If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Crude Oil you need to check out http://www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Look At The Way High Frequency Trading Has Changed The Markets 27th feb 2013. As you can see from the video the over 70 percent of all trading now controlled by computer algorithms or trading bots move the market in a very different way. We are seeing a lot more straight line moves now more and more with out any pullback at all. A lot of people wonder how to trade against these bots, well our motto is follow The bots and thats what you can do with sceeto http://sceeto.com/user/register/ . Sceeto software tracks all the hft activity and order flow across the futures markets and alerts you in real time when the bots are buying or selling. When they are selling it's better to sell with them and when they are buying buy, why?, because they control the market and you don't want to trade against the bots , you should trade with them, you will find that it will help you to win more trades plain and simple as that !
You can get sceeto for Ninjatrader, tradeStation, Sierra Charts and Multicharts.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Make Points Not Ticks Consistently With Sceeto Emini Trading Setups on 22nd feb 2013. using sceeto http://sceeto.com/user/register and Follow The Bots http://www.followthebots.com here is another of our training videos showing you very consistent setups for trading the Emini futures. Our setups are well planned in advance and using sceeto to monitor the order flow and hft trading bot activity you can have a lot of confidence in entering a trade. Please take our trial and check it out as well as our other training videos here on this channell. Supercharge your trading .
text courtesy of Wikipedia Creative Commons Licence
E-Mini S&P, often abbreviated to "E-mini" (despite the existence of many other E-mini contracts) and designated by the commodity ticker symbol ES, is a stock market index futures contract traded on the Chicago Mercantile Exchange's Globex electronic trading platform. The notional value of one contract is 50 times the value of the S&P 500 stock index.
It was introduced by the CME on September 9, 1997, after the value of the existing S&P contract (then valued at $500 times the index, or over $500,000 at the time) became too large for many small traders. The E-Mini quickly became the most popular equity index futures contract in the world. The original ("big") S&P contract was subsequently split 2:1, bringing it to $250 times the index. Hedge funds often prefer trading the E-Mini over the big S&P since the latter still uses the open outcry pit trading method, with its inherent delays, versus the all-electronic Globex system. The current average daily implied volume for the E-mini is over $100 billion, far exceeding the combined traded dollar volume of the underlying 500 stocks.[1][2][3]
Following the success of this product, the exchange introduced the E-mini NASDAQ-100 contract, at one fifth of the original NASDAQ-100 index based contract, and many other "mini" products geared primarily towards small speculators, as opposed to large hedgers.
In June 2005 the exchange introduced a yet smaller product based on the S&P, with the underlying asset being 100 shares of the highly-popular SPDR exchange-traded fund. However, due to the different regulatory requirements, the performance bond (or "margin") required for one such contract is almost as high as that for the five times larger E-Mini contract. The product never became popular, with volumes rarely exceeding 10 contracts a day.
The E-Mini contract trades 23 hours a day from 5:00pm -- 4:15pm the next day (excluding the 3:15pm -- 3:30pm maintenance shutdown), five days a week, on the March quarterly expiration cycle.
According to US government investigations the sale of 75,000 E-mini contracts by a single trader was the trigger to cause the 2010 Flash Crash.[4][5][6] This claim was later refuted by the Chicago Mercantile Exchange.[7][8]
Algorithmic trading, also called automated trading, black-box trading, or algo trading, is the use of electronic platforms for entering trading orders with an algorithm which executes pre-programmed trading instructions whose variables may include timing, price, or quantity of the order, or in many cases initiating the order without human intervention.
Algorithmic trading is widely used by investment banks, pension funds, mutual funds, and other buy-side (investor-driven) institutional traders, to divide large trades into several smaller trades to manage market impact and risk.[1][2] Sell side traders, such as market makers and some hedge funds, provide liquidity to the market, generating and executing orders automatically.
A special class of algorithmic trading is "high-frequency trading" (HFT). Many types of algorithmic or automated trading activities can be described as HFT. As a result, in February 2012, the Commodity Futures Trading Commission (CFTC) formed a special working group that included academics and industry experts to advise the CFTC on how best to define HFT.[
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Emini Trade Room ,Sceeto And Market Profile report 21st Feb 2013. For the absolute best trading room for intraday or daytrading please check out http://www.followthebots.com and also check out some of the software we use to help you the trader track all the order flow and high frequency trading in real time http://sceeto.com/user/register . We give you a live market profile as well as great trade setups all called out in advance. Our aim is to help you make a lot of points not just ticks. Sceeto and Follow The Bots work together beautifully, come check us out we think you will love it.
text Courtesy Of Wikipedia Creative Commons Licence
A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking to evaluate market value as it developed in the day time frame. Steidlmayer's charts displayed a bell shape, fatter at the middle prices, with activity trailing off at the higher and lower prices. In this structure he recognized the 'Normal', gaussian distribution he had met with in college statistics, (3).
The Market Profile graphic was introduced to the public in 1985 as a part of a CBOT product, the CBOT Market Profile (CBOTMP1) (2). CBOTMP1 included the new Liquidity Data Bank (LDB) data; end-of-day clearings, identified by the class of trader in the pits ( (1) local, (2) commercial, (3) members filling for other members and (4) members filling orders for the public). The Profile was proposed as a trading methodology for using these new data. CBOTMP1 advertised the Profile/LDB as the way to 'Improve Performance'. It is described as "the only variable-cost ticker service in the commodities industry."
The promotional material says the Profile is to be the link between the CBOT data and the market. A Profile graphic is to be used to tell "what the market is doing"; the LDB data is for finding the market's 'condition'. As a part of the data-display connection in CBOTMP1, the price of the peak cleared volume is identified as the Point of Control (POC). Following the normal distribution analogy, the central seventy percent of trading activity about POC (+/- one standard deviation) is termed the 'Value Area'.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Live Trades Emini Trade Room Report On The 20th Feb 2013. well today was another outstanding day for sceeto and Follow The Bots . get a free trial at http://sceeto.com/user/register and also our live room at http://www.FollowTheBots.com . Knowing the market map for the expected range for the day and using sceeto to confirm the move down a lot of our users caught aprox 15 points today on the Emini futures not bad at all. Our indicators detected very early that the market was moving down and this was cofirmed each step of the way. Remember our indicators do not lag and you also would have had the information from Follow the Bots from the nighth before so you would have had a lot more confidence entering the trade downwards.
Our setup is totally unique, we don't think anyone before has put order flow as well as high frequency trading live alerts together with as good a market map and auction market theory as we have. Please do check it out for yourself, it may just supercharge you trading and improve your win loss ratio for the better.
We hope to see you soon. lets all win together.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
A great 8 point move on the Emini caught by Sceeto and Follow The Bots on the 19th Feb 2013. Sceeto monitors high frequency trading as well as order flow and alerts you in real time right on your charts. Get a free trial here http://sceeto.com/user/register . Combined with our new website http://www.FollowTheBots.com where bill Duyrea gives excellent overall market profile as well as the daily support and resistance price targets it is a great combination. Our users today are raving as to the great 8 points they captured thanks to the two together. If you want to try make points rather than ticks you realy should consider joining us for our live calls and alerts. Everything is called out in advance and a market profile is given the night before. Change your trading for the better with sceeto andFollow The Bots, we are sure you have never seen a Emini live trading room quite like it.
text courtesy of Wikipedia Creative Commons Licence
Proactive support and resistance methods are 'predictive' in that they often outline areas where price has not actually been. They are based upon current price action that through analysis has been shown to be predictive of future price action. Proactive support and resistance methods include Measured Moves, Swing Ratio Projection/Confluence (Static (Square of Nine), Dynamic (Fibonacci)), Calculated Pivots, Volatility Based, Trendlines and Moving averages, VWAP, Market Profile (VAH, VAL and POC).
Reactive support and resistance are the opposite: they are formed directly as a result of price action or volume behaviour. They include Volume Profile, Price Swing lows/highs, Initial Balance, Open Gaps, certain Candle Patterns (e.g. Engulfing, Tweezers) and OHLC.
A price histogram is useful in showing at what price a market has spent more relative time. Psychological levels near round numbers often serve as support and resistance. More recently, volatility has been used to calculate potential support and resistance.
Both proactive and reactive support and resistance methods have merit and form a staple part of any support and resistance based trading strategy.
Identifying support and resistance levels
Support and resistance levels can be identified by trend lines. Some traders believe in using pivot point calculations.
The more often a support/resistance level is "tested" (touched and bounced off by price), the more significance given to that specific level.
If a price breaks past a support level, that support level often becomes a new resistance level. The opposite is true as well, if price breaks a resistance level, it will often find support at that level in the future.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Daily Market HFT Report Sceeto And Follow The Bots 14th Feb 2013 Emini Futures. http://sceeto.com/user/registerhttp://followthebots.com . Here is todays recap showing again how consistent sceeto is with it's setups that repeat more or less daily giving you the trader a better chance at making very consistent profits. This is down to the fact sceeto alerts you in real time and surfaces the information directly into your charts. whether you use NinjaTrader , TradeStation , Sierra Charts or MultiCharts you'll love sceeto. High frequency trading or HFT dominates todays markets so every trader should be aware of it, but until now there was no easy, clear real time live way for the ordinary trader to know exactly what is going on in the markets.
Added to that sceeto tracks all the order flow by the big institutions and banks etc that also move the market these are often known as iceberg orders and leave large footprints that we can track.
Combining sceeto with our new live Emini trade room Follow The Bots is a traders dream come true. Clearly stated targets and objectives are called out in advance in the trading room which in conjunction with our indicators make it simple for any trader to spot an oppourtunity there and then.
Join us now it will open your eyes to the trades you have been missing.
check out our other videos to learn more about how our indicators work before youb sign up for our free trial so you can get the best possible use of the trial.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Live Emini Trade Room . This is the daily report for trading the S&P 500 Emini Futures on the 13th of feb 2013 . Sceeto in conjunction with Follow The Bots are launching their new trading room soon. Sign up for sceeto indicators here, there is a free trial. Also when at sceeto please also email us to register your interest in our new room when it starts. We will email you when it is live in a few days. http://sceeto.com/user/register you will be able to see the site soon at http://www.followthebots.com
Ok so we hear you ask two things why do i need sceeto and why do i need to go to this trading room in particular ? Well two reasons first of all our set of real time indicators are some of the most unique in the world as is Follow The Bots. We monitor all the order flow in the futures and equities markets as well as the high frequency trading and alert you live in your charts when the bots are buying or selling. Remember order flow moves before price, combine this with our live auction market theory and market profile in the trade room and it is a powerful complete system for any trader.
Set ups intraday and longer term are called out well in advance and the entire market profile chart for the day is given well in advance of the market open. We take into account the globex overnight session and the previous weeks high and lows as well as other support and resistance points to give you crytsal clear trade setups. most of the setups we give are usually for a few points at least sometimes several. because you know before the stock exchanges open at 9.30 am eastern time you don't have to worry about missing a setup. The setups and trade oppourtunites are also updated in real time as the market profile may change during the course of the day.
So what are you waiting for get your free trial of sceetpo and email us so you can join us in probably the worlds most unique live emini trading room.
text courtesy of Wikipedia Creative Commons Licence
A trading room gathers traders operating on financial markets. The trading room is also often called the front office. The terms "dealing room" and "trading floor" are also used, the latter being inspired from that of a open outcry stock exchange. As open outcry is gradually replaced by electronic trading, the trading room gets the only living place that is emblematic of the financial market. It is also the likeliest place within the financial institution where the most recent technologies are implemented before being disseminated in its other businesses.From the late 1980s, worksheets have been rapidly proliferating on traders' desktops while the head of the trading room still had to rely on consolidated positions that lacked both real time and accuracy. The diversity of valuation algorithms, the fragility of worksheets incurring the risk of loss of critical data, the mediocre response times delivered by PCs when running heavy calculations, the lack of visibility of the traders' goings-on, have all raised the need for shared information technology, or enterprise applications as the industry later called it.
But institutions have other requirements that depend on their business, whether it is trading or investment.Trend following is an investment strategy based on the technical analysis of market prices, rather than on the fundamental strengths of the companies. It tries to take advantage of long, medium and short-term moves that seem to play out in various financial markets. The strategy aims to work on the market trend mechanism and is intended to be capable of making profits from both the ups and downs of the markets. Traders who use this approach can use current market price calculation, moving averages and channel breakouts to determine the general direction of the market and to generate trade signals (Forex Signals). Traders who employ this strategy do not aim to forecast or predict specific price levels; they simply jump on the trend and ride it. Due to the different techniques and time frames employed by trend followers to identify trends, trend followers as a group are not always correlated to one another.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
High Frequency Trading Alerts Live Daily Report 12th Feb 2013 for trading the S&P Emini Futures. Sceeto and Follow The Bots Will help you by showing you live order flow alerts right in your charts as well as high frequency trading and also with http://www.followthebots.com you will get detailed trade setups and market profile information live register for a free trial of sceeto now . http://sceeto.com/user/register
Everyone probably knows at this stage that hfts are now responsible for up to plus 70% of all daily volume on the US stock market . Before sceeto traders had very few options to try and trade against the high frequency traders which is why we creaated sceeto .Firstly sceeto runs it's own algorithms which are designed to track the hfts and their trading bots, thats why we have the motto "follow the bots" What this means for you the trader is instead of trying to fight the bots trade with them in the direction they are trading. This will help you by keeping you on the correct side of more winning trades. We surface alerts live in real time in your charts in the following trading platforms, Ninjatrader, TradeStation, SierraCharts and Multicharts . You pay for real time price data, maybe it's time you got real time order flow and high frequency trading alerts and market profile information too.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Follow The Bots Emini Trading And HFT Daily Report 11th Feb 2013. To run sceeto yourself when using trade setups from Follow The Bots please get a free trial at http://sceeto.com/user/register , you can be notified of our trade setups live at http://www.followthebots.com . This Live Emini trade room is very different, we call the setups in advance in great detail and advise you of potential pullbacks etc. It's not all frantic quick calls that are easy to miss these are nice and slow and accurate and if you miss one setup you don't have to worry as you can be sure there is another one.
We want to help you win more trades so put the power of our hft monitoring software together with auction market theory and market profile to do just that, join us today.
text courtesy of Wikipedia Creative Commons licence
Volume is said to identify signs of continuation or change, to infer the directional facilitation of trade, but "volume data, by itself, is meaningless". The reason given is that "it is essential to know what market participants are doing". Many 'profile readings' are shown in both CBOTMP1 and CBOTMP2, inferring who is trading what and what message they are sending. One method, apparently, is to see if volume is increasing to the upside or downside intra-day. It should be noted that the LDB data discussed here is end of day. Some time later the CBOT began releasing clearings during the day on the half hour. These clearings when compared to tick data indicate an approximately half hour delay. It is not explained just how reading trade facilitation with delayed data is effected.
At the beginning of the day the first hour of trading creates a range (the Initial Balance). Then, as additional information on the day's trading continued, certain chart formations, called day types, are recognized. These formations have names (1), (2), such as 'neutral day', non-trend day, trend day, etc. Another concept, the 'third standard deviation' or Steidlmayer Distribution has been discussed (1) possibly in support of day types. The Steidlmayer Distribution begins as the current, equilibrium, distribution moves out of equilibrium (1, p 175).
Objective and Subjective Elements in a Market Profile
The objective part of a Market Profile is the profile display. This comes directly from the data itself, creating TPO's (either from LDB or tick data (11)). A key element is the Initial Balance, the range and price location of the first hour of trading.
Subjectively, Steidlmayer recognized a few behavior patterns or 'Day Types' in the early part of the day (tied to the Initial Balance), defining 3 types (CBOTMPG1, Pg 12) and later, 4 (CBOTMP2, PG 4, 12). Each type developed certain characteristics, telling which sort of trader is in control (short term traders, longer traders, etc.). Mind Over Markets lists 9 day types (9). See reference 10 for a discussion of this point.
Day types, of course is chart reading and forecasting. The well known problem with interpreting charts is the multitude of potential interpretations for most any chart. Mastery theory offers some hope for traders who are willing to spend the time and effort in understanding the auction market environment. But that path can well take 10,000 hours of training. A large part of CBOTMPG1 and more particularly, CBOTMPG2, is devoted to 'reading' the profile as it develops throughout the day. CBOTMPG1 suggests that it will take six months to a year to learn the Market Profile methodology.
Limitations on Market Profile
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Follow The Bots And Sceeto Live Emini Trading Room Launching Daily report 8th Feb 2013. With the huge snowstorm on the east Coast of the United States today it was a slow day in the markets as a lot of traders cashed out early to beat the snow home.
Please review our recent video examples of some of our trade setups that we posted earlier in the week you will learn quite a bit about sceeto and how it works.
Why not also register for a free trial of sceeto at http://sceeto.com/user/register . Also if you want to register your interest in receiving more info about our live Emini trade room and the setups we will be providing daily then send us an email at sceeto membership is limited so do email earlier rather than later.
It's a very unique room as it uses our high frequency trading algorithms and software along with market profile and auction market theory to pick great trades for you. We assist you in catching moves and want to get you as many points as possible, ticks are fine but we want our mebers to make many points profit each day.
So check out our live Emini trading room we are sure you will love it.
tect courtesy of Wikipedia creative commons licence
Auction theory is an applied branch of economics which deals with how people act in auction markets and researches the properties of auction markets. There are many possible designs (or sets of rules) for an auction and typical issues studied by auction theorists include the efficiency of a given auction design, optimal and equilibrium bidding strategies, and revenue comparison. Auction theory is also used as a tool to inform the design of real-world auctions; most notably auctions for the privatisation of public-sector companies or the sale of licenses for use of the electromagnetic spectrum.
Game-theoretic models of auctions and strategic bidding generally fall into either of the following two categories. In a private value model, each participant (bidder) assumes that each of the competing bidders obtains a random private value from a probability distribution. In a common value model, each participant assumes that any other participant obtains a random signal from a probability distribution common to all bidders. Usually, but not always, a private values model assumes that the values are independent across bidders, whereas a common value model usually assumes that the values are independent up to the common parameters of the probability distribution.
Ex-post equilibrium in a simple auction market.
When it is necessary to make explicit assumptions about bidders' value distributions, most of the published research assumes symmetric bidders. This means that the probability distribution from which the bidders obtain their values (or signals) is identical across bidders. In a private values model which assumes independence, symmetry implies that the bidders' values are independently and identically distributed (i.i.d.).
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Live Emini Trade Room HFT And Order Flow Setups 7th Feb 2013. Register your interest now for one of the most unique trade rooms in the world that combines order flow and monitoring high frequency trading with auction market theory as well as market profile and data profile to alert you and show you very profitable setups occuring in the Eminis daily. Please email us at sceeto for more details. The room will be live over the next few days at http://www.followthebots.com but as stated please email to register your interest as it is limited membership.
Please also take a trial of sceeto for monitoring hft at http://sceeto.com/user/register , sceeto gives you live alerts when the hfts are trading as well as the amount of buy and sell order flow which of course moves price so if you monitor this you can catch the price moves often before they happen.
text courtesy of wikipedia creative commons licence
A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking to evaluate market value as it developed in the day time frame. Steidlmayer's charts displayed a bell shape, fatter at the middle prices, with activity trailing off at the higher and lower prices. In this structure he recognized the 'Normal', gaussian distribution he had met with in college statistics, (3).
The Market Profile graphic was introduced to the public in 1985 as a part of a CBOT product, the CBOT Market Profile (CBOTMP1) (2). CBOTMP1 included the new Liquidity Data Bank (LDB) data; end-of-day clearings, identified by the class of trader in the pits ( (1) local, (2) commercial, (3) members filling for other members and (4) members filling orders for the public). The Profile was proposed as a trading methodology for using these new data. CBOTMP1 advertised the Profile/LDB as the way to 'Improve Performance'. It is described as "the only variable-cost ticker service in the commodities industry."
The promotional material says the Profile is to be the link between the CBOT data and the market. A Profile graphic is to be used to tell "what the market is doing"; the LDB data is for finding the market's 'condition'. As a part of the data-display connection in CBOTMP1, the price of the peak cleared volume is identified as the Point of Control (POC). Following the normal distribution analogy, the central seventy percent of trading activity about POC (+/- one standard deviation) is termed the 'Value Area'. Volume is said to identify signs of continuation or change, to infer the directional facilitation of trade, but "volume data, by itself, is meaningless". The reason given is that "it is essential to know what market participants are doing". Many 'profile readings' are shown in both CBOTMP1 and CBOTMP2, inferring who is trading what and what message they are sending. One method, apparently, is to see if volume is increasing to the upside or downside intra-day. It should be noted that the LDB data discussed here is end of day. Some time later the CBOT began releasing clearings during the day on the half hour. These clearings when compared to tick data indicate an approximately half hour delay. It is not explained just how reading trade facilitation with delayed data is effected.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Review Of Some Consistently Profitable Setups For The Emini Futures. This is a follow up video to our video titled 30th January 2013 Great Example Of Long Term Swing Trading Using Sceeto you can see it here . http://www.youtube.com/watch?v=1Ezi6X1Mh4s Rather than just scalping one or two ticks it is always nice when you can get in on a trade that gives you several points not just ticks. Big moves will totally make your month when they happen. In conjunction with sceeto for monitoring order flow and high frequency traders or hft's , these setups tend to happen over and over agin. To get a free trial of sceeto and it's indicators go to http://sceeto.com/user/register . Please also note that we have a live trading room starting this week at http://www.followthebots.com not only will we be using sceeto live but you will also get live commentary as regards market profile and the whole auction market process in the eminis. Check it out we know you'll like it.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
HFT Daily Report Follow The Bots Alerts 5th Feb 2013 for trading the S&P 500 Emini Futures. Firstly if you want to Follow The Bots yourself firstly why not get a free trial of our outstanding software for detecting High Frequency trading and order flow here http://sceeto.com/user/register . Secondly if you are serious about making points and making money on the Eminis you may also want to join us for our new live trading room starting this week at http://www.followthebots.com . This is a very unique trading room as you will have live commentary utilizing sceeto technolgy for detecting the order flow and hfts as well as market profile and market mapping all combined live to help you gain more ticks and points.
Bill Duyrea from the IOAMT Institute of Auction Market theory will be doing live commentary and setups. Bill has over 22 years of data profiling experience doing market profiling especially for the Emini and has worked closely with sceeto to combined the latest technolgy to help you trade in these fast computer dominated electronic markets. So sign up for the free trial and then also why not sign up for Follow The Bots , together you won't believe how powerful they are. Change your trading for the better.
Text courtesy of Wikipedia Creative commons licence
A trading room gathers traders operating on financial markets. The trading room is also often called the front office. The terms "dealing room" and "trading floor" are also used, the latter being inspired from that of a open outcry stock exchange. As open outcry is gradually replaced by electronic trading, the trading room gets the only living place that is emblematic of the financial market. It is also the likeliest place within the financial institution where the most recent technologies are implemented before being disseminated in its other businesses.Before the sixties or seventies, the banks' capital market businesses were mostly split into many departments, sometimes scattered at several sites, as market segments: money market (domestic and currencies), foreign exchange, long-term financing, exchange, bond market. By gathering these teams to a single site, banks want to ease:a more efficient broadcast of market information, for greater reactivity of traders; idea confrontation on market trends and opportunities;
desk co-ordination towards customers . An investment bank's typical room makes a distinction between :
traders, whose role is to offer the best possible prices to sales, by anticipating market trends. After striking a deal with a sales, the trader arranges a reverse trade either with another trader belonging to another entity of the same institution or to an outside counterparty;
market-makers, acting like wholesalers. Trades negotiated by market-makers usually bear standard terms.
Sales make deals tailored to their corporate customers' needs, that is, their terms are often specific. Focusing on their customer relationship, they may deal on the whole range of asset types.
Desk.Many large institutions have grouped their cash and derivative desks, while others, such as UBS or Deutsche Bank, for example, giving the priority to customer relationship, structure their trading room as per customer segment, around sales desks.[1]
Some large trading rooms hosts offshore traders, acting on behalf of another entity of the same institution, located in another time-zone. One room in Paris may have traders paid for by the New York subsidiary, and whose working hours are consequently shifted. On the foreign exchange desk, because this market is live on a 24/24 basis, a rolling book organisation can be implemented, whereby, a London-based trader, for instance, will inherit, at start of day, the open positions handed over by the Singapore, Tokyo, or Bahrein room, and manages them till his own end-of-day, when they are handed over to another colleague based in New York.Some institutions, notably those that invested in a rapid development (RAD) team, choose to blend profiles inside the trading room, where traders, financial engineers and front-office dedicated software developers sit side by side. The latter therefore report to a head of trading rather than to a head of IT.More recently, a profile of compliance officer has also appeared; he or she makes sure the law, notably that relative to market use, and the code of conduct, are complied with.
The middle office and the back office are generally not located in the trading room.
The organisation is somewhat simpler with asset management firms : http://www.youtube.com/watch?v=dVYqSYgoNcI http://www.youtube.com/watch?v=629oaWU4Tr4 http://www.youtube.com/watch?v=_VYJn-SLgYM http://www.youtube.com/watch?v=o9Au1qDB_zc http://www.youtube.com/watch?v=NrUjpSbV1gc http://www.youtube.com/watch?v=UE3GkS6c4fo http://www.youtube.com/watch?v=SbXRZEUQ2Hw http://www.youtube.com/watch?v=LBlo5U0fi5k http://www.youtube.com/watch?v=24hXj0V_AeI
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Can't Beat Them ? Join Them High Frequency Trading 4th Febuary 2013 Daily Report for trading the S&P 500 Emini futures. Our motto is we follow the bots, if you want to follow the bots and join in when they are sending the market up or downget a free trial at http://sceeto.com/user/register . If you are familar with order flow and high frequency trading also called hft you will realise how important it is to be able to monitor it as the buy and sell hft's and order flow change before price does and is what moves the markets. But up until now there wasn't an easy way to do this , well thankfully now there is sceeto gives you real time alerts when the bots are trading, we tell you whether they are buying or selling and surface that information in real time in your charts. You ride a wave you don't fight it, thats why we think it is best to trade with the bots and not against them. That way you will win more trades pure and simple if you stick to a good money management and trading plan. Whatever your preferred market we have live alerts and signals for the S&P 500 Emini, The Dow Jones 30 YM, The Russell TF, Gold, Crude Oil, Stoxx 50, the German Dax and of course not forgeting all the Forex traders out there looking for a no lag real time leading forex indicator , we have the Euro USD 6e futures.
Try the free trial we are sure you will be a customer for many years after as it will be an eye opening experience for you as to how the markets really work.
Text courtesy of Wikipedia creative commons
While fundamental analysts examine earnings, dividends, new products, research and the like. Technicians also employ many techniques, one of which is the use of charts. Using charts, technical analysts seek to identify price patterns and market trends in financial markets and attempt to exploit those patterns.[10] Technicians use various methods and tools, the study of price charts is but one.
Technicians using charts search for archetypal price chart patterns, such as the well-known head and shoulders or double top/bottom reversal patterns, study technical indicators, moving averages, and look for forms such as lines of support, resistance, channels, and more obscure formations such as flags, pennants, balance days and cup and handle patterns.[11]
Technical analysts also widely use market indicators of many sorts, some of which are mathematical transformations of price, often including up and down volume, advance/decline data and other inputs. These indicators are used to help assess whether an asset is trending, and if it is, the probability of its direction and of continuation. Technicians also look for relationships between price/volume indices and market indicators. Examples include the relative strength index, and MACD. Other avenues of study include correlations between changes in Options (implied volatility) and put/call ratios with price. Also important are sentiment indicators such as Put/Call ratios, bull/bear ratios, short interest, Implied Volatility, etc.
There are many techniques in technical analysis. Adherents of different techniques (for example, candlestick charting, Dow Theory, and Elliott wave theory) may ignore the other approaches, yet many traders combine elements from more than one technique. Some technical analysts use subjective judgment to decide which pattern(s) a particular instrument reflects at a given time and what the interpretation of that pattern should be. Others employ a strictly mechanical or systematic approach to pattern identification and interpretation.
If you trade the S&P 500 Emini Futures, or trade the Nasdaq, Dow Jones, Rusell mini futures, or if you trade Forex and Crude Oil you need to check out www.sceeto.com for one of the worlds most advanced indicators. A no obligation Free Trial is availible.www.sceeto.com
Daily Report 1st Feb 2013 Live Alerts Follow The Bots And HFT Order Flow for trading the S&P 500 Emini Futures. Well on a historic day today when the Dow finally breached 14,000 for the first time since 2007 you might wonder does it make a difference overall. Whilst it's good to be aware of it and it's good news at least, the day trader really just needs to know where the price is right now and where he or she thinks it will be in the next 10 minutes 30 minutes an hour etc.
This of course is the very reason trading can be so difficut. We at sceeto try to make it easier for you by giving you some great tools to have in your traders toolbox. Sceeto indicators are real time and don't lag, so you can get live alerts on your charts as to what the order flow is doing, is there more buy or sell order flow? Are high frequency traders active and if so what way are they going ? Well with sceeto we help you determine that by alerting you real time.
You can use sceeto as a great confirmation used in conjumction with your other indicators or just with price action or of course on it's own as sceeto indicators are realtime and because order flow moves before price does, they can also be leading indicators. Again why not sign up for a free trial at http://sceeto.com/user/register and don't forget to check out our other videos to learn more.
Defenition of price action trading courtesy of Wikipedia creative commons licence
The concept of price action trading embodies the analysis of basic price movement as a methodology for financial speculation, as used by many retail traders and often institutionally where algorithmic trading is not employed. Since it ignores the fundamental factors of a security and looks primarily at the security's price history — although sometimes it considers values derived from that price history — it is a form of technical analysis. What differentiates it from most forms of technical analysis is that its main focus is the relation of a security's current price to its past prices as opposed to values derived from that price history. This past history includes swing highs and swing lows, trend lines, and support and resistance levels. At its most simplistic, it attempts to describe the human thought processes invoked by experienced, non-disciplinary traders as they observe and trade their markets.[1][2][3][4] Price action is simply how prices change - the action of price. It is readily observed in markets where liquidity and price volatility are highest, but anything that is bought or sold freely in a market will per se demonstrate price action. Price action trading can be included under the umbrella of technical analysis but is covered here in a separate article because it incorporates the behavioural analysis of market participants as a crowd from evidence displayed in price action - a type of analysis whose academic coverage isn't focused in any one area, rather is widely described and commented on in the literature on trading, speculation, gambling and competition generally. It includes a large part of the methodology employed by floor traders[5] and tape readers.[6] It can also optionally include analysis of volume and level 2 quotes.
The trader observes the relative size, shape, position, growth (when watching the current real-time price) and volume (optionally) of the bars on an OHLC bar or candlestick chart, starting as simple as a single bar, most often combined with chart formations found in broader technical analysis such as moving averages, trend lines or trading ranges.[7][8] The use of price action analysis for financial speculation doesn't exclude the simultaneous use of other techniques of analysis, and on the other hand, a minimalist price action trader can rely completely on the behavioural interpretation of price action to build a trading strategy.
The various authors who write about price action, e.g. Brooks,[8] Duddella,[9] give names to the price action chart formations and behavioural patterns they observe, which may or may not be unique to that author and known under other names by other authors (more investigation into other authors to be done here). These patterns can often only be described subjectively and the idealized formation or pattern can in reality appear with great variation.
