Decoded Intelligence Signal
Toxic Order Flow
advanced
market_structure
Verified: May 27, 2026Lexicon Core Definition
Order flow originating from informed traders who possess superior information about near-term price direction; market-makers lose money trading against toxic flow and respond by widening spreads or withdrawing liquidity when toxicity is detected.
Analysis Breakdown
Order flow originating from informed traders who possess superior information about near-term price direction; market-makers lose money trading against toxic flow and respond by widening spreads or withdrawing liquidity when toxicity is detected. Full explanation coming soon when Journey 24 content is ingested.