Michael Lewis's 2014 “Flash Boys” and 60 Minutes interview were only the beginning of the slow suffocation of high speed trading. IEX, preferential ticket orders, "Occupy Wallstreet," rising infrastructure costs, increased competition, low liquidity, and an army of communist sympathizing millennial bloggers have since all but decimated the practice.
Known in the industry as "HFT,"...
About: Bird
Recent Posts by Bird
FORECASTING INTRADAY TURN TIMES WITH GANN
The true methods of W. D. Gann operate magnificently on an intraday basis. This also applies to Gann's forecasting and prediction of turn times. Below are 2 examples from today, December 1st. The first chart is for the ES. The arrows are the predicted turn times from one of our favorite Gann methods: something we...
Gann & IPOs
So this LEJU came out today. Click the above chart to enlarge. In the attached pic above of the 2 min chart, you can see that this stock declines right off the bat. Gann's technique uses the time of the open, the price, and Gann's...