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Originally Posted by Darkstar I'd like to try and clarify a few things... First off, what Scotty is doing is one way to trade orderflow, but it isn't THE way. The truth is, there is no ONE way to trade orderflow.
[color=black][font=Verdana]As I've said before, orderflow trading is a mindset. The common thread that ties it all together is making decisions based on future orders. Sometimes those orders come from fundamental factors (econ reports or headlines), sometimes from technical (trend... |
Good stuff thank you. I am trying to figure this out, and have been studying VSA quite a lot, as it seems there's some overlap with that method of analysis and orderflow. I also have the books "Beat the Forex Dealer", and "Reminiscences of a Stock Operator" I'm reading.
If I can suggest something though: can you give a real life example of what you are describing? Maybe post a annotated chart? Not sure if that gives away too much or whatever, but I would find it very helpful. A lot of people (like me) are more visual learners, so seeing it on a chart is a lot easier to grasp than trying to picture it in my head just from reading text.
If not no problem, I will keep working at it, but wanted to request that if possible.
Am interested in your book as well...
Thanks.