Order Flow Trading for Fun and Profit - Book

Order Flow Trading for Fun and Profit
aka
"Guide to making Smexy trades"

You do realize your posting in a thread that I started on December 21st 2011?

In any event... there is no ebook. It's hard cover only.

PS - For those of you wondering why I don't post much here anymore, the reason is that I can't. FF made me a commercial member awhile ago so I can't post in the main forum anymore.

There is no large trader info on EBS. EBS is just a high liquidity platform thats nearly identical to currenex or hotspot or any futures trading platform. You can look at the DOM and see whatever limit orders market participants WANT you to see, but that is only a fraction of what is truly there. And you won't see any stops. Nor will you see WHO is behind any of the orders you can see...

Regardless, figuring out what orders are where isn't nearly as hard as most believe. Unfortunately, I don;t have the time nor desire to explain it here. If you want to know how to do it, you'll just have to buy the book.

Was scrolling through old posts on FF and came across many people referencing you. Thought I'd check your posts out and ended up here.

I'm gonna assume some of your old posts were deleted because your book

Reading the thread on Order Flow has sparked my interest and if I'm not a jobless college student right now I'd get that book already.

There was only one thread and a handful of posts deleted.. but that was way back in 2006. I actually reposted those threads on my blog a few months ago. You can read them at:

Ohh Sweet Liquidity-1 (http://www.darkstarforex.com/Blog/tabid/200/entryid/157/Ohh-Sweet-Liquidity-Part-1.aspx)
and
Ohh Sweet Liquidity-2 (http://www.darkstarforex.com/Blog/tabid/200/entryid/156/Ohh-Sweet-Liquidity-Part-2.aspx)


Best thing I would recommend is to read the all the posts on the Order Flow Trading Blog (http://www.darkstarforex.com/Blog.aspx). There are a few details that you need get the book to learn about, but there is still a ton of good info in there...

Thank you and will do!

OK well thanks for letting me know that..yep I know what you mean, the levels are pretty obvious most of the time, if the headlines are not causing alot of natural language algos thru throw hard momo.

Flow is like one of those things...yeah don't u see it...buy if it is going up, sell if it is going down...could it be any more obvious, that's when the reversal comes in. I get clues like inverted spreads on ECNs, choppy battles going on a support level like the EURUSD at 1.3000 on feb 16th.

Still when Forexlive posted that a ACB was buying the Eurusd yesterday feb 16th, the pair did then move up 200 pips. Sweet Trade if you could sit thru all 3 of the stop sweeps, and the americas selling socialism as usual first thing, but hey they bought it in the end...

Point is someone knows what the big fish are doing and when they do it..so it must be coming from communication between bank traders.

OrderbookFx also has a commercial thread here on ff and this software claims to show order flow. Frankly I took up futures for awhile so I could take a look at time and sales...here again you would see a big order one way then a bigger order the other way and vice versa....I said to hell with it and went back to good old support and resistance and turned the dam new audio wire off cause greece was giving me a headache.

Not many reviews availaible! I would (other perhaps also) appreciate if someone who has read the book could share their opinion about it and if its worth the price.

Here's a bunch I had quick access to:
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Outlier
Great book mate, very, very well done. You've explained a complex topic extremely well, with little to no ambiguity. Something most others have tried but failed, and miserably at that.

Clear, concise and straight to the point which is what I really loved about the book. Like someone else mentioned, they were only a few pages in and they already had loads of notes. I don't take notes, but I had to stop reading numerous times because the ideas kept bombarding my head as I understood what you were trying to convey in the book.

I'm 1/2 way through my second read and am already testing my own strategies based on what I already know, and what I've learned in your book. I'm a software engineer so I even have some algorithm trading ideas I'd like to try out.

Thanks for your book Darkstar, I will go balls out and say it's the best I've read yet. I was smacked with ideas and not many other books I've read on trading in general have done that to me. Well done buddy.

Cheers
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JSlee:
I have received your book on the 29th of Sep. Look thru the book, it is very well
written and is quite easy to read for a newbie of order flow knowledge.
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k1:
Holy sh** Darkstar, this is phenomenal. And I've read everything you've posted on FF!
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kenji:
I've just received the book and am enjoying it. Great job and my greatest respect to
you.
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ScottApple:
Well i just got the book (last night) and read it from start to finish in one
go - not sure the girlfriend liked me ingoring her all night - but it was well worth the
read. Confirmed a lot of what i was not sure about whether it was right or wrong. A whole
new way of thinking by putting it into perspective. The liquidty vacum is something else!
DS 'Great book'. Thank you
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Trublu:
I think it is definitely worth the cost and then you throw in the forum which is a nice added bonus. I think this is going to be a great place to learn order flow and to fully understand the concepts of the book.
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Abu Nura:
got mine today! don't know if i should read it or eat it...
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Ted Ciporin:
Got mine today and am on page 40 right now. So far it's excellent. Great information and I think it's very well written. Maybe it's because I have an intense interest in learning this, but I didn't find myself "drifting off" at all; it's held my interest the whole way
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Richard Angelo:
I'm about 1/3 of the way through. Have to say, it's living up to its billing. The organization is excellent and the writing is superb. It isn't easy to explain complicated things so that everybody can understand them but Darkstar hits it out of the park in that regard. So far, all I can say is "Well Done!!"
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Travis:
Overall, I think DS did exactly what he set out to do. He was trying to give people a foundation of OF trading in which to build from. The answers aren't all there in the book, but that would have been impossible to achieve and frankly, wasn't meant to be. I think in so many words, that is exactly what this forum was created for. This is what I am hoping for the most, that the forums will help identify for me, the best way to view Market Sentiment.
Thanks Daemon for your time and effort in writing this book!!
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umanetu:
I must say it's a gem! I bet nothing even similar on the subject of trading has been published so far. Especially when it's done by the guy who doesn't come from banking career. But then again, if Darkstar was an ex-banker he wouldn't dare to publish anything like this just because it wouldn't be honest to his old friends.
The only flaw I found is some typos and I would probably rephrase some sentences but that doesn't affect the quality of info presented in the book.Many thanks, Daemon! I owe you a drink if we meet someday!
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Tyler:
I just finished the book and it was completely worth it. Thanks DS. The book is great, it's a perfect guide to let you know your on the right path or point you in the right direction.
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arana67:
Sweet baby Jesus. I'm only ~30 pages in yet I already have a full page of notes.This might be a short book but it doesn't waste a single sentence
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Tact1cal:
I just finished the first section on micro structure analysis. Really great book so far DS. I know the point of the book to explain exactly what OF is in a way that is understandable. I think you did an amazing job of this as far as I have read. DS explains the concepts of micro structure analysis in a clear way using simplified scenarios and a liquidity model to demonstrate how orders move price on a nano level. He also shows how the behavior of different types of market participants impact price as the result of their decisions to place orders.
I really wish I would have had this section when I first started digging into OF as a new trader. I think new traders will find this chapter extremely useful. It took forever to work out some of these concepts that you explain so clearly.
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rocslocs:
All I can say is wow. Was up til 2am reading, jotting down notes. It is worth every cent. Really opened my eyes to soo many things as well as clearing up a lot of misconceptions that I had. Its a book that you'll read over and over again and still pick up something new. Thanks Darkstar.
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Rick86:
I have to agree with the above....the main thing I'm impressed with is how intricate the concepts are yet how beautifully explained they are....You're really becoming a first-class scribe DS! My hat's off to ya.
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Wamo:
I have just finished the book, which I quite enjoyed. It is a fairly quick, easy read, especially for someone who has already gone through Harris' Trading and Exchanges (which was anything but quick and easy). Daemon lays out the landscape well without getting bogged down in details. While I had pretty much already realized the core strategies he lays out in the last section (Oh Sweet Liquidity was a big eye-opener for me), I was missing one piece which Daemon specifically mentions. I now know the one key component I am missing and I also now understand how to go about acquiring it.
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John Phoenix:
Just skimmed through the book and my first impressions are good. Professionally printed and bound. Nice clear font. A few of the illustrations are a TINY bit fuzzy but not bad enough to detract from what's being depicted.Outstanding first effort, Daemon. Are you working on the sequel yet?
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Roadkill:
Nice work DS! Excellent info and well worth the investment. I have been at this trading game for quite some time now and have learned a thing or two. The section on "Microstructure Analysis", and particularly the chapter on "Price Change and Liquidity Disequilibrium" was an eye-opener. Anyone who has looked at a chart or placed a trade has seen price change. But; my hunch is few have actually sat down and REALLY thought about the specific dynamics that underlie each price movement. Good stuff IMHO!
Valuewise.....when one considers how much time they may have sat in front of their screen looking for the next sure-fire push-button system at FF or other sites....and how much they value their time (hourly) at.....this book becomes a steal. For less than a day's pay worth of time....they get some real meat and a follow-up resource site. Is this the next MA crossover system that promises millions? Nope! Is this a toolbox full of ideas and concepts that can help lead the practical trader to success? Sure seems so!
Thumbs up from me.
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Bob Flowers:
Hey man I got the book yesterday! Impressive stuff you've put together.
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Gabe M.:
Excellent information. Thank you very much.
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Jimmy Jones:
Finished up the book. By the end things have become much clearer. Before I was drowning in information overload from the FF thread. So many people talking about so many different things. I feel like I have a path through all that stuff now, a base of concepts to study, contemplate, understand and practice on. The book was worth every penny!

I don't think I will be participating in these forums over the next 30 days. Too many people talking about too many different things. I need to focus on the core ideas in the book, work through the 30 day practice, and make these ideas my own before I can contribute in a meaningful way here without getting off track.

See you all in 30 days. And thanks for sharing the info in the book DS. Totally worth the price!
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If you looking for "system" like enter here , exit there... this book is not for you.
If you looking for "understand" the market and open your mind every day with what really happen there, this book is for you and have good relationship price-content.

Thank you, Darkstar and "successlife" for your response.

it is really simple...

if you want to jerk-off and speak shit and trade like a complete jackass then read and participate in the journals and systems threads on here. i recommend the pitbull nonsense or that bumapatria kids journal where he posts ridiculous rubbish 50 times a day like anyone fucking cares (you can't NOT see his name constantly in the active thread list. someone needs to learn when it is time to shut up).

if, instead, you want to read text by someone who is intelligent and has been doing this shit for years then you buy Darkstar's book (and no, not try to pirate it you fucking clowns!).

it might seem like a difficult decision : one hand - dipshits and novices and jokers who don't know a fucking thing spouting nonsense 24/7 like they even have a clue.... on the other hand - buy a book that concisely covers a broad range of topics rarely discussed, let alone UNDERSTOOD, by anyone on the muppet factory and get a solid handle on reality.

how many other members on here have written, published, and globally distributed their own book? i would guess DS is the only one who can stake claim to that. what does that tell you? anyone can sell some shitty MA cross ebook, but it takes a different level to publish a real deal book that people then actually buy.

if you've been at this game for a few years then you will, hopefully, have already had some exposure to the things covered in the book. in that case it won't be hugely revelatory and is more like a guidebook on how DS manifests success, and you'll probably find a few bits and pieces that you might not yet have had exposure to and so give you new avenues of research that you had previously not known about or considered.

if you are fairly green to trading or actually believe that most people on this forum are as clever as they pretend to be.... then you are totally screwed and should slap yourself in the face with a wall, order Darkstar's book, and get some solid education and save yourself a lot of time hunting around in the dark for education that exists online but is hard to consolidate into one place in such a complete package.

yes, there are a couple of very minor errors in the book, but you'll be educated enough up to that point to immediately see that it was a mistake and on top of that the book will have educated you enough that you will immediately know what the correction should be.

buy the book, or gtfo and diaf. nuf said.

I love your posts nubcake... straight talking and no bs, you might have pushed me that extra bit to get DS's book

I have literally done a backflip from following trading system type threads to actively researching order flow and also having that light bulb moment. I think the book will confirm my thoughts these past few days.

Thank you for your honest opinion, nubcake.

I agree that public forums are probably one of the worst places to look for systems and trade ideas. It's good for general trading/broker discussions, but only with very few good strategies (James16 as example).

After reading all those comments about the book, I think it would be a good decision to order it. I don't look for someone to tell me exactly when to enter/exit a trade, I believe books that let you figure out that by yourself are more helpful. If you don't help yourself with your trading, no one will.

What I think is really cool is that once you grasp order flow analysis, you can see why those price action strategies work (like J16) and when/why they won't work.

PS This book is not "buy here, sell here". Its more of a mindset, with more possibilities, other markets, and room to grow outside of it once its established.

you're right!
understanding is one thing...
right next to that is a system!!
Could darkstar develop a orderflow system for mt4??
That'll be the day i died and go to heaven!

Goodness DS, stop selling the book! The more order flow traders there are in the market the less effective it will be (like you said it yourself in the book).

If anyone is interested in buying my copy please PM me. I live in the UK so I can only send it to someone in the UK. I thought the book was good, but I am really a price action trader so I won't be using the order flow methodology.

Hi Neurotrader

Please pop me a PM with your contact details. Sorry I can't PM you as I'm a new member on this site. I'm based in the UK.
Many thanks

I can't vote for this thread, but it's got my 5 stars.

Superb book, nice work DarkStar.

Good post Emerald. Spot on there. I've always liked the method myself, but now understand why it works. Thanks to DS, cheers mate.