In terms of nature, pending orders can be divided into two types: static and dynamic. When we see buy and sell orders on the market, we actually only see a static state, but trading is ongoing, so pending orders may change, especially some large orders may suddenly appear or disappear, which is often what we need to pay more attention to.
The current price of a certain stock is 6.74 yuan to 6.75 yuan, with each price above 10000 shares and all subsequent orders below 10000 shares. It feels like the market is under heavy selling pressure, especially in the current situation where the overall market is not doing well. But it could also give us a hint that there seems to be a main force intentionally pressuring us. Subsequently, with the decline of the overall market, the stock price continued to decline and only stopped at 6.70 yuan. At this time, the selling price of the upper tier was from 6.70 yuan to 6.74 yuan, with no pressure exceeding 10000 shares. Note that the price range above 6.75 yuan with significant selling is no longer visible. As the market rebounded during the trading session, it was expected that the stock would also rebound. However, just as the 6.70 yuan pressure was knocked out, more than 20000 shares were squeezed out at that price. Perhaps this is a scattered order in the market, but it could also be that the main force wants the stock price to recover slowly so that they have time to do other things. Finally, all of this large order has been completed. As the buying price gradually rebounded, the price soon returned to the original 6.75 yuan. At this point, a strange phenomenon appeared: none of the top five price points had a pressure of more than 10000 shares! If we don't pay attention to this detail, we will be deceived by the main force. Of course, it is possible that as the market rebounds, many sell orders may be withdrawn, but this depends on two situations: one is when the market surges, and the other is when large sell orders are relatively close to the low level. But at this point, the strength of the overall market rebound is not significant, and the first scenario can be ruled out. The previous low point of the stock price was 6.70 yuan, and prices above 6.75 yuan within the trading range of the day have already moved away from that point. Therefore, this phenomenon of cancellation can only be explained as non market, which means that the previous pending orders should be the work of the main force, and at this time, the main force has already withdrawn the large orders before the stock price has rebounded. This technique of secretly canceling large orders that are not visible when the stock price drops is a good way to deceive the market and cover up one's own goals.
From the entire process of placing and canceling orders, we can obtain the following information: there are main players operating, they are unwilling to go against each other, they are not strong players with heavy positions, they are unwilling to give their chips to the market at this price, and they may be increasing their positions or asking others to increase their positions.
Obviously, the above conclusions are very beneficial for our specific operations.
