Orderflow
XAUUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price demonstrated a huge drop supported by the large institutional volume and swallowed the previous upward correction, which shows the weakness of buyers.
Volume Zones:
We have to highlight an important level of support 1785.50, which contains the large volume. The price is currently testing this mark.
Sentiment:
This indicator shows that 71% 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 consent us to open short positions. The breakdown 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:
Approximately 300 points.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
USDJPY 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 large negative delta, which means that sellers are dominating now.
Volume Zones:
This formed a new level of resistance, which contains large market participants volume and was created during this move from 109.80 - 109.88.
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:
Around 80-85 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
Liquidity Grab n' Goguen - Scenario for 3R & 12RInventory GRAB anyone? Looking to break that fat double bottom and get a little sumthin sumthin
For the nimble among ye,
double bottom break
pukey longs leave the field
gobble inventory and go for goguen
enter first leg with sell stops or higher for more optimal R.
For 2nd leg, First scale out at 2.44 if you are a scared beeyotch or simply want to ruin your R
EUR/USD Is it going higher?Hi all,
Hope you enjoyed my analysis of #EURUSD's possible directions
You can support me with your likes.
Also, you can share your opinion with me in the comments
Attention: this isn't financial advice I am just trying to help people with their own vision.
Have a good day!
@pulasthidinu
USD/CAD - Movement Lower?Currently very overextended to the upside.
We are testing a strong Orderblock in Premium that lines up perfectly with the OTE of the Fib taken from the Higher High.
There are several imbalance levels that should get filled in.
We have an un-manipulated Trendline that has lots of retail money on it, therefore we should see price reach there to manipulate this level.
There's also a W formation on the H1 timeframe that the market should trace towards - the neckline (where it says "First Target". Should we reach through this level I'm expecting price to reach down into the Bullish Discount Orderblock that we should see a reaction happen within.
As much as I don't like indicators, I use the RSI occasionally to find divergence / overbought / Oversold levels. Inside this bearish orderblock we are currently testing, we are very overbought, meaning that we should see price make a move down.
Order Blocks Order Blocks : Candles opposite of trend direction right before the trend
Ex GF : 2 huge candle same size with opposite color starts and ends at same place with huge opposite volume ( u can track volume on footprint charts )
why price react to these areas ?
market is 2 way street , big boys love to enter the market when lots of ppl either have to exit or make wrong prediction .. for example when everyone think price will go down .. institutions will provide liquidity to them and buy their shorts . price will go down few pip but main direction is still direction of big boys ( Central banks, institutions and hedge funds )
meanwhile there are some small hedge funds and institutions who also think price will go up .. big boys have to provide for them too so that price can move to desired location faster ! that means big boys will be in loss when they provided liquidity for buyers , so now they either have to close in loss or break even .. when is best time for that ?
when is best time to close orders with profit ( buy scenario ) ?
after taking prev high and grabbing liq from stop losses or buy stops , there is always liquidity above or below recent price structures sometimes this liquidity moves a little but u can track it with help of advanced ATR indicators
when is best time to close books in break even ?
after reaching prev order block . like i said they were providing liq to sellers and buyers at those order blocks .. means they have to close those orders that were opposite direction . why they provided liq for winners ?? price must clear all the orders at one price levels in order to move to another price level
also its so easy to track strength of buyers and sellers with help of Gann
look how most important block orders created near the Gann lines . its all mathematically driven ! its all Algorithm !
Weekly Market Breakdown - My WatchlistHere I am taking you through the pairs that I am looking to trade for the week commencing.
If I am looking to take any other trades I will keep you informed.
But the top 5 on my watchlist this week are
EURUSD
AUDUSD
EURGBP
AUDCAD
and
NZDCAD
If you have any questions regarding the analysis then please do let me know