{quote} Is there any significant difference between external and internal running of buyside? Are external runs cleaner, more straight-forward?
Reason:
"Big Money" ("Smart Money") ("Informed Money") is always involved on both sides of price. They Buy and they Sell at specific levels throughout the day, week, month, year.
This is called "Orderpairing".
When you see price "compressing" up towards a Level, they are covering their Buy positions.
Because this Ordervolume is so large they can not simply click a button to "close a trade" (there is no such thing).
They bought "down there" with large volume. They now start to "sell back what they bought".
Example for Buyside Compression:
Example for Sellside Compression:
this happened yesterday on GBP/JPY, intraday.
This was Big Money covering their Shorts (and I told people about it in a post)
This was a very clear indication of what was coming. They always know the numbers before anyone else does and they are always active.
worth mentioning:
all along they way they are also selling while price goes up (reloading Shorts) and they also buy while price moves down (reloading Longs).
Loading and Unloading of Longs & Shorts = "Orderflow". (and it's algorythmic, forget about the picture of a trader in a bank, these times are long gone)
Hope this helps
you are not expected to understand this
!! Radha Radha !!
I’m looking to go long but maybe after a correction to around 12240-70
