Classical Short Pattern

AlphaReveal, our flagship order flow and tape reading powerhouse software, allows traders to see the order flow and order book dynamics that produce the resultant price action. AlphaReveal provides the price action trader, order flow trader, and tape reader a significant advantage.

Today, a classical short pattern setup which makes use of the order flow and order book for advantage. The pattern is described step-by-step below:
 
1. Reduced activity at a relative market high.
2. Unusual selling volume. This can seen in our exclusive dash-number PressureVolumeTM display. It doesn't take any real effort to see who's in control of the order flow because our program pre-processes the data.
3. The offer goes heavy which can be seen in the "Net Change" field of our advanced Q-TrackerTM
4. The anticipated price action is a drive lower.
 
Tuesday, March 19, 2013 12:04:00 PM Categories: education

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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.