Mcsnacks H Tupack
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Because those are by size and aren’t precise. So they can only be relied on 80% of the time. It just says there were 239 large orders coming in and 193 large going out but doesnt say the exact size of each order or the price paid to buy it or sell it. But it is a good sign that it will in the future. So it may not be useful as a daily indicator but if it has order flow in up 3 days in a row then it will definitely go up. So use it as a future predictor of price movement not a daily movement. And all the inflow could have been in the first hour when the price was up then the 30 min of the day it out flowed bringing it way down. Then the inflow would have been a cheaper prices so it wouldn’t bring it up as much. There’s too many factors in the market going on to really predict a price increase or decrease. They don’t give out enough information for that to happen because then it won’t benefit them. So you just have to find as many positives and then hope they work out. The best way is to invest in something is If you know they are releasing good news in the future, 1-2 months away then just buy in and wait. There’s a reason only 1% of daytraders are successful, because it’s takes many hours of studying and reading charts every single day and thats only to be right 80-90% of the time.
Mcsnacks H Tupack : Because those are by size and aren’t precise. So they can only be relied on 80% of the time. It just says there were 239 large orders coming in and 193 large going out but doesnt say the exact size of each order or the price paid to buy it or sell it. But it is a good sign that it will in the future. So it may not be useful as a daily indicator but if it has order flow in up 3 days in a row then it will definitely go up. So use it as a future predictor of price movement not a daily movement. And all the inflow could have been in the first hour when the price was up then the 30 min of the day it out flowed bringing it way down. Then the inflow would have been a cheaper prices so it wouldn’t bring it up as much. There’s too many factors in the market going on to really predict a price increase or decrease. They don’t give out enough information for that to happen because then it won’t benefit them. So you just have to find as many positives and then hope they work out. The best way is to invest in something is If you know they are releasing good news in the future, 1-2 months away then just buy in and wait. There’s a reason only 1% of daytraders are successful, because it’s takes many hours of studying and reading charts every single day and thats only to be right 80-90% of the time.