Orderflow
NZDUSD - Looking for bounce off .88600 levelNZDCAD
ENTRY 1
SELL LIMIT @ 0.88631
Stop Loss: 0.88655 (Add Spread)
TP 1 (1R): 0.88607 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 0.88560 (1/2 position every TP)
ENTRY 2
BUY LIMIT @ 0.88436
Stop Loss: 0.88425 (Add Spread)
TP 1 (1R): 0.88447 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 0.88469 (1/2 position every TP)
Reason: Price showed a heavy rejection of this level in the past, i would like to price do the same again. Will be waiting for my alert, and then watching price action for a Break of Structure.
Weekly Market Breakdown - My WatchlistHere i go re-cap the trades i took at the beginning of the month and that i was stopped out on Friday
I also give my perspective on what I'm hoping for to happen in the first couple of trading days for next week.
Lets see how the market plays out
If you have any thoughts please do let me know. I would love to hear from you
XAUUSD - Looking for rejection from the 1794 deadHI there!
Last entry of the week.
XAUUSD
SELL LIMIT @ 1794.279
Stop Loss: 1794.279 (Add Spread)
TP 1 (1R): 1793.850
TP 2 (3R): 1793.420 (Scalp TP / SL→BE)
TP 3 (5R): 1792.991
TP 4 (10R): 1791.917
Reason: I observed a gap on the 15s timeframe and i believe that price might test the area for a quick scalp to the downside. this is a reentry to the previous price action with the same strategy.
XAUUSD LONG on Order Flow - Follow the smart money! Strong Bullish Signal:
The price resumed rising after the appearance of the large volume. Moreover, the previous sharp downward correction has been swallowed, which shows a weakness of sellers.
Volume Zones:
We need to highlight an important level of resistance 1799.00, which contains the large volume.
Consider Long Positions:
Given all these factors, we may regard a scenario of the breakout of the resistance, which will allow us to contemplate purchases. The rise must be sharp and supported by the large volume, which will be a more accurate signal for entering the market. A stop loss may be placed below the breakout volume bar.
Profit Potential:
Around 300 points.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
GBPUSD - Looking for impulsive action off the .37900 levelHi everyone!
Hope you are having a lovely week! Its been great posting on Tradingview and getting quick feedback on my idea... i should have started earlier!! LOL
Here is another one for you!
GBPUSD
BUY LIMIT @ 1.37890
Stop Loss: 1.37858 (Add Spread)
TP 1 (1R): 1.37922 (Scalp TP / SL→BE)
TP 2 (3R): 1.37986
TP 3 (5R): 1.38049
TP 4 (10R): 1.38209
Reason: Flipzone entry lines up with previous supply zone, looking for price to aggressively bounce from the level, or breakthrough aggressively. Not quite sure about this one but lets see what happens! I will be entering on a test,wick and close reaction, or Accumulation breakout near the area.
GBPUSD LONG on Order Flow - Follow the smart money! Strong Bullish Signal:
The pair corrected down after the creation of the new resistance level. However, the move was smooth and the price is still trading nigh this mark. Moreover, there is a strong uptrend, which is a great bullish signal.
Volume Zones:
It is necessary to point out the new resistance level 1.3822 - 1.3830, which contains the large volume.
Sentiment:
This indicator shows that 80% 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 may regard a scenario of the resistance level breakout, which will be a great bullish signal. The rise must be keen and supported by the large volume, which will be a more secure 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 -
EURGBP - Looking for Resistance from the .84600 LevelEURGBP
SELL LIMIT @ 0.84589
Stop Loss: 0.84622 (Add Spread)
TP 1 (1R): 0.84557 (Scalp TP / SL→BE)
TP 2 (3R): 0.84492
TP 3 (5R): 0.84427
TP 4 (10R): 0.84265
Looking for a short term reaction to the downside. Price has shown a strong rejection from this area in the past, we might see it rejecting and providing a short term impulsive move to the downside.
Following the footsteps of Giants XAUUSD!!Using multiple timeframe analysis and starting from the monthly timeframe, The monthly timeframe has been bullish but it just started a correction lately which has led to weekly and daily being bearish, with the recent bearish impulse of the daily, we have a point of possible reversal, which the lower timeframe will have to mitigate, using the four 4h as the lower timeframe, we've started to see some kind of bullish correction already, now we have points to expect buys and sells
USDCAD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price tested the resistance level and resumed falling. The move was sharp, although on the average volume. However, given the strong downtrend, we should consider it as a good bearish signal.
Volume Zones:
It is necessary to point out an important level of resistance 1.2400, which contains the large volume.
Sentiment:
This indicator shows that 92% retails traders are in long positions, which is a good additional signal for us (trading against the "crowd").
c.radikal.ru
Consider Short Positions:
Given all these factors, we should consider exceptionally short positions. We can enter the market after a smooth upward correction, in order to get a more profitable entry point. A stop loss may be placed above the new resistance.
Profit Potential:
More than 100 points.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
US30 predictionJust my forecast about Dow, dased on order blocks logic, on BBOXs and volume. Nothing more, nothing less.