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Orderflow

S&P New year Bullish ideaMonthly likely to seek Buy side liquidity first before anything bearish unfolding. The RRR shown defines the monthly buy entry level. I can be early but I do not care because we are just entering the new year. I would like to see LTF Daily start showing bullishness and then use the daily Order Blocks as buying opportunities. That would be the best scenario I am anticipating. If I see price unfolding that way, should price go below a Daily OB because of High Impact News or consolidations happening, I will treat that as short term run on sell stops to discourage early buyers. This is only Paper trading. Going into this new year 2023, I am looking forward to taking more swing trades as I believe 2022 I was able to work on my patience and discipline.
SP:SPXLong
by joruesteve007
3
Higher resolutionHigher resolutions aka lower timeframes have several uses: HIgh res levels 1) For more precise entries past the positioned levels. You have a level on your current resolution, a level you want to use, let's call it "X". You turn in higher resolutions, and scale in around the levels there, past the X; 2) For precise entries during positioning. You have a level that you expect to be positioned 'that way', let's call it "Y". You turn in higher resolutions, and scale in around the levels there, past the Y. An example on the chart is exactly about that. Suppose we expected a 1M level (red line) to be positioned as support. We've opened 1W chart and scaled in at 1W levels below the level; 3) Overridden levels. Forgot to mention, just as overridden waves, overridden levels do exist. It really concerns an imaginary level called value aka fair price. Usually, when you have an overridden wave -> value level in the middle of this wave, the real levels around value exist only deep in higher resolutions, and are already cleared, long time ago. So, they kinda "reactivate" again inside an overridden wave, near the value; 4) For scaling out. When offloading risk, you don't want to do it at the levels that You, yourself, expect to be cleared xD. And that includes the levels from the high ress. HIgh res waves 1) To fine tune the location of back levels. Positioning of a level on a given resolution is a so called pattern seen on higher resolutions. I can't say much about the predictive power of dem patterns, but can say for sure that fine tuning the back levels by finding boundaries of these patterns is a good idea; 2) Simply monitoring the action on higher resolutions gives information about what's happening around your levels of interest. Everything explained in "Current resolution" can be applied there. You may come up with more uses. The main part is to understand what higher resolutions are: less data in greater detail. Now how would you leverage this info?
CME_MINI:ES1!Education
by gorx1
Lower resolutionMore data on lower resolutions, smth that others call higher timeframes. Low res waves While being on a given resolution, the lower resolutions are mostly used to understand the trends within the overall fractal. In general, you want to trade along with the strong low res wave, and don't trade against an exhausted low res wave. While being on given resolution, you're interested in all the lower resolutions, not only in the first adjacent one. So if you operate on 1H charts, you also need to consider 6H, 1D, 1W etc, not only 6H. For example, imagine being in a strong up trend on 1W chart. It won't go 4 ever. There's no exhaustion in 1M wave. But here we go, and exhaustion on 1Q chart. And "suddenly", the levels on 1W chart start to position as resistances! Before that, the overall trend on 1Q surely showed some weaknesses, but there was no evident evidence. This kind of info could've been only gained from more data. Low res levels Now that's really interesting. As I mentioned somewhere before, while being on any resolution, ALL the levels from ALL the lower resolutions should be monitored. That's why people say that it's harder to trade on lower timeframes (higher resolutions), simply because they don't know that simple fact I just mentioned. They see a reversal "in the air", but, as you already know, there's always a level. So, a level from 1Y chart does matter on 1 minute chart. Yes, it does. How? The action around low res levels are somewhat common with the action around option strikes. In a sense, it's a microstructural phenomena as well. Without further analysis, what you know 4 sure is that low res levels might produce reactions, even if a level is from 1Y chart and you are on 1 sec chart. In general, they allow rapid price moves to come through, and produce reactions when prices approach these levels in normal way. Why? As you know, it becomes cheap/expensive PAST the level, never before. Now imagine price comes to a level in a usual manner, or even slower. Chances for a deep dive past the levels are low. What you do? You scale in closer to the level. And now imagine price flying fast. It'll make sense to scale in deeper with a bigger size, to get better prices, to reduce risks. Why not if the market activity allows it? It's a 1H chart on the screen there, and the yellow level is a support from 1W chart. Take a look how the 1H action unfolds around that level.
CME_MINI:ES1!Education
by gorx1
Real wavesFrom all the dudes tryna solve it Wyckoff was the closest. He even figured out how levels get positioned as supports/resistances (he called it accumulations, re-accumulations, distributions and re-distributions). The only thing he was missing are the actual levels hehe (all these 4 volume absorption processes never happen "in the air", ain't no Phil Collins in this particular case, there's always a level). Levels & waves, one doesn't exist without another one . It's all simple: every formation of a new level and every test of existing non-cleared level starts a new wave, either in the opposite or in the same direction. Check the chart, I've marked some waves and made 2 schemes. Every distinct wave has a different color. Why? How? Wave sounds cool, "uninterrupted continuous order flow in the same direction" sounds lame and boring af. Interrupted? Each level interrupts the order flow, even for a lil sec, there's always a volume absorption process happening when levels get formed and when levels get positioned, also when levels get cleared (consumption of liquidity at the level). So, checking the level-to-level buying and selling waves is a perfect way to measure order flow aka incoming volume. Remember about fractal nature of the market => propagation of principles? It works on tick charts => it works on 1 minute charts, and on 1Q charts, and on every other possible resolutions.
CME_MINI:ES1!Education
by gorx1
Everything you need to know about order block 5 RULES | TUTORIALToday we're going to talk about orderblocks. Very simply, an orderblock is the support and resistance of big players. It is stronger and more important than what you draw on a chart expecting a price reaction by classical technical analysis. This works absolutely everywhere in cryptocurrency, forex, and the stock market. I have deduced for myself 5 rules of confirmation, and now we will go over each of them. Let's start with schemes and end with an example on a chart. Orderblock is a candlestick that shows purchases or sales of large capital. When a bullish orderblock is formed, an accumulation or reaccumulation takes place in order to further markup the asset. When a bearish orderblock is formed, a short position is accumulated or reaccumulated. With the purpose of further asset markdown. The first rule is liquidity. We have a zone from which the price gets a reaction and goes in the opposite direction. This forms a support zone for those who trade classic technical analysis. Traders place their orders in this zone, which is what the big capital hunts for. Accordingly, this level is pierced by the flow of orders, which activates these stops. This is how liquidity is removed from the area. The last bearish full-body candle will be our orderblock. It is important that it updates past lows. An analogy would be the wicks of candle, which removes liquidity from past lows. The wick of a candle in this case is an orderblock on a lower TF. The second rule is confirmation After withdrawal of liquidity we expect confirmation of this orderblock - that is absorption and movement in the opposite direction. The confirmation should be impulsive. That is, we should not see how the price is stuck in this confirmation. It concerns the absorption (updating) of the order block. It is possible inside the candle (orderblock). But personally, I try to take the "book variant". Local consolidations can indicate the weakness of the movement. It doesn't mean that the orderblock will not work out in the end, but the probability decreases. The third rule is structure breaking (bos) One of the key points is the breakdown of structure that this orderblock provides. This is how we can understand the mood of the market and the intentions of big capital. In this example, we can highlight the main structure with the yellow line. It is after updating a significant structural element that we can be almost sure of the truth of our orderblock. If we don't see a break in structure, then this movement may just be a correction within a downtrend. So keep an eye on this one. The fourth rule is the law of force (momentum) After confirming our orderblock, we can see a prolonged correction in the OTE (make a Fibo). That is, we should see an impulse and after it a slow sluggish movement downwards, which will also form liquidity behind each local high. This is not a necessary factor, but if it is present, the probability of a trend reversal will increase many times over. The fifth rule - the volume and spread of candles The candlesticks should be full-bodied with increased volumes. It will be important to monitor the "distance" that the price has done. All these factors will also indicate the veracity of the movement. This recommendation concerns more about swing trading, moments when the price is in a trend for a long time without a serious correction and test of the formed order block. Examples on the chart On the daily TF I marked a Sell to Buy move. I marked it this way because there were no warrant blocks to satisfy me on the higher timeframe. This area will act as a zone of interest. The structure on the Hourly TF looks like this. Consequently, we expect a confirmation of our orderblock through a break of the structure. The price entered the sell to buy zone and tested the order block, which was formed from the wick of the candle. We saw an impulse exit and watch the price go up sluggishly, forming liquidity behind each low. Therefore, we expect an orderblock test. I recommend backtesting on chart history to better understand how order block works. Thank you for your attention, I hope it was useful
Education
by Patronofbargain
5
EURCHF SHORT FROM 4H OBEURCHF have been on a down trend for long, we saw an agressive push to the upside but price find it difficult to keep up with the trend, giving a choppy market and creating liquidity zones. We expect price to clear those liquidity to the downside before any further push to the upside. Since the movement is against the current market trend, the OB is the best entry point if price gets there. it also give the best risk: reward ratio happy trading, follow for more analysis
by biokareemnol
Price Action - (Defined Low)We have a defined low that comes in at 681.58 The previous low @ 772.95 was traded below. The sell stops that were protecting those long positions were traded into with this new low (681.51) After this new low was created price action impulsively moved away in bullish momentum, to do what?.... Hit the buy stops that were created @ the previous short term high @ (1031.95) That short term high (1031.95) was traded through eventually (which is highlighted with the shaded circle) and price starts trading higher I'll leave the purple shaded area open for comment, let me know if you see the clues the market left behind! Thank You
FOREXCOM:XAUUSDLong
by EddyOneTake777
Bitcoin Levels to trade and What to expect for the WeekendBYBIT:BTCUSD.P INDEX:BTCUSD BINANCE:BTCUSDT Bitcoin Levels to trade and What to expect for the Weekend I break down the price action from the swing failure pattern at $16000, how I got into a long trade there, where the current levels are to trade and what the scenarios are that could play out over the weekend. Please subscribe and smash the like button if you found value in this video . Not Financial Advice. DYOR. Papertrade before trading with real money. Hope you have a profitable trading day! Shawn
BYBIT:BTCUSD.PLong
by zartraderguy
1
Will Bitcoin hold $16000-Falling knife or Swing failure pattern?CME:BTC1! BTCUSD.P BINANCE:BTCUSDT Will Bitcoin hold $16000-Falling knife or Swing failure pattern? Is taking a long trade here a good idea or will we lose $16K? I look at price action as it happens and what levels to look out for if we lose $16000. If this is a Swing Failure pattern playing out, I explain how I will trade it Not Financial advice Trade with paper money before using real money. Safe trading! Shawn
BYBIT:BTCUSD.P
by zartraderguy
RR > 17 , Risk = 1.2% As I mentioned on my previous analysis, " Way down we go o o o" , that price will definitely loose the bottom of 17K $, I believe that BTC will loose it soon... The large daily Bermuda has worked well till now, rest of lower time frame bermudas below has ruined, and Bitcoin is properly ready for falling to next castle which is on 15K $ ... this short sell position is a tempting opportunity to get something which is 17 times bigger than what ever you risk ...
Short
by AlirezaAzarm
6
EUR/USD likely to fall!Hey tradomaniacs, looks like EUR/USD has just faked out to the upside with a lot of speed and momentum in order to catch liquidity. Overall correlations do not make sense with this move as yields are not falling while indices are just choppy but bearish. Orderflow has shown an instant switch from bulls to bears with this "breakout" which is giving evidence for a fakemove. Be cautious today as market is pretty volatile due to a lack of fundamentals and upcoming holidays in the US. What do you think?
Short
by Trading2ez
3