Trading the Order Flow Today

The DAX is a great market for demonstrating order flow. Its fast and furious but has all the elements an order flow trader needs. These principals apply to all liquid markets and all time frames.

Today the DAX opened at one of my support and resistance numers. The buyers were immediately in control. Order flow bars (Volume Imbalance) lit up green. The yellow boxes were the POCs of each bar. It was easy to see the sellers coming in and distributing. The spreadsheet in the lowest pane on the chart provides good info.