Orderflow
GBPUSD LONG Order Flow - Follow the smart money! Strong Bullish Signal:
The pair showed a sharp growth and tested the level of resistance. The price did not break it out, but is still trading near it. The move was on the large volume, so that we may assume that the smart money pushed the price up. It increases the possibility of the further surge.
Volume Zones:
We need to highlight an important level of resistance/upper limit of the local range 1.3363.
Consider Long Positions:
Given all these factors, we may regard a scenario of the breakout of the resistance, which will be a great bullish signal. The growth must be sharp and supported by the large volume, which will be a more reliable signal for entering the market. A stop loss may be placed below the breakout volume bar.
Profit Potential:
Around 130 points.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
USDCAD DAILY - SHORTUSDCAD Projections towards the downside. Prices broke the Swing Low that created the Ultimate High, showing us that it wants to go bearish.
We could sell into the immediate demand area created on the daily. Otherwise, wait for the demand to fail and trade the flip zone AKA Supply that cause demand to fail.
USDCAD LONG on Order Flow - Follow the smart money! Strong Bullish Signal:
The price continued rising, moreover, the move was on the increased volume, which shows that the smart money pushed the pair up. Besides it, there is a strong uptrend, which is a great bullish signal.
Volume Zones:
We need to point out an important level of support 1.2795, which contains the large volume.
Sentiment:
This indicator shows that 84% retails traders are in short positions, which is a good additional signal for us (trading against the "crowd").
a.radikal.ru
Consider Long Positions:
Given all these factors, we should regard long positions after a smooth downward correction of the price. It will provide us with a better entry point. A stop loss may be placed below the new support level.
Profit Potential:
More than 100 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
AudUsd Smartmoney TradingStill looking to the lower OB's for buys.
We need to see PA present at the first level, so i intend to scale down to the lower TFs (1m + 5m) and look for a BoS then a retest before entering..
Trading dosnt need to be overcomplicated, just look for 2:1 or 3:1 targets and take the paycheck...
GBPAUD short potential for the weekAs we open the week following the bearish weekly last week, we can see we are nearing the red supply zone. The purple line there indicated a imbalance from the weekly TF. Today being Monday i can expect the price to be moving in the opposite direction that it intends to from the rest of the week. If the red zone rejects, we can see ourselves pushing all the way back down into 1.83000 for the week. However if broken we can continue back into the highs.
Weekend Analysis + Market Re-cap Looking at a few pairs on the watch for next week.
A breakdown of a couple of trades I have taken throughout the week on EURJPY and GOLD
And we also take a look at the pairs I am looking at taking potentially for next week.
a lot of XXX?JPY pairs are on the watch for next week looking to see if we can get any long buy-side positions on them if the set up occurs.
Have a great weekend
NZDUSD - Buy to Sell ModelHi everyone!
Today i'm looking at a sell on the NZDUSD to round of the week, this entry is based on the volume profile and POI on the 5m and 15m Timeframe. I will be waiting for a break of orderflow before entering.
ENTRY 1
BUY LIMIT @ 0.67884
Stop Loss: 0.67867(Add Spread)
TP 1 (1R): 0.67902 (Stop Loss → Break-Even / Scale-In)
TP 2 (3R): 0.67938 (50%)
TP 3 (5R): 0.67974 (20%)
TP 4 (10R): 0.68063 (20%)
ENTRY 2
BUY LIMIT @ 0.68129
Stop Loss: 0.68162 (Add Spread)
TP 1 (1R): 0.68097 (Stop Loss → Break-Even / Scale-In)
TP 2 (3R): 0.68032 (50%)
TP 3 (5R): 0.67967 (20%)
TP 4 (10R): 0.67804 (20%)
Is anyone else looking at this?
AUDUSD - Looking for sell from 0.71650Hi everyone!
Today i'm looking at a sell on the AUDUSD to round of the week, this entry is based on the volume profile and POI on the 1m Timeframe. I will be waiting for a break of orderflow before entering.
ENTRY
BUY LIMIT @ 0.71679
Stop Loss: 0.71699 (Add Spread)
TP 1 (1R): 0.71658 (Stop Loss → Break-Even / Scale-In)
TP 2 (3R): 0.71618 (50%)
TP 3 (5R): 0.71577 (20%)
TP 4 (10R): 0.71272 (20%)
Is anyone else looking at this?
NEUTRAL XAUUSD on Order Flow - Follow the smart money! Technical outlook:
The price of gold continues trading within the local range between 2 volume levels. Besides it, we must point out that the large volume accumulation is located inside this zone, which means that the smart money are gaining new positions.
Volume Zones:
We have to highlight 2 volume levels: support 1770.00 and resistance 1798.20.
Sentiment:
This indicator shows that 72% retails traders are in long positions, which is a bearish signal for us (trading against the "crowd").
d.radikal.ru
Consider New Positions:
Given all these factors, we should ponder new positions only after a sharp and confident exit of the price from this range, which will be a good signal for a start of the new trend. A stop loss may be placed below/above the breakout volume bar.
Profit Potential:
For short positions - more than 250 points, for long - >200 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -