A hidden large order keeps reappearing at the same price in the DOM after being partially eaten. When it suddenly disappears, the supporting liquidity is gone. Expect a fast move in the direction of the last aggressive flow.
You are not guessing direction. You are observing where the big, aggressive money is flowing and following it—like a goldsmith watching heavy gold particles settle in a pan. daemon goldsmith - order flow trading for fun and profit.pdf
You become a daemon goldsmith when you stop asking “Where is price going?” and start asking “What is the order book telling me right now?” A hidden large order keeps reappearing at the