Orderflow
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").
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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 -
GBPUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price resumed falling and now is testing the support level. Yes, the price has already done that and did not break it down, on the other hand, it did not show any sharp or significant correction or bounce up. It shows a weakness of buyers as they can't propel the price up. Moreover, there is a strong downtrend, which is also a good bearish signal.
Volume Zones:
It is crucial to highlight the level of support 1.3220 - 1.3245,which contains the large volume and has been already tested. Nevertheless, the price is still trading near it.
Sentiment:
This indicator shows that 72% retails traders are in long positions, which is a good additional signal for us (trading against the "crowd").
d.radikal.ru
Consider Short Positions:
Given all these factors, we may regard a breakdown of the support level, which will open the road for the further fall. The move must be keen and supported by the large volume, which will be a more precise signal for entering the market. A stop loss may be placed above the breakdown volume bar.
Profit Potential:
More than 150 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -