It might be a good idea if the 'money matched' for each price in the ladder view could be displayed graphically as well as numerically.
That way, you could tell at a glace if lots of money had been matched on one side of the book in the previous 60 seconds, but not the other.
What do you think?
Jeff
Money matched
It does, but it doesn't show the change over time.
If you had a small histogram for each price, with time on the x axis and volume on the y axis, you could see immediately where the money is currently being matched.
My thinking was that, if far more money is being matched on one side of the book than the other, than that may suggest something about the market's future direction.
What do you think?
Jeff
If you had a small histogram for each price, with time on the x axis and volume on the y axis, you could see immediately where the money is currently being matched.
My thinking was that, if far more money is being matched on one side of the book than the other, than that may suggest something about the market's future direction.
What do you think?
Jeff
Bet Angel wrote:The matched volume column already displays a numerical and graphical value?
PS Just a further thought.
Why not have a 'weight of money matched' chart, showing on which side of the book most of the money is being matched on?
That way, you could see whether the wom is pointing in one direction, but the money matched shows that the market isn't interested in moving in that direction.
Jeff
Why not have a 'weight of money matched' chart, showing on which side of the book most of the money is being matched on?
That way, you could see whether the wom is pointing in one direction, but the money matched shows that the market isn't interested in moving in that direction.
Jeff
Hi Gutaumi
It would show up as a back bet.
I got this idea from the WOM thread.
With WOM, it may be that there's loads of money on one side of the book because someone wants to close their trade, not because it shows where the market wants to go.
Also, whilst people may try to manipulate the market through wom, people are less likely to place large bets and lays just to fool the market!
So I think bets and lays placed tell you more than bets and lays offered alone about the market's intentions.
Jeff
It would show up as a back bet.
I got this idea from the WOM thread.
With WOM, it may be that there's loads of money on one side of the book because someone wants to close their trade, not because it shows where the market wants to go.
Also, whilst people may try to manipulate the market through wom, people are less likely to place large bets and lays just to fool the market!
So I think bets and lays placed tell you more than bets and lays offered alone about the market's intentions.
Jeff
gutuami wrote:Jeff
what sort of indicator would we see in this case if I put a lay bet in the market and you match it with your back bet...