It's great to see the discussion here get into the actual, normal functioning of the market - i.e. the offering and absorbing of liquidity - and the clustering of this supply and demand (again: of liquidity). Not just the same tired and paranoid rhetoric about having your stops hunted.
Following along with and trading along with the healthy appetites of liquidity takers, while they remain hungry. Using recent balance-of-power (pivotal) areas to see who's chewing though who's orders and positions. That's a way of viewing market activity that works for me - of course, it will forever be a work in progress.
Thanks for the great posts, guys!
P.S. With this post, I will bring back my liquidity-consuming pac men avatar!
Following along with and trading along with the healthy appetites of liquidity takers, while they remain hungry. Using recent balance-of-power (pivotal) areas to see who's chewing though who's orders and positions. That's a way of viewing market activity that works for me - of course, it will forever be a work in progress.
Thanks for the great posts, guys!
P.S. With this post, I will bring back my liquidity-consuming pac men avatar!