DLTR Trade on Aug 30, 2018 11:24 from boldandnuts: Tradervue User Stock Trades.

Gravatar

Shared by
boldandnuts

 

Ok, this was an unusual hold on the bid, BUT I have to check whether it was due to SSR that it did drop that level?
Here it clearly did drop it.
Luckily I got filled very good for once with a hard stop.

When watching the Replay you can notice, that over the period of the 3-4 minutes before the Bid drops, the ratio of Bid vs. Ask gradually DECREASES from 373x18 to 282x104 to 177x160 to 244x120 to 77x151 and 76x135.

https://youtu.be/3VB-nv5mtUc

The Ask in the Bid vs Ask ratio is getting heavier just before it drops!

Also you can notice that many prints on 83 were WHITE Prints.

The Questions now being:
Does SSR have an impact on an Unusual Hold on the Bid?
Does it have an impact on how the ratio moves during an Unusual Hold?


Execution detail:

Date/time Symbol Side Price Position
2018-08-30 11:24:00 DLTR buy $83.010 long
2018-08-30 11:26:00 DLTR sell $82.950 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in