This is the second of three webinars hosted by Topstep Trader. In this webinar, we will look at the different ways in which Order Flow information is most commonly used. We will discuss the use of Order Flow in prop shops as well as how they get their trainees up to speed on reading the Order Book. We will look at how the application of Order Flow information differs in more/less liquid markets. We will discuss the ‘eternal quest for reversal trades’ and how you can use Order Flow to become less aggressive in your countertrend trading so that you don’t get run over as often. We will then take a look at the Order Book live and discuss the components of the Order Book and how and when the information should be used.
The slides accompanying the presentation can be downloaded here