Orderflow
AUDJPY Bearish Weekly DirectionDespite Headlines showing traders sentiment stating traders (retail) are net Long on AUD/JPY . As a trader that can be misleading especial to the newbie traders coming into the industry , i find it easier to follow currently weekly structures and let the market lead me . Structure leaves clues, on a weeks perspective AUDJPY is bearish , it even started the week super bullish and that was my clue to wait for the break of structure and trade than on a retest . though its obvious now since its already friday. My point is if you follow structure and learn to see the market structure for the week let it develop then you will know around mid week the overall direction to trade. One good trade on each pair with a few scale ins were applicable is really all you need to be consisent. A consistent i picked up from ICT and added to my own trading
EURUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal :
The price showed an abrupt fall supported by the large institutional volume and broke through the previous support level. Besides it, the move was supported by the large negative delta, which means that sellers are dominating the market now.
Volume Zones:
This formed a new level of resistance, which contains large market participants volume and was created during this move from 1.1638 – 1.1643.
Sentiment:
This indicator shows that 85% retails traders are in long positions, which is a good additional signal for us (trading against the "crowd").
b.radikal.ru
Consider Short Positions:
Given all these factors, we should ponder exceptionally short positions. We may 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 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 demonstrated a huge drop supported by the large institutional volume and broke through the previous support level. Moreover, the move was supported by the huge negative delta, which shows that sellers are prevailing the market now.
Volume Zones:
This formed a new level of resistance, which contains large market participants volume and was created during this move from 1.3600 – 1.3607.
Sentiment:
This indicator shows that 89% 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 should consider exceptionally short positions. We may 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 150 points.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
EURUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price tested the resistance level and then resumed falling. The move was keen and confident. Moreover, there is a strong local downtrend.
Volume Zones:
It is necessary to allocate an important level of resistance 1.1743 - 1.1747, which contains the large volume.
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 should consider exceptionally short positions. We may 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 80 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -