Order Flow

Order Flow Order flow is the stream of buy and sell orders that helps determine short term price movement.

Order flow reflects real-time supply and demand. In some markets, order flow becomes more influential around key levels, liquidity pockets, and event-driven repricing. Related terms: Market Depth, Liquidity, Price Impact.

What it means

Order flow is the stream of buy and sell orders that helps determine short term price movement.

Why it matters in live markets

In real markets, conditions like liquidity, volatility, and event risk can change quickly. That can affect quoted prices, spreads, and how orders fill. Understanding this term helps you interpret what you see on the platform and avoid incorrect assumptions when the market is moving fast.

Key points

  • Focus on how the term affects price, cost, risk, or execution.
  • Relationships can change across market regimes and sessions.
  • Use the term to describe what you see, not to assume direction.

Example: A simple way to check your understanding is to apply the definition to a live quote, then ask how it affects cost, risk, or execution.

Related glossary terms

Liquidity, Market Depth, Price Impact, Market Order, Limit Order

Where you will see it

You will usually encounter this concept in platform quotes, order tickets, trade history, and market commentary. If you are comparing conditions across instruments, check product specifications and note that behaviour can differ by market and session.

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