We are very appreciate of Thomas and Casey from Order Flow Edge for taking time this week to share some good old fashion education at the Pub! During this session, Thomas covered:
- How the market is truly structured through Supply and Demand
- How to identify key ares of Supply and Demand imbalance… where a (RIP) reaction in price is expected to occur
- Base your trading decisions on market reality, not your emotions!
- Stop being a victim and start taking advantage of stop-runs!
- See how a simple shift of focus can make a world of difference to your trading.
To view the recording, please click the video link below:
If you enjoy this type of education, you can actually watch Thomas trade live by clicking the free trial link below:
Free Trial to Watch Thomas Trade
Cheers,
The TradingPub
“Trade, Talk, Learn – Cheers to Success”
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Risk Disclaimer: Past performance is not indicative of future results. Futures trading involves substantial financial risk. Views of guest commentators do not represent those of TradingPub.com. Article intended for educational purposes only and not meant in anyway as a solicitation to buy or sell certain securities. Please consult your personal financial adviser before using this information for your own trading purposes.
Common wisdom is that leading indicator cannot be based on price action. Then, what is the data feed used to produce indicator at the bottom of the charts?
Thanks for the great question Andrew!
I apologize for not responding earlier…this is the first time I’m seeing it.
All of our studies are indeed based on the order flow and not on price.
Specifically we are tracking the buy orders coming in on the offer and the sell orders coming in on the bid…we are tracking the aggressive buyers and sellers of the market.
I’ve learned first hand from closely watching the relationship between order flow and price action that order flow is the fuel that drives price and change in order flow precedes change in price, so therefore we look for exhaustion in the order flow to occur before it occurs in price.
Using order flow momentum information gives us a heads up, the opportunity to glimpse into changes in price, before price actually changes as opposed to using standard price based momentum indicators which give clues after price has already changed.
If you’re looking for something that leads price instead of lagging it why not calculate changes in the momentum of the factors that influence price ,the Order Flow & Supply & Demand conditions, instead of price itself?