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rako
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Posts posted by rako
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It is how they artificially mark prices down and conversely how they artificially mark prices up that I was enquiring about.Im not sure about how they exactly do that but think that market makers are supossed to fill orders at every price level, HOWEVER... the amount of orders they trade at every level its up to them...what would you do if you were them and wanted the price to go up??? or down ???
please any VSA experts out there correct me if Im wrong, I wouldnt like to missinform anybody.
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Quote:
Taken from Master the Markets p39, Effort vs Results
If the additional effort implied in the higher volume and wide spreads upwards had not resulted in higher prices, we can draw only one conclusion: The high volume seen must have contained more selling than buying. Supply on the opposite side of the market has been swamped by demand from new buyers and slowed or stopped the move.
This has me scratching my head. If the high volume contained more selling than buying then doesn't this imply that there is more supply than demand? The quote above from MTM suggests that the opposite is true and that supply has been swamped by demand. If supply is being swamped by demand then wouldn't we expect to see higher prices and a continuation of an upward move?
Im new but here's my humble opinion : I think there's no typo:
you have higher volume,wide spreads UPWARDS (green) and NO HIGHER PRICES (doesnt mean lower prices). why ? cause there was selling there , supply, which then got swamp by demand caused by new buyers who stop or slow the (down) move. it means weakness, the market may go up but not very far, we should wait to see some no demand bars, then an up thrust and.............go short !!!
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I am in case he's not
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Hello everyone
in Beginners Forum
Posted
hi,
my name is rako and I am from Spain, I've been paper trading e-mini s&p500 futures for almost three years and still learning. I study VSA and Wyckoff methods mainly. Anyone interested on exchanging opinions please feel free to say hello!!