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  #493  
Old Sep 6, 2009 5:27am
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hello all,

i've read some of this thread yesterday and woke up this moment with some idea.

i once looked at level2 broker data and saw size and price. when i see a big number of orders appear at a price beyond a tested support/resistance this could be a place to get in quick before the (stop?) orders are triggered.

http://www.mbtrading.com/images/features/md1b.gif

i don't realy remember how this data looks when it moves... have to wait untill monday.

the fact that it's data from a broker is no problem i think, because we want to know what the herd is doing.

i want to thank all the contibutors here. the olsen paper and larry harris e-book will help me understand market structure wich is most importand.

greets pax
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Old Sep 23, 2009 4:58pm
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hello all,

i did not realy follow this thread but what i've read stayed with me. today i demo-traded the FOMC meeting with orderflow in mind.
just a experiment... but i will do this tommorow with unemployment claims and other major news.

i hope my chart is clear.

i would like to say also that my first entry was a gamble. if i had "darkstar data" this could be a shure thing??. since most of us do not have this data, IMHO, we should trade the vacuum created by a sweep.

kind greets, pax
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