Order flow is simply the way that the market communicates its message and shares information about buyers and sellers. Information like who’s in control, buyers or sellers, or when is that control shifting to the other side? It gives us clues and reference points, and most importantly shows us where and when to do business in the market.
In today’s video we highlight one of the ways in which we use the Order Flow information to point out proper trade location to us….areas in the market where we should look to do business. Areas which not only offer us an edge by putting probabilities in our favor but also enable us to effectively define our risk.
Todd Mitchell is the CEO & Founder of Trading Concepts, Inc. He's been trading since 1994 and has mentored over 12,000 traders from Wall Street to Main Street. He's an expert at developing strategies for creating more consistent daily, weekly and monthly income.
Join Over 84,750 Traders Receiving Our FREE Daily Trading Videos