I was working for a trading company and our task was to provide additional liquidity to the market and in the meantime profit as much as we can. We were trading calendar spreads - euribor , short sterling , gas oil , cocoa , coffee , sugar and some of the less volatile outrights like schats or 2 year tnote. We had charts but our decissions were made up looking at the order flow so in the end charts were pretty obsolete. This was the case in slow moving market but i cant imagine trading fast moving markets looking at the order flow only. |