Winnipeg, Canada
Experience: Intermediate
Platform: Sierra Chart
Trading: ES/ZB
Posts: 106 since Apr 2015
Thanks Given: 94
Thanks Received: 167
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Regarding Charts vs Order Flow..
As speculators we are all at some level concerned with the direction and movement of price. Knowing the mechanics of this is essential for all traders (regardless of their style or strategies), therefore Order Flow is an important aspect of trading to understand.
Whether or not we use it at a execution or strategic level is another matter, as there are many successful traders on both sides of the fence concerning that. However I'm willing to bet that all successful traders understand what Order Flow is and how market liquidity and trade executions move prices.
So to answer your question.. Both.
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