Contex, Context, Context

Since starting this blog in 2009, I've been emphasizing and emphasizing that context was king. Context is even more important, if that is possible, when using the latest technologies to identify order flow. Identifying what "they" are doing depends on context. Is the order flow responsive or initiating? BIG difference. The difference between a profitable trade and a losing one.

Today's DAX is a great example. You can see on the Profile that price started going up the zipper. The order flow bars showed buying and selling but it was the BUYING that was where the power was as you could see not only from the price action and trade deltas but from the context of the Profile and the other context tools that you can see on the bar chart.

The eBook is going well. Part 1 will be available FREE on Amazon once it is ready. However, Amazon does not support embedded videos on self published books so Part 1 will have static pictures rather than the videos that you will see in Part 2. Part 1 is a complete overview of what I am doing now and how I do it. Experienced traders will be able to use the information in Part 1 to evolve their trading methods and styles to incorporate many of the things I do if they think it fits them.