Order flow trading is fun because it turns the market from a casino into a chess board. It is profitable because you stop guessing about why price is moving and start reacting to who is moving it.
This is illegal now (in most jurisdictions), but it happens. A trader (the daemon) places a massive limit order away from the price. For example, if Bitcoin is at $60k, they place a sell wall of 5,000 BTC at $60,500. daemon goldsmith - order flow trading for fun and profit.pdf
In the medieval workshop, a goldsmith worked with two distinct materials: raw, unrefined ore and pure, stamped coin. The ore was messy, heavy, and full of impurities. The coin was orderly, trusted, and liquid. Order flow trading is fun because it turns
To trade this method, one must understand the relationship between two types of market participants: A trader (the daemon) places a massive limit