⭐ CLASS 20 — Deep Institutional Microstructure: Execution Algorithms, Absorption, Icebergs, Spoofing, Latency, and Real Flow vs False Flow
How to identify the true flow of institutions, differentiate legitimate intentions from manipulation, and interpret invisible signals in microstructure (DOM, T&S, footprint, spoofers, absorption, and latency).
This is one of the most important classes in the entire method.
📌 1. DEEP MICROSTRUCTURE — THE INVISIBLE BATTLEFIELD
The macro structure (trend, BOS, liquidity) is merely the consequence.
The cause lies in microstructure, where institutions:
execute giant orders
hide liquidity
test the market
manipulate reaction
force fill-ins
create localized traps
In this class, you will learn to see how the big players really operate.
📌 2. TYPES OF INSTITUTIONAL ORDER AND WHAT EACH CAUSES IN PRICE
🔷 1. Iceberg Orders
Large order divided into several small ones.
Typical Signal:
several small orders with exactly the same size
repeated multiple times
no matter how much it hits, liquidity does not end
Effect:
strong absorption
real level defense
beginning of institutional accumulation/compression
🔷 2. Spoofing (Liquidity Faking)
The institution places false orders in the DOM to influence behavior.
Signals:
large orders appear and disappear in less than 100–300 ms
orders appear only when the price approaches
orders move along with the price
Effect:
emotional induction
false sense of buyer/seller pressure
variation of the “ghost” flow
3. Sniping / Sniper Orders
Flash executions, milliseconds before a breakout.
Effect:
breaks liquidity violently
extremely reliable BOS
instant regime change (LL → HL-HV)
4. Selective Absorption
The institution receives all aggressive flow and does not let the price move.
Signals:
huge prints in T&S without displacement
candles with short body and many exchanges
level that does not yield
Effect:
trap for aggressive operators
silent redistribution
moves the market when it decides
📌 3. REAL FLOW VS FALSE FLOW
Operators lose money because they believe in false flow, which is:
spoofing
small artificial order
behavior induction
false micro pullbacks
forced liquidity
⚠ False flow tends to appear near: equal highs/lows, obvious liquidity zones, narrow FVG, small OB, moments without real volume (LL-HV).
🟦 HOW TO IDENTIFY REAL FLOW
Real flow has:
Consistent liquidity consumption
Delta following direction
Candles moving with little wick
T&S with large and repetitive prints
OB strongly respected
Clean mitigations
False flow has:
large wicks
inconsistent directions
ghost volume
small prints
orders appearing and disappearing
📌 4. LATENCY: THE INVISIBLE ELEMENT THAT KILLS TRADERS
Latency is the time between: what you see and what is really happening.
Institutions operate with microsecond latency. Traders use platforms with a delay of 100–300 ms.
Practical effects:
you see the breakout after it happened
you enter at the bottom of the movement
you buy liquidity created to catch you
OB seems to fail but was respected in the “institutional real time”
📌 5. HOW INSTITUTIONS TEST THE MARKET
If you want the practical truth, this is it:
Test 1 — Absorption Test: They throw aggressive flow against a level to see if there is absorption.
Test 2 — Escape Test: They create false breakouts to see how much liquidity they release.
Test 3 — Speed Test: They release contracts to measure book reaction.
Test 4 — Depth Test: They assess if there is liquidity behind the DOM.
Test 5 — Continuation Test: After a breakout, they check if there is institutional follow-through.
When no test confirms, the movement is reversed.
📌 6. HOW TO READ T&S AND FOOTPRINT IN AN INSTITUTIONAL WAY
These two indicators are very poorly utilized.
🔸 The flow does not matter by itself. What matters is:
✔ Flow + price displacement: If the price does not move even with many prints $\rightarrow$ absorption.
✔ Consistent Delta:
Positive Delta + green moving = real buy
Positive Delta + stopped candle = spoofing/institutional absorbing
✔ Large aggression clusters: See a block of 300–500 contracts being hit at a specific point $\rightarrow$ institutional level.
✔ Imbalance footprint: Large asymmetry indicates real interest.
📌 7. PRACTICAL EXAMPLES OF INSTITUTIONAL READING
🔷 EXAMPLE 1 — Iceberg holding trend
Signals: 50, 50, 50, 50 appear multiple times; aggressive prints fail to break; candle with minimum lower wick.
Result: $\rightarrow$ compression $\rightarrow$ explosion $\rightarrow$ reliable BOS
🔷 EXAMPLE 2 — Spoofing deceiving traders
Signals: a 90 BTC order appears; price gets close; order disappears; long wick; false breakout.
Result: $\rightarrow$ sweep $\rightarrow$ reversal $\rightarrow$ FVG is created
🔷 EXAMPLE 3 — Absorption before the real breakout
Signals: large prints without displacement; short wick; high repeated volume; after 2–3 absorptions $\rightarrow$ clean expansion.
Result: $\rightarrow$ perfect entry on the OB retest
📌 8. THE DEFINITIVE PROTOCOL FOR IDENTIFYING REAL FLOW
✔ 1. Identify if there is absorption: If so $\rightarrow$ institutional present.
✔ 2. See if the prints are consistent: Small $\rightarrow$ retail / Large $\rightarrow$ institutional.
✔ 3. Compare delta with displacement: Does Delta follow the price? Yes $\rightarrow$ real flow / No $\rightarrow$ false movement.
✔ 4. Look for the dominant cluster: It is where the price will react.
✔ 5. Observe anomalous repetitions: Many identical prints $\rightarrow$ iceberg / Orders disappearing quickly $\rightarrow$ spoofing.
9. HOW TO OPERATE ON MICROSTRUCTURE
🔥 Entry in Confirmed Absorption:
wait for the aggression to fail
wait for the price to attempt to break and fail
enter on the absorption retest
short SL behind the block
⚡ Post-Sniper Order Entry:
clean breakout
explosive volume
aligned delta
quick retest $\rightarrow$ aggressive entry
📉 Anti-spoofing Entry:
identify false order
wait for it to disappear
enter against the fake direction
💧 Entry in iceberg:
detect repetition of the same sizes
candles with short body
trigger: displacement after exhaustion of aggressors
📌 10. EXERCISES FROM CLASS 20
EXERCISE 1 — Identification of Iceberg: Open a replay. Mark where repeated and stable orders appear.
EXERCISE 2 — Differentiate Spoofing from Real Flow: List 5 signals for each.
EXERCISE 3 — Practical Absorption: Find a level where the price did not move despite strong aggressions.
EXERCISE 4 — Sniper Breakout: Capture an extremely clean breakout and classify your signals.
EXERCISE 5 — Delta vs Price: List 10 situations where it diverges and state whether it is real or false flow.
