Posted by Mike on Aug 6, 2022 in Blog
Recently I was interviewed by the ladies at Globe Official Podcast where I give my thoughts on Crypto and trading in general. The interview includes my views on the current state of crypto, trading crypto versus trading futures, the future of cryptocurrencies and much more. You can watch it here:https://youtu.be/5Rc5wKCRaQc...
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Posted by Mike on Feb 21, 2022 in Blog
Yesterday we released the latest upgraded version of Orderflows Trader, Version 5.0. Among the big upgrades is being able to draw out zones of bullish or bearish order flow so you can take advantage of them when the market comes back to test the level. To get started with Orderflows Trader 5.0, go here:https://www.orderflows.com/oft5.html For example, this morning in the ES. The market sold off, rallied back to a particular level and then sold off again. Why did the market...
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Posted by Mike on Jan 18, 2022 in Blog
Last night in the Emini SP there were two clear 20 point sell offs. Here is the bar chart: Here is the bar chart: One of the sell offs occurred during the Asian session and the otherhappened during the London session. After the sell off during the Asiansession, I saw someone ask on Facebook asking what just happened? As usual,the replied came in from people who don’t understand order flow andliquidity, with the replies, “there was no liquidity.” On the...
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Posted by Mike on Jan 13, 2022 in Blog
One of the questions I get asked a lot about order flow is“what is the most useful piece of order flow data?” With order flow there are three main components: Delta, POCand imbalances. Each component has its own value to traders. Order flow delta is important because it helps a traderunderstand when overall market sentiment is bullish or bearish. Delta is the difference between aggressive buyers and aggressivesellers in a bar. There are different ways to...
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Posted by Mike on May 2, 2021 in Blog
One of the most misunderstood and neglected parts of order flow is imbalances in a bar. An imbalance in the order flow occurs in the two-way auction when either the offer trades 4x as much volume than the bid (a buying imbalance) or when the bid trades 4x as much volume than the offer (a selling imbalance). An imbalance by itself can have different meanings or it can mean nothing. Most traders are taught to look for bars with stacked imbalances. When there are 3 or more...
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