Every Candle Summarizes Thousands of Trades — This Is the Raw Order Flow Feed
This is educational content for traders on how price charts actually get built, with no particular winners or losers — it's a primer on market mechanics.
- A candle's four numbers (open, high, low, close) are just a summary written after the fact, standing in for thousands of individual trades.
- The real record is called the tape — every single trade, its size, and whether the buyer or seller was the aggressor, listed in order.
- Reading the tape directly is its own skill, known as order flow trading.
- Candles, indicators, and moving averages are all just different charts built on top of that same raw tape.
Outlook: this appears to be part of an ongoing series building toward teaching readers to read raw order flow instead of relying on summarized candles.