Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

jeffersondaarcy

How to Track the Smart Money/institutions After CME Data Changes

Recommended Posts

I had the same suspect when I first read his posts.

 

He has subsequently explained what he was looking for in a few posts here on TL.

I don't have the links,

but they are there.

You can search his posts for detail,

in short, I can tell you this,

he said he is not looking to sell anybody anything.

 

Of course UB is here to help other traders think out of the box and give them hope they, too, can create those indicators which hold the keys to trading heaven. :haha:

 

The truth is the people here are not qualified customers for his services, so I agree he is not selling to this audience. Stealth marketing for free on venues such as trading forums with help his company either secure or attract business, however. That's why ET gave him the boot--they realized his clever intentions.

Share this post


Link to post
Share on other sites

Whatever his intentions are, I doubt mine (probably yours too) are any nobler.

 

We are here... because we believe we can benefit by being here.

 

Whatever mileage you have got from his posts, is yours.

Whatever mileage you did not get from his posts, was never yours.

 

 

I am happy with his posts... One of my new indicators has a logic based on one of his thoughts.

I did not replicated his HUD, or reproduced his complex multi-channel analysis,

All I have got was a simple idea... an idea that sprung another idea... that led to a new perspective... and a new analysis.

I can't say I haven't got a freebie out of this deal.

 

YMMV

Share this post


Link to post
Share on other sites

This thread has morphed into a broader discussion of the markets; more specifically, transparency and integrity issues. These issues affect us every single day, whether we realize it or not. They not only affect us as traders, but also as common Americans as evidenced by what has taken place the last few years (think derivatives market issues, taxpayer bailouts, etc). So, let's take this one step further...

 

Is buying 200 contracts via 200 individual 1 lot market orders placed in under a single second manipulation according to the SEC's definition of manipulation (underline my emphasis):

 

Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions.

Manipulation

 

Please dont construe this post as me taking shots at people, me trying to piss people off, etc. That is not my intention at all. I'm just trying to stimulate thought.

 

Going fishing for the week, good luck trading.

Share this post


Link to post
Share on other sites
This thread has morphed into a broader discussion of the markets; more specifically, transparency and integrity issues. These issues affect us every single day, whether we realize it or not. They not only affect us as traders, but also as common Americans as evidenced by what has taken place the last few years (think derivatives market issues, taxpayer bailouts, etc). So, let's take this one step further...

 

Is buying 200 contracts via 200 individual 1 lot market orders placed in under a single second manipulation according to the SEC's definition of manipulation (underline my emphasis):

 

Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions.

Manipulation

 

Please dont construe this post as me taking shots at people, me trying to piss people off, etc. That is not my intention at all. I'm just trying to stimulate thought.

 

Going fishing for the week, good luck trading.

 

If it is, then so what? What are you going to do about it?

Share this post


Link to post
Share on other sites

I am glad UB posts his various comments and trading style information.....you can always learn something by taking a look at the way others are analyzing the markets.

 

I feel that traders should conduct there own due diligence from information they pick up off trading forums. I think ET banning UB is completely pathetic (after allowing pure$hit on their forums for how long.....COMICAL!!!). I mean come on now, we all have to be protected from some big bad system trader who may be backdoor marketing??? I don't give a damn what UB is doing here on TL....I read his information and then do my own due diligence....simple, very simple. I don't need ANYONE to try and protect me from someone who may be conducting marketing ops.....that is my own responsibility.

 

For the most part, almost everyone on these various trading forums is marketing SOMETHING.....their ideas, their ego, their forum, their this, their that, etc, etc, etc. I personally don't have the time to waste on who is or who is not trying to market something to me. I already KNOW almost everyone is trying to market SOMETHING to me, so just move on and deal with it.

 

On a side note, tracking and following commercials trade activity in futures markets is some of the most powerful trading set ups I have ever found.....ignore their activity at your own risk! ;)

Share this post


Link to post
Share on other sites
...

For the most part, almost everyone on these various trading forums is marketing SOMETHING.....their ideas, their ego, their forum, their this, their that, etc, etc, etc.... ;)

 

 

not to mention their ebook... LOL

Share this post


Link to post
Share on other sites

... and don't forget the ebook so inconspicuously hidden in the signature line.

in case you are dumb enough to miss it, the bait is furnished in multichromatic-technicolor.

Share this post


Link to post
Share on other sites

Back to the trade volume, does anyone know how ICE is sending the TF trade volume. Are the CME's and ICE's the same now?

 

As madspeculator stated, the way the CME is now sending trade size represents the size of the fill from the limit orders sitting at that level. This seems closer to reality to me. Hard to say how that could be construed as illegal activity.

 

I remember back when the CME anounced they were going to start aggregating the trade volume for the purposes of reducing bandwidth. Those of use using tick charts had to make an adjustment (fewer ticks sent). It seems like now they are just going back to how it was. I guess bandwidth is not an issue the way it was a few years ago.

Share this post


Link to post
Share on other sites
In the past, if I bought 200 contracts by placing 200 individual one lot trades in under a second, the CME would group this trade together and report it as a single 200 lot order (feel free to call the CME and verify). The tape then reflected my true intentions (to acquire 200 contracts).

 

Granted, during periods of high volume, market orders from several parties would sometimes get combined, I am not disputing that. However, most of the trades that were being clumped together into a single order were from a single party (once again, feel free to call the CME to confirm). This is pretty simple in my book: Trade is taking place on public exchanges and should therefore be transparent. One hundred contracts bought in under a second is one hundred contracts bought, period. The increments of purchase are completely insignificant. At the end of that split second, someone bought one hundred contracts, that’s all that matters, and that’s what should be reflected.

 

It seems to me the information we had before is all there and more. If you want to aggregate trades to subsecond resolution and group them together again, go for it. You couldn't be sure if trades were aggregated or deliberately split up before, and you still can't--so there's no change there. You have more information than you had before. Maybe... check the timestamps--if they're all identical, there's a reasonable chance it came from one source.

 

Also, if you want T&S and tick data aggregated to time periods as it seems you're suggesting--many platforms already do that. That's all the platforms I avoided :)

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • How's about other crypto exchanges? Are all they banned in your country or only Binance?
    • Be careful who you blame.   I can tell you one thing for sure.   Effective traders don’t blame others when things start to go wrong.   You can hang onto your tendency to play the victim, or the martyr… but if you want to achieve in trading, you have to be prepared to take responsibility.   People assign reasons to outcomes, whether based on internal or external factors.   When traders face losses, it's common for them to blame bad luck, poor advice, or other external factors, rather than reflecting on their own personal attributes like arrogance, fear, or greed.   This is a challenging lesson to grasp in your trading journey, but one that holds immense value.   This is called attribution theory. Taking responsibility for your actions is the key to improving your trading skills. Pause and ask yourself - What role did I play in my financial decisions?   After all, you were the one who listened to that source, and decided to act on that trade based on the rumour. Attributing results solely to external circumstances is what is known as having an ‘external locus of control’.   It's a concept coined by psychologist Julian Rotter in 1954. A trader with an external locus of control might say, "I made a profit because the markets are currently favourable."   Instead, strive to develop an "internal locus of control" and take ownership of your actions.   Assume that all trading results are within your realm of responsibility and actively seek ways to improve your own behaviour.   This is the fastest route to enhancing your trading abilities. A trader with an internal locus of control might proudly state, "My equity curve is rising because I am a disciplined trader who faithfully follows my trading plan." Author: Louise Bedford Source: https://www.tradinggame.com.au/
    • SELF IMPROVEMENT.   The whole self-help industry began when Dale Carnegie published How to Win Friends and Influence People in 1936. Then came other classics like Think And Grow Rich by Napoleon Hill, Awaken the Giant Within by Tony Robbins toward the end of the century.   Today, teaching people how to improve themselves is a business. A pure ruthless business where some people sell utter bullshit.   There are broke Instagrammers and YouTubers with literally no solid background teaching men how to be attractive to women, how to begin a start-up, how to become successful — most of these guys speaking nothing more than hollow motivational words and cliche stuff. They waste your time. Some of these people who present themselves as hugely successful also give talks and write books.   There are so many books on financial advice, self-improvement, love, etc and some people actually try to read them. They are a waste of time, mostly.   When you start reading a dozen books on finance you realize that they all say the same stuff.   You are not going to live forever in the learning phase. Don't procrastinate by reading bull-shit or the same good knowledge in 10 books. What we ought to do is choose wisely.   Yes. A good book can change your life, given you do what it asks you to do.   All the books I have named up to now are worthy of reading. Tim Ferriss, Simon Sinek, Robert Greene — these guys are worthy of reading. These guys teach what others don't. Their books are unique and actually, come from relevant and successful people.   When Richard Branson writes a book about entrepreneurship, go read it. Every line in that book is said by one of the greatest entrepreneurs of our time.   When a Chinese millionaire( he claims to be) Youtuber who releases a video titled “Why reading books keeps you broke” and a year later another one “My recommendation of books for grand success” you should be wise to tell him to jump from Victoria Falls.   These self-improvement gurus sell you delusions.   They say they have those little tricks that only they know that if you use, everything in your life will be perfect. Those little tricks. We are just “making of a to-do-list before sleeping” away from becoming the next Bill Gates.   There are no little tricks.   There is no success-mantra.   Self-improvement is a trap for 99% of the people. You can't do that unless you are very, very strong.   If you are looking for easy ways, you will only keep wasting your time forgetting that your time on this planet is limited, as alive humans that is.   Also, I feel that people who claim to read like a book a day or promote it are idiots. You retain nothing. When you do read a good book, you read slow, sometimes a whole paragraph, again and again, dwelling on it, trying to internalize its knowledge. You try to understand. You think. It takes time.   It's better to read a good book 10 times than 1000 stupid ones.   So be choosy. Read from the guys who actually know something, not some wannabe ‘influencers’.   Edit: Think And Grow Rich was written as a result of a project assigned to Napoleon Hill by Andrew Carnegie(the 2nd richest man in recent history). He was asked to study the most successful people on the planet and document which characteristics made them great. He did extensive work in studying hundreds of the most successful people of that time. The result was that little book.   Nowadays some people just study Instagram algorithms and think of themselves as a Dale Carnegie or Anthony Robbins. By Nupur Nishant, Quora Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
    • $CSCO Cisco Systems stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?CSCOSEPN Septerna stock watch for a bottom breakout, good upside price gap
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.