Apparently, many of you require insights into how markets book price and how you can put down antiquated means of trying to determine it.
This week, we tackle "Institutional Order Flow".

Retail Trading theory suggests that we should view level 2 data, Depth Of Market, "Order Books"... & things like these.
For teaching the basic premise, these are "helpful."
I, nor do you, require such crutches & limited tools when determining what Institutional Order Flow is.

The fact that High Frequency Trading Algorithms run orders into markets "at market"... makes the be all end all perspective of Order Books, Book Map, DOMs near useless today.
Before these tools print the numbers supposed orders are resting at, I know where HFT Algos will enter.

Using what I teach, we are light-years ahead of everyone else in anticipation versus reacting to spoofed orders on DOMs.
More on this as we go this week.