An order book is a tool that can be very valuable in predicting the direction in which the market will go. It can highly improve the search for best entry points and identification of spoof orders.
Order flow
Reading the demand for buying and selling in the book is called order flow or reading the tape. It is a very old technique, but very powerful. Many day traders or ‘scalpers’ who open multiple short-term positions are using it. It is possible to combine it with technical analysis to determine when to enter the market and what type of orders to use.
Order flow is very common in liquid markets such as the US stocks and futures. The traders often use only the order book and skip reading the charts. It may be considered very arbitrary by individual traders as the attempts to automate trading rules in the code request high programming proficiency. Yet, institutional and high-frequency traders are more interested in supply and demand than in various indicators and graphic software.
Reading the order book on Binance
Looking at the order book you can get the information about the supply and demand in the market – DOM (the depth of the market). It shows inside Offer and inside Bid that is the lowest price demanded by a seller and the highest price a buyer is ready to pay.
Moreover, you can spot support and resistance levels. Check the volume profiles which are in the shaded green and red colours.
Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on( brucedavid004@gmail.com ) or whataspp number is +22999290178
ReplyDeleteHello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on( brucedavid004@gmail.com ) or whataspp number is +22999290178
☑️ ☑️DO YOU WANT TO RECOVER YOUR LOST FUNDS ON CAPITAL INVESTMENTS, BITCOIN INVESTMENTS, BINARY OPTIONS AND OTHER SCAM TRADING INVESTMENTS ??? TAKE YOUR TIME TO READ🔘
Delete☑️ The COMPOSITE CYBER SECURITY SPECIALISTS have received numerous complaints of fraud associated with websites that offers opportunities for Capital Investments, bitcoin investments and Trading on an Internet-based trading platforms. Most Of The complaints falls into these Two categories:
1. 🔘Refusal to credit customers accounts or reimburse funds to customers:
These complaints typically involve customers who have deposited money into their trading or investment account and who are then encouraged by “brokers” over the telephone to deposit additional funds into the customer account. When customers later attempt to withdraw their original deposit or the return they have been promised, the trading platforms allegedly cancels customers’ withdrawal requests, refuse to credit their accounts, or ignore their telephone calls and emails.
2. 🔘Manipulation of software to generate losing trades:
These complaints alleged that the Internet-based Investment and trading platforms manipulate the trading software to distort the Trading prices and payouts in order to ensure that the trade results in a Loss. For example, when a customer’s trade is “winning,” the countdown to expiration is extended arbitrarily until the trade becomes a loss.
☑️ Most people have lost their hard earned money through Scam Investments And Trading, yet they would go and meet fake recovery Experts unknowingly to help them recover their money and they would end up losing more money in the process. Guys to be Truthful with you, It’s Only Cyber Security Specialists that are capable of recovering your Funds, and This Is Basically why we (COMPOSITE CYBER SECURITY SPECIALISTS) have come to y’all victim’s rescue. The clue is most of these Brokers have weak Database security, and their vulnerabilities can be exploited easily with the Help of our Special HackTools, Root HackTools And Technical Hacking Strategies because they wouldn’t wanna conduct Bug bounty Programs which would have helped strengthen and protect their Database from Unauthorized accesses, So all our specialists do is to hack into the Broker’s Database Using Technical Hacking Methods and Strategies, Decrypt your Transaction Details, Trace the Routes of your Deposited Funds, Then some Technical Hacking Algorithms & Execution follows then you have your money recovered💰 ✔️
☑️All our Specialists are well experienced in their various niches with Great Skills, Technical Hacking Strategies And Positive Online Reputations And Recommendations🔘
They hail from a proven track record and have cracked even the toughest of barriers to intrude and capture all relevant data needed by our Clients.
We have Digital Forensic Specialists, Certified Ethical Hackers, Software Engineers, Cyber Security Experts, Private investigators and more. Our Goal is to make your digital life secure, safe and hassle free by Linking you Up With these great Professionals such as JACK CABLE, ARNE SWINNEN, SEAN MELIA, DAWID CZAGAN, BEN SADEGHIPOUR And More. These Professionals are Well Reserved Professionals who are always ready to Handle your job with great energy and swift response so that your problems can be solved very quickly.
☑️ Also, If You Have NON-SPENDABLE BITCOINS And wish To Activate It To SPENDABLE, Don’t Hesitate to reach Out To Us
All You Need to Do is to send us a mail and we’ll Assign any of these specialists to Handle your Job immediately.
☑️ CONTACT:
Email:
composite.cybersecurity@protonmail.com
☑️ We Also Have a Separate Team that Provides-LEGIT HACKING SERVICES SUCH AS:
▪️ WEBSITE AND DATABASE HACKING 💻
▪️ CREDIT REPAIR. 💳
▪️ PHONE HACKING & CLONING 📱
▪️ SOCIAL MEDIA ACCOUNTS HACKING 📱
▪️LOCATION TRACKING 📌
▪️BITCOIN MINING ⛏ And More.
CONTACT:
Email:
composite.cybersecurity@protonmail.com
🔘2020 © composite cybersecurity specialists
🔘Want faster service? Contact us!
🔘All Rights Reserved ®️