[ferasjaara]

I'm starting this thread for one primary objective. to learn to see behind the flow like pro's.

I ask everyone to post their trades live
I'm targeting mainly statistics and volume traders. which includes vsa, mp , md, orderflow
the idea is to try and gauge markets using a statistical edge, that had been used by few pro traders, like JP, Darreeb, PlantP.

start posting :
Rules
No religeon
no politics
be respectful to others.

we are looking for what really works, in the markets.
I have a good trading experience. and will be posting my trades as well

Some creteria needed:
Weekly and Daily analysis made simple (Trend Direction)
Inttaday Direction and analysis,
Pricelevels to excute the trades at
ENTRY AND EXITS based on smaller timeframe ( tick , 1min, or 3min)
trade Management........

Enjoy
lets begin.

[johnw]

Originally Posted by ferasjaara »

I'm starting this thread for one primary objective. to learn to see behind the flow like pro's.

I ask everyone to post their trades live
I'm targeting mainly statistics and volume traders. which includes vsa, mp , md, orderflow
the idea is to try and gauge markets using a statistical edge, that had been used by few pro traders, like JP, Darreeb, PlantP.

start posting :
Rules
No religeon
no politics
be respectful to others.

we are looking for what really works, in the markets.
I have a good trading experience. and will be posting my trades as well

Some creteria needed:
Weekly and Daily analysis made simple (Trend Direction)
Inttaday Direction and analysis,
Pricelevels to excute the trades at
ENTRY AND EXITS based on smaller timeframe ( tick , 1min, or 3min)
trade Management........

Enjoy
lets begin.

Excellent idea for a thread.

Since you are the OP why don't you get the thread up and rolling with your thoughts and maybe a sprinkling of charts.

[steve46]

Sir or Madam

Whats "behind" order flow is a decision made by an institutional participants to buy or sell a tradable issue (equity, debt, commodity or future). Based on that decision, they either call down to a broker near the pit or authorize the trade to a soft money agent or to their own employee for electronic execution. For some participants the alternative route is automated execution. For the NYSE, more than 66% of volume is executed this way. This is the "broad strokes" picture of what is "behind" order flow on a daily basis.

Intraday, and on the institutional side, the motivation (the reason behind order flow) is that we want to make bonuses for performance at the end of the year...For that reason, as we near the end of specific time frames....yearly, quarterly, monthly and weekly, we will step in front of the market as it tests the open of each time period..moving it up (defending it)...the closer you get to the end of a time period, the stronger the motivation to defend or move markets as they challenge the open of each time period..On the institutional side we call these "time based pivots".

Here is a chart example from my thread titled "An Institutional Look at the S&P Futures"
http://www.traderslaboratory.com/for...es-8859-6.html
scroll down the page to the post that begins "just for grins".....then refer to the chart.



I hope this helps
Steve

[Moyyim]

Originally Posted by steve46 »

Sir or Madam

Whats "behind" order flow is a decision made by an institutional participants to buy or sell a tradable issue (equity, debt, commodity or future). Based on that decision, they either call down to a broker near the pit or authorize the trade to a soft money agent or to their own employee for electronic execution. For some participants the alternative route is automated execution. For the NYSE, more than 66% of volume is executed this way. This is the "broad strokes" picture of what is "behind" order flow on a daily basis.

Intraday, and on the institutional side, the motivation (the reason behind order flow) is that we want to make bonuses for performance at the end of the year...For that reason, as we near the end of specific time frames....yearly, quarterly, monthly and weekly, we will step in front of the market as it tests the open of each time period..moving it up (defending it)...the closer you get to the end of a time period, the stronger the motivation to defend or move markets as they challenge the open of each time period..On the institutional side we call these "time based pivots".

Here is a chart example from my thread titled "An Institutional Look at the S&P Futures"
http://www.traderslaboratory.com/for...es-8859-6.html
scroll down the page to the post that begins "just for grins".....then refer to the chart.



I hope this helps
Steve

If only your "bonus" was based on the number of times you use the word "Institutional" in every one of your posts... I presume to give some sort of credence that you are the "voice" worth listening to or "sigh".

Looking at your "An Institutional (grrrr)look.." thread you state you have "limited experience" with Institutions and they just want your analysis...so you're not a trader right ? .

Cheers

[steve46]

Originally Posted by Moyyim »

If only your "bonus" was based on the number of times you use the word "Institutional" in every one of your posts... I presume to give some sort of credence that you are the "voice" worth listening to or "sigh".

Looking at your "An Institutional (grrrr)look.." thread you state you have "limited experience" with Institutions and they just want your analysis...so you're not a trader right ? .

Cheers

What an interesting way to respond

Well first of all, what you choose to believe is of little interest to me...My income is none of your business although like many professionals it is based in part on how much profit I generate for my employer..

and finally (because the original poster has requsted that we be "respectful").....may I "respectfully" suggest that you ignore me....I will do the same for you from now on.......

There you go...problem solved!

"Cheers"

[Moyyim]

Post deleted to respect OP

[BlowFish]

Originally Posted by Moyyim »

If only your "bonus" was based on the number of times you use the word "Institutional" in every one of your posts... I presume to give some sort of credence that you are the "voice" worth listening to or "sigh".
s

That is how it appears which is a shame, as on the whole it is actually a "voice worth listening to". Seems that often traders have their little foibles. .

"Institutional" is too broad a term to usefully identify a specific type of participant, it is also too vague a term to define a category of participants. There is pretty much always a better word to use.

Heck I would bet that most people would not even have the same definition of what the term means. For me I tend to think of 'institutional' as the funds (banks, pension, insurance, unions etc.) I also tend to think buy side. I personally would rule out the more 'boutiquey' operations and most of the 'hedge' funds (another nebulous term) as their mandates are usually much broader. Neither would I include what the COT would call 'commercials' even if there operations are actually conducted by 'jobbing' traders that work for the same organisations, there remit is clearly completely different. Nor would I include market making.

[steve46]

Originally Posted by BlowFish »

That is how it appears which is a shame, as on the whole it is actually a "voice worth listening to". Seems that often traders have their little foibles. .

"Institutional" is too broad a term to usefully identify a specific type of participant, it is also too vague a term to define a category of participants. There is pretty much always a better word to use.

Heck I would bet that most people would not even have the same definition of what the term means. For me I tend to think of 'institutional' as the funds (banks, pension, insurance, unions etc.) I also tend to think buy side. I personally would rule out the more 'boutiquey' operations and most of the 'hedge' funds (another nebulous term) as their mandates are usually much broader. Neither would I include what the COT would call 'commercials' even if there operations are actually conducted by 'jobbing' traders that work for the same organisations, there remit is clearly completely different. Nor would I include market making.

I like to make it simple. Most of the top tier institutions maintaining a presence in today's market are banks (what we think of as banks)....Since the changes brought about by the mortgage problem some of these "institutions" have put themselves at a distance from their trading groups, but that is just legal issue. The bottom line is that institutional activity is primarily "banks"

In contrast, "funds" and what we think of as "hedge funds" are intrinscally different in how they pursue their goals..specifically they are actively looking for more and different risk exposure.

This is less about the type or classification of operation and more about what they are and are not will to risk in order to obtain profit..

I hope this helps
Steve