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  #888  
Old Jun 25, 2010 1:27am
TC East's Avatar
"I reach!"
 
Member Since Jun 2007
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Quote:
Originally Posted by Darkstar View Post
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.
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  #909  
Old Jul 6, 2010 4:31am
TC East's Avatar
"I reach!"
 
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Quote:
Originally Posted by pvpn View Post
Pip, I'm a long-time stocks trader (15 years and counting). In stocks you have accurate T/S and Levels and you can use computers to quantify OF and execution/cancellation of orders. Everything is "clear" at least when compared to FX. Guess what? Stock pros have come up to all sort of gimmicks to hide their intentions in the clear and even having a L2 book, a T/S etc (and there're markets where T/S are much more accurate as well as L2 as opposed to US market), you can't be always sure what's going to happen.

The outcome is that OF-T/S-L2 has some...
Great post pv...thanks.
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