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Flashcards in Fresh Order Flow/Original Order Flow Deck (19)
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1

What is a collective of orders sent from the broker to the exchange orders and can sit on the exchange until filled or canceled?

Order Flow

2

What are the two types of order flow?

Demand = Buying order flow
Supply = Selling order flow

3

What does order flow mean?

When prices gravitate from one pile of orders to the next. Price goes from being cheap to expensive & vice versa.

4

Prices will go the opposite of wherever the pile of orders resides? True or False

False - Where orders reside that is where price will go

5

What side of fresh orders peak then gets tested and is no longer fresh once the price climbs to a new peak.

Supply-side of fresh orders

6

What side of fresh orders where valley gets tested and is no longer fresh and the price dips to a new valley?

Demand-side of fresh orders

7

What level has formed w/o previous level present and never been retested?

Original Order Flow Level

8

How do we qualify Original Order Zone?

Look left for no past higher or lower levels and right for no retest as qualifiers

9

Which retest is the strongest, most important, and where we buy-in?

1st retest

10

When is there a new Original Order point?

Anytime there is a new All-Time High or All Time Low

11

What happens the more times a zone is retested?

The zone gets weaker the less order flows resides in that zone

12

OG orders that start at lowest point are considered what zone?

Demand

13

OG orders that start with the highest point are considered what zone?

Supply

14

How many qualifiers do Fresh Order Zones require to be valid?

One - Look right only for retests

15

How many parts do Original Zones (Levels) require to be valid?

Two parts - left for higher/lower peak/valley and right for the retest

16

Who do we trade with?

Institutional traders - Trade with the whales

17

What continuation pattern in OG Order Flow Zone that creates new point of price?

Drop-Base-Drop or RBR

18

Which retest is going to be neutral/price point where it can go up or down and probability is no one favor.

2nd retest

19

Which retest is a weak price and should push through whichever direction it's already going?

3rd retest