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traderbarry

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Posts posted by traderbarry

  2. Posted

    Today I detected a pattern that I thought I'd share. I used the Q-Tracker for this with resetting and was watching the order flow imbalances. I called a potential for reversal at around 98 back to 96. We had correlated negative order flow and it looked like the trade would work out immediately but instead the liquidity providers pull all the inventory, market retested slightly higher, and then traded lower.

     

    While similar patterns I might interpret differently, in today's context my interpretation of this behavior was that the liquidity providers were net long the short inventory and pulled their offers to dump the long inventory. The buyers would be over eager longs, shorts using tight stops, or shorts who felt the market was trading higher. As soon as they dumped their long inventory, they took advantage of the new information to reset their books lower. An alternate explanation is they pulled the offers to reset long inventory but found no buyers thus pulled their bids to reset to better their average price on remaining inventory.

     

    I don't know if the liquidity provider performing resets could be the cause of other "double top" type scenarios but was interesting nonetheless. The double top also formed as large limit order traders exhausted buy programs...

     

    If this is not a clear, concise explanation, I do not know what is.

  4. Posted

    Hi Predictor,

     

    If you feel that what you're doing has value and you're getting selective feedback to support it, then why not just completely ignore anything that isn't directly relevant and continue for anyone who might be interested?

     

    Otherwise, if you start responding to every detractor, you risk falling into the "Roger Felton Trap" . . .

     

    Hope that helps,

     

    BlueHorseshoe

     

    That is a good idea, for those who are posting calls just to help others. Is that the case here, or is it someone looking for attention, praise, adulation, and software sales for a product that does not even exist yet?

     

    I personally would love to see calls, pure and simple, unadorned by double talk, weasel words and invented industry jargon/excuses. I do not think I'll get that, though.

  6. Posted

    You seem very defensive I'm trying to figure out why.

     

    A 1 or 2 person firm may be better than a large firm and I am glad you clarified. If the forum admins allow this thread then ok.

     

    Those questions you answered.

     

    You side-stepped number 2 and that concerns.me. Getting offended at a legit question is not a good answer. But if that is your answer I will pass on the product and this thread.

     

    You must not remember me from the Meetup talk do you?

  7. Posted

    3 questions:

     

    1. In your videos, sometimes you say "I" and other times "we." Is it just you, or a team of developers/traders, who developed this software? I am guessing it is just you but the we sounds like you are a big firm.

     

    2. You mention that your software likely has bugs as does all software. What protocols are you using to ensure the software bugs are minimized? This is critical with my money of the line.

     

    3. It seems like many of the topics you discuss are specific to your software ---- meaning it would be hard for me to try it without your software. If that be true, then this whole thread is just one big advert for your product. Is not that against the forum rules?

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