Welcome to the Traders Laboratory Forums.
Rate this Entry

After Hours Trading YM Futures

Posted 02-16-2009 at 12:06 AM by neustaju

Pay close attention to the Level 2 quotes during the after hours trading on the Mini Dow jones futures contracts (YHM9). There is a seller who pushes the price lower by flashing 15+ contracts on the offer when there is a bid-ask spread of several points. This action will be easy to identify because after flashing his size, he closes the spread by offering 1-3 contracts 1 point lower than what his fake offer is. He then pulls his small fake offer to show his major offer, then re-posts his smaller fake offer. As a level2 game this is crucial becuase it immediately creates real sell orders for the SCHW clients because of thier complimentary level 2 program.
Posted in Uncategorized
Views 1533 Comments 0
Total Comments 0

Comments

 
Total Trackbacks 0

Trackbacks

All times are GMT -4. The time now is 05:49 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.