OrderFlow Trading

Introduction

Over the last week or so i've been investigating another way to trade forex news.
I've found out that a very good internet made popular trader Rob Grespi has an interbank feed that he uses to see who is buying what currency and how much. He uses this information to get into a trade right before a news release. He "sees" the Bids or offers piling up right before the news release. If he sees alot of bids versus Offers, he might go long on the trade. If he sees alot of ASks (offers) then he goes short on the trade.

What i've been doing

I've been using hotspotFxi to monitor the orderflow and studying the orders before a news release. So far so good. I made about 10 pips before a release that didn't deviate much. Was it grace luck? We'll see this in weeks to come