Recent content by ohawktrading

Basically, Stop Orders are latent orders that are not visible in the order book, but when they are triggered they execute as market orders. Thanks to something called Market-by-Order data from the Chicago Mercantile Exchange (CME), it's possible to accurately detect the size, quantity, and price...

I'm not a huge fan of candlesticks. I use Bookmap's heatmap of the bids and offers that are pulling and adding over time, allowing me to quickly get a view of the size and see where the market may be headed. Combine that with their new Icebergs On-Chart indicator, Stop Tracker, Order Book...

I'm out of my trade on this bounce above the swing high and break of offers around $47.5k, for anybody interested. I added to my short around $46k but we didn't even test the $44k bids so I didn't get chance to take more profits. Still, my early covering @ $50k the day before means my overall...

The chart is Bookmap's heatmap with their new Consolidated Order Book addon. I have 5 order books of the biggest exchanges combined into one to look for areas of supply and demand imbalances, but I'm actually shorting it on Deribit with their perpetual futures contract. Seems to be going well...

Nice absorption of buyers @ $52k on Bookmap's consolidated order book of BTCUSD. I'm short around around $51.5k, stop just above $52k. I'm hoping to scale into a swing trade to retest the $45k swing low in the next few days/early next week.