[Soultrader]

Originally Posted by RobinHood »

James, I really like the way you've setup your charts! CQG looks like a very nice platform too.


You point out an area on the tape where some significant size entered, 300 lots, 100 and 30s. But each of these was on successively lower prices. 85-80-75. I'm guessing these were at the ask in the shakeout type area where you wrote "big lots appear on buy side" and under those orange diamonds.

What are the diamonds btw? also what determines whether your vol bars are blue or red (I don't see any correlation to the close relative to previous bar etc) ?

Thanks for sharing!

Thanks! I do not entirely recall the tape on this day, but by looking at the picture I posted the big lots most likely hit the ask. Its not often you see a 300 lot on the KOSPI so I must of been alerted when this happened.

The diamonds are simply paintbar like tools. I have a set formula to help me identify rejection patterns visually. Its based on the spread of the bar and volume in comparison with previous bars.

The volume panel... red simple means less volume than one bar before. Blue simply means more volume than one bar before. Hope this helps.