numbers that matters

there is a holy grail hidden in these numbers

number of trades bid vs number of trades ask vs bid volume vs ask volume etc..

this is what i am currently algo testing on sp500, dow, nasdaq, rty, crudeoil, heating oil, gold, silver, copper, 6a, 6b, 6c, and all other bunch of future markets

simple, easy, clean and fast

ym should fall down

today the open was really weak with low volatiltiy and tedious price action. i had to wait 1/2 hour for the first trade that i took right here.

form the dislocation of the markets i can assume that ym should move down, the orderflow is not the best but is quite allright. opening 4 contracts.

it took a little drawdown but the price slided as expected..

here i have 3 contracts from 4 cloesd and the trade is risk free

.

the final contract is closed after the seller´s emotion

it was the one and only trade becaus the price action was really slow.

+300 usd. 

finito. no need to waste time with such markets

dow jones sell off speculation on friday night

yesterday i took these two trades on dow jones futures. the first short after open was taken with 6 contracts, the second one with two only. the first trade had a runner with was planned to be closed somewhere near the low of the day,

unfortunately, the market filled my trailing stop precisely and dropped significantly afterward.

what was interesting at the second trade was waiting liquidity of the huge buy limit orders at the closing time.

here is the prinscreen, the white line on depth of market shows huge limit orders waiting to be filled. at first the price rebounds couple of time from this level.

at the end it went through filling all the waiting limits (cca 230 on one level). as these limits were filled, i closed the trade, because i expected the price to move higher. anyway, it didn´t. the market closed somewhere around near this level. 

here is how the footprint chart looks at that particular place. you can see higher ammoung of sell market order paired up withthe waiting buy limit side (te low of the bar at 14:58)

here is the slower timeframe (30 min). the trade looks good, pity it was with a small position only

result +720 usd

dow jones hit 20000 points

for the first time ever, dow jones has hit the level of 20000 today. but, who cares? i don't, i traded nasdaq futures today when dow jones, sp500 and emd were undervalued.

nasdaq hit its high and i took a breakout

the reason is quite clear from this view. i opened 2 instead of 3 - the risk area was near and i was ready to compensate.

result