Page 271 - THE MARKET WHISPERER
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THE MARKET WHISPERER 26 7
Some years ago, when I was explaining the meaning of these to one of
my students, he asked: “And what does the yellow color stand for?” Well, it
turns out I am color blind. For years, apparently, I’ve missed out on seeing
another color…
Practical examples
• A sequence of green trades: the stock is strong, and trending up. Buyers
are pressuring.
• A sequence of red trades: the stock is weak. Sellers are getting rid of the
merchandise at any price.
• A sequence of red trades but the stock price is not dropping: a large
scale buyer hiding a large amount.
• A sequence of green trades but the stock price is not rising: a large scale
seller hiding a large amount.
• A sequence of white trades: market makers are trading at an intermediate
price. It is hard to interpret the meaning of this, but it is interesting to
know that market makers are involved.
Executing orders
The main use of the stock box is to execute buy, sell, short, and additionally,
more complex orders such as defining profit and protection targets.
1. The “short” button
2. The amount of shares sought. You can define your default amount.
3. Instruction to display in the window [2] the quantity of shares you are
holding – called POSITION
4. The LIMIT price at which you are willing to execute the trade. This
order will be explained later.
