Recent content by graemeal

Thanks for the input. At this stage that seems not to be the case but early days and not a simple,more buyers than sellers aproach. Market must be overbought or sold first. at least 20 pts away where it shouild be. Should be ? Where the SPI's guestimate is plus or minus what the DOW futures has...

Yes I agree totally. I have been a full time trader for 4 years. That is my living so no pie in the sky stuff from me. The toughest business that I have ever encountered and I am over 50 years old with 4 under my bealt. I am working with a well known charting company and after many years...

Then long and the short of it is that you can visually look at BHP. CBA, WBC, NAB & ANZ's market depth and try and get some idea of the buildup. To me totally impossible. You become cross eyed within a week. All those stocks, 6 levels of bids and offers amount to 30 levels. I am looking at 1...

Trembling hand. Not sure what you mean. Promising results such as I have been trading the SPI (was CMC now IG CFD on SPI) for 4 years. As tough as hell. Promising means that over the past week I am yet to have a loss over about 15 trades. Unheard of in my past years of trading. I am still not...

Thanks. Can you extract the market depth totals from Webiress? At present I can bring into a spreadsheet up to 6 levels of the market depth. As in the grand total of the 6 levels of the Bids as opposed to the offer. So say 5 stocks bids over 6 levels as one total as opposed to the same on...

I would just would like to get some opinions on the merits of having a system that automatically totals the about of shares on offer, 6 levels deep on the buy side as opposed to the same on the sell side. As in you can add up LIVE the totals of either 3, 4, 5 or 6 market depth levels of say BHP...