NDQ Short Clear Shift in Structure and Break of Structure occured giving signs of a possible drop that will break the 14 900 level - this is also supported by the sell side liquidity left under 14 800. Entry opportunity might happen between the London or New York Session Killzone hours (which are 09:00 - 12:00 & 14:00 - 17:00 SAST)
Orderflow
AUDUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price demonstrated a huge drop and totally absorbed the previous sharp rise, which shows the weakness of buyers now.
Volume Zones:
It is necessary to point out the level of support/lower limit of the local range 0.7327, which contains the large volume. The price is trading nigh this mark at the moment.
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 precise signal for entering the market. A stop loss may be placed above the breakdown volume bar.
Profit Potential:
More than 90 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
08/12 Watchlist Hey everyone SamC here, we are going to start posting some set ups for the following trading day of a couple names we are watching. Feel free to ask questions in the comments and give us a follow.
**Make sure to give us a follow as leading up to the Jackson Hole meeting I will be doing a quick run through on how to play the SPX based on the Vol complex. If you don't know who Vanna is I would suggest tuning in!
USDJPY LONG on Order Flow - Follow the smart money! Strong Bullish Signal:
The pair continued rising, moreover, the surge was sharp and confident. Besides it, there is a strong uptrend.
Volume Zones:
It is necessary to point out the new volume support level 110.00 - 110.04.
Sentiment:
This indicator shows that 84% 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 long positions after a smooth downward correction in order to get a better entry point. A stop loss may be placed below the new support level.
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 -
EURUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price resumed falling after the breakdown of the support level. Given the recent sharp slump, this is a good signal for further dip of the pair.
Volume Zones:
it is necessary to point out the new volume resistance level 1.1761 - 1.1766. The price started falling exactly from this mark.
Sentiment:
This indicator shows that 83% retails traders are in long positions, which is a good additional signal for us (trading against the "crowd").
a.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 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -