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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: fut_trade who wrote (4306)3/29/2000 7:04:00 AM
From: fut_trade  Read Replies (1) | Respond to of 7434
 
Here is a link to free daily tick by tick spoos data:

cme.com



To: fut_trade who wrote (4306)3/29/2000 12:50:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
There was a study done, years ago, that concluded on average

The Market Sells down faster than it Buys up by 62%

It Spends 67% of the Time Buying up.

These percentages are to the best of my recollection, but if incorrect they aren't far off.

Now on any given day these won't apply of course. They are averages. What I have in my stuff is a column for the High of the Day, a column for the Low, a third for the Best High, a fourth for the Best Low.

For example, the high could be at 10 AM, the Low at 3 PM. But at 12 Noon there was a higher Low by perhaps 3 points. So that was the "Best" Low. Because who would prefer to wait 3 hours for 3 points these days.

Messing with Tick Data can be a real pain. I guess the way to approach it is with a well defined concept and try it out on a sample to see how it goes.

What I'm trying to do now is "link" data with charts. So if I want to see all the data from today, for example, some time in the future I can pop up a copy of the chart as well for a visual. I think it helps the process.