Blog · 6 articles
Order flow
Order flow describes who acts and at what price: limit orders resting in the book, and market orders that consume them. These articles explain what the DOM, the tape and the footprint really show, and above all their limits: a book can change in a fraction of a second.
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How to Read the DOM (Depth of Market) in Futures TradingThe DOM shows the limit orders waiting above and below the market, price by price. Learning how to read the DOM means separating what is offered from what actually trades, and knowing what the ladder never shows.Read the article →Absorption in Order Flow: How to Identify It on Futures ChartsAbsorption in order flow is heavy aggressive volume that fails to move price because passive orders keep taking the other side. Here is how it appears on each tool, and why it is only confirmed after the fact.Read the article →Order Flow vs Price Action: Differences, Strengths and LimitsPrice action reads the result of the auction from the open, high, low and close; order flow reads the trades and resting orders that produced it. Comparing order flow vs price action shows two tools for different questions, each with blind spots.Read the article →How to Read Time and Sales in NinjaTrader 8Time and Sales in NinjaTrader 8 lists every trade with its time, price and size, coloured by where it printed against the bid and ask. Here is how to set it up, what each column means and how to read the prints.Read the article →Market Orders vs Limit Orders: How Futures Prices Actually MoveA limit order waits in the book at a chosen price; a market order takes whatever is waiting. Market vs limit orders is the mechanism behind every tick: price moves when the best level is used up or withdrawn.Read the article →Iceberg Orders and Hidden Liquidity: What Traders Can ObserveIceberg orders show only a slice of their size and refill as that slice is filled. You never see the whole order, but the tape and the ladder leave traces worth knowing, along with their limits.Read the article →
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Educational content. These indicators are not investment advice and guarantee no result. Futures trading involves a risk of loss that can exceed the initial investment. Terms of use · Disclaimers