Order Inbalance

[mit]

Let me try again. It seems to me that a useful tool to trade at the opening would be a real time order imbalance on the NYSE? Does anyone have any idea on how I can find what listed stocks have order imbalances prior to the market opening?

I have read from Don Bright how one may trade the opening but with out this imbalance order information I would find myself at a disadvantage. Does anyone use order inbalance or opening trade strategies when trading sectors?

 

[qwiktrade]

mit

this was posted some time ago..

Originally posted by jefftrader
if you, or your firm, has a relationship with a floor broker, they can usually get you a look. If your office has access to a Bloomberg, sometimes it has delayed openings. Others news services sometimes have delayed openings. By rule, if a specialist is opening a stock more than 50 cents away from the previous close, he must indicate that on a pre-opening quote message.

-qwik