the nite session's trade in read overlaid by the day session in blue. Followers of price action can see that from the high price came almost all the way back to the open near the low - a key reversal. At 1031 PST, at the high, the second chart down, in the middle sub-graph shows a buying exhaustion threshold and that the indicator passed the threshold and indicated an exhaustion in the buying. The bottome sub-graph shows our calculation of net new commercial trade and you can see that during the last 2 hours of the session NNT went from a positive 64,000 contracts to a negative number. In the third chart down and also at exactly 1031 PST you can see a spike in the intensity of commercial selling which compliments the indication of a top as indicated by the exhaustion described above. The fourth chart down shows the closing sentiment of the market on the HUD Day & Nite Session Dailys Reflect Price Reversal Buying Exhaustion and negative commercial trade Spike in the Intensity of Commercial Selling Market Heads Up Display (HUD) cheers UrmaBlume

You are right MK, I had forgotten about Neoticker and next will be TS V9

Sorry Mad, it is still the best of its kind but at the same time I am not the only one that thinks that while it is still #1 it is not as good or as well run as it once was. I know that I am not the only one to complain about the sudden upsuge in intrusive ads and the different technical glitches. I don't believe that I "just gripe," way less than 1% of my posts have anything to do with the site and of those not all are complaints. I have both haters and followers, have made over 400 posts mostly about new trade decision support technologies and have been thanked 445 times so I have made at least some contribution here. UrmaBlume

You know how it is with those foreign names, it often depends on how you pronounce it and how many syllables it has. Tha'ts how come I sign some UB and others UrmaBlume. cheers UrmaBlume

None of our trade decision support technologies are for sale or lease and they never have been. These technologies have been created by us and the posts about them are different from almost all of the other posts on this forum as they speak about technologies and methods that we authored and not about somebody else's work. These pretenders without portfolio have never created anything and stalk those that do.

Oh, I see the pretender without portfolio who has never posted any material or technocology that she, herself, authored continues stalking like a vindictive bitch that has been scorned is on again after so many changes of heart and position. And I thought it was the part of the mission to ban off-topic, content free, personal attacks as part of the measure of quality of the site and yet so many of your posts fall into that category.

MadMarket; The substance of what your have purchased is based on the quality and the continuation of the posts of your members. Ads on every intital posts/threads, diminishing infrastructure and poorly advised moderation does not foster further sponsorship from the posters that attract the ads that pay you. I dare you to run a poll that asks whether members are more or less satisfied since you have taken over the site. UrmaBlume

At 2 hours in to the Sunday Nite Session this is the way our Market Heads Up (HUD) sees the market. Times are PST. Cheers UB

If a unit of time passes without the occurnece of trade, how does that motivate price movment as compared to when a unit of trade that is imbalanced 2 to 1 on the buy side occurs? The passage of time by itself does nothing to motivate price movement where as the occurence of imbalanced trade is the PRIME motivator of pirce movement. It is not about tick-tock it is about buy/sell and more specifically - more of one than the other - imbalanced trade. UrmaBlume

While at present there are no retail packages that make the order book, depth of market, information available for anything other than visual reference, it is rumored that TS V9.0 will. This means that these orders are being place by entities with far greater resources than any retail and many commercial traders. Again we think that these "phantoms" are placed by latency arb guys to lure the uber HFT guys. While we don't track these phantom orders we do track the HFT guys, noting every transaction in the millisecond time frame. We treat these phantom orders the same way we treat time - we ignore it. We don't believe that the passage of time motivates the movement of price but rather it is the occurence of trade (order flow) and more specifically it is an imbalance in that order flow that motivates price - hence we track real transactions and not phantom orders. UB

This article in "The Atlantic" describes phantom orders placed with no hope of fills in the millisecond time frame, sometimes by the tens of thousands. The snapshot below shows the prices of different levels of low to almost zero latency data feeds. The $500k per month feed is about latency arbitrage. I think these phantom orders are placed by the latency arb guys to lure the HFT guys (one step slower than the latency arb guys) into moves that are already being faded by the latency arb guys. What do you think? UrmaBlume

From this board I received a question: "Questions, I have tons of questions, but I will start with one: If you could change one thing in the world, what would you change?" My Answer: WOW. OK. A world order that was based on perfect laissez-faire economic systems, free trade and freedom of information and media. You don't go to war with either your customers or your suppliers and with the perfect distribution of information all health and social issues are solved. cheers UB

I looked back through some invoices and this looks like the cards we used in the last batch of workstations: "Dual 512MB PCIe x16 NVIDIA NVS420 Quad Monitor,8 Monitor 8DVI,Dell Precision (320-8139)" cheers UB

Our traders use the setup shown below, they all trade from different remote locations and I manage them from my desk which is the second shot down. All of the remote accounts are linked to my monitors so I can see all trades and all orders whether filled or not. My setup is 12 of those same 19" monitors driven by 2 workstations. The workstation is a Dell T3500 with a single quad-core 3.0GHz chip, 8 GB of Ram and 2 Nvidia cards (each driving 4 monitors). The monitors are 19" square and the monitor stands are 4 dual-vertical by Ergotron. The internet connection is 2 20mps cable modems and 1 5 mps DSL connection into a 3 input, load balancing router. The last shot down shows the mini pit we use for training new traders here in Las Vegas. cheers UB