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Tasuki
But...... clearly you bought. |
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Blu-Ray, good post and analysis. Yes, it'll be red on the time and sales because you bought while the price was going down. But it won't appear on the volume bar because that was one measly contract, and each bar represents hundreds or thousands or even tens of thousands of contracts. Now, if you were to see four trades go off at once on the T&S, each one for 300 contracts on the ES, and they were all red, then you should sit up and take notice, because it's likely that somebody or somebodies knows something that you don't, and maybe you don't want to go long with your one contract into the teeth of 1200 contracts going off as the price goes down.
All I can say is, watch it for a week and you'll see that it works.