$NVDA Order Flow - Explosive Move Called By The OFA Script

Hey traders,

This is another post that centers around the use of the OFA script.

So, NVDA has gone ballistic with a 20% rise post-earnings.

As order flow traders, all we had to do was to let the OFA script show the way.

But how? By paying attention to the hidden signals, created through the constant formation of fractals...

Which subsequently tells us an accurate picture of realized order flow.

By adding the OFA script, you could have called the fresh buy-side expansion (circle) followed by the exhaustion (diamond).

If then you applied my prop entry signal, it would have yielded some extraordinary results.

Remember, when using the OFA script, it comes with highly accurate signals that, at its core, apply 2 main areas of study:

Magnitude: A major clue that will help determine the health of a trend is the type of progress by the dominant side in control of the trend. We need to ask the following question: Are the new legs in the active buy-sell side campaign as identified by the script increasing or decreasing in magnitude?

Velocity: When it comes to the distance the price moves, the magnitude is only ½ the equation. The other ½ has to do with the velocity of the move or the speed. Was the new leg created after a fast and impulsive move? Or did price make a new low or high with the movement being sluggish, compressive and taking too long to form? A good rule of thumb is to count the number of candles it took to achieve a new leg.

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