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Order Flow
Order flow analysis means reading what participants are doing, not just what price is doing. I write about absorption patterns, iceberg order detection, stop cascades, and the other signals embedded in Level 2 data. These articles combine market microstructure theory with practical approaches to extracting actionable information from the order book.
2026-05
Quant
Finding Signal in Market Noise: I Stopped Reading the Tape and Started Measuring It
You can’t quantify what you haven’t observed. I paper traded order flow as a deliberate research step, building the intuition needed to formalize concepts like absorption, iceberg …