kavalan Posted April 14, 2016 Report Share Posted April 14, 2016 That is fantastic, what version of BM is that? To see a limit order of 2000 contracts you don't need bookmap, a simple level 2 indicator or a basic dom with all the limits availables is enough. The only advantatge about, bookmap, vista, smartbook, Obi is that they plot historical values and you can remember levels where this big limits were, but nothing more special marcus70s07 1 Quote Link to comment Share on other sites More sharing options...
marcus70s07 Posted April 14, 2016 Report Share Posted April 14, 2016 Crystal clear explanation Kavalan !! To see a limit order of 2000 contracts you don't need bookmap, a simple level 2 indicator or a basic dom with all the limits availables is enough. The only advantatge about, bookmap, vista, smartbook, Obi is that they plot historical values and you can remember levels where this big limits were, but nothing more special Quote Link to comment Share on other sites More sharing options...
oscarbull1505 Posted April 14, 2016 Report Share Posted April 14, 2016 Good Morning Friends An Update in Corn Futures, the same level of yesterday http://screencast.com/t/eMednIxfKdle the trigger, and my confirmation http://screencast.com/t/T6Mbdo2hQo Bookmap 4.5. Have a nice day and best regards. kmilo 1 Quote Link to comment Share on other sites More sharing options...
oscarbull1505 Posted April 14, 2016 Report Share Posted April 14, 2016 That is fantastic, what version of BM is that? Bookmap 4.5 my Friend Quote Link to comment Share on other sites More sharing options...
oscarbull1505 Posted April 14, 2016 Report Share Posted April 14, 2016 Hi Oscar, do you know the best way to learn Bookmap...I know they have youtube channel...can you please advice if someone wants to learn how to trade using bookmap from the begining how they should start and progress ??? Hi Lululee In Bookmap page there is a section for education with many videos to learn how to use it, is very easy. Best Regards Quote Link to comment Share on other sites More sharing options...
xioxxio Posted April 14, 2016 Report Share Posted April 14, 2016 oscarbull1505, please could you share version 4.5 Much appreciated. Regards Quote Link to comment Share on other sites More sharing options...
oscarbull1505 Posted April 15, 2016 Report Share Posted April 15, 2016 oscarbull1505, please could you share version 4.5 Much appreciated. Regards Hi Xioxxio Sorry but I have lifetime license. best regards Quote Link to comment Share on other sites More sharing options...
trellis Posted April 15, 2016 Report Share Posted April 15, 2016 Large market orders are usually split up and "sprayed" so they're unrecognizable. For example, a 100,000 contract order might be split up in 100+ contract lots (1200, 900, 1500, etc.) over a few minutes. Orders are transmitted in nanoseconds these days, so that 100k contract order could be transmitted in one second but be displayed as 100 separate orders. Traderbeauty 1 Quote Trellis Link to comment Share on other sites More sharing options...
vit007 Posted April 15, 2016 Report Share Posted April 15, 2016 (edited) From today CL trading . Market hit limit orders and reversed. http://i67.tinypic.com/9bhsgl.jpg Edited April 15, 2016 by vit007 ⭐ Meow, Traderbeauty and azimyt 3 Quote Link to comment Share on other sites More sharing options...
⭐ SignalTime Posted April 15, 2016 Report Share Posted April 15, 2016 Large market orders are usually split up and "sprayed" so they're unrecognizable. For example, a 100,000 contract order might be split up in 100+ contract lots (1200, 900, 1500, etc.) over a few minutes. Orders are transmitted in nanoseconds these days, so that 100k contract order could be transmitted in one second but be displayed as 100 separate orders. trellis, actually there is a limit of 18000 and change limit on es at any given time for the entire firm's position. so no one corner the market. Traderbeauty 1 Quote Link to comment Share on other sites More sharing options...
admis Posted April 15, 2016 Report Share Posted April 15, 2016 Jane, your PM box is overfilled... snaiper-x1 1 Quote Link to comment Share on other sites More sharing options...
⭐ Meow Posted April 15, 2016 Report Share Posted April 15, 2016 Hey vit007, I'm trading CL too and your charts looking interesting. What indis and bars are you using? From today CL trading . Market hit limit orders and reversed. http://i67.tinypic.com/9bhsgl.jpg Quote Link to comment Share on other sites More sharing options...
snaiper-x1 Posted April 15, 2016 Report Share Posted April 15, 2016 Jane, your PM box is overfilled... yes no progress for messages, take care of this Quote Link to comment Share on other sites More sharing options...
Traderbeauty Posted April 15, 2016 Author Report Share Posted April 15, 2016 Jane, your PM box is overfilled... sorry- fixed it. admis 1 Quote Link to comment Share on other sites More sharing options...
trellis Posted April 15, 2016 Report Share Posted April 15, 2016 (edited) there is a limit of 18000 and change limit on es at any given time for the entire firm's position. so no one corner the market. I just picked an arbitrary number to exemplify how large orders are divided up by institutional traders. I was told the only rule they must follow is that they must submit their orders in round 100 contract lots such as 100, 500, 800, etc., to distinguish themselves from retail traders who can submit any odd number, 102, 316, etc. Plus they can route their orders anonymously in various ways, through dark pools, etc. A friend who has access to Bloomberg's terminal (an amazing platform) showed me the thousands upon thousands of orders rolling through every second. He was laughing about the retail traders with their measly pc's who claim they can spot "whale" orders on the DOM. It was a real eye opener! We small fish can learn to read price action but actual order flow? - forget it. Edited April 15, 2016 by trellis Traderbeauty, ⭐ ESVepara, misalto and 7 others 10 Quote Trellis Link to comment Share on other sites More sharing options...
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