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Glad you found it useful. I will try to add some more when I have time

Algos, crossed orders, and every order is printed on the tape which is the volume profile. Most markets are indeed 24H so “off/on-hours” is a rather subtle. The tape is graphically represented by footprint and volume profile. The thread is titled “order flow” because we are talking about order...

Completely agree with you regarding the non-importance of book imbalance also..

In the last sentence : Volume at price is not time related when off-hours/prime hours is ..

Time + Volume is key

There we go, a little longer than I intended but trying to put in a lot within little time period..

Ok I will put a video together with some ways order flow can be looked at. Thanks

I am not attempting anything to be honest. I have been trading based on my own way to use OF for 9 years and doing well. Some people disagree and come with points and reason why it is is waste of time to look at the order flow and this is fine. I used to be an institutional Broker too and...

I should have added « Futures » Order Flow..

Footprint is just the tape organised on a graphical manner. When you look at Volume profile you look at the footprint which is just the tape which is just Markets orders which are just what make bid/ask move (along side with liquidity ie Limit orders of course) which is why all markets are an...

Thank you! I am serve well though. I feel I need to justify what I do and works fairly well as it is. I only want to share with like-minded people, I have nobody to convince, those who don’t think it is any good and do otherwise and do well, best of luck, I just intend to share with those who...

Everybody has their opinion yes, fully respect that. Happy to share with anyone who finds that it works well and suits their style. Areas of past horizontal volume activities are always very relevant, according to my experience at least and as long as it generates money, I care no further!

Can’t disagree with you! As long as whatever you do works for you, this is good enough I should think. Win ratios are meaningless. I take one the market can give me, with what I have and can do, I don’t decide what I want, I don’t make the market. And yes institutionals might not know what they...

Hi Qlai, Order flow is not TA. Whether TA is a self fulfilling prophecy or not, it uses and bases itself on past prices unlike order flow which uses current data. There are many ways to define “pivot” points. I don’t look at pivot point per say, as defined by TA. When looking and trading based...

Hi Bone, this is why I was saying that I do not trade the Order book, but on Supply and Demand, watching transacted volumes under various formats (footprint, Volume Profile, vertical volumes, TPO i.e Time Vs Volume at price, Delta, Supply and Demand areas, absorption, accumulation/distribution...

Sorry Sillyw10.. I made this confusing when all I meant was that “when you do not close an open position”.. I like to work an average price rather than “be short” or “be long” all in. I would slice an overall order, according to the type of day, previous days, and order flow in general, and work...

Hi Sillyw10! I am not sure how we should really define “scalping” but the usual definition I suppose is to get in and out of trades within a very short period of time. Fighting against Algos or large institutional traders can be very daunting indeed and certainly seems like a lost cause, but...

Futures is actually more cost effective than CFDs once you take everything into account, but this depends on a number of things including Broker fees, margins, etc. What you describe is effectively what is called “scalping” and you can use the DOM for orders entries and observe the DOM without...

Indeed order flow trading is analysis supply and demand effectively, and the mechanism which can be seen on the DOM with Limit orders Vs Market orders is the transaction view of supply/demand although there are many more clues as to where prices could be heading, and whether one chooses to...

Hi Traider, no the currency Futures (as any other Futures contracts) follow (arbitraged) spot movements albeit with some pricing differential. Futures are of courses centralised and have official volumes when OTC spot does not so looking at the DOM and Tape/Footprint and all derived analytical...