alifari's Blog

Avatar

DAY 22 - Order Volumes & Flow

Sometimes there's nothing to be gained by asking questions about individual losing trades. Markets move according to order volumes and flow. If a move peters out surprisingly quickly, or the market bounces when you didn't expect it to, all it means is that there was a high enough volume of limit orders at that level to absorb and repel the push. And conversely, if the market breaks through a S/R level, trendline, etc, it means that the volume of limit orders at the level was less than your analy…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

Day 6 - Market Moves According to Order Volume & Flows

Sometimes there's nothing to be gained by asking questions about individual losing trades. Markets move according to order volumes and flow. If a move peters out surprisingly quickly, or the market bounces when you didn't expect it to, all it means is that there was a high enough volume of limit orders at that level to absorb and repel the push. And conversely, if the market breaks through a S/R level, trendline, etc, it means that the volume of limit orders at the level was less than your analy…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

DAY 15 - UNDERSTANDING ORDER FLOW ON PRICE CHART

Understanding Order Flow on Price Chart:
"Trading is not about markets; it's about thinking"
Majority of novice retail traders do technical analysis and use price and time chart to execute their trades. Each trader have their own interpretation of price movements they see on price chart and use different tools or indicators such as moving averages, fibonacci, trend line, gann, support/resistance, supply/demand etc. to execute their trades.
There is one very important aspect of technical analy…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz