Iceberg
An order that reloads at the same price every time it gets eaten: invisible absorption in the book.
In the chapter
Bookmap: the layer that confirms the chart — or denies it
From the same chapter
- AbsorptionMassive aggression against passive liquidity that does NOT move price. Strong delta with price standing still means someone big is on the other side.
- SpoofingA large, visible wall that is PULLED before it is touched. Fake liquidity: never fade a wall because of its size.
- Stacking / PullingAdding liquidity at a level (stacking → usually real) or pulling it as price approaches (pulling → fake).
- DeltaBuy aggression minus sell aggression. Its divergence — a new extreme on less delta — signals exhaustion.
- Trapped tradersThose who entered a breakout that got absorbed. Their stops are the fuel for the move the other way.