DislikedThe one thing I can think of that could help us here is the fact of using the flow info we can get, which tells us where bids/offers/options are or rumored to be (and who is behind them) and watching the price action there or anticipate a reaction to that liquidity.
Regarding what nasir is saying... I think what you're talking about is longer timeframe sentiment arbitrage type of thing. It's the same mechanics behind it all from intraday to longer term, just different levels of play.
If sentiment always lines up with current price, you have...Ignored
Now that could be an opportunity to make some profit in anticipation on that certain event and that is my point.
As far as entring the trade is concerned,..... hell when l'd be able to get my sentiment thingie right i' can enter long on an MA crossover dont' need an order book for that.