Looking for a FlowTrade review? The Bullish Bears were FAST to hop on this tool and adopt it before the rest of the world finds out about how great it is. You could say it's the best thing since sliced bread. It doesn't matter if you are trading large caps or potstocks. This tool gets it done.
Why? Because it shows you what the algos are doing in real time. It's not a lagging indicator, its a LEADING INDICATOR! Some would call it a crystal ball. We tend to refer to it as "the secret sauce".
However its affectionately known as the flow algo index within the FT community. Try FlowTrade Here for free. *Also get your Bullish Bears membership if you use our link to sign up for FlowTrade!*
What Makes FlowTrade Special?
FlowTrade has some unique abilities. The main two reasons I personally use FlowTrade are:
- Flow Algo Index. This is a proprietary indicator that shows up as a line on your charts. This line shows you what "smart money" is doing in real time. Smart money are the high frequency trading computers. The "algos" controlled by hedge funds, large institutional money, investment banks. The million and billion dollar forces that are in control of the market. These types of funds, and their trading activity make up 80% of the stock market activity.
- Dark Pools & Block Trades. The FlowTrade platform tracks both of these types of trades in real time. These are the heavy duty trades that happen in a nanosecond and fill a large order to purchase shares. Block Trades are recorded in real time, and there are many platforms that cost money that track it. However, no other platforms plot then block trade on your chart with a date and time stamp as a horizonal line. Dark Pools have 24 hours to record their activity on the exchanges. So you will often see a DP print on your FlowTrade chart with a different date or time. When it shows up, you know there is a secret zone of support or resistance being exposed. Previous Dark Pool prints as well as block trades should be seen as support and resistance on the chart.
1. FlowTrade Review: Lets Look At The "Setups"
Watch the video below and get some insights from a live trade room stream covering the dark pools, algos, hft's and what the charts are telling us.
2. Using FlowTrade
So by now you're probably beginning to understand the different ways to use FlowTrade effectively. The charts on FT really give you insight into what is happening behind the scenes.
Knowing what big money is doing, when they are doing it is the number one confidence boosters. However, before you trade you should refer to this trade chart and confirm the following before you make a trade:
FlowTrade Scanner Review
Did you know that you can scan for block trades and dark pool prints with FlowTrade?
One of my favorite features is opening a tab in my browser and monitoring the block or dark pool prints in real time. As we know, big money rules price action. They place HUGE orders that most traders miss. Well, you won't miss any big orders on your favorite stocks, or all stocks, depending if you choose to use their filter or not. Check out the dark pool trades placed today for example:
In the image above I have filtered it to show only dark pool prints as these are where the sneakiest types of trades are placed away from retail traders eyes. I specifically trade around these levels. Check out darkpoolcharts if you want to learn more.