NexusFi: Find Your Edge


Home Menu

 





Reading Stop Orders


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one neeko with 3 posts (0 thanks)
    2. looks_two TheWizard with 1 posts (0 thanks)
    3. looks_3 spiderbyte87 with 1 posts (0 thanks)
    4. looks_4 sands with 1 posts (0 thanks)
    1. trending_up 3,335 views
    2. thumb_up 0 thanks given
    3. group 5 followers
    1. forum 7 posts
    2. attach_file 0 attachments




 
Search this Thread

Reading Stop Orders

  #1 (permalink)
neeko
phoenix, az
 
Posts: 17 since Mar 2014
Thanks Given: 0
Thanks Received: 3

Are there any programs that show where resting stop orders are placed?

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Request for MACD with option to use different MAs for fa …
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
67 thanks
Battlestations: Show us your trading desks!
48 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
GFIs1 1 DAX trade per day journal
32 thanks
What percentage per day is possible? [Poll]
31 thanks

  #3 (permalink)
LogicalTrader
Houston, TX
 
Posts: 294 since Aug 2013
Thanks Given: 1,420
Thanks Received: 757



neeko View Post
Are there any programs that show where resting stop orders are placed?

I dont think that is possible. Stop market orders are not sent to the exchange by your platform or your brokers server until price touches your order.

Reply With Quote
  #4 (permalink)
 spiderbyte87 
Portland, OR
 
Experience: Intermediate
Platform: Ninjatrader
Trading: CL
Posts: 82 since May 2013
Thanks Given: 17
Thanks Received: 48


neeko View Post
Are there any programs that show where resting stop orders are placed?

Short answer: no.

If you want a good rule of thumb just use the last obvious swing highs/lows. Otherwise just ask yourself where you would place your stop if you were long or short.

Read/watch everything from Martin Cole and Peter Davies. Read 'Order Flow Trading for Fun and Profit'. For me those sources specifically helped me "turn the corner".

Reply With Quote
  #5 (permalink)
neeko
phoenix, az
 
Posts: 17 since Mar 2014
Thanks Given: 0
Thanks Received: 3

I cannot find that book for some reason. I can see that it exists out there but I cannot download it on amazon or even really download it anywhere do you by chance know where to get it...pm me please.

Reply With Quote
  #6 (permalink)
 
TheWizard's Avatar
 TheWizard 
Houston, TX
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Optimus Futures, AMP, CQG
Trading: 6E
Posts: 1,731 since Jun 2009
Thanks Given: 517
Thanks Received: 4,224


neeko View Post
I cannot find that book for some reason. I can see that it exists out there but I cannot download it on amazon or even really download it anywhere do you by chance know where to get it...pm me please.



Half.com: [AUTOLINK]Order Flow[/AUTOLINK] Trading for Fun and Profit by Daemon Goldsmith (2011, Hardcover)(9780615524597): Daemon Goldsmith: Books

Just add it to your "wish list" and as soon as a copy comes available, you will be notified by email from Half.com.

After all, it's what you learn AFTER you know it all, that counts!
Reply With Quote
  #7 (permalink)
 
sands's Avatar
 sands 
London + UK
 
Experience: Advanced
Platform: Proprietary Analytics
Broker: Multiple broker + Multiple feed
Trading: Currently European and US equities
Posts: 443 since Dec 2013
Thanks Given: 257
Thanks Received: 234

Only open orders are visible not their type. Hope that clarifies.

Thanks,

Sand.

Reply With Quote
  #8 (permalink)
neeko
phoenix, az
 
Posts: 17 since Mar 2014
Thanks Given: 0
Thanks Received: 3

Thanks all really I am attempting to find a strategy specific to price action that does not require indicators. Maybe just a lower time frame chart, dom and Time and sales.

Reply With Quote





Last Updated on May 1, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts