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I'm sure there is alot of information in the trading arena about orderflow. You have a great question. I personally been a person who tries to understand all of this world of trading, and with technology now man you can get a lot of information that can fry the brain, so over the last several I've learned to keep it simple and with orderflow now I see markets from a different perspective.
I have been know a gentleman by the name of Bob Amico from Veritas Trading for many years, and he has a great understanding about orderflow and is very knowledgeable in it. He can explain it extremely well and helps you as well one on one if needed.
I'm a member in his room and his trading style might not be for everyone but he makes green most of his days. All of his trades are accounted for and has full transparency on all of his calls.
Bob takes this trading very seriously and sometimes gets upset, BUT , plays the game hard and that's what meets my personality.
Bob does his homework and plays to WIN. My kinda of guy.
That is a deal. But first please. Don't reply to mine, LOL.
That is like Hirohito asking Roosevelt/Truman, "We are finished with you. Don't ever try to bomb us again."
Seriously, this forum is an open forum, where an intelligent exchange of ideas is permitted.
I simply asked the room if there are indeed, "Mother Teresa like lawyers" who love the little guy as you just inferred by this
munificent trader, and only charges $3.00 per day.
Are there lawyers like that? Good ones?
Perhaps.
Tom Brady loves football. He has a lovely wife, nice kids and has no contract.
Do you think maybe, he could play for some losing team? Just because he is rich and loves football and loves the little guy?
I don't think so.
Of course, my words, busting your get rich quick trading balloon, hurt.
But my advice has cost you nothing.
The market will be nice to you. Some software will happily say "Order Filled." And take all your money.
You don’t have to listen to me. 'But don’t thin you ever in your wildest dreams could tell me what to do.
Now run along, open an account, and drive a truck a year from now.
TB
You can follow the Pit , couple of traders who discuss trades using footprint Market profile and charting , these guys are serious and if you are beginner i wouldnt advice you to start with them , learn the theory and and follow then on twitter and decide if you wanna join
My guess is Order Flow Analytics(OFA) has a successful trade room for a fee. However, I have not attended it because I am reluctant to put out another $200 + per month for a room, and I have an independent streak. Order Flows Trader(OFT) has a free weekly training Monday evenings at 8PM est. He used to have a trade room when he was in the Philippines. Moved his family back to Chicago last year. I prefer learning from documents and videos and webinars plus forums like futures.io. I have worked with order flow concepts for some years now and have encountered a few vendors and their code. I have licensed OFA code as well as NOFT code, and OFT code. For my uses OFT code is most useful because it has the essential indicators that will plot on both footprints and most other bar types like candlesticks, etc.. It is also compatible with SharkIndicators Bloodhound and Blackbird for creating automated systems. For example, Mike Valtos has had a lifetime of trading experience using orderflow in his employment with major firms and had his knowledge programed for NinjaTrader7 and 8. Some of his indicators are Price Rejection, Delta Scalper, Absorption, Pulse, Bulge, Turns, Enigma, Transition. Like most vendors something new is coming. NOFT does a good job on Trapped Traders. All of Mike's tools are based on Bid Ask volume relationships within a bar and over a series of adjacent bars. OFA has a programmer that in the past year has made the OFA software and its ALGO trader a very practical solution to orderflow trading. The programmer released a new module that permits a trader to create his/her own OF concepts using intrabar bid ask data without knowing C#. Some years back I found a tool on BigMike's forum that has become a core tool in my trading after modifying it. I am trying to trace down the source and see if it has been modified for use with NT8 because the NT7 ver uses GOMI data....which poses problems for some traders. The Bid Ask data source needs to be rerouted from the GOMI file to the NT8 BA data Tick Replay. I am not a C# coder. The secret, I believe, to one aspect of OF trading is using a smoothed normalized delta which this oscillator is based on. When the ratio is greater than 80% or less than -80% a reversal or consolidation is at hand. One major flaw in OF trading was highlighted by Fulcrum Trader in that it showed price and cumulative delta can diverge especially with some symbols(currency futures) and at certain times of day like the latter part of the day.
Currently right now at 3:08 pm there are approx. 53 people talking about others and stuff you can buy.
If everyone here would collectively put all this effort and focus on some specific trading plan / strategy it work be the best in the universe instead of focusing on things that do nothing but vent your frustrations. My 2 cents worth about 1/2 cent.
