easy · Order Flow Analysis market-mechanics-execution

Beginner order-flow vocabulary check.

Which description best matches price discovery?

  1. A rule that fixes one permanent price
  2. One order, queue, latency, or auction observation guarantees execution, priority, direction, and profit regardless of venue rules or later market activity
  3. A calculation using only the session date
  4. The process through which interacting orders and trades establish market prices.

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