Kreslik.com - traders community since 2006

I got this from NT by email today Order Flow

Anyone has any comments?

Its only for futures but a nice edge (if its useful)

I used a similar sort of software when trading the betting markets, it worked well, but I dont know if it could work on the forex market?! It looks good to me.

Doesn't that requires level2 ? I only know FXOpen made a special program to show it.

I was watching MBT level 2 last night and I couldn't make head or tail from it. OP problem so need more practice if I stay the course. How 'tradable' is the level 2 book for MBT since forex market is decentralized, maybe this question to TRO.

Also, TRO, I was looking at the market depth orders and the column with size is the volume I take it, I see lots of 1000 onwards which I presume this 1k lots right? So why is it sometimes I saw just '2' in this column?? (this confused me so does that mean 1000 doesn't mean it's 1k lots?)

Actually I'm more interested in reading the tape or time and sales since MO originally started using this as edge for zlines in the NLA thread. More on this later.

TRO,

I'm trying to make some short vids on reading time and sales when price approaches zlines, then stick it on youtube. Then link it back here for analysis.

Do you mind if I name this website in the process or is this a no no? Since you're the mod here I like to ask you first.

Seems like order book is a 'taboo' subject on many forums, see if I can glean anything from here

Thanks

Pablo a video would be great I would love that, but that is just my opinion. I find when I see things happening in real time, it is so much easier to understand than looking at a static chart. Seeing someone trade the zlines in this format would be fantastic. I wish Dragon would make a short video of how he trade's, but I imagine he is already busy enough and what he does at the moment I appreciate.