Order flow trading involves analyzing market orders to predict price movement, using tools such as an order book, market depth, and volume profiling. This strategy provides deeper insights into potential trends, resistance levels, and support. Platforms like NinjaTrader significantly aid in implementing these strategies. Complemented with technical, sentiment, and fundamental analysis, the precision of order flow trading can be enhanced. Deceptive practices like spoofing should be watched out for. Continuous learning and risk management are key to success in this strategy.
