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

    • Date: 29th March 2024. GBPUSD Analysis: The Pound Trades Higher But For How Long? The global Stocks Markets are closed due to Easter Friday (Good Friday). The NASDAQ continued to follow the sideways trend while other indices again rose. The SNP500 reaches an all-time high, but the NASDAQ remains under pressure from Tesla, Meta and Apple. The Euro continues to trade lower against all major currencies including the US Dollar, Euro and Japanese Yen. The British Pound is the best performing currency during this morning’s Asian session. However, investors are largely fixing their attention on this afternoon’s Core PCE Price Index. GBPUSD – The Pound Trades Higher but For How Long? The GBPUSD is slightly higher than the day’s open and is primary due to the Pound’s strong performance. At the moment, the British Pound is increasing in value against all major currencies. However, the US Dollar Index is also trading 0.10% higher and for this reason there is a slight conflict here. If investors wish to avoid this conflict, the EURUSD is a better option. This is because, the Euro depreciating against the whole currency market avoiding the “tug-of-war” scenario. The GBPUSD is trading slightly lower than the 2-month’s average price and is trading at 49.10 on the RSI. For this reason, the price of the exchange is at a “neutral” level and is signalling neither a buy nor a sell. The day’s price action and future signals are possibly likely to be triggered by this afternoon’s Core PCE Price Index. Analysts expect the Core PCE Price Index to read 0.3% which is slightly lower than the previous month but will result in the annual figure remaining at 2.85%. The PCE rate is different to the inflation rate and the Fed aims for a rate between 1.5% to 2.00%. Therefore, even if the annual rate remains at 2.85%, as analysts expect, it would be too high for the Fed. If the rate increases, even if only slightly, the US Dollar can again renew bullish momentum and the stock market can come under pressure. This includes the SNP500. Investors are focused on the publication of data on the UK’s gross domestic product (GDP) for the last quarter of 2023: the quarterly figures decreased by 0.3%, and 0.2% over the past 12-months. This confirms the state of a shallow recession and the need for stimulation. The data, combined with a cooling labor market and a steady decline in inflation, increase the likelihood that the Bank of England will soon begin interest rate cuts. In the latest meeting the Bank of England representatives did not see any members vote for a hike. USA500 – The SNP500 Rises to New Highs, But Cannot Hold Onto Gains! The price of the SNP500 rises to an all-time high, before correcting 0.33% and ending the day slightly lower than the open price. Nonetheless, the index performs better than the NASDAQ which came under pressure from Tesla, Meta and Apple which hold a higher weight compared to the SNP500. For the SNP500, these 3 stocks hold a weight of 9.25%, whereas the 3 stocks make up 14.63% of the NASDAQ. The SNP500 is also supported by ExxonMobil’s gains due to higher energy prices. The market will remain closed on Friday due to Easter. However, the market will reopen on Monday for the US and investors can expect high volatility. Investors will also need to take into consideration how the PCE Price Index and the changed value of the US Dollar is likely to affect the stock market next week. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • MT4 is good and will be good until their parent company keep updating the software, later mt4 users will have to switch to mt5.
    • $SOUN SoundHound AI stock at 5.91 support area , see https://stockconsultant.com/?SOUN
    • $ELEV Elevation Oncology stock bull flag breakout watch , see https://stockconsultant.com/?ELEV
    • $AVDX AvidXchange stock narrow range breakout watch above 13.32 , see https://stockconsultant.com/?AVDX
×
×
  • Create New...

Important Information

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