🤔 What does Order Book mean?
It’s simply the place where buy and sell orders are displayed in real-time on the trading platform.
• People place Buy Limit orders at low prices.
• And people place Sell Limit orders at high prices.
But you can’t see all this clearly… except by using a specialized tool called:
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🔥 “Heatmap” – Market Heat Map
Like a heat map showing you:
🔴 Areas with a “Sell Wall” → means many people have placed strong sell orders.
🟢 Areas with a “Buy Wall” → means many people have placed strong buy orders.
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🎯 The best free tools:
• Bookmap (limited free version)
• Tensor Charts
• TradingLite (paid version with a trial)
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💡 So how can I benefit as a beginner?
1️⃣ If you see a strong red area (lots of selling) above the price → the price might stop or fall.
2️⃣ If you see a strong green area (lots of buying) below the price → the price might bounce back and rise.
3️⃣ You read market movements before they actually happen… as if you see the plan before the battle! 🧠
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⚠️ Warning for beginners:
Don’t rely on the heat map alone!
Sometimes big players place fake orders and then cancel them (we call it Spoofing), to deceive the market.
✅ You must combine it with other tools like support and resistance, time analysis, and momentum indicators.
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In the next part 🔎
We will reveal a hidden tool that allows you to know:
Where most traders are losing… and how to go against them! 🧨
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