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Predictor

Market Wizard
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Everything posted by Predictor

  1. Not good day... started off very good.. was approx at profit target but took large loss. Will evaluate and try to improve... pushed it too far
  2. LQ providers I believe are resetting to re-offer at 2.25-.2.75 so I'm going to offer there too Even though sell programs hit the market, important to see how the book changes in relation to the order flow... esp since the lq providers like to pull the depth on the other side to hit the stops ---- Filled and bid 95ish even... in before a report
  3. Unsure if I'll be placing any trades today, launching our software is my current priority and a bit low on the energy. Always do a self check... Sell programs are hitting market pretty aggressively right now... But my bias is to upside today. -------------- Even so willing to offer at 2.50 for a 1 shot
  4. Very nice! Very useful patterns in the book today.. I wouldn't be able to read these patterns without my software...
  5. Coming in now... some of the LQ providers got "off center" and re-adjusted their bids too high.. will see sell side imbalance is growing look for retest of 92.75
  6. Been too busy with launch to trade this week.. This 96.50 area looks like a good area to offer short --- Bid has started to weaken.. buying surge is exhausting potent.
  7. I wanted to update everyone. I've been working "around the clock" to make this roll out happen and we're now guaranteeing that a free trial of our product will be available by next Monday morning or perhaps even by late Sunday evening. The level of enthusiasm we've received has been absolutely tremendous. I knew that we had the best order flow program but now to see so many others saying and seeing the same things is very encouraging. Thanks! Curtis Home - OrderFlowDashPro
  8. Today I detected a pattern that I thought I'd share. I used the Q-Tracker for this with resetting and was watching the order flow imbalances. I called a potential for reversal at around 98 back to 96. We had correlated negative order flow and it looked like the trade would work out immediately but instead the liquidity providers pull all the inventory, market retested slightly higher, and then traded lower. While similar patterns I might interpret differently, in today's context my interpretation of this behavior was that the liquidity providers were net long the short inventory and pulled their offers to dump the long inventory. The buyers would be over eager longs, shorts using tight stops, or shorts who felt the market was trading higher. As soon as they dumped their long inventory, they took advantage of the new information to reset their books lower. An alternate explanation is they pulled the offers to reset long inventory but found no buyers thus pulled their bids to reset to better their average price on remaining inventory. I don't know if the liquidity provider performing resets could be the cause of other "double top" type scenarios but was interesting nonetheless. The double top also formed as large limit order traders exhausted buy programs...
  9. Potential for short scalps at these highs... Retest of 96 looks very possible but day looks like a trend day too (higher risk)
  10. We've received a high level of interest in our product, AlphaReveal. I wanted to share our press release and let everyone know -- because we've been asked a lot -- that we will be offering a free trial next week for our launch. We don't plan to offer free trials year-round, so I encourage everyone who is interested in our product to try it next week. It will require signing up for a subscription but those who cancel before the trial expires won't be billed. Full details will be available next week. The interest in education is much higher then I anticipated, as well. I'll be using this thread going forward to share educational materials about our product. Thanks, Curtis Home - OrderFlowDashPro OrderFlowDashPro’s AlphaReveal system provides active traders the electronic equivalent of a floor traders view into the market’s order flow, market depth, limit order and buy and sell program activity. AlphaReveal was developed as a superior means of reading the tape since the expansion of algorithmic trading has made it increasingly difficult to rely on the traditional methods of “tape reading”. The AlphaReveal system is based on the idea that traders can make better decisions when presented with better visibility into the buying and selling activity that drives price action. The NinjaTrader Add On product renders the order flow utilizing proprietary OrderFlow Bars™, Order Flow Monitor, 3D Depth, Volume Tracking Accumulator, LimitResistance™, Advanced Time & Sales Inspector and provides order position tracking and depth analysis via the Q-Tracker™ ---------------------------
  11. HFT traders shorting at market in front of order book imbalances on the offer side... will let any buyers take me out ---- theres been a hidden seller working below the 94.50 will attempt to exit rest of long more aggressively
  12. Lot of selling off the 94 but it appears to be mostly short term traders who are stacking orders near the front of the book.... going to attempt to rebuy off the 92 if given opportunity..
  13. Seeing some firming in the bid here... if my hypothesis is correct then we should be able to hold above prior lows
  14. This thread is for discussion OrderFlowDashPro's AlphaReveal and other products.
  15. I'm out for rest of day... some buying off this 91.. possible area for scalp to long side to 92.50
  16. One thing in the last video, I notice that I don't really need to clear that often in my live trading.. was a bit over eager to show that. As for pulls, typically they lead the market and price will follow. Sometimes though pulls look to be actually resting orders that were sitting too long and are timed to go market. Anyway... you don't have to be glued to screen to tape read using our software.. sometimes yes but not always
  17. Added to short position... --- Lot of pulling on the bids on the back levels but 94 has been added too... lot of traders were short from 94... when those traders finish covering and if we trade below 94 then we could get a nice run --- Some short term traders are targeting the 92.50... lq provider has reset to just below 92...
  18. Bias is short... been extremely busy launching our software this week so haven't been able to track market too closely... offering just below 96.. probably only update for awhile
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