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Trade Point Technologies

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Paris, France
Trading Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
cunparis's Avatar
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,070 received

Another gem:

2) Those who either want to disquise their trade or create liquidity do so by placing, according to a certain algorithm, orders on both sides of the market. In the old days they used to say "sell a little to buy a lot." Sometimes a quick burst of selling will trigger other selling and maybe even some stops which adds tremendously to buy liquidity.

I've noticed this myself in my trading. Often I have identified a setup and I'm waiting for my trigger which is usually a HH or LL (1 bar). Often price will move very fast and then slow down and then trigger. Taking into account his quote, it seems someone is wanting to buy so they sell and then buy it back and then some, thus triggering my trade.

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