- Joined
- 16 February 2008
- Posts
- 2,906
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- 2
Charts/reading order flow off the price ladder (also known as DOM or order book).
Bit different these days. He remembered price patterns (charts), not your traditional 'triangle mumbo jumbo out of TA textbooks', but specific patterns relating to specific markets, be that corn, cotton, or an individual stock etc, and tested the market with actual trading to work out active volumes (order flow).
Algos have unfortunately, changed the landscape and made order flow a lot more blurry......
Bit different these days. He remembered price patterns (charts), not your traditional 'triangle mumbo jumbo out of TA textbooks', but specific patterns relating to specific markets, be that corn, cotton, or an individual stock etc, and tested the market with actual trading to work out active volumes (order flow).
Algos have unfortunately, changed the landscape and made order flow a lot more blurry......
