Orderflow
SHORTWE notice a good supply level and and order lock with imbalance ,more to that we se liquidity building around the "OB" this confirms this is a strong zone,So we just patiently wait for market to get to our zone ,Then react after .
GBPJPY LONG!!Inducement is fond below. Price could fill the area, touch the demand zone and collect the liquidity found on 162.790.
I'm going long (131pips)
GBPUSD Intraday BiasGBPUSD
Aug 10 1145H GMT+8
Bias is still Bearish. I expect Dollar index to go higer after US Core Inflation release 0830H EST.
4H Descending Channel is still intact
NY Session yesterday produced a 1H SZ (Supply Zone) and FVG (Fair Value GaP). I'm expecting London Session to fill the gap.
I expect London to take out Sellside Liquidity (Sell Stops) before the rally up the 1H FVG.
If the RR for a long setup is good, take it. Otherwise, wait for a better shorting opportunity at the 1H FVG/SZ. Target is an Longterm Lower Low.
OFA Script Signals Buy Opportunity In USDJPYOrder flow analysis can be our ally via the right interpretation of realized market orders. In this example, at the key 50% retracement, we note a pattern of decreasing sell-side impetus which is then countered by buyers emerging in style... all well depicted via the OFA script.
Remember the two key main features of this indicator:
Magnitude: A major clue that will help determine the health of a trend is the type of progress by the dominant side in control of the trend. We need to ask the following question: Are the new legs in the active buy-sell side campaign as identified by the script increasing or decreasing in magnitude?
Velocity: When it comes to the distance the price moves, the magnitude is only ½ the equation. The other ½ has to do with the velocity of the move or the speed. Was the new leg created after a fast and impulsive move? Or did price make a new low or high with the movement being sluggish, compressive and taking too long to form? A good rule of thumb is to count the number of candles it took to achieve a new leg.
" Gold " BUY Trade With More 800 Pips TargetGood Morning Trader's ,, How Are You Today ?
Let's Explain Together "Gold" Chart And Reasons To BUY From This Area !
1- What Is The Trend For Gold ? Now ,, It's In Up Trend ,, Our Confirmation To Enter Buy After Break Out The area On chart
2- Why We Will Buy From This Area ? If The Price Break Out The Area ,, So We Break Out Strong Order Block Area And Golden Area
3- When We Close As Stop Lose ? Down The Area After Break Out With 150 Pips
Any Questions Please Write me On Comments !
AUDUSD hits the sweet spotHello traders,
The bears have taken control at a very significant level after the price filled a previous liquidity void.
I expect to see the price in a bearish move for the rest of the week.
Trade responsibility 😊
Mini Course : Order Block Course Hi Trader's ,, How Are You Today ? Enjoy In Holiday ,, Buy Don't Forget To Learn Too In Holiday ..
Let,s Take A Very Fast And Mini Course For : Order Block ,,
First : What IS The Order Block Mean ?
Answer : There Are Many concepts For Order Block ,, But the Real And Easily concepts For It Is " Order Block it's The Area There Banks And Big Companies Take There Orders From it "
Second : How To Get It On Chart ?
Answer : We Have 2 Patterns For It ,, Bullish And Bearish As You Se On Chart ,,
In Bullish We Have 2 Way ,, In Down Trend We Get " Low ' High ' Lower High ' Higher High ' Lower High " Then Enter Our Trade
Or In Also Down Trend We Get " Low ' High ' Lower Low ' Higher High ' Lower High " Then Enter The Trade ..
In Bearish Pattern We Also Have 2 Way To Entry ,, In Up Trend We Get " High ' Low ' Higher Low ' Then Break Out The Low And Test It And Entry "
Stop Lose Be Above The Area With 20 - 40 Pips Only
IF You Get New Information From me ,, Please Like And Comment
BANK NIFTYImportant levels for 04/08/2022.
Yesterday's analysis for today worked out perfectly and we got 2 good trades as per our levels.
For tomorrow's expiry 38400 and 37750 are the reference levels to watch out. The range from 37740-37810 has been acting as a good support zone and has been tested multiple times in the last few sessions. Similarly on the upside 38400 is VPOC from 4th April and should act as a resistance.
So, if we see a flat open, we shall wait for the price to sustain above 38200 and then take longs for targets of 38400. SL for this can be placed at 38150. Also 38174 will be an important reference point and any selling volume seen here can be used as an entry for shorts with SL of 38250 for targets of 38060,38000 and 37960.
In case of gap down, 37970 levels will be crucial, once we see buying vols longs can be taken for targets of 38060, 38100 and 38175. SL can be placed around 37900.
The buying volumes in the late hour today does make shorting a bit of a risky affair.
The 2nd sell entry for EURJPY!Hello traders,
The high of the week (HOTW) was created on Monday and ever since the price has been making lower lows.
A bearish order flow is very present even after yesterday's retracement.
Look for shorts at level 138.800
Like, Follow and comment
EURUSD H4 - SHORTPrices broke H4 low, leaving behind a supply for us to get involved. Look for ways to SHORT eurusd as we expect bearishness within this H4 leg at the least.
CADJPY H4 - SHORTPrices broke H4 low, leaving behind a supply for us to get involved. Look for your favourite entry technique on the lower timeframe to "confirm" the supply area.
AUDCAD SHORTS COOKING UPHello friends, its a beautiful Tuesday morning and AUDCAD is cooking up something nice for us.. First the daily timeframe, Order flow is bearish, price has retraced into a Daily reversal zone marked with the red and blue fib. Price has taken liquidity at swing highs on the H4 and within the daily reversal zone price has printed a Weak hands pattern (1hr) increasing the probability of price dropping.. Isn't that what we all want as traders? to put probability on our side... So I have refined the Hourly Orderblock to the 15 minute and I will be looking for confirmations using the DM_FX entry model within that 15 min OB on the 1 min TF if price retraces into it... Our target is the Last Daily Low.
nas Bears perspective, hey guys quick idea, im bear this coming week with two scenarios . we just hit and reversed trend on the daily weekly orderblock. ill update yall as de week progresses.
Bitcoin (BTC) - Range Top Distribution - 22/7/2022 ideaBitcoin is currently struggled to push through todays' resistance at 22650 and puked down to around 22600 which signals heavy selling.
We can also observe some major breaks of bullish structures which adds very strong confluence and probability to this idea.
Bullishness from the marked zone InvalidatedIts important to have invalidation points for your trade ideas ... this will help you avoid FOMO and also enable you switch biases quickly and accurately. So far this week I have not entered any trades simply because I could not find any Good trades that meet all my rules... these rules have been tailored to put probability on my side ... isnt that what we want as traders? to put probability on our side? One good trade after one good trade.. regardless of the outcome , profit or loss, as long as all your rules were followed 100% it is a good trade.
GBP/AUD Long SignalI'm not an investment adviser, I will not be responsible for any loss you encounter. This is just an idea on my market analysis.
AUDJPY maintaining bullish structure Good day friends hope you're sticking to your plan and hope you're having a good week..
XJpy pairs sustained a downtrend majority of last week but coming into this week they have decided to resume the uptrending. With my style of analysis I'll be waiting patiently at the 4hr zone marked with a Red and blue fib (a demand zone) to see if I'll find an opportunity to join in on the uptrend... Overall I'm bullish on XJpy pairs until it ruptures bullish order flow and breaks structure downwards... *Not financial advice.
nas bulls perspective(still running)hey guys, been two weeks now and nas has been trickling up slowly, we almost at first target which is the weekly orderblock. if it happens that we break it we should definitely reach for higher prices. however if we see market structure shift to the downside when we reach the orderblock then we look to take nas further down. so its still looking good though, ill update you guys once we reach the weekly orderblock, which should be by the end of this week.
Millionaire's ROWLet's just watch price follow the script!
I'll explain after the LONG Manifests.
NEVER Over Leverage.
Trust your Objective Trade Set Up.
Have Fun.
I'll break this play down in the next chart.
