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  #828  
Old Jun 22, 2010 3:51am
eurotrash's Avatar
 
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Wow lol this is great. Woo you sound like a 17 year old trying to boost his ego. Yes you may have Asperger's or whatever, you have a very high opinion of yourself (likening yourself to Einstein... yeah right) as do I (not of yourself, of myself), that's great and all but just remember that it doesn't make it true... just because you think you're so brilliant and can see everything so logically doesn't mean your logic is sound or that you aren't overlooking glaring flaws or even that you are more intelligent than the average person.

"Ive come up exactly on how human beings work, what defines love, and other thing, and i would probably revolutionize this area if i made my findings publicily available."
Come on that's plain bullshit. This is what I mean by your logic being unsound and your high opinion of yourself unfounded.

"A really reflective mind, would hower, start to think about the chacnes of the price going up to 80."
Er no that's what a normal person would do. I don't know how you got this opinion of everyone being so dumb, but most people are actually relatively intelligent. Sorry you're not that special.


Your insights on this thread are essentially "I understand liquidity and price change and have some sense of risk/reward". Great, I think we all understand that. I don't think that's what this thread was about.
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  #869  
Old Jun 24, 2010 4:54am
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Quote:
Originally Posted by Scotty B View Post
To trade orderflow, you make your trading decisions based off of orders you see in the market, not price charts....
Scotty,

While I know you probably know a lot more about this than I do, I would argue that your definition is too narrow, and probably specific to your particular brand or method. I believe the basic idea of OF trading is simply anticipating order flow. Whether you can actually see the orders or have some other way of knowing where they are (or where they'll come in) doesn't matter, though it may affect your specific strategy. OF trading isn't value trading, though value trading may be OF trading. I don't believe identifying informed traders' behaviour is necessary either - it may be depending on your method, and your time frame, and what plays you're going for... In the same way that two people can take opposite positions from the same price and both profit, OF trading is a very simple and general concept (a mindset as DS put it) that can be used in many different ways.

All imho of course.
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  #899  
Old Jul 5, 2010 5:52pm
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Quote:
Originally Posted by pipmutt View Post
Ok, I'm none the wiser!

Can anyone give a practical demonstration of this OF trading in action, preferably in real time?

There seems to be lots of conjecture, speculation, and innuendo but not a lot that anyone can actually use in the practical sense to make money.
Pip,

Speaking purely theoretically here, if we define orderflow as net market orders (buys (positive) + sells (negative)), the signed result would be the "flow" (positive or negative). So if you knew there was a strong imbalance of market orders (in volume) at a particular location, and by market orders I especially mean stop orders (SL/TP/pending long/short stop orders) as they become market orders and thus generate signed orderflow, do you not think you could use that in any practical sense to make money, whether by itself or as some piece of a strategy?

I'm not saying you can or can't, or that this is what orderflow trading necessarily is. But does that make sense?
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  #1025  
Old May 4, 2012 8:19am
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I'm posting this from the library. Says all you need to know.
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