rocky9281

Sure. But can I have my answer please?

I don't trade the ES. But do you guys think that there is a fixed time for its breakout ? For e.g, SGX nifty always breaks out of its range between 12 am to 1 pm EST. Have you noted anything like that for ES too?

Just a general question here. If anybody knows the answer, please help me Are the stock(etc.) exchanges a source of income for the large institutions? If yes: 1. What %age of their annual income comes from trading stocks,futures etc? 2. Do u think that these large institutions will quit operating on these trading vehicles someday in the future?

If we see a small bid rising up tick by tick, is it true that the bid is actually very large, and is placed by a pro? For example, bid qty=158,bid rate=123.11 bid qty=158,bid rate=123.12 bid qty=158,bid rate=123.13 bid qty=158,bid rate=123.14 bid qty=158,bid rate=123.15 See how the bid rose from 123.11 to 123.15, but the size remained constant (158). 1.Should we go long here? 2.Is this a phenomenon that we will search for BOTH in the best bid ,as well as in all the tiers of bid that are below the Best Bid ? 3.Are the reverse things true for ask?

What is a stale buyer and why should he MUST buy and MUST suffer losses? If he knows he is about to suffer loss, why didn't he cancel his bids and avoid unwanted fillings? Lastly, Can stale buyers buy with: 1.algorithms like TWAP 2.perfect prints on ask 3.double prints

Please help with this question. How does large institutions enter or exit positions? I know about the following options: 1 Large block trades and 2. Algorithms What are the others?

Thanks Blowfish Blowfish, please explain briefly what do you mean by 1.price direction tests ,and 2.stop runs not withstanding

I have heard this from some traders that, if we see large prints in the time and sales, we must stay out of the trade and let the buyer and seller battle it out. After that, we should go with the one who wins. My question is, how do you determine who won? IMHO, if price gives breakout to the upper side, the buyer has won and we should buy, and vice versa for breakdown. So we are just waiting for a breakout either to the upside or downside. Is there anything more to it?

What does it mean when I see the same volume figure appearing again and again in the time and sales window, also, it comes constantly in the same side (either the bid or the ask). Please note that these are intervened by many other trades.But this number appear too frequently.

Hello Soultrader, Since you are an experienced tape reader, I request you to help me by replying to this post (post # 56). Here is the link: Trading F&O by Time and Sales - Page 6 - Traders Laboratory Forums

Compression(or expansion)of the bid-ask spread.Any idea what it indicates? How to use bid-ask spread in trading? I think the compression(or expansion)of the bid-ask spread has got something to do with an intraday short lived rally or reaction.Can you please elaborate on this? Also, please mention why does this happen..

Some possible price and volume combinations in time and sales window are: 1. High volume trading going off-both in bid and ask, with intervening small/medium trades in both bid and ask.I don't think this pattern should be ignored just because it is indeterminate as both bid and ask sides are traded heavily, but should be watched closely because the high volumes indicates professionals are participating. 2. High volume trading going off in bid,not a single trade is of small/medium volume.Also, not a single trade going on in the ask. (vice versa) 3. High volume trading going off in bid.Along with that,small/medium volume trades going off at ask. (vice versa) 4. Large number of small/medium sized trades going off at bid.None of the trades is of high volume.May not seem to be professional activity,but at the end of the day the summation of the volume of trades at bid at that price level comes out to be very high. What does each of the above four combinations indicate, and hence, what the tape reader should do when he sees them in his time and sales?

Some possible price and volume combinations in time and sales window are: 1. High volume trading going off-both in bid and ask, with intervening small/medium trades in both bid and ask.I don't think this pattern should be ignored just because it is indeterminate as both bid and ask sides are traded heavily, but should be watched closely because the high volumes indicates professionals are participating. 2. High volume trading going off in bid,not a single trade is of small/medium volume.Also, not a single trade going on in the ask. (vice versa) 3. High volume trading going off in bid.Along with that,small/medium volume trades going off at ask. (vice versa) 4. Large number of small/medium sized trades going off at bid.None of the trades is of high volume.May not seem to be professional activity,but at the end of the day the summation of the volume of trades at bid at that price level comes out to be very high. What does each of the above four combinations indicate, and hence, what the tape reader should do when he sees them in his time and sales?

Some possible price and volume combinations in time and sales window are: 1. High volume trading going off-both in bid and ask, with intervening small/medium trades in both bid and ask.I don't think this pattern should be ignored just because it is indeterminate as both bid and ask sides are traded heavily, but should be watched closely because the high volumes indicates professionals are participating. 2. High volume trading going off in bid,not a single trade is of small/medium volume.Also, not a single trade going on in the ask. (vice versa) 3. High volume trading going off in bid.Along with that,small/medium volume trades going off at ask. (vice versa) 4. Large number of small/medium sized trades going off at bid.None of the trades is of high volume.May not seem to be professional activity,but at the end of the day the summation of the volume of trades at bid at that price level comes out to be very high. What does each of the above four combinations indicate, and hence, what the tape reader should do when he sees them in his time and sales?

Please throw some light on Time and sales refreshing. 1.Why does the T&S refreshes? 2.What does it mean when we see the time and sales data/window refreshes? 3.What to look for after the refresh?