OrderFlow 24/05/2012

The OrderFlow system had printed a BUY yesterday at 4815.

 

We knew the open would be around the close as we had a prominent POC which always gets a visit the next day. After a touch at the POC immediately after the IB the NF raced straight up, covering last week's value area in the process.

 

Nfof 12 Orderflow 24/05/2012

 

Today's move again met all our parameters for the buy viz vwap/ dpoc / vah etc.

 

A little bit of attention paid to inter market relationships also helps when you know what the OrderFlow is elsewhere like in Currency etc .