Using Order Flow to Enter a Trending Market

Entering a rallying market can be tricky. You don't want to buy the top, but at the same time you have a strong bias and can't wait to get in. Using traditional lagging indicators can only get you so far. Instead, learn to read the real-time order flow to get more precise entries.
Get started with Bookmap for FREE: bit.ly/3qz2Dim
Follow BOOKMAP
👉 Website: bit.ly/3MNeIt3
Discord: / discord
Twitter: / bookmap_pro
Facebook: / bookmappro
👍 Like the video and Subscribe
ABOUT BOOKMAP
Bookmap is a cutting-edge trading platform that lets you visualize market liquidity and gain incredible insight into the order book.
Trade with confidence as you watch the market evolve in real-time at 40 frames per second. Identify market trends, discover hidden price patterns, and understand order flow like never before.
GENERAL DISCLOSURE
All Bookmap Ltd materials, information, and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations. Live trading is in simulation demo paper trading mode, and strictly for educational purposes. Live trading executed in simulation cannot accurately represent realistic trading performance.
RISK DISCLOSURE
Trading Futures, Equities, and Digital Currencies involves substantial risk of loss and is not suitable for all investors. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security nor life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
#bookmap #orderflowtrading #daytrading

[@raulduke1528]

My bank account went down just watching this.

[@cryptomilitaryvet9326]

💯😆

[@whatislifebro]

the answer is my course, of course! :)

[@scottstempmail9045]

The best way to make money in "The Market" is to sell Hope to retail traders.

[@felixandresjc]

But more Asks just came in shortly after, now I'm squeezed 😮

[@nomadicnoor5694]

I just use the previous down candle and measure one candle before it. Which checks out here as well

[@thunderdraco]

Could you explain in detail?

[@kulturalnoize7813]

Without the fancy's the retracement found support twice so I would buy after support was found the 2nd time.

[@divojibo6879]

In this example you can use fair value gap

[@bazeetgaming3284]

Exactly

[@wealthmaster69]

What do you mean by fair value gap?

[@russhorn9031]

So many traders trade like they are children looking for the next shiny toy.

[@1flashstep]

these are meant for disabled traders that cant discern anything from a candle stick chart :) but yeah i agree

[@sayedmahdihosseini7344]

Please answer me Is the stop loss indicator available for btc?

[@xerox7035]

Draw out equilibrium and enter off the fvg that is a a discount for longs

[@victorumoren3365]

Heat map grows with the next occuring candle. It doesn't just show up in future for candles to pile on

[@nickboretz1774]

You can also use time and sales. You'll see big buying coming at that point..and time and sales is free on most platforms. Bookmap isn't.

[@greengardens1565]

Can you breifly explain this more

[@traderB1505]

bookmap has time and sale and it’s free bro

[@locomotive5A]

@@greengardens1565most brokers have level 1 T&S/TickStream(Tradovate) which allows you to see aggressive market orders hitting the bid/offer which itself can give you more of an edge. However being able to see passive big buyers and sellers would put you in an even greater edge

[@maugn4471]

Hello. Wanted to ask what type of replay is this on trading view platform? Thank you

[@SarathKumar-fb8su]

The best way is the price action itself via trend line.

[@1flashstep]

Lol what?😂😂

[@firstnamelastname3280]

Charting is astrology. Ppl just draw lines all over the place. Means nothing.

[@1flashstep]

@@firstnamelastname3280 🤣🤣

[@SarathKumar-fb8su]

@@1flashstep so you're a very big trader who occupied all the knowledge of investing and trading ah?

[@anonymoustech2059]

​@@firstnamelastname3280😹😹🤣🤣

[@aitanaai2023]

What is the name of this indicator of OB, OF? Thanks

[@1flashstep]

in other words inside that fair value gap orders were placed also I can guarantee there is almost no volume inside that candle.. You can check this with volume profile if you want. No need for these crutches. Level 1 Data is all you ever need :)

[@amazingworld57]

Hey bro how we can use heat map live kindly tell us

[@sorax2871]

if just order book like this existed for every single coin

[@shahzodturdiboyev6917]

Where does this information come to the platform?

[@ghostsquads]

Heatmap can be spoofed, since these are limit orders. If you purely follow this, your portfolio will be 0 easily.

[@DayTrading_SinFILTRO]

Exactly

[@gabbymcgibson984]

probably negative balance

[@shahidpathan9295]

Can I get a expert

[@emilfilipov169]

I have a strategy that has been consistently been giving me 0.5% a day. I call it 'the leech'.. I identify a trend - macd+gator oscillator, and get in when I have double confirmation. Take profit is at a 0.00060 price difference. I do that with every pair I find this setup for the day and close my trading platform.

[@Diogenes95737]

Win rate?

[@emilfilipov169]

@@Diogenes95737 Its pretty much a 100% if i follow the rules. Anytime i add something else, change the timeframe or try to do something fancy, i blow up my testing accounts. You can try it out for yourself: 1H timeframe 1. MACD crossover (standard crossovers for buy and sell) 2. Green Gator Oscillator (both above and below the line) If both of those are present at candle close I go in according to the MACD crossover. take profit is at 0.00056 price difference (So SELL on 1.071156, take profit at 1.0711088, since my broker has a 0.00012 spread). I only increase the position size, and watch the trades just in case (not very disciplined in this regard). As i said in my first comment: It's a bottom feeder approach. I get in, lick off the food scraps from the floor and get out before someone comes with the RAID spray. I do not trade if something funky is going on with the market, or around news.

[@Will_Ramb0]

M2B 2 leg pull back to the 20 EMA 😎 Al Brooks

[@jjfattz]

What the heck kind of candle chart is this 😂

[@AnklaTD]

Hahaha same question 😂😅

[@PhilC]

CGI

[@INDIANATHEIST526]

​@@texastrucker9183where to see order flow chart

[@bhealo973]

@@texastrucker9183 bookmap is orderflow, what are you saying

[@veche7959]

Good old orderflow

[@anyfoolcanknow]

Difference between heatmaps and volume profiles/DOM?

[@jameslinmd]

Heatmap shows the orders yet to be executed. Volume profile shows the orders have been executed. Both cannot guarantee what the next move will be. Trading is nothing more than glorified gambling. Nobody knows for sure if the trend will continue or change, not even the insider traders.

[@mykalhenry]

I love the big fat circle graphics, now they come up with rectangles! LOL

[@mikeyslife241]

Heatmaps got tons of spoofing. I had Bookmap for a month and dropped it like a hot potato

[@gillesashley9314]

U mean u didn’t like it?

[@mikeyslife241]

@@gillesashley9314 me personally I didn’t like. I’m not saying it can’t work for someone else tho. I couldn’t stand all the spoofing. You would see big red levels where there are resting orders and when price starts to move towards it, the orders get pulled and disappears. I didn’t like that at all

[@1flashstep]

@@mikeyslife241 trading is all about spoofing, they try to make it as difficult as possible to predict direction , its difficult but not impossible at all

[@user-ef5hp7yp2n]

What indicators do you use while trading?

[@mikeyslife241]

@@user-ef5hp7yp2n VWAP

[@coffeeshopcrypto]

Nice

[@felreizmeshinca7459]

Looks like a derivative of volume profile.

[@TFATRADING2020]

How can I configure the candles to look like this and the heatmap at the same time?

[@Bookmap_pro]

Check this guide on our website: bit.ly/3Jt6ofT

[@BABA_YAGA_911]

That's evening star simple indigator

[@blackcharts]

It works same as volume profile

[@Bookmap_pro]

Volume profile does not display liquidity.

[@bdanimation2801]

QM entry just make profit in that chart.. "Quasimodo entry"

[@Branoss]

is this the same as just looking at the dom?

[@Bookmap_pro]

DOM shows current order book only. Heatmap shows historical order book. It allows you to quickly see how the order book has changed over time.

[@jevox-fine4003]

38%🎉

[@jevox-fine4003]

Looking for Elliot Wave Levels (1,2,3,4 or 5), Price Action, EMA and if nothing to see looking for value Gaps and using ict

[@Legendman234]

@@jevox-fine4003 elliot waves are smoke and mirrors

[@whatsthepoint202]

Yeah the 382 would have done

[@bigxbudxbudda]

Heatmaps aren't bad combined with other technicals

[@Lilangel8]

You could of just said there’s a fair value gap and theirs liquidity so let it sweep it then enter long

[@alokkumarnayak603]

How to register for free webinar

[@Bookmap_pro]

Feel free to join our vibrant Discord community of Indian traders where we organize daily live webinars. You can join us and be a part of the insightful sessions by using the direct link provided: discord.com/invite/r3MGD426we

[@PrabhjotSKang-pr6co]

What exactly BookMap is? Is it a Trading Terminal like Mt4 or Mt5??

[@Bookmap_pro]

Bookmap is a cutting-edge trading platform that visualizes market data using heatmaps, volume dots, and many more unique visualization tools. Learn more here - bit.ly/3MNeIt3

[@mikeyslife241]

It shows resting orders at different levels. They can be quickly pull and poof it's gone.

[@coffeeshopcrypto]

​@mikeyslife241 actually there's another way to see this with just wicks on specific moving averages that I've created

[@Playeriyo20]

Head map is like walking in a battlefield full of deactivated and activated mines and you dont know witch ones are on and off spoofing ruins headmap big time I rather watch price action

[@Mustang_Chris]

Buy at 4150

[@bos9824]

21 ema....easy

[@forexlif3]

Nice and Simple 🙂👍

[@joshuaeskra3373]

this is a much have

[@Bookmap_pro]

Get started with Bookmap for FREE: bit.ly/3qz2Dim

[@26yearoldboomer7]

Bruh😳

[@bwasfpv]

ICT says FVG

[@illadelphzs47]

She a fraud

[@daffyduck8244]

Big secret trading the Forex market is trade European and US open only!!! I.E. 12PM and 6:30 AM PST

[@LexDiamonzz]

Can i get bookmap for free and when i start making money with it I'll pay you guys back the retail price?

[@karlkindle5275]

😂

[@EthanW-il1iy]

lot of ignorance in this comment section

[@andretheG]

Looks like you are selling something for profit because your trading is not profitable

[@bizphone8662]

lol i think the same for so many vids

[@karlkindle5275]

bingo

[@assasinatitsfinest]

RSI STOCHASITC, RANGES and many indicators help you make good profits as well. in a quiet market. follow the technicals. in busy market. trade after the fundamentals

[@wyatthale555]

Learning how to read the tape is just as good. Use it and time and sales and you're decision making becomes much more confident

[@antman24335]

True ....old skool method still the best

[@HGeorge1993]

Do you mean the order book, or an order flow chart?

[@mikeg8343]

This comment is a thread for traders who use this profitably, let’s count them up.

[@mikeg8343]

Let us know guys 👇🏻

[@bos9824]

21 ema. ty

[@scottstempmail9045]

@@mikeg8343 Not many, I guess?

[@cesargallardo6621]

Stop hiding the DOM, Bookmap is nice but just an illustration of the DOM.

[@monaviebagus]

Is 'Bookmap' suitable for the Future Crude Palm Oil (FCPO) market under Bursa Malaysia (Malaysian Exchange)...?

[@Bookmap_pro]

I don't think we currently support instruments from Malaysian exchanges. But, please reach out to [e-mail] for confirmation. You could also put in a request and we may consider adding this data provider.

[@salvager66]

You haven't met ICT

[@ashe7810]

😂

[@ElementUup511]

or you can be smart and just make alpha reads.

[@jesseliverless9811]

This is a cherry-picked example to lure novices. In real life it never works that way

[@lukev9000]

It's all rigged. The algorithm engineers liquidity. It tries to maintain efficient price and all good entries are at premium and discount of the current dealing range

[@1flashstep]

My guy you sound exactly like ICT as if you just copied him word for word

[@lukev9000]

@@1flashstep i am his student.

[@daffyduck8244]

Trade only major FOREX pairs

[@daffyduck8244]

No new trades after 8AM PST the day is over. Wait until next day!!!

[@shanerakul3392]

Can please do it Indian market banknifty please

[@Bookmap_pro]

Hi Mohan, you can opt for Bookmap in the Indian market - Nifty/BankNifty. For more details, visit bookmap.com/hi and get started with NSE Level 2 (5 levels of depth) here - bookmap.com/members/signup/qYdiflmGr

[@laada110]

U can sell