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Old 05-03-2008, 08:29 PM
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Re: Index & Currency futures- Re: Question About Time & Sales

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Whoa, whoa whoa.

Negative Volume Delta? Why do you care if volume is decreasing at a slower rate?

Hi smwinc

Just to clarify (I hope) as it appears you and brookwood are talking about two different things here. Brookwood is looking at the amount of volume being dealt at the ask price (I.e. offers being lifted) compared to volume being dealt at the bid price (i.e. bids being given). So when he (or she) says "negative volume delta" it means the volume dealing at the bid (bids being given) is greater than the volume being dealt at the ask (offers being lifted), not that volume is decreasing at a slower rate.

Brookwood - if it is I who am mistaken please let me know.

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