ES Journal Archive (2006 - 2008)

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when you break multiple s/r's and range bound SR's...

the survival pattern that has evolved is one of continued selling or buying whichever side they are broken in...ie cascade...

typical action, till you see significant buying come in, just ride the 'free money' train...

its a method of sniffing out liquidity pools, once the cascade starts, the only way the instigators can get out with a decent average price is to shift the ATR down as much as possible..

then following sessions are used for algo;s to covertly cover ..
 
Quote from tommymoose:

They're playing games with the DOM... picking up a couple quick points is easy -

3000 bid shows up, place your sell-stop 1 tick below it, then if and when all the contracts get eaten up, watch the cascade down and be quick with taking your profits :cool: ... my gift to ES Journal for the day haha
More...

This alone will make you $$ on the NQ and not even a thanks?! :( :p
 
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