Recent content by alloy

all market participants can enter orders into the vol. auction. All stocks can go into many intraday vol. auctions, some more so than others

FTSE constituents go into an intraday vol. auction for 5 mins when/if they trade 10% up or down on the day

More experience and observation than anything i can substantiate, but you rarely see a market top with price action like we have seen for the past fortnight, especially with the middle east issues adding more concern to investors, the fact we haven't seen any "significant" follow through on the...

Nonfarm Payrolls Forecasts from the STREET! ... Median Estimate 196 Average Estimate 192 High Estimate 297 Low Estimate 100...

Equities IMO continue to look robust, in lieu of the past 2 years companys have scaled back and as a result have become leaner and meaner, paying attractive dividends and this restructuring has made them more resliant against the perills of the future whilst giving them a stronger base to grow...

Very well put Howard, i respect your view point. What i meant about "systems" is that expectation of a new/improving trader being told the parameters to instigate a "good" trade and then being able to reproduce that with risk on the line is erroneous. Trading isn't a simple formula, it is a...

Profitable "systems" aren't read about on the internet or in a book, the old adage " those that can do, those that can't teach" springs to mind here. Why would anyone give you their trading edge, the more people using it dilutes the edge you have over other market participants. Remember you're...

Hey this is the internet, full of opinion and people from different culture and backgrounds, sand bag away it isn't going to bother me and my trading...

Shrewd observation Black Swan :lol: I'll try and contribute more to the site....

RRS is one dog of a stock as of late, no liquidity in it to get away any size, seemingly lost all correlation with gold as a commodity, rns is always bad news......still every dog has it's day.....

Very rare to see a trader doing tricks while working an order, most big business is done through algos and dark pools. You may get some bots throwing bids and offers in and out. IMO the time consumed studying level 2 is better utilised in other areas of ones trading strategy

Have a look at Directional movement index (ADX and DMI+/-) might be more suited to what i understand your goal to be...

Think of volume as what fuel is to your car. Without fuel you wouldnt expect to get very far in your car, without volume behind a move you are seeing a lack of participation which on the majority of cases means there isn't conviction behind the move...

Not saying your experience is invalid, but basing your market movements and dealings over what are only indicative intentions of potential market participants isn't something that i would consdier valuable to my strategy. Bids and offers get pulled all the time, some of the mid cap stocks are...

Order book is useless, its trades that have gone throughwhich offers some value to a trader