Mike Valtos – Order Flow By The Numbers
This is the deep dive on footprint charts and order flow analysis class I’ve been wanting to put together for months.
What You’ll Learn In Order Flow By The Numbers
- Day 1 — How to read footprints from scratch. Volume hotspots, imbalances, absorption, rotation patterns.
- Day 2 — Advanced application. Volume Rotation Trigger, multi-timeframe analysis, live practice sessions, Q&A.
About Mike Valtos
My name is Michael Valtos and since 1994 I have been trading for banks (JP Morgan and Commerzbank) as well commodity trading houses (Cargill and EDF Man) and for myself. I created orderflows.com to help traders understand and trade with order flow.
Throughout my career I had the good fortune to work with some of the largest traders in the world who would entrust their orders to me for execution. Orders like “buy 5,000 ESH5 over the next 15 minutes.” My goal was to get the best possible execution without impacting the market. I was measured against VWAP for the same time period as calculated on Bloomberg.
You can’t just go in and buy 3,000 lots in one clip. You have to finesse it. You have to not show the world what you are trying to do until you are done. If everyone knows you are trying to buy a lot of contracts, they will raise their bids forcing you to pay higher or even jump ahead of you and buy before you can.
When you look at the trading screens all day every day, you start to notice how the orders come into the market and create opportunities and or distortions in the market. Creating pockets of opportunities to buy or sell at prices that are attractive.
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