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Re: Question About Time & Sales
Brookwood. Be aware also that in futures markets there is always a buyer and seller for every tansaction. Thinking in terms of more buyers than sellers is likely to confuse your thinking.
Delta measures volume @ bid against volume @ ask. Agressive buying selling against agressive selling if you like, nothing more. (essentialy which side are using the most market orders) There are many misconceptions about how the 'big player / smart money / whatever you want to call them" move there inventory. It is my contention they do not buy buy/sell aggresively most of the time. Certainly not all the time.
If you had 20,000 YM to accumulate would you keep hitting the ask as price advanced or wait paitently on the bid when price pulled back?
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