Hello Aud...
I have used your screen shots to show what I am referring to as Order Flow balance and imbalance. I also added (on your smaller time frame) the entry signal that I usually use. These charts are perfect examples of what I was referring to in an earlier post. Remember the market ALWAYS goes from balance to imbalance...and vise versa.
On your larger time frame I drew a few more balance areas so you can examine how they look between the two time frames. The "trick" I found is when I am having difficulty determining if the order flow is balanced...I go UP a time frame to see if it looks clearer. The time frame I am able to identify most clearly is the time frame I use to trade...it is not always the same.
Also remember the order flow does NOT divide itself into time frames...we do. So you must search the entire market to find the time frame you see it most clearly and use that.
I have used your screen shots to show what I am referring to as Order Flow balance and imbalance. I also added (on your smaller time frame) the entry signal that I usually use. These charts are perfect examples of what I was referring to in an earlier post. Remember the market ALWAYS goes from balance to imbalance...and vise versa.
On your larger time frame I drew a few more balance areas so you can examine how they look between the two time frames. The "trick" I found is when I am having difficulty determining if the order flow is balanced...I go UP a time frame to see if it looks clearer. The time frame I am able to identify most clearly is the time frame I use to trade...it is not always the same.
Also remember the order flow does NOT divide itself into time frames...we do. So you must search the entire market to find the time frame you see it most clearly and use that.
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