trader001

May I renew this thread by asking more about PATS api? Is it that bad? My company was to use them as a primary api to connect to LME select. Now I am worried.

Right now, I am trying to connect to LME market through ISV's APIs or through LME select's native API. Brokers quoted me a few ISVs that offeres connectivity, incluing FFastFill, RTS, PATS, TT, CQG. Our server is located in Asia. I have heard a few horror stories about PATS API. Has any one experienced the same problems with PATS on LME here? Can you offer some suggestions? How much would LME select's native API cost? I assume it's a hosted service. Please, any cmments are welcomed. Thanks in advance.

Trading, in its nutshell, is about dealing with volatility. If there is no volatility, there isn't much trading opportunities around. With that said, the question is always to find the right moment and right price to enter a market where you can clearly define the risk associated with the trading action. Of course, scientific method is useful to identity such opportunities in a systematic matter, but the question is always there. How can we consistently generate alpha based on your method. Based on your description on Dr. Taylor, I get a sense several techniques can be deployed to analyze the hypothesis. Time series models and simply covariance analysis can all be used to do that. So what did you use, Voltrader?

Anyone had experience with agoratron? What's their rate for service? Please help~

I understand that increasing prints in the tape with much greater volume is probably a direct reflection of the entrance of OTF players. Coupled this with important price level may even increase your odds more. Yet, I am thinking what can I do when trading multiple products. That's simply too much information to digest? Any suggestions?

Thanks, Josh. So what are some of the tools you use to help you accomplish this? Can you elaborate a bit more on the price acceptance? How do you read it from VPOC shift or without?

Thanks for sharing this. Does that mean you can use the prices with low volume as a stop limit on a consistent basis? I also have some thoughts on the prices with high volume. If price does not rotate into the direction as anticipated, the previous price with high volume should serve as a stop limit, because if the price get driven back to that level, my bets were off, right? If my thinking is correct, the next question is when to use price with high volume vs. low volume? Is there a logic that can be used to choose one over the other in particular cases? Are those lagging indicators price based only? What are your favorites? Can you talk more on the long-term composite profile? I am quite interested in those. I am confused here. Do you mean by u find most value in both old VPOC and VPOC or just old VPOC? Do they both act like magnets? If so, do you treat them differently?

I agree that MP is an invaluable tools that gives another dimension to explain the market, but my question is still there: how can I use it as a tool in real time. Yes, high volume traded at a particular price signals price acceptance among buyers and sellers, yet where the market is heading next? Since there could be multiple explanations on why MP presented itself in certain way, this leads to conclusions for two opposite directions. Worse, I also find it difficult to assign probabilities with a consistent basis on either scenarios? If that's the case, how better can it be compared to just flipping a coin? Instead of trying to capturing everything in delta, is there a better way to quantify the relationship between DVPOC with its prior path?