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That is such a clear explanation...thank you
Another scenario that appears to confuse and again its nothing to do with the market
just the reporting sites
say you have across a given spread 5 mm's one rock bottom another at max price
the other 3 all fractions apart just below the guesswork mid
The top and the bottom exhaust their supply of shares leaving only the 3 at this point
it appears (false) to now be a very very tight spread and everything going through as
labelled by Algo as sells
In truth if you had an upper tier platform display you might see 2 of those 3 remaining
active mm's are on the ask and one on the bid , so the vast majority buys not sells
and conversely if the 3 left all just above Algo's MID they would all be labelled buy's
So when you see extended period of just one thing, it's poor algo having a bad day
and nothing to do with hocus pocus and games
the market only does
Date time price volume £
Everything else an added guess by all the sites that feed off the market
As an extreme example prior to consolidation on GUN we once had a period of over
3 months where everything was labelled a sell, around 25 of those where my buys
the prices frozen in time at the time 0.025-0.035
apologies the first one choked on apply and did not appear
guess it found it way back out of the ether lol
:))
That is because like all of the worlds markets the London Stock Exchange does not
do buy/sell or red/blue they are all added by a BEST GUESS algorithm
and poor Algo is a simpleton that would only be accurate if indeed there was only
one buy price and one sell price available, the busier a share and the more MM's
involved and competing to fill client orders, the more useless it becomes
as basic as it gets based on what IT thinks is the invisible line MID price
all above buy all below sell all exactly on IT's mid or prices moved on so it chokes
UNKNOWN
and no matter if the trade was placed earlier today, completed after close (not placed)
big boys play 06:30-20:30 they are not limited to core hours or even placed and time
stamped 3 days ago (seen them) all the 3rd party sites that report such data still apply
poor old Algo's NOW mid and prices to its labelling
:))
The markets have been offered the easy modern day tech fix to add REAL buy/sell data at
source, they declined choosing TRADITION over tech lol
The market do not list red/blue or buy/sell only trades
All 3rd party sites that feed on that information artificially add just like this London South East
they all do if from a BEST GUESS algorithm based on what IT thinks is the current mid price
Its pretty dim on a normal day but poor old Algo gets very confused on any busy share as it's
ideal world would just be one buy price and one sell price
The market does not comply to that wish, in most cases fairly safe to say if trade at or near
the full ask it was a buy and likewise at or near bid a sell
However when busy and the MM's are competing for business to fill client orders the lines
become blurred and the more varying prices available across the spread the more poor old
dimbo algo gets wrong
I have many times over the years both sold at near ask and bought at near bid and anything
around the invisible cut off line MID it thinks is in play are all very much a 50/50 guess
its as basic as ya get anything above what it thinks mid buy below sell and anything exactly
on mid or confused prices moved on it will choke and call UNKNOWN that popular button
we all use everyday
No matter when the trade was placed today yesterday 3 days ago (have seen them) or is a
completed in the evening after close (the big boys work 06:30-20:30) it applies the same
what it sees as now mid and prices to ALL
The stock exchanges of the world have all been offered the simple modern day tech fix's
to add real buy/sell data at source , they declined choosing TRADITION over tech lol
:))
The amount of buys showing as sales this morning is very high,why bother listing them if they are not correct.
Why are you guys knocking SANTIAGO he has a view if it’s different to your own live with it
MD
Official exchange daily figures
The typical volume 1st Mar - 23rd March naff all to sub 40m
The transfer to sticky hands now well and truely ON !
24th Mar 1.73b (day of announcement)
/
25th Mar 137m
26th Mar 087m
/
29th Mar 319m
30th Mar 178m
31st Mar 181m
01st Apr 907m
/
06th Apr 507m
07th Apr 188m
08th Apr 257m
09th Apr 1.03 Billion
/
12th Apr Official figure not released yet - yesterdays
running total header page just over 1 Billion shares
/
Today deja vu it must be Tuesday lol
:))