top of page

By Request: What Does My OrderFlow Setup Entail . . .

Writer's picture: Anthony SpecialeAnthony Speciale
Speciale Analysis

Hey Trader,


Finding Strength and Inspiration in Trading


I hope you're doing well. As we navigate the ups and downs of the trading world, it's important to find moments of inspiration and strength.


Today, I wanted to share a verse that has been particularly uplifting for me:


"Praise the Lord, my soul; all my inmost being, praise his holy name." - Psalm 103:1


In the fast-paced environment of trading, it’s easy to get caught up in the daily grind and the fluctuations of the market.


This verse reminds us to take a step back and appreciate the blessings we have, finding peace and strength in our faith.


Let this serve as a reminder to stay grounded and positive, no matter how the markets move.


By focusing on the bigger picture and maintaining a grateful heart, we can approach each trading day with renewed energy and confidence.


Wishing you a successful trading and peace in all you do!


Be Relentless In Pursuit Of The Will 

Which God Has Set Upon Your Heart,

Anthony Speciale



By Request: What Does My OrderFlow Setup Entail . . .


Welcome, traders! I'm Anthony Speciale, here to delve into some of the essential order flow tools I utilize in my trading arsenal.


Today’s session is designed to give you an in-depth understanding of how professional-grade tools can elevate your trading strategy. Let’s get started!


The Naked Chart Approach


First off, let's talk about my trading philosophy.


I trade using what’s called a "naked chart," which essentially means the chart shows nothing but price and volume.


No traditional indicators clutter my view.


While I do maintain a reference screen for my clients that includes momentum indicators and potential trading areas, my primary trading is raw—focused on volume and price action - I strongly recommend a minimalistic trading chart for every trader.


Volume Profile and Delta


I integrate several key components:


  • Volume Profile: This shows the volume of trades at each price level.

  • Delta: Measures the difference between buying and selling pressure.

  • Cumulative Delta: Aggregates the Delta over a period, offering insights into market sentiment.


The Role of Order Flow Tools


This chart displays bid and ask fills at each price point, highlighting actual filled orders.


It’s crucial to understand the basics of price and volume BEFORE diving into order flow; otherwise, the complexity of order flow can be overwhelming and misleading.


Key Order Flow Components


Here’s a quick rundown of what’s displayed on my screen:


  1. Footprint Chart: Shows bid and ask fills at each price point.

  2. Time and Sales Tape: Indicates the speed and order size at various prices.

  3. Volume Profile: Displays traded volume at each price point for the session.

  4. Delta Volume Profile: Highlights buying and selling imbalances.

  5. Bookmap: Visualizes resting passive orders and liquidity in the market.

  6. Speed Gauges: Measure the rate of incoming orders.


orderflow

Footprint Charts: The Heart of Order Flow Analysis


Footprint charts are instrumental in my analysis, but they must be used correctly.


You first need to identify key market levels where support or resistance is likely.


Simply relying on trapped buyers or sellers WILL lead to incorrect trading decisions.


Identifying Key Levels


Before looking at the order flow, I perform basic analysis to identify potential support and resistance areas.


For instance, I recently identified 81.73 as a key resistance level.


As the market approached this level, the footprint chart showed aggressive buying, but the price failed to break through, indicating a potential reversal.


Practical Application


Understanding order flow helps confirm your trading strategy.


For example, at 81.73, aggressive buyers were trapped, confirming my resistance level.


The market subsequently sold off, validating the analysis.


However, these insights are ONLY valuable if you can FIRST identify these KEY levels through TRADITIONAL technical analysis.


Integration and Patience


To effectively integrate order flow into your trading:


  1. Develop a Solid Trade Plan: Ensure you can identify key levels of support and resistance.

  2. Use Order Flow to Confirm Analysis: Look for clues in the order flow that support your trade plan.

  3. Practice Patience: Order flow analysis requires time and dedication to master.


Order flow tools offer significant advantages, but only if you have a solid foundation in basic market analysis, understanding of volume and price action + a profitable trading edge.


Do NOT rush into using these advanced tools until you’ve proven yourself consistently profitable with much more simple trading methods FIRST.


Once ready, dedicate several months to integrating and understanding these tools within your existing strategy - prove them to be useful through journaling FIRST.


Remember, the goal is to enhance your trading edge, not to overcomplicate your approach.



Thank you for reading, and I look forward to seeing you in our next session!


God bless, and have a wonderful day!


If you have any questions or need further guidance, feel free to reach out. info@specialeanalysis.com May the markets be ever in your favor!



Happy Trading,

Speciale Analysis



Anthony and Anna Speciale

About the Author:

Anthony Speciale is a seasoned market analyst with over 13 years of experience trading. Through his platform, Speciale Analysis, he offers in-depth market analysis, interpretation, and expectations designed to help all types of traders, at every skill levels reach their full potential.



Analysis, Interpretation & Expectations


Day, Swing & Position Trade Analysis


Daily LIVE Market & Orderflow Analysis




NOTE: Trading involves significant risk, and it's essential to approach it with a well-defined strategy and a disciplined mindset. This blog post is intended for educational purposes and should not be considered financial advice. Always conduct your own research and consult with a professional before making an financial decisions. For further risk related information, please refer to: www.specialeanalysis.com/disclaimer

27 views0 comments

コメント


コメント機能がオフになっています。

Copyright © All Rights Reserved

The Speciale Foundation Corp.     -     ASJR Enterprises, LLC     -     Speciale Analysis     -     Speciale Venture Capital LLC     -     A&T Auto Repair, Inc.

By engaging in this site, emails, videos, social, purchasing or subscribing to products or services you are acknowledging complete disclaimer!

Complete Legal Disclaimer, Terms Of Use, Conditions and Privacy Policy Can Be See @ www.anthonyspeciale.com/disclaimer

By submitting this form or any form and/or contacting us in any manner, you Agree with and Understand all Disclaimers within complete site:

 

U.S. Government Required Disclaimer Stock, Futures, Forex & Options trading has large potential rewards, but also large potential risk and it is not appropriate for everyone. You must be aware of the risks and be willing to accept them in order to speculate in the Stocks, Futures, Forex, and Options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell any securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

 

CFTC RULE 4.41 Hypothetical or simulated performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

Cryptocurrency Trading Cryptocurrencies on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before getting involved in Cryptocurrency trading you should carefully consider your personal venture objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial deposit and therefore you should not place funds that you cannot afford to lose. You should be aware of all the risks associated with Cryptocurrency trading, and seek advice from an independent financial advisor if you have any doubts. The information contained on this web page does not constitute financial advice or a solicitation to buy or sell any Cryptocurrency contract or securities of any type. Dyno Trading will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

You should fully understand the risks associated with trading futures, options, ETF’s and retail off-exchange foreign currency transactions (“Forex”) before making any trades. Trading futures, options, ETF’s and Forex involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. Past performance is not necessarily indicative of future results.  NO FINANCIAL, INVESTING OR TRADING ADVICE OFFERED.

Hypothetical Results Hypothetical or simulated performance results have certain inherent limitations - unless noted otherwise that an image or any material discloses live money was used, results displayed or openly discussed are to be assumed simulated for educational purposes only. No live money brokerage accounts will be traded or displayed by request or otherwise.  Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

THERE IS RISK OF LOSS IN ALL TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ALL RESULTS ARE HYPOTHETICAL. NO IMPLICATION IS BEING MADE THAT ANYONE UTILIZING ANY OF THE SERVICES OF DYNO TRADING HAS OR CAN OBTAIN SUCH PROFITS AND RESULTS. THIS INFORMATION IS NOT A RECOMMENDATION TO BUY OR SELL AT THIS TIME, BUT MERELY A PRESENTATION OF TRADING STRATEGIES. THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES BELIEVED RELIABLE, BUT IS NOT GUARANTEED AS TO THE ACCURACY OR COMPLETENESS. WE ARE SOFTWARE MARKETERS AND EDUCATORS ONLY. UNDERSTAND THAT TRADING OF ANY KIND IF RISKY AND YOU NEED TO CHECK WITH YOUR FINANCIAL ADVISOR TO DETERMINE IF TRADING IS FOR YOU.

UNDER NO CIRCUMSTANCES WILL THE COMPANY BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES WITH RESPECT TO THE SUBJECT MATTER OF THE AGREEMENT, LOSS OF DATA OR LOST PROFITS, REGARDLESS OF WHETHER OR NOT SUCH DAMAGES COULD HAVE BEEN FORESEEN OR PREVENTED.

Educational Purposes. All software materials and presentation materials are for educational purposes only. The information contained on this website or in any product or service that Speciale Analysis provides does not constitute financial advice or a solicitation to buy or sell any securities of any type. Speciale Analysis will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All Product Demos are distributed to potential customers via Video Screencast demonstrating the Software features.

You should fully understand the risks associated with trading futures, options, ETF’s and retail off-exchange foreign currency transactions (“Forex”) before making any trades. Trading futures, options, ETF’s and Forex involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. Past performance is not necessarily indicative of future results.  NO FINANCIAL, INVESTING OR TRADING ADVICE OFFERED.

Copyright Notice: Images Unless Noted Otherwise Have Been Sourced From GOOGLE IMAGES, FOREX FACTORY, TRADING VIEW, OIL PRICE or have received written or verbal consent for use - this applies to all pages of this website, emails, marketing materials and/or social media posts.  

By submitting your information you are opting in to receive email promotions and text messages from us and you agree and acknowledge that you have read and agree to the terms of using this website, receipt of email offers, registration reminders and other communications mentioned here

​Clients are required to self-manage their reoccurring PayPal subscriptions - Speciale Analysis will not be held liable for any aspects of this task.

ALL SALES ARE FINAL - NO REFUNDS - NO PRORATES - NO EXCHANGES - NO CREDITS - NO EXCEPTIONS - NO EXCUSES - NO GUARANTEES - ENGAGE AT YOUR OWN RISK

bottom of page