EUR/USD Is it going higher?Hi all,
Hope you enjoyed my analysis of #EURUSD's possible directions
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Attention: this isn't financial advice I am just trying to help people with their own vision.
Have a good day!
@pulasthidinu
Orderflow
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
GBPUSD LONG on Order Flow - Follow the smart money! Strong Bullish Signal:
The price demonstrated an abrupt growth and totally swallowed the previous downward correction of the price, which shows the weakness of sellers. Additionally, the move was supported by the large volume and positive delta, which means that the smart money propelled the pair up.
Volume Zones:
We need to point out a new level of resistance 1.3887, which is also a local maximum.
Sentiment:
This indicator shows that 77% retails traders are in short positions, which is a good additional signal for us (trading against the "crowd").
b.radikal.ru
Consider Long Positions:
Given all these factors, we may ponder a scenario of the resistance level breakout, which will be a great bullish signal. The surge must be keen 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 80-90 points.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
Smart Money LONG | AUDCHFLooking at AUDCHF we tagged a 4HR POI, The order flow then slowed down, and now we have had multiple breaks of structure on the lower timeframes
We will have to see how price delivers itself, if the high that has formed is broken for me it will become invalidated
Any questions feel free to ask
XAUUSD (Gold) trade idea - Breakdown!This is the trade I hope you took during Thursday's trading session. Check out the link below to see the setup I published for it.
I walk you through the trade, step by step, so that you can catch this and the next one on your own!
Check it out.
This is order flow, and trading with order blocks.
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Thank you for your support!
GBP/AUD Intra-Day Analysis Update (2021.09.09) GBP/AUD has turned Bullish again for day traders and we can see some fresh opportunities arise! There are 2 sell zones marked, one aggressive and one conservative. The aggressive zone might be violated before the bullish move so always looks for structure breaks on the lower TF like 5min to confirm entries.
XAUUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price demonstrated a huge drop supported by the large institutional volume, which shows an imbalance of sales now.
Volume Zones:
It is necessary to highlight the level of support/lower boundary of the local range 1785.50, 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").
b.radikal.ru
Consider Short Positions:
Given all these factors, we may regard a breakdown of the support level, which will allow us to open sales. The move must be keen and supported by the large volume, which will be a more accurate signal for entering the market. A stop loss may be placed above the breakdown volume bar.
Profit Potential:
Around 300 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
CADCHF H1 - SHORTPrices tapped into Daily supply area, gave us a shift on the H4 timeframe and now and now looking for sells. 2 ways you could find an entry:
1. Set a Sell limit orders onto the refined areas by means of supply on the lower timeframe.
2. Confirm these areas on the LTF by means of structural shift or CHOCH