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[discuss] Mark3tD3ltaMini


sheetal

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Hello friends,

 

I'm not sure where I got this indi from, but it prints on screen something that I guess an auction process (maybe)??

Look at the upper left corner:

 

http://i62.tinypic.com/21l979w.jpg

Any idea what this is?

 

what's confusing to me is, if it's printing BidxAsk, why are there four columns?

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I think are the prints of the latest bar on the right the red candle. 500x1575 smartest guy bought the offer and the guy with more size refreshed the offer and started the aggression @ bid, Hitting all the limits at bid the latest 6 rows are only prints at bid and no ones hits the offer (No ones was buying when the price was going down) But 0x200 0x200 doesn't makes any sense hitting the offer and no ones hits the bid Mybe the price was at bid they hit 200 at offer the price cames back at offer and they were still buying. Only an aggregated ts will solve the mistery or looking the MD.
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@shaube

thou I didn't completely grasp what you've said here, but I'm still getting the feel of your analysis - quiet remarkable.

Well, I'd be happy to capture few more data with TS next week and maybe you could help me out to get an idea on this.

Highly appreciate your time and effort, Thanks.

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I suggest to download the video and watch it in slow motion

Market delta is not the best to explain this about their MD. But it is better than nothing.

Bar 1 It ticks down sellers are aggressive they increase the offer one second before and they hit the bid the price

goes down. bid > offer and sellers are hitting the bid But at 1558.00 1558.25 we have big prints at bid

The key is 1557.75 There is a print 518x0 at 1557.50 someone has hit the bid but big guy cames in he has bought

1412 in one print (Bid 1557.00 Bid Volume 1421 Offer 1557.75 offer volume 1175

He hits the offer 1557.75 (The volume @ offer is 1175) with one print of 1412 The price ticks up. --> 1557.75 Goes bid

One print 1421 means we have an agressive buyer but on the other side there is an agressive seller .

Now he starts to refresh the bid agressive Sellers sell @ bid 1557.75 offer is 1558.00 but (Too many sellers trapped short) The keys are ( the price(Yellow rectagle) never hit the offer we have 1557.75 bid and 1558.00 offer and how is it possible the bid is decreasing 700 ,667 while the sellers keep hitting the bid 507 fancy stuff 37 latest bid volume @ 1557.75 Why we don't tick down ? ( 1557.50 never goes offer ) Big guy has iceberg order @ 1557.75 He refreshes the bid and the bid starts to increasing OPPPPS and the offer decreasing ( he removes the offer :) was he who was offering ) Never mind how much they sell 1557.50 stays bid,

Bar 2 shorts begin to cover 1557.75 bid Volume @ bid 514 1558.00 offer Volume @ offer 573 ( 514 almost equal 573 :) ) he hits the offer with one print of 637 we tick up 1558.00 goes bid

Being not happy the price came down No break Out ? He doesn't allow the sellers to hit where he has bought before 1557.75 the old line (now 104x0 @ 1557.75 new line ) what he do is to refresh the bid @ 1558.00 like before. (500x 1000 @ 1558 500 means sellers are giving up The key is 1557.75 104x0 so 1557.75 is not allowed to go offer one tick above the old line )

bar 3 and 4 BREAK OUT

I hope this helps.

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Which data feed are you using for Nifty?

 

thanks,

 

Hello friends,

 

I'm not sure where I got this indi from, but it prints on screen something that I guess an auction process (maybe)??

Look at the upper left corner:

 

http://i62.tinypic.com/21l979w.jpg

Any idea what this is?

 

what's confusing to me is, if it's printing BidxAsk, why are there four columns?

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