Aside from trading ES purely off charts and the order book—specifically observing:
Structure (Bias + Key Levels)
Liquidity (Market-By-Order / MBO)
Volatility (Gamma Exposure / GEX)
Flow (Defined here as: For instance, a sequence where price rallies 10 ticks, drops 20 ticks, and rallies another 10 ticks. If each leg takes roughly 3,000 prints to complete with a healthy, normalized time lapse between legs, I would consider the market to have adequate flow. If those same moves happen in a fraction of the time under otherwise identical conditions, I'd say the price action is getting chippy and frantic, though flow is technically still present. If the legs expand from 10/20 ticks to 30/40 ticks while other variables remain constant, I'd characterize the market as highly volatile and ragged, lacking stable flow. Furthermore, if the required order volume per leg drops off drastically alongside this, I'd view the market as entering a panic state—a total 'jumpy' environment where price whipsaws erratically.)
Are there any other core, high-priority factors or key drivers you would recommend monitoring?
Thanks Smash !
Thank you!
Thank you
Thanks Smash!!!
Hey smash, is there any indicator available to add these levels in my chart
Master, I'd like to pick your brain on something.
Aside from trading ES purely off charts and the order book—specifically observing:
Structure (Bias + Key Levels)
Liquidity (Market-By-Order / MBO)
Volatility (Gamma Exposure / GEX)
Flow (Defined here as: For instance, a sequence where price rallies 10 ticks, drops 20 ticks, and rallies another 10 ticks. If each leg takes roughly 3,000 prints to complete with a healthy, normalized time lapse between legs, I would consider the market to have adequate flow. If those same moves happen in a fraction of the time under otherwise identical conditions, I'd say the price action is getting chippy and frantic, though flow is technically still present. If the legs expand from 10/20 ticks to 30/40 ticks while other variables remain constant, I'd characterize the market as highly volatile and ragged, lacking stable flow. Furthermore, if the required order volume per leg drops off drastically alongside this, I'd view the market as entering a panic state—a total 'jumpy' environment where price whipsaws erratically.)
Are there any other core, high-priority factors or key drivers you would recommend monitoring?