liquidity abuse in nonvolatile markets

the markets were terribly nonvolatile today.

as usual, i could not trade the open, because of some other work, so i open the charts at around lunch time and ... yeah, terrible volatility.

these are the times when a market maker operates the most and moves the price against predictible traders.

i took this long on dow jones (ym) when it was observable there is a strong temptation for predictible sellers to sell the intermarket divergence.

on times and sales it is visibly observable the buy limit orders are eating bigger sell market orders - that supports the idea the market makers is going to move the price against the selling public.

this is where i opened the long position, the rrr was not perfectly fitting because of the perverted volatility, but i believed there is going to be a breakout higher soon. at the end, i had to close the fist targets nearer to the entry price.

as i said. i dont like these slow, sluggish, nonvolatile days so i tend o get out of the trade early with smaller profit. (my mistake). i didnt wanna waste time with this market, but the situation was still valid and i would not wonder if the price tested daily high

here it is still valid when it comes to orderflow -see the imes and sales still being red, no rapid change in market auction

premature exit

$ results