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  #425  
Old Sep 5, 2009 3:58am
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Member Since Dec 2007
Thumbs up Orderflow

Mr.SKfX,
You make me laugh with your order flow theory,why tell half truth,Volume and order flow go hand in hand,they cannot exist without the other,so if you are talking about orderflow you must also talk about volume.Also retail traders cannot push around the market,they can only take what is given to them.One advantage we do have is getting in and out of any market.
Huge money traders can and do push the market at times,but they must have a concrette plan for getting in and out of the market before they take a trade.That's why they have to accumilate,buy wholesale,tell their brokers at what prices to start selling retail.Always remember rising prices attracts buyers,so when you talk about order flow,these are resting orders waitnig on the retail traders long before they ever thaught of putting on a trade.Once the sale is over do you think the market can go any further,bull trap followed by short covering,that's why markets fall so hard and fast.Understanding the mechanics of the market will go a long way in you becoming a successful trader.Please don't take this personal,I just don't like when people are holding back,thinking that they will affect their income if they tell all.The market place is to BIG for that.
Thank you
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  #538  
Old Sep 8, 2009 11:21am
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Member Since Dec 2007
Smile Order Flow

Very interesting postings,good job to all who are contributing to this post.
My own thinking is that we are just looking at part of the puzzle,order flow,price action and volume are the three main ingrediance that makes up momentum,knowing all three parts individually will get us no where until we start to understand the power of momentum,with out momentum the markets are going no where,our job as traders is really to study momentum,how ,when why it has such effect on any given market.In some markets orderflow and volume are given out the next day.As a day trader all we have as a guide to trade with are price action and momentum.I am not suggesting any indicator,chart patterns or candle patterns,all am suggesting is that you pay more attention to momentum because that is the key to succeed in trading,without momentum you are just spinning top in mud.Remember Usain Bolt ok that's Momentum
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  #765  
Old Jan 17, 2010 6:16pm
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Member Since Dec 2007
Wink Order flow

There are over thousands of systems or methods in which to trade the markets,and none is better than the other,it's just the trader's interpretation of a perticular method and his psychology of that method.Once you are making consistence money that's all that matters.A Rose by any other name smell the same.QUESTION WHEN WAS THE LAST TIME you identify strong order flow or better yet a strong supply area or a strong demand area and the market began to trend and did not cross these most popular MA,20 or 50 SMA? It has been said that MA's are lagging Indicators,HA Ha HA but when was the last time a trending market did not cross a popular MA.Please explain.
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  #876  
Old Jun 24, 2010 10:09am
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Member Since Dec 2007
Default Big Dogs

What does knowing who's behind the orderflow do for you?Do it give you DEST.Direction,Entry,Stoploss,Targe t.DEST is your moment of truth the final episode.We are all passengers on the train,not the train driver,we enter and exit at different station.We cannot move the market,and who cares who or what move the market so long as we identify the direction and hop along.Prices never lie,at times it may fool us but it never lie.Hop on the train in the direction it is going and not the direction you want it to go and all will be OK.
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