DislikedNot to be a stickler for accuracy, but this isn't orderflow trading. All your doing is commenting on market mechanics. There is no predictive value.
To trade order flow you need data from outside the chart.Ignored
Bluefish
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Collection of posts/threads from orderflow traders 0 replies
Using future orderflow, to predict spot prices 16 replies
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DislikedNot to be a stickler for accuracy, but this isn't order flow trading. All your doing is commenting on market mechanics. There is no predictive value. IE- It's great that you understand the mechanics, but it isn't going to put any money in your pocket.
To trade order flow you need data from outside the chart. Level 2, a brokers order book, a service that gives you info about brokers order books, etc. There is a fuckton of money to be made from order flow trading if you know what your doing, but you need the data feed.
And no, I won't tell you...Ignored
DislikedTo trade order flow you need data from outside the chart. Level 2, a brokers orderbook, a service that gives you info about brokers orderbooks, etc.Ignored
DislikedThere is a fuckton of money to be made from orderflow trading if you know what your doing, but you need the datafeed.Ignored
Dislikedfree or paid?
how much it is a "fuckton of money"? I ask because in this board i saw a member asking or proof for anyone that claims to make more than 15% year. For him more than it is improbably.
on the other hand i saw another member showing results of 100% in a month with less than 7% DD.
both have vouches from the owner of this forum.
and i aks it because j16 people aim for 300% year (no ideia if it is possible or not) and i read somewhere that 300% year was what you were aiming...although i did not read any post from you saying...Ignored
DislikedWhat I come to realise is that, the biggest puzzle that is missing now is the "Order Book" itself. If this Order Book is found and known, it can help to answer the OP's original questions about :
Who places them?
Why they place them?
Where they place them?Ignored
DislikedHi,
There's no way to have a true market depth, order book level 2, traded contract, time and sales etc... in forex spot, due to the OTC market structure, I think even with EBS or Reuters data feed.
A way can be using forex Futures data, since reflects spot price and is 5-10% of all forex market, and has market depth.
Lubo.Ignored
DislikedIgnored
DislikedHi,
There's no way to have a true market depth, order book level 2, traded contract, time and sales etc... in forex spot, due to the OTC market structure, I think even with EBS or Reuters data feed.
A way can be using forex Futures data, since reflects spot price and is 5-10% of all forex market, and has market depth.
Lubo.Ignored
DislikedBut who's order book? The FX market is decentralized so each institution has it's own order book.Ignored