Part of our weekly Q&A series.
We began the discussion with a look at how to use orderflow along with the profile to gain greater confidence in directional entries.
Then we opened the floor to questions.
Additional questions asked & answered:
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Please explain order flow. TY.
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Hey guys, do you also analyze weekly or even monthly profiles? Are there differences compared to intraday profiles?
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Imho, Delta can be a two-sided sword. A Bottom reversal, for example, u can say its the strength of the buyers that stopped the down move (positive deltas) or there were passive buyers sitting and absorbing the sellers (negative deltas).
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Could you explain your trading plan today?
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NQ trade. when it failed to hold a new low and rallied back into the higher volume node, I was looking to buy around 7005 with risk at the low. Do you consider that an early or premature entry?
