Shanghai

It's true, most part of that volume was traded 89.90-90.00 aprox. How did the quick profile told you that?

Hello, today I witnessed realtime the trading of this huge bar with big volume in MCD. What amazed me was how quickly those 578k shares were sold. So, I have some doubts: -in case someone enrouted that order (it was quite automatic), how come there were so many orders waiting there? 578k volume orders just waiting 50 cents below bid? -or is it possible that new orders went in very fast to take that sale? -the guy who enrouted the shares, how can he know how many orders and volume are down there? I also have level II but I don't see anything 5cents below, have no idea what volume is down there... By the way, I like how that huge bar establised max and low for the rest of the session. I was able to recover because of that :missy: Thanks.

Please forgive my ignorance. How in the world could this happen? I don't understant :doh:. What do you mean by staggered? Or having two 5min different charts? Also, I think it could make sense only if you buy and sell within that 5min period? You could be winning a 5min bar but get stopped out in the next 5min if that is a micro period strategy I guess.

Hi, thanks for reviewing the chart. Same thing happened in HD last week or so in my trading platform. However, is it possible that when a candle stick like this occurrs for real, it might include trades which are not made in the market? Someone told me that there is a lot of volume at close which is not actually traded in the market but only written down.

Hi, I would like to know what does that red candlestick means. It is SPY, 5min chart on 11-may-2012. It's the same thing on 1min chart. So, what do you think it happened? Everybody got stopped out, but who might pulled the trigger? What do you think?

Very intresting points of view in here. Someone said that they (funds) might use some HFT algos to keep the price stable. It could be but I don't think so. If a fund want to sell huge lot at close, what's the point of bidding a huge order as well? You might get hit and end up with double of shares and none sold. Unless they are sure that nobody will sell or short that bid. So, in this case they have to manage very accurate information. And if they have that information, there is no need to fake-bid. What I think it happens, is that they know exactly how many people are long and short (both intraday traders as investors) and what size, then they might "set" the price to generate a buying signal at close. So it's everybody buying against a fund + a few traders around. Machines could identify all this situation and step in to take advantage as well.

Hello negotiator. Of course you cannot buy or sell when the market is close. Anyway, people rushing to trate their lots at the end must probably know that closing price is far from being the best price for that trading session. So why they do not operate in mid session where the price is way better due to volatility? So I really think it has to do with hedge fund intra day trading. When they hold a stock for 6 months, they might trade all that volume they hold every 3 - 5 days, selling at hights and buying it back at close.

Hello, I am just beginning to trade and I have serious doubts about ultra high volume at closing time. I noticed that every single day or 2 there is ultra high volume at close and surprisingly the price just does not move. Is there a hedge fund vs. all trader and investors situation? Perhaps some machines holding both bid & ask? Who is trading that volume? I just can't see it so I appreciate any help.