Order Flow Getting Started Tutorial
What is Order Flow?
Technical analysis is the "belief" of many practitioners in the financial trading industry. They use technical analysis to predict short- and medium-term market changes, and judge future market fluctuations by observing past prices and trading volumes.
However, while domestic traders are still pursuing traditional technical analysis such as Wave Theory and Dow Theory, European and American traders have taken the lead and began to use cutting-edge order flow tools to confirm each of their transactions.
What is order flow? Order Flow is a professional volume price analysis tool that has taken Wall Street by storm in recent years. Through the order flow, we can interpret everything that happens in the market, and the process of confrontation between the long and short sides will become clear at a glance.
The order flow overcomes the hysteresis of the K-line, and enables accurate visualization of the distribution of orders from both long and short sides, helping traders observe the market in a higher dimension and analyze the microstructure of the market.
Order flow can be applied alone or compatible with other technical analysis methods to find more accurate market intervention opportunities for transactions, set more reasonable stop-profit and stop-loss points, and improve traders' ability in capital management
You can search for books related to order flow trading through Google, learning it is very simple, and at the same time it is particularly helpful for trading. We believe that through learning, you can further improve your trading level and capture more trading opportunities
Information content does not constitute investment advice, investors should make independent decisions and bear their own risks