Posted by Mike on Jun 21, 2017 in Blog
I made this video to help traders understand order flow better. I took 15 commonly asked questions and created this video where I answer them. If you haven’t already subscribed to my YouTube Channel please do by clicking on the YouTube button. #1 – What kind of charts do you use? Minute based, range based, renko based, etc.? #2 – What is the best time frame for trading order flow? #3 – Why do you use a 10 range and a 4 range ES chart? #4 – What platform does...
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Posted by Mike on May 23, 2017 in Blog
Last year I created the Orderflows Inner Circle. My goal was to create a place for traders who want to take their order flow trading knowledge to a higher level with advanced training and new indicators. Since then I have 35 recorded training videos on order flow and 7 indicators available for Inner Circle members to access. I have not taken in new members for a few months, but traders have been emailing me asking if I will be taking in new members. Due to a lot of requests...
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Posted by Mike on Apr 23, 2017 in Blog
On Friday, April 21 there appeared a beautiful low in the ESM7 futures. At 10:16am Chicago time, you can see the Point Of Control appeared right on the bottom of the bar. You had a ratio bounds low of 0.2268 which indicates stopping volume and you can see there was 2024 traded on the bid side of the low. And the cherry on top is the order flow divergence appearing where you have a new or equal low and positive delta. Now if you are not convinced yet that this is a swing...
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Posted by Mike on Mar 8, 2017 in Blog
I wanted to post this chart in the ESH7 5 minute footprint chart. There was a nice strong negative delta, stacked imbalance and in the next bar there was a bearish ratio 209.7 with a single print high of 9 lots. which is a strong sign that the market would continue lower. Traders always ask me “is it important where in a bar an stacked imbalance occurs?” Honestly I have not found it to matter much. You would think the higher in a bar that trades lower the more...
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Posted by Mike on Feb 12, 2017 in Blog
It is not very often that I recommend trading software, but once in a while I come across a tool that I think is useful for traders and is affordable. There is a school of thought out there that the more expensive something is the better it must be. And with trading software a lot of people actually think and believe that. They think if they buy a trading software for $3000 that they will become a successful trader and can quit their job and phone it in from the...
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Posted by Mike on Feb 3, 2017 in Blog
What kind of trader are you? One simple question, what kind of trader are you? Most new traders don’t understand this question. It is like asking a football player “what position do you play?” A problem many new traders face is defining what kind of trader they are. What this means is are you a scalper, a short term trader, a medium term traders, a trend follower, a long term trader, etc. Each successful trader, just like each professional sports star,...
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