28th of 2012

Video – ES Market Review & Zone Update – Identifying the Sweet Spot

Order Flow Drives Price….Change In Order Flow Precedes change in price!

A look at the late morning short squeeze today and where the opportunity was.

The three steps of trade execution:

Step 1) Identify the sweet-spot…Meaning, the area where you want to do business…Which is what the OFE Zones provide…The areas where we expect a RIP (reaction in price) to take place.

Once the market gets into an area we are interested in then on to step 2.

Step 2) Reading the real-time Order flow for clues in order to confirm trade entry.

Step 3) Once we’re in the trade we use the real-time Order flow information to effectively and dynamically manage the trade.

 

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