Anyone use order flow analysis software?

[TSLexi]

Likely overkill for point and click trading. Get from computerlx.com same stuff but much cheaper.

And btw, in my opinion you're coming off pretty darn arrogant. You or your biz partner (lol) obviously don't know much or you wouldn't be posting newb questions but you knock others way of trading. Good luck to you but I have a feeling Mr market is gonna have some fun with the two of you.

I'm sorry I came off like that. It's an honest question of ours though. Why do people use lagging indicators?

 

[onemoreshot]

I'm sorry I came off like that. It's an honest question of ours though. Why do people use lagging indicators?

Charts tell a story, order flow tells a story. Lots of other stuff tells a story. The stories are all likely useful to some groups of traders and useless to others. Everything works and nothing works depending on the situation/trader IMO.

 

[TSLexi]

Charts tell a story, order flow tells a story. Lots of other stuff tells a story. The stories are all likely useful to some groups of traders and useless to others. Everything works and nothing works depending on the situation/trader IMO.

Still, there was a time before real-time charts and indicators existed, and people still traded on the floors. All they had was the tape and order book.

 

[K-Pia]

Actually. Some make money with TA. I am not sure you make money with OF ... Looks like you're willing to invest blindly without even knowing if you can make something out of it. It's not what or how you trade that matters. But how much you make.

 

[TSLexi]

Well, yes.

 

[marketsurfer]

Actually. Some make money with TA. I am not sure you .

Theres no evidence of that. I would explain but dont want to get banned.

 

[speedo]

You won't get banned Surf, you're good for laughs.

 

[der_kommissar]

No offense but this thread must be a joke. In your other thread you just started you claim how lagging indicators are so useless, and yet here, you say you plan to trade CL (meaning you don't even trade), you ask about how to set your range bars (meaning you haven't even tried anything for yourself yet), you say you don't even have a computer yet, you put down people using charts (hence why ask about range bars to begin with), and you have no experience with anything.

My god, seriously, this must be a joke. You sound so sure about the benefits of order flow, so much so that you feel you can bad mouth charts and indicators, and yet everything else you say makes you sound like a total amateur.

I don't mean to be rude, but there are some major issues with your thought process.

Then again Surf made it here within 8 minutes and these two guys exchanged "like's" immediately...Until proven otherwise, simply assume Surf and his hundred alias sockpuppets are starting b.s. threads to attract "eyeball's".

 

[speedo]

Maybe Surf will teach him the mystical "Price Drivers". Or is it mythical?

 

[marketsurfer]

Then again Surf made it here within 8 minutes and these two guys exchanged "like's" immediately...Until proven otherwise, simply assume Surf and his hundred alias sockpuppets are starting b.s. threads to attract "eyeball's".

The "cult" has spoken.