Price Remains Stagnant for 35 Seconds

[carltonp 10]

Hello Traders,

 

Last week, while trading the mini-dow, I noticed there were occassions when the price remained fixed (didn't go up or down) for over 35 seconds. Is this normal behaviour and what can be read from a price that doesn't move for such long time?

 

Cheers

 

Carlton

[Tams 20]

Hello Traders,

 

Last week, while trading the mini-dow, I noticed there were occassions when the price remained fixed (didn't go up or down) for over 35 seconds. Is this normal behaviour and what can be read from a price that doesn't move for such long time?

 

Cheers

 

Carlton

 

what time did this happen?

[carltonp 10]

Friday. 10:27 - 11:13am EST (YM)

[brownsfan019 17]

Do you mean your DOM was literally not moving? Were the bids/asks on the ladder at least changing? Or was everything static, including all bids/asks?

 

If your DOM was not moving at all - current price and bids/asks, I would check with your broker. Try to record it so you can send them a video of it.

 

If it was just current price not moving, that can happen, esp on the YM where there can be a 1-2 tick spread at times. You'll also see this happen around news announcements. As long as something is moving on the dom - mainly the bids/asks - then you should be connected. Also check if your broker has a way to check your connection, maybe your internet had a hiccup.

[gosu 10]

Friday. 10:27 - 11:13am EST (YM)

 

The market was centering at the beginning of the period in question but I didn't see what you describe. You might want to check your data connection for that period.

[carltonp 10]

Browns fan,

 

Thanks for responding.

 

In answer to your question, the bid/ask was moving and it so happens that I did record it.

 

I really dont believe it was my Internet connection.

 

I recorded the trading using Camtasia

[gosu 10]

I too have it recorded and was monitoring the YM closely at the time of centering. I don't see what you describe during that time, but I didn't go back through the entire period you questioned. If you want to get more specific in your time period, I can check my recording to confirm. 10:27 to 11:13 is a rather large window of time to review.

[brownsfan019 17]

Browns fan,

 

Thanks for responding.

 

In answer to your question, the bid/ask was moving and it so happens that I did record it.

 

I really dont believe it was my Internet connection.

 

I recorded the trading using Camtasia

 

If you got it recorded, then get that to your broker's support ASAP to see if there was an issue or just normal DOM activity. If the bid/ask was moving, then I would think everything was fine and you were just watching a time where there was a spread. Does your DOM have a way to show when there is a spread? If so, turn that on.

[carltonp 10]

I too have it recorded and was monitoring the YM closely at the time of centering. I don't see what you describe during that time, but I didn't go back through the entire period you questioned. If you want to get more specific in your time period, I can check my recording to confirm. 10:27 to 11:13 is a rather large window of time to review.

 

Gosu thanks for responding I will look again at my recording and if I can somehow figure out how to take a clip from the avi I will post it.

 

Cheers

[carltonp 10]

Hello Gosu/Traders,

 

First of all I would like to apologise as I got the times of the stagnant price wrong.

 

Just to give more detail

 

The price of YM remained at 11229 on 09/01/11 from 15:24:29 until 15:25:12.

 

I have attached a snapshot of Interactive Brokers TWS that I was using to trade with.

 

Let me have your thoughts.

 

 

Cheers

Doc1.doc

[Xiao si 10]

Hello Gosu/Traders,

 

First of all I would like to apologise as I got the times of the stagnant price wrong.

 

Just to give more detail

 

The price of YM remained at 11229 on 09/01/11 from 15:24:29 until 15:25:12.

 

I have attached a snapshot of Interactive Brokers TWS that I was using to trade with.

 

Let me have your thoughts.

 

 

Cheers

 

 

Would love to see the prints for the period...that would tell if it was a period where no prints were made, unlikely, or prints went through in between the bid and offer, in which case it would be a hold.

 

Cheers,

 

 

XS

[carltonp 10]

Would love to see the prints for the period...that would tell if it was a period where no prints were made, unlikely, or prints went through in between the bid and offer, in which case it would be a hold.

 

Cheers,

 

 

XS

 

Hi XS, thanks for responding.

 

The main reason for the post was to get opinions on approaches when these situations occur. So putting this trade to one side for a moment, I would like to hear thoughts on what may be occuring when I price holds steady for say 5 seconds? Are the big players buying at that price? Something must be occuring while a price remains stagnant for 3 to 5 seconds. What are traders typically doing during this period of stagnation

 

Cheers

[brownsfan019 17]

Hi XS, thanks for responding.

 

The main reason for the post was to get opinions on approaches when these situations occur. So putting this trade to one side for a moment, I would like to hear thoughts on what may be occuring when I price holds steady for say 5 seconds? Are the big players buying at that price? Something must be occuring while a price remains stagnant for 3 to 5 seconds. What are traders typically doing during this period of stagnation

 

Cheers

 

I would think time & sales would help here.

 

1) find price not moving

2) reference your t&s window to see who is buying and selling at that price level

 

The difficult part of this is back testing as you'll need a data stream since charts will be of no help here.

 

You may just find out that there really is no one interested at that price at that moment in time for whatever reason(s). This does not surprise me on the YM at all. Try the same exercise on the ES.

[carltonp 10]

 

The difficult part of this is back testing as you'll need a data stream since charts will be of no help here.

 

.

 

That is so true.

 

Thanks for responding...

[gosu 10]

Hello Gosu/Traders,

 

First of all I would like to apologise as I got the times of the stagnant price wrong.

 

Just to give more detail

 

The price of YM remained at 11229 on 09/01/11 from 15:24:29 until 15:25:12.

 

I have attached a snapshot of Interactive Brokers TWS that I was using to trade with.

 

Let me have your thoughts.

 

 

Cheers

 

There is nothing unusual about that period. The market was in dry up, pennant. The 29s were printing while the bid/ask were changing. There were 2 periods within that duration of about 15s each where there were no prints. Not unusual at all when you consider it was the tail end of an extended midday period on a Friday before a long weekend.

 

I've attached the YM 2m showing the formation. Notice the PRV < 76 for the bar in question.

[nakachalet 10]

Would love to see the prints for the period...that would tell if it was a period where no prints were made, unlikely, or prints went through in between the bid and offer, in which case it would be a hold.

 

Cheers,

 

 

XS

 

perhaps, the more appropriate title would be....

 

ON MY OWN SCREEN--price remains stagnant for....

 

in addition to what others already mentioned.... numerous other reasons could have caused your screen to freeze or your particular product screen to NOT to move nor show the then current price structure during your cited time and period.

 

especially, your broker ib signal feed (sorry ib) is surely not the best nor the more reliable signal feed company standard to use for trading real money.

 

no, i am not remotely associated with any of the signal feed companies locally nor globally, but have in the past tested many different feeds.

 

it is not a good practice to say in public which three or four are my personal choices, but i would tell you in private which i prefer, k? and ib is far down the list, sorry again ib.

[carltonp 10]

I would think time & sales would help here.

 

1) find price not moving

2) reference your t&s window to see who is buying and selling at that price level

 

.

 

Would you happen to know of any threads from traders that effectively use T & S as part of their trading?

 

Cheers

[joshdance 10]

Hello Traders,

 

Last week, while trading the mini-dow, I noticed there were occassions when the price remained fixed (didn't go up or down) for over 35 seconds. Is this normal behaviour and what can be read from a price that doesn't move for such long time?

 

Cheers

 

Carlton

 

Unfortunately it's too late to get the free data, but at this link:

 

E-mini Dow ($5)

 

You can see all transactions. Reference this next time (day after the trading) to verify the activity.