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Re: What is DEMAND/SUPPLY volume?
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Thats interesting, I would be interested in hearing how you view the time information as far as this stuff is concerned. I have really been wrestling with this lately as to the utility of time information, I'm just not convinced its really that usefull but might be missing something.
Here is a chart from this morning that I had been waiting to see from reading Dr Bretts market delta posts on his blog. The top chart is all trades, the bottom is filtered to only 10 lots +. Its pretty interesting in that the smaller traders drove price up but were basically just providing liquidity for the larger traders. If you were only watching the deltas of all trades it would just look like the ask was getting hit but the larger traders were hitting bids all the way up. After that chart the larger traders just kept hitting bids and drove price down. pretty interesting information. |
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WOW...now that is some interesting stuff there. I wish I had a broker that could feed market delta or that TS has some good free delta indicators available that were similar to what you're showing.
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Price is simply the 2 way auctions method of advertisement. Volume measures the willingness of market participants to transact at the advertised price (AKA perceived value).
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