The Importance of Reading The Order Book When Trading

[@SelfmadeJared]

This 30 second video is more valuable than 99% of trading content on KZbin🔥

[@kevinbrautigam9773]

I learned nothing here

[@figure-it_out]

​@@kevinbrautigam9773the order book is the reason price go up or down

[@rajanjand1355]

Ashraf, salaam,Great learnings from you.l want to understand order book and orderflow.Please make a detailed vedio on it.

[@felreizmeshinca7459]

As someone from a smaller market, it's interesting to see signs that there seems like there are forces shaping the market.

[@isaackhan5730]

I feel like order books aren’t necessarily needed but do provide great confluence. I was short Thursday 4632 but cut at 4616 when i saw offers get lifted. Ideally i should’ve used the same edge i used at 4632 to get back in at 4622 and ride to 4600 and lower Umar you provide great insights and I’m glad to have found your advice! Everyday market provides opportunities and I am trying to hone in my edge that way i can become a consistent profitable trader!

[@oofmeister24]

Who do you get your orderflow software from?

[@fazz1206]

bro, guide us to read market volumes

[@mohsinahmad2894]

Your on youtube, stop being entitled and search that shit like everyone else.

[@MFuturesTrading]

Can you make a video on footprint charts?

[@imtiyas4707]

Using to understand . But i expect a video about orderbook

[@hasantao]

You can get all that information from price action in the chart itself as well.

[@TJ-ss1tv]

No, you can’t. You’re missing an enormous amount of information by looking at a candlestick. DOM/lvl 2 is rawest form of market generated info and therefore has an edge when comparing to looking at a chart. If a buyer comes in and throws 5000 lots at the ask and gets absorbed and seller market orders in 3000 smashing the bid, re offers at that price, you won’t know any of that. You’ll just see a wick. You’re just missing so much information and context on why you should/shouldn’t take a trade, fade something, etc.

[@hasantao]

@TJ-ss1tv i should have said peice + volime. That information shows up in volume in a lower time frame. I only trade on daily and weekly (not intra day). For me, volume at the end of day and price reaction is important. For day traders, I don't know.

[@TJ-ss1tv]

@@hasantao makes sense. Still think it could help w/ timing entries for swings. GL 💪

[@hafizk4991]

can u teach me how to use order block

[@bhaveshchaudhary6064]

Good

[@ImStormX1]

this guy is always reading you the ChatGPT definition of what things can do and how they can help and never actually teaches you anything, idk why y'all even soak this shit up

[@johntooth1886]

Thanks.

[@JuicedMoose]

I don't understand. Each forex broker is its own market maker so any order book or ladder is only for the broker your with. Order flow book only works with regulated exchange

[@10di_livefree]

Now my brain went Order Book who?… let me get my flashlight 🔦 cuz we going down another rabbit 🐇 hole 🕳️

[@ahmedragab-lp5ge]

Your bro from egypt. Plz mooore

[@faycalfaycal6362]

If evey one see that how market move

[@mauriceortegabent4165]

Can you please tell us where to find these order books?

[@mohsinahmad2894]

Just an FYI for anyone reading this, the SpotFX market does NOT provide this data. OTC markets do not give this information. If you want it you can try futures.

[@x111tian]

Bro order book is a waste of time with hft and quant order book is a lost cause

[@Airdropishere]

Yeah,many time

[@jle92708]

Use it on higher time frame then.

[@Madarani888]

He made 7 mil in a year thats his style of trading so stop saying that its a waste of time because thats simply not true 😂

[@stevensteven3417]

Tian is right order books are useless information. Order books can and will be broken all the time every time.

[@TJ-ss1tv]

If you don’t understand what to look for, yeah it’s going to seem useless to you. I’m sure statistics would prove that those who use tape reading with their trades and know how to properly read it are better than those that look at candlesticks. There’s a reason prop firms/actual pros use DOM/lvl 2.