Leoheart wrote:I am no scalper, but if I were I would definitely want to see order flow in conjunction with candle flow.
If you are not using candles for the most part then you're purely using numbers (buying/selling volume) to base your decisions on? You are just sitting there feeling out the flow and entering when you see (feel) it. How do you tell when an algo or other bogus traders are doing 'shady stuff' to fake you out? I suppose its hard to describe this kind of behavior in hindsight.
Do you exit on order flow as well? Btw, what trading platform is that? Thanks Pawel for your contribution, you're a dynamic force.
the platform is multicharts
yes im looking at "the numbers" ---- on entry and exit
but just roughly!
i can see more or less how much is someone buying/selling ---- it takes some practise tho
but most preferably i look for the "pressure"
you want to see someone fighting for his life

and then you either break him if he loses or join him if he wins
and the rest of the time you scan the market and join for some small moves ---- meanwhile you get the overall sense of whats up
when it comes down to algos and boys fkn around there is a lot of "hidden" stuff going on
like algos frontrunning ---- most of the time there is no way to see it ---- you just know its there
but the more you look the more you see of course
and if someone is really good you see it AFTER the move (which also gives you some information)
but there are some times where its stupid obvious
we could literally sit down for 2 - 3 hours and you would just see someone spoofing or flipping etc.
its rarely tradable tho
over time you also learn to anticipate some things
you learn to gather and connect information
lets say someone hits the market with 500 lots
he's not getting in ---- he's getting out
nobody that big would just show you what they have
so when you see for example those 500 lots hitting its already done right?
YES
BUT!
now you know that somewhere in the world there is currently someone clipping 500 lots
so you can watch for certain stuff
sometimes you even can see the "way" someone is trading (agressive, passive etc.)
you can see some guys trading certain setups, certain hours, certain days
it all snowballs over time
the more you do it the more information you have
you also get better at it so you can use the information better
in the end of the day its all about thinking like a market maker
what would you do if you had unlimited volume
you would need liqudity
so you would somehow convey this illusion of weaknes to buy or show strength to sell
im tired so ill stop here
let me know if any of this makes any sense
see you tomorrow guys!