Kardec Trader shows a trade that made $31,000 using a 7 to 1 risk to reward ratio. The strategy focuses on reading market order flow and exploiting spoofing, where traders place fake orders to move prices.
This was a $31,000 profit, about a 7 to 1 risk to reward ratio. This was longing the market on a pullback and looking to take profits at this low volume node. So this was before the market opened up. And we're going to see some pretty thick passive buyers under the pre market lows. At 6026 we see 1300 contracts. At 6022 we see 1000 contracts. We were to look at the volume profile at 6026. There wasn't 1000 contracts that got transacted here, there's only 400. Similarly, we see this red line just disappear right here and no volume being transact transacted in terms of a thousand contracts at 60 22. So these orders were pulled, they were not filled. And this I guess is why people don't like order flow, is because they say it could be spoofed. But in the previous examples, you can't spoof completed transactions, you can only spoof limit orders. But when you could see spoof limit orders, you could use that information to your advantage. The market still held this. After the market opened, the market pulled back and held 6026. Well, it held 6022 very well. And we actually supported where these previous bids that never got filled were.
