I want to consolidate the data of my work with Delta on Bid and Ask. The individual thanks for the fresh ideas to Santyago.
Once again, I want to tell in a short form, what it is and what it`s using for.
1. The delta shows the areas where "price/time" were making the deals of buying/selling.
The trader is searching for the good advantage(disbalance) to the favour of some category. Bid is buying, Ask is selling. The delta is estimating of the whole (time-frame)
Sometimes in the news of the forex market we can see the phrases:"the price has found the support on some level, where were taken out lots of bids" or
" the price is set against the resistance on some level, where were taken out lots of offers/asks.
The disbalance in amount of the many-sided deals can tell the next thing:
1. The big players are opened to the some side in waiting of the turning.
a. Have bought at once and too much at the one/two/three quotations. There is no a feeling of the fight. The is no trading playground.
b. It was done imperceptibly, it means during some time and not in a big amount. Beside, I have watching this by myself - the size is taking out, but no a large one. Positionally, is not
hurring up. The delta is on their side.
The variants of the trading: following the delta.
2. There is observing very active trading in a small range. There is accumulating definite delta. The basic mass according to these or that reasons is opening a big amount of the orders. The
big players after some time are starting to move against the crowd. That, what was happening in the flete calls the buying of the asks or bids. The strong opposite movement of the delta is
determined of making the stop orders. There also is such inforamtion in the news, the stops were working and was made a movement. In a technical manner, if not to get into the details of the
delts, we see the trading playground, from which we can act according to the situation.
The trading variant: the moving against the predominant delta.
Interesting quotations:
" The conditions for the growing up. For moving to the top it`s need to enter in the short basic mass of the players, and force to believe in falling. It can be performed in two ways:
- to take out the level of resistance, bought before all offers.
- to put all process down and when everybody will start to sell, to set up all bids, hide, and then take the market to the next level. When all small players will be in panic - the ascending
movement will start.
In this and in other case the large deltas with ascending reaction should be appear."
" The reaction on the accumulating the deltas ( look the previous post) was made on the Europe in the morning. Was takken down. Usually during the trading the reaction comes immidiately, but
here I had to wait for a long time. It explains that a trading is positionally, that is on these prices was hiding and then being smartly selling the large package, it was so long - because it
was a neccessity to " feed" a very large package, it could be done only by small
portion, that to jump from the speculators, which were buying. If we have made it at once by the big offer, than everybody would start to sale. It would be not so good for a big players. So,
after the big jump to the top, was a strong falling on the America. The deltas were confirmed"
No doubts it`s a very interesting extra information for the trading. We should take into consideration that every market has it`s own rules and players.
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