Topic
Everything we have published on order flow — 3 articles, newest first.
- Articles published
- 8 min read
Five ways a large position gets built, and what each leaves on the tape
Accumulation, the single print, the scale-in, the quiet exit and the hedge that looks like a reversal — and, for each, what the tape cannot distinguish it from.
- prediction markets
- wallets
- order flow
- 9 min read
What a prediction-market order book does that a crypto book does not
A prediction-market book is thin, and depth sits where the price already is. What the spread costs you, and why size at the touch is the number that matters.
- prediction markets
- order flow
- market structure
- 9 min read
How to read a level-2 order book, and what imbalance really tells you
The arithmetic behind order-flow signals: imbalance windows, the microprice, the four ways displayed depth misleads, and how to sample a book honestly.
- market structure
- order flow
- crypto