Orderflow
GBPUSD - Next point of interestAfternoon All,
So our GBPUSD trade from earlier didn't quite go to plan however I knew full well that we were building liquidity to the left on the higher timeframe.
This will be my next point of interest for a potential long.
Lets see how price plays out when we get down there.
GBPUSD - LongUnfortunately I can't post the idea on the 5min to give you a better idea of where we are at in terms of the entry for this.
However I am looking to be tagged into this trade and have a limit order where I have set it.
Hoping to be tagged in. If we aren't we move on. and if we lose we move on.
If im able to help with any questions you may have do send them my way
GOLD - Selling opportunity on the horizonLooking at gold.
We have a nice bearish continuation orderflow on the 15min TF.
We have a nice potential inducement level of liquidity that we are more than likely to take before moving lower.
This is a reduced risk entry due to where we are on the higher TF as we are pulling into a potential demand zone on the higher timeframe.
ITS REALLY IMPORTANT to remember where we are in terms of structure and as we well know Gold doesn't tend to fall for to long as it remains bullish the majority of the time. so in regards to the HTF like I mentioned above we are still bullish so we are expecting a reversal for the longer term at some point in the near future so this could be a case of get what we can from the market and then look for our LTF orderflow to switch Bullish before then looking for them long entries
EURUSD, GBPUSD - Outlook for next weekEURUSD - So we have 2x 4 hour POI's (Points Of Interest). Will be looking at potential reversals at both POI's however, within the first POI we have an area of potential liquidity that could look to be taken before we make out move back to the upside.
Therefor, the second POI could look to be our more solid option for our buying options at some point next week.
GBPUSD - This pair looks to be building its liquidity now for potential trades to the upside as today on the lower TF's it was setting quite a few traps for the potential longs and the traders that would have been shorting the breaks below structure to the left.
If you have any questions for me please do let me know
EURUSD, GBPUSD & EURGBP analysisHere's my outlook on the 3 pairs mentioned in the title. Looking for more upside momentum after we have some sort of pullback into the premium discount prices.
Once we get some15min bearish internal orderflow on the lower Time Frames I will look to enter short term sell positions before looking to take longer term buys on the way back up.
Again, if I can be of any assistance please do let me know and I will be happy to help where I can.
XAUUSD Daily Plan — June 13, 2025 By GoldFxMinds👋 Hello traders, and welcome to your full preparation for tomorrow’s gold session.
Gold continues to respect its structural map while liquidity traps remain active on both sides of the range. We’ve seen clean sweeps and fast reactions this week, but tomorrow brings a new catalyst: key U.S. data combined with fresh geopolitical tensions that may fuel additional volatility before the weekly close.
🌐 MACRO & GEOPOLITICAL OUTLOOK:
📊 Prelim UoM Consumer Sentiment & Inflation Expectations are scheduled tomorrow:
Consumer Sentiment ➔ 52.2
Inflation Expectations ➔ 6.6%
These data points often trigger sharp USD moves and liquidity grabs.
🌍 Geopolitical tension has increased as President Trump authorized the evacuation of U.S. personnel from several Middle East locations due to rising threats in the region, particularly concerning the Iran nuclear situation.
This development triggered sharp moves across commodities, with oil rallying strongly.
Gold remains well-supported in this environment as global risk sentiment deteriorates.
Traders should expect elevated intraday volatility and potential liquidity sweeps on both sides as markets digest these developments.
🔎 The combination of macro data and geopolitical risk creates highly reactive conditions where liquidity hunts may precede any clear directional moves.
🔎 STRUCTURE OVERVIEW:
Price remains inside premium territory after recent bullish expansions.
Liquidity has already been taken above and below earlier this week, but additional traps may unfold before Friday’s close.
Larger structure remains bullish while short-term supply zones may attract quick inducements.
Tomorrow's flow will likely begin with manipulation during or after news, before real momentum develops.
🎯 BIAS
Main bias: Controlled bullish, but highly reactive inside premium.
As long as price holds above 3340, bulls remain in control on higher timeframe.
However, premium zones above 3395 may act as liquidity traps, inviting fast selloffs after inducements.
Best opportunities likely to come from either:
Controlled retracement into buy zones for continuation higher.
Fast spikes into premium traps for short-term sell opportunities.
Patience will be critical as both news and geopolitical headlines may trigger manipulations before real trend unfolds.
🔑 KEY ZONES TO WATCH:
BUY ZONES
🔵 3368 - 3360
Intraday pullback zone.
Look for minor liquidity dips followed by bullish rejection.
Targets: 3390 → 3405.
🔵 3348 - 3340
Deeper liquidity pocket into H4 imbalance and OB.
Engage only after strong downside sweep with sharp bullish reaction.
Targets: 3380 → 3396.
🔵 3325 - 3312
Extreme HTF liquidity zone.
Valid only if aggressive liquidation occurs into deeper discount.
Targets: 3360 → 3380.
SELL ZONES
🔴 3398 - 3405
First premium inducement area.
Look for fast spikes with M15 bearish rejection candles.
Targets: 3370 → 3348.
🔴 3412 - 3420
Secondary premium trap zone.
Valid only after upside wick rejection.
Targets: 3385 → 3355.
🔴 3435 - 3445
Maximum stop-hunt exhaustion zone.
Only valid if price aggressively squeezes into final liquidity.
Targets: 3390 → 3360.
⚠ TRADING REMINDER:
Friday’s session will likely be driven by both news and geopolitical headlines. Let liquidity play out inside the zones, wait for clear rejection signals, and execute with full confirmation. No chasing — sniper discipline only. 🎯
💎 Hit that 🚀 if you found this plan helpful.
👉 Feel free to follow for daily gold plans and share your thoughts in the comments.
We remain disciplined. We trade structure.
🌙 Rest well tonight — tomorrow we execute with precision and control.
— GoldFxMinds
GBPUSD - Long at some pointVery similar with what we are looking for in relation to EURUSD
Will wait for a mitigation of the demand at lower price. Will wait for an internal structure break before looking to get long.
Will have a nice sleep now and will re-evaluate in the morning.
Caught 2 lovely trades on this today and hopefully I may be able to catch 1 or 2 more before the week is out.
Again, if you have any questions don't be shy to get in touch
EURUSD - LongTried to upload this a while ago but for some reason TV was acting up
Im currently in a long position.
We had a 15min structure shift to the upside meaning I was looking at the most relevant place to get long.
Took the entry cased on the 1min timeframe
First target is set at 1.35810
Secondary targets I will be shooting for the HTF high
EURUSD - SellEntered this earlier on the 1min TF
Target will be the first Order Block which is 21:RR.
The reason I am targeting here is the 4H order flow is still bullish. So if we can hit the target I close 50% of the position and let the rest ride and manage accordingly to price.
Lets see how it plays out
Gold 1M & 15M Bearish Breaker Block Setup, Targeting 3,202 ZoneI’ve marked a bearish breaker block on the 1-minute chart (3,316–3,319), also visible on the 15M timeframe.
✅ Last bullish push before the sharp downside breakout.
✅ Price retested this zone, wicked through it, and then sold off aggressively — reinforcing bearish order flow and the potential for deeper downside.
I’m tracking this move as the final C wave of an ABC corrective pattern.
✅ The C wave started from the 3,319 high and is unfolding in a 5-wave substructure.
✅ 1-Minute breaker block around 3,316–3,319 — I’m watching for rejection here, which aligns with the 0.618 Fib retracement as an estimated end of wave 2.
✅ My current expectation: wave (3) and (5) of C could extend lower to the 3,256–3,202 zone.
🧩 Key Confluences:
Bearish breaker block rejection
15M downtrend structure remains intact
#XAUUSD #gold #forex #elliottwave #bearishbreakerblock #orderflow #priceaction
CL Analysis – May 28, 2025Currently, I believe Crude Oil (CL) is trading within a well-defined range. My strategy is clear:
🔴 Sell only at the red supply zone above, but only after confirmed seller reactions backed by order flow.
🟢 Buy only at the green demand zone below, once buyer strength is confirmed through price action and order flow.
No trades in between — I’m staying patient and letting the market come to my levels.
What Is Stock Tape Reading, and How Do Traders Use It?What Is Stock Tape Reading, and How Do Traders Use It?
Tape reading is a real-time market analysis method used to track buying and selling pressure. Unlike technical indicators, which rely on historical data, tape reading focuses on executed trades, order flow, and liquidity shifts. Traders use it to assess momentum, identify institutional activity, and refine trade timing. This article explores how tape reading works, its role in modern markets, and how traders apply it to short-term decision-making.
The Origins and Evolution of Tape Reading
Tape reading began in the late 19th century when stock prices were transmitted via ticker tape machines, printing a continuous stream of price updates on paper strips. Traders would gather around these machines, scanning for large trades and unusual activity to anticipate market moves. One of the earliest and most well-known tape readers, Jesse Livermore, built his fortune by studying these price changes and spotting institutional buying and selling patterns.
By the mid-20th century, as markets became faster and more complex, ticker tape machines were replaced by electronic order books. Instead of scanning printed numbers, traders began using Level 2 market data and time & sales windows to track order flow in real time. This transition allowed for more precise liquidity analysis, making it easier to see how large orders impacted price movement.
The rise of algorithmic and high-frequency trading (HFT) in the 2000s further changed the landscape. Today, market depth tools, order flow software, and footprint charts have replaced traditional tape reading, but the core principle remains the same: analysing how buyers and sellers interact in real time. While charts and indicators offer historical insight, tape reading provides a direct window into current market behaviour, giving traders an edge in fast-moving conditions.
How to Read the Tape
Nowadays, tape reading is all about real-time market data—watching when and how orders are placed and filled to gauge momentum and liquidity. Unlike technical indicators, reflecting past price action, tape reading focuses on what’s happening right now. Stock, forex, and commodity traders use it to assess buying and selling pressure, spot large orders, and understand market sentiment as it unfolds. Here is the key information provided by tape reading:
Time & Sales
The time & sales window (the tape) displays every completed trade. Each entry shows time, price, trade size, and whether it hit the bid or ask.
- Trades at the ask suggest aggressive buying, as buyers are willing to pay the market price.
- Trades at the bid indicate selling pressure, as sellers accept lower prices.
- Large block trades often signal institutional activity—tracking these can reveal where big players are positioning.
Bid-Ask Activity
Nowadays, an order book is a part of tape reading. The order book (Level 2 or DOM) shows the number of buy and sell orders at different price levels. While not all orders get filled, traders watch for:
- Stacked bids (a high concentration of buy orders) near a price level, which may indicate strong buying interest.
- Stacked offers (large sell orders) acting as resistance.
- Orders rapidly appearing or disappearing, suggesting hidden liquidity or fake orders meant to mislead traders.
Volume and Trade Size
Changes in trade size and volume help traders judge the conviction behind a move:
- Consistent large trades in one direction can suggest institutions accumulating or distributing a position.
- A surge in small trades may indicate retail participation rather than institutional moves.
- A sudden drop in trade activity after a sharp move may hint at exhaustion or a potential reversal.
Trade Speed
The pace of executions matters.
- Fast, continuous transactions suggest urgency—buyers or sellers are aggressively taking liquidity.
- A slowdown in transactions near a key level can indicate hesitation or a shift in sentiment.
Tape Reading vs Technical & Fundamental Analysis
Tape reading differs from technical and fundamental analysis in both approach and timeframe. While technical traders study historical price patterns and fundamental analysts focus on company performance and economic data, tape readers focus on real-time order flow to assess market direction as it develops.
Technical Analysis
Technical traders rely on chart patterns, moving averages, and oscillators to identify trends and potential turning points. These tools are built on past price data, meaning they lag behind actual market activity. For example, a trader using a moving average crossover strategy waits for confirmation before acting, whereas a tape reader sees momentum shifting as it happens by watching the flow of orders.
Fundamental Analysis
Fundamental analysis is longer-term, based on financial statements, earnings reports, and macroeconomic indicators. Investors using this approach focus on factors like revenue growth, interest rates, and industry trends to decide whether a stock is undervalued or overvalued. Tape reading, by contrast, ignores these metrics entirely—it’s used by short-term traders reacting to immediate buying and selling pressure.
Where Tape Reading Fits In
Many traders combine approaches. A day trader might use technical analysis to find key price levels and then apply tape reading to fine-tune entries and exits. Similarly, a swing trader tracking earnings reports may use tape reading to see how large players are reacting. Each method provides different insights, but tape reading offers a unique advantage: it reveals market sentiment in real time, helping traders assess momentum before price movements become obvious.
Advantages and Disadvantages of Tape Reading
Tape reading gives traders an inside look at real-time market activity, but it also comes with challenges, especially in modern electronic markets.
Advantages
- Immediate Market Insight: Unlike lagging indicators, tape reading reflects live buying and selling pressure, helping traders react before price changes become obvious.
- Identifying Large Buyers & Sellers: Institutions often execute orders in patterns, leaving clues in the stock market tape. Recognising these can help traders gauge potential price direction.
- Fine-Tuning Entries & Exits: By tracking order flow near key price levels, traders can time their trades more precisely rather than relying on static chart signals.
- Useful in Fast-Moving Markets: Tape reading can be particularly valuable in scalping and day trading, where short-term momentum plays a key role.
Disadvantages
- Algorithmic Trading Distortion: High-frequency trading firms place and cancel orders rapidly, making it harder to interpret true supply and demand.
- Steep Learning Curve: Unlike technical analysis, which provides visual patterns, tape reading requires experience in spotting meaningful order flow changes.
- Mentally Demanding: Constantly watching the tape can be exhausting, requiring a high level of focus and quick decision-making.
- Less Effective in Low-Volume Markets: When liquidity is thin, tape reading becomes unreliable, as fewer trades mean less actionable data.
Modern Footprint Charts and Order Flow Software
While some stock tape readers rely on raw order flow data, many use footprint charts and order flow software to visualise buying and selling pressure more effectively.
Footprint charts display executed trades within each price bar, showing volume distribution, bid-ask imbalances, and point of control (POC)—the price level with the highest traded volume. This helps traders see where liquidity is concentrated and whether buyers or sellers are in control.
Order flow software offers heatmaps, cumulative delta, and volume profile tools. Heatmaps highlight resting liquidity in the order book, revealing where large players may be positioned. Cumulative delta tracks the difference between market buys and sells, helping traders assess momentum shifts.
These tools provide a more structured approach to tape reading, filtering out noise and making it easier to spot large orders, absorption, and potential reversals. While experience is still essential, modern software gives traders a clearer view of market behaviour beyond just raw time & sales data.
The Bottom Line
Reading the tape remains a valuable tool for traders looking to analyse real-time order flow and market liquidity. While there are numerous algorithms that place trades, understanding executed trades and bid-ask dynamics can provide an edge in fast-moving conditions.
FAQ
Is Tape Reading Still Useful in Trading?
Yes, but the application of tape reading in trading has changed. While traditional tape reading focuses on printed ticker tape, modern traders use time & sales data, Level 2 order books, and footprint charts to analyse order flow. High-frequency trading and algorithmic activity have made tape reading more complex, but it remains valuable for scalpers, day traders, and those tracking institutional activity.
What Are the Principles of Tape Reading?
Tape trading is based on real-time order flow analysis. Traders focus on executed trades (time & sales), bid-ask activity (order book), volume shifts, and trade speed to gauge buying and selling pressure. The goal is to understand how liquidity moves in the market and spot signs of institutional accumulation or distribution.
What Is the Difference Between Order Book and Tape?
The order book (Level 2 or DOM) shows pending orders at different price levels, representing liquidity that may or may not get filled. The tape (time & sales) displays completed transactions, showing actual buying and selling activity in real time.
What Is the Difference Between Technical Analysis and Tape Reading?
Technical analysis relies on historical price patterns and indicators, while tape reading focuses on real-time executed trades and market depth. Technical traders look at charts, whereas tape readers analyse live order flow to assess momentum and liquidity shifts.
How to Read Ticker Tape?
Modern ticker tape is displayed in time & sales windows on trading platforms. Traders monitor price, trade size, and whether transactions occur at the bid or ask. Rapid buying at the ask suggests demand, while consistent selling at the bid indicates selling pressure.
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EURCAD (Supply/Demand + OTE + Liquidity)Hello traders!
We have valid 705 fib level, there we can expect reversal + mitigation demand zone.
Now price go to local correction. In local 0.5 fib level you will see big volume like confirmation before impulse till Demand.
Entry: confirmation on LTF in POI
Target: First problem zone is OB 4H
MAIN MOVE IN SHORT - TILL 0.5 of GLOBAL FIB LEVEL. SEE PRIVOIUS IDEA.
Demand zone also can be like fuel, so
Have a profitable day and don't forget to subscribe for more updates!
If you like this idea drop a like, leave a comment.
NZDCAD | Strong Demand Zone DetectedIf we look at the daily chart for NZDCAD we can see a strong demand zone forming. This level will make a good target for order flow.
Typically, you want to wait for price to reach this level and take a long. However, you can also use this as a higher timeframe orderflow bias. But keep in mind you'll be lowering your odds of success compared to the long.
EURCAD (BOS 1D + Demand + OTE + Volume + OrderFlow)Hello traders!
As you can clearly see OF, daily structure(BOS 1D), expecting reversal from OTE zone. Alarm on 618 Fib level. In this moment we see divergence(also possible 3 tops). Price build liquidity to come back to our POI.(DEMAND)
Have a profitable day and don't forget to subscribe for updates!
EURNZD (BOS 1H + INDUCEMENT + OTE + SMT + ORDER FLOW) Hello traders!
As you can noticed, we have unmitigated BOS on 1H - which is also our Supply Zone, under zone price built liquidity and make even SMT(Fake BOS). In Supply zone expecting reversal.
Have a profitable day and don't forget to subscribe for updates!
DXY (US Dollar): Bullish Order FlowA bullish order block has been identified on the H1 timeframe, situated below the Asian session range. With the US Dollar maintaining steady strength, there is potential for price to retrace into this order block for mitigation. Should this occur, a continuation of the bullish trend is anticipated, with price likely to rally and break above the recent structural high.