hard · Order Flow Analysis

In Corn futures (ZC), you identify a stacked selling imbalance at 368.00, 367.75, and 367.50 with bid volumes near 500 per level. Typical single-level volume for ZC is 80-150.

How should the position size be adjusted for this setup compared to a standard setup?

  1. Increase to maximum position size because the absolute volume is 3x to 5x the market's normal level, indicating massive institutional conviction.
  2. Stay with standard sizing, as imbalances in ZC are less reliable than in the ES or ZN.
  3. Decrease position size because high volume often leads to increased slippage on entry.
  4. Pass on the trade as bid volume of 500 is too low to represent institutional activity in any futures market.

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