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.

carltonp

IB and Price Pauses

Recommended Posts

Hello Traders,

 

I wonder if someone would be so kind as to tell me if they observed the price pausing for YM on 12/13/11 (and today) at the following times and prices:

 

On 12/13/11, YM paused at the times specified below at the stated prices.

 

PRICE START TIME END TIME TIME DIFFERENCE

12127 14:05:51 14:07:55 0:02:04

12126 14:08:37 14:09:22 0:00:45

12087 14:17:31 14:18:25 0:00:54

12025 14:58:40 14:59:45 0:01:05

 

Today, 12/14/11 YM paused at the prices stated below

PRICE START TIME END TIME TIME DIFFERENCE

11818 15:22:57 15:24:28 0:01:31

11845 15:53:12 15:22:00 0:01:48

 

 

So, for example, on 12/13/11 I observed the price for YM remain at 12127 for 2mins at 4 seconds. Did anyone see that?

 

Today, I observed the price for YM remain 11818 for 1min and 31 seconds and so on ... Again did anyone else notice that?

 

Please let me know, as I'm not sure if I this is common or should complain to Interactive Broker.

 

Really appreciate your feedback on this.

 

Cheers

 

Carlton

Share this post


Link to post
Share on other sites
Hello Traders,

 

I wonder if someone would be so kind as to tell me if they observed the price pausing for YM on 12/13/11 (and today) at the following times and prices:

 

On 12/13/11, YM paused at the times specified below at the stated prices.

 

PRICE START TIME END TIME TIME DIFFERENCE

12127 14:05:51 14:07:55 0:02:04

12126 14:08:37 14:09:22 0:00:45

12087 14:17:31 14:18:25 0:00:54

12025 14:58:40 14:59:45 0:01:05

 

Today, 12/14/11 YM paused at the prices stated below

PRICE START TIME END TIME TIME DIFFERENCE

11818 15:22:57 15:24:28 0:01:31

11845 15:53:12 15:22:00 0:01:48

 

 

So, for example, on 12/13/11 I observed the price for YM remain at 12127 for 2mins at 4 seconds. Did anyone see that?

 

Today, I observed the price for YM remain 11818 for 1min and 31 seconds and so on ... Again did anyone else notice that?

 

Please let me know, as I'm not sure if I this is common or should complain to Interactive Broker.

 

Really appreciate your feedback on this.

 

Cheers

 

Carlton

 

are those exchange time you are quoting?

which month you are tracking?

 

 

in case you are not aware...

 

1. YM RTH closes at 15:15

 

2. YM rollover was last Thursday

Edited by Tams

Share this post


Link to post
Share on other sites
...

Please let me know, as I'm not sure if I this is common or should complain to Interactive Broker.

 

Really appreciate your feedback on this.

 

Cheers

 

Carlton

 

I don't know what are you going to complain about.

 

Interactivebrokers broadcasts the same quotes to all the clients.

It is like a radio broadcast, everybody receives the same quote from the same source at the same origin.

 

If there is any delay at IB, everybody would receive the same delay.

 

If you are the only one that receives delayed data, then the delay would have been caused by something somewhere between Interactivebrokers and your computer.

Share this post


Link to post
Share on other sites
are those exchange time you are quoting?

which month you are tracking?

 

 

in case you are not aware...

 

1. YM RTH closes at 15:15

 

2. YM rollover was last Thursday

 

Hi Tams, as always thanks for responding (you are so helpful).

 

I have to admit, I wasn't aware that YM had rolled over last Thursday. I've been tracking December, 2011. Should I be tracking March, 2012?

 

Cheers

Share this post


Link to post
Share on other sites
here's my data from interactivebrokers.

 

it is the same data you have, you can compare them to see if your ISP caused any discrepancies.

 

Tams, I've been looking at your quotes for 12/13/11, however I don't see any of my quotes listed. For example, just doing a search for YM price of12127, I'm not seeing anything in your attachment ......

Share this post


Link to post
Share on other sites
Tams, I've been looking at your quotes for 12/13/11, however I don't see any of my quotes listed. For example, just doing a search for YM price of12127, I'm not seeing anything in your attachment ......

 

Tams, as you can see from the attachment, the price of YM at 19:05:51 GMT (14:05:51 EST) is 12127, for just over 2 minutes the price is still at 12127. However, I don't see that price in your attachment.....

ym12127.jpg.f0ca838234658ac7b32d1faaf2d59135.jpg

ym12127-2mins.jpg.01d4a0c943a5e54b05025a6957c41912.jpg

Share this post


Link to post
Share on other sites
Hi Tams, as always thanks for responding (you are so helpful).

 

I have to admit, I wasn't aware that YM had rolled over last Thursday. I've been tracking December, 2011. Should I be tracking March, 2012?

 

Cheers

 

the rollover for index futures is 8 days before expiry.

yes, you MUST change contract to the active month, which is Mar 2012.

 

the trading activity of the current month drops dramatically after rollover,

thus you see the extended "price pause".

 

you can call up both months and compare the volume difference.

 

see this article for info

Rollover Days

Share this post


Link to post
Share on other sites
Does it not reopen at 15mins later at 15:30?

 

Cheers

 

you should pay attention to volume activities

 

please the volume bars on the bottom of your chart.

observe the volume level between RTH and after hours.

Share this post


Link to post
Share on other sites
Tams, I've been looking at your quotes for 12/13/11, however I don't see any of my quotes listed. For example, just doing a search for YM price of12127, I'm not seeing anything in your attachment ......

 

that's because the quotes I attached above are for the active month -- Mar 2012.

Share this post


Link to post
Share on other sites
the rollover for index futures is 8 days before expiry.

yes, you MUST change contract to the active month, which is Mar 2012.

 

the trading activity of the current month drops dramatically after rollover,

thus you see the extended "price pause".

 

you can call up both months and compare the volume difference.

 

see this article for info

Rollover Days

 

Thanks ever-so-much Tams, that explains it for me.

 

Cheers mate...

Share this post


Link to post
Share on other sites
you should pay attention to volume activities

 

please the volume bars on the bottom of your chart.

observe the volume level between RTH and after hours.

 

Once again, thanks Tams. You have been truly helpful with my journey.....

Share this post


Link to post
Share on other sites
Tams, am I correct in the above statement? Also, if YM closes at 15:15, how is it that I have traded YM after that time?

 

Cheers

 

you should always study the contract specification before you start trading the instrument.

The document is available at the exchange's website.

 

 

the market re-opens after RTH for the over night session, that's why your trade gets executed after close.

Share this post


Link to post
Share on other sites
Once again, thanks Tams. You have been truly helpful with my journey.....

 

You are welcome. Glad I can help.

 

Everybody starts at the same place, I was there once.

Share this post


Link to post
Share on other sites
you should always study the contract specification before you start trading the instrument.

The document is available at the exchange's website.

 

 

the market re-opens after RTH for the over night session, that's why your trade gets executed after close.

 

I thought I read that YM close at 15:15pm for maintenance and then re-opened at 15:30pm. Is that incorrect?

 

Cheers

Share this post


Link to post
Share on other sites
You are welcome. Glad I can help.

 

Everybody starts at the same place, I was there once.

 

Hi Tam,

 

You may recall that I've been using Excel to develop a system based on trading at levels where price pauses. The attached is typical of the type of wining/losing trades I have been achieving using the system. I trade two hours a day - 14:00 - 16:00.

 

I wonder if I could ask you (or any trader willing to comment) to take a look at the trade log for 12/13/11 and let me know if that is typical of what traders would expect to be earning per day.

 

Without being condescending, Blue represents profits, Red represents losses.

 

Cheers

mysystem.jpg.354b299d2fab5b359227cb8af54c4a9c.jpg

Share this post


Link to post
Share on other sites
I thought I read that YM close at 15:15pm for maintenance and then re-opened at 15:30pm. Is that incorrect?

 

Cheers

 

read my post again... the answer is there.

Share this post


Link to post
Share on other sites
Hi Tam,

 

You may recall that I've been using Excel to develop a system based on trading at levels where price pauses. The attached is typical of the type of wining/losing trades I have been achieving using the system. I trade two hours a day - 14:00 - 16:00.

 

I wonder if I could ask you (or any trader willing to comment) to take a look at the trade log for 12/13/11 and let me know if that is typical of what traders would expect to be earning per day.

 

Without being condescending, Blue represents profits, Red represents losses.

 

Cheers

 

what is the time zone of 14:00 - 16:00 ? New York time? Exchange time?

 

 

every trader is different... you have to be comfortable with your expectation and risk tolerance.

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.


×
×
  • Create New...

Important Information

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