In 2008 trading algorithms tipped the scales and began accounting for the majority of trading volume. This made it difficult to read a level II as orders were constantly pulled and added to the book. It became very difficult to rely on a level II alone for an edge.
Order flow trading for fun and profit pdf
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In the conclusion, you said that the order flow trading teaches the reactionary style to the markets rather than predictive. Still, people are using it to predict where the market is moving. Based on your experience, which book talks about this portion of the order flow? 2ff7e9595c
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