Member Info for steveknowsnothin

Realistically though, at the moment I am just doing this by eye, so as previously mentioned may just be seeing what I want to see.

Need to pull out some tensorflow when I can find the time and try to make a model with these block placings and their correlations to time. As at the moment this is just a hypothesis, which I am sure 10's of 1000's of programmers at banks up and down the land have done before. But all ML usually starts on a hypothesis, so will give it a go.

Not right now, but yeah can 100% indicate when is a good time to sell or buy based on what is in the order book.

Not massive swings for this stock like 370 to 390, but 370 to 375, very much so.

They can and they are being pulled in and out constantly, with new blocks being added in large groups.

Yeah, can't swing trade on this in the minutes or hours. But what I am trying to do is gauge whether where we are, is investor driven or is part of a trading strategy. At the moment who knows, which yeah, could drive me to put a longer than a day position in.

You are trying to gauge the strategies of 10's too 100's of big investors, that is not easy and is not a science.

The point is if you just looked at the chart you would think we are now in consolidation. If you look at L2, you would see that we are back in the same state we were between 3pm and close yesterday, with tranches of orders locking us in place, all put in around the same time, with very few surrounding orders from other times in the blocks.

Yeah, not so interesting to trade on. But potentially interesting as to what might be going on in the background. But also may just be trying to see a pattern in chaos.

372.1 1,081 10:50
372.1 860 10:50
372.2 366 10:50
372.3 540 10:50
372.5 1,250 10:34
372.5 467 10:50
372.5 415 10:50
372.6 438 10:50
372.6 750 10:50
372.7 1,250 10:50
372.7 464 10:50
372.7 541 10:50
372.8 2,000 10:31
372.8 750 10:34
372.9 750 10:31
372.9 1,700 10:5

@Honestopinion share previously by kitty,

https://www.lse.co.uk/news/BOO/uk-broker-ratings-summary-goldman-raises-coca-cola-hbc-and-cuts-dcc-8is75yb299s88cb.html

CREDIT SUISSE CUTS BOOHOO TO 'UNDERPERFORM' ('NEUTRAL') - TARGET 320 (250) PENCE
BARCLAYS RAISES BOOHOO PRICE TARGET TO 425 (350) PENCE - 'OVERWEIGHT'

Not complaining, just saying that a broken clock is right twice a day.

@Slipperz to quote Stephen King,

"Life is like a wheel. Sooner or later, it always come around to where you started again."

Guys, Guys, I was right once, look at me, look at me!

People seem to forget that in this game it's not about being right all the time, it's about being right more than you are wrong.

BuBuBut maxage, some times it's been wrong.....

Honestly, I am not an L2 salesman.

Use it or don't, if it's not useful to you then ignore it.

@wyndrum gosh, which side of the bed did you wake up on today.

@wyndrum of course, because you don't know what else is going to come into the order book. However if there is relatively little in the order book at one time between two prices, you can generally guess the direction it is going.

Yes, it is guesswork and yes it is probably right as much as it is wrong.

Yes, there have been plenty right, but also plenty wrong. I don't pretend to be right all the time, unlike someone I know.....

Yeah, I hadn't realised how manipulated AIM is compared to US stocks, guess it comes with the territory of lower volume.

It very much allows you to know where the big boys are placing.

That is very important for bottom feeders to know entry, exit and directional pressure.

@wyndrum pretty well thanks

It's only a snapshot of what's in there right now, not what happens in 10 minutes.

@wyndrum here is another one for you,

"Ian Patrick Lauder, a capital markets business development manager with London Stock Exchange (LSE), argues that Level 2 access provides investors and traders with a richer, more in-depth picture of how prices are formed in a given security. While this is undoubtedly useful to frequent and day traders, he maintains that even retail investors who don’t trade with such frequency will find that the granular detail on price formation offered by Level 2 access can only enhance their understanding of how the security in question is being traded and how price access is being determined."

@wyndrum here is a quote for you,

"From a trader’s point of view at least, trading without Level 2 is like driving blindfolded, or at least that’s the considered opinion of Dominic Connolly author of The UK Trader’s Bible."

@DavidLaw their sites are still using JQuery, it's like 2010 called and want their technology back.

Most of their issues are in performance, which is mostly due to the amount of third party JS they are injecting and using caggy old libraries.

Accessibilities and Best Practices are only minor fails that Google wouldn't care too much about.

Indeed @slipperz, in the words of Stephen King

"Remember, Hope is a good thing, maybe the best of things, and no good thing ever dies."