Trading Institutional Order Flow | Page 304 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What is order flow trading? 93 replies

How to flow with the order flow? 26 replies

Order flow trading thread 166 replies

Domino's Price and order flow trading 1,400 replies

Order Flow Trading with ICCE Channels 3 replies

Attachments: Trading Institutional Order Flow
Exit Attachments

Trading Institutional Order Flow

  • #6,061
  • Apr 12, 2018 10:16am Apr 12, 2018 10:16am
Quoting T4i
Good evening everyone, I am not sure if I asked you this ( or might not got an answer to my question) but I have a question on "Whats your Routine / Workflow"? I know its a individual thing but I would like to get an idea what you guys / gals do. Start of with the Weekly analysis - Journaling - Watchlist etc... Do you write with pen and paper or digital? I am working on the following approach Weekend - create watchlist (trying evernote at the moment) with Screenshot and S.E.T. Entry. - Journal how was my week before - enter data into edgewonk (journal...
T4i you are definitely on the right track. I write out a plan the Sunday week before trading. I make notes on which pairs are at which levels and could be in play. I used to use Edgewonk but stopped. There is no reason you should not use it if it keeps you consistent. When I start on Monday morning I review what news could be out there that could affect things. I look at the broad market trends. I make a few notes sometimes. I'm already to go to work. I didn't just roll out of bed. I am mentally awake, rested, fed, prepared, phone on silence. At the end of the day often I will take a screen shot of the trade/s and maybe enter some notes both digital and on paper. My guess without knowing exactly what the other traders do is that everyone does some version of this. Routines are also important because they kick in when you happen to not be at your best and are a last defense against the common worst trading mistakes. They also can help you bypass the destructive tendencies that lead to the fear of missing out, over-trading, not being able to take a loss, not being able to execute the plan, and not being able to pay yourself as the market makes money available. There are some good free resources out there too which you should adapt to what you need based on your own analysis. Dr. Brett Steenbarger (Daily Trading Coach) and Dr. Van Tharp have some good resources here and some of them are free. Just make sure what your doing is fitting you. There are also things these authors and speakers present that I do not agree with.
Do your time and enjoy the ride...
  • #6,062
  • Apr 12, 2018 11:14am Apr 12, 2018 11:14am
Quoting Good Fortune
{quote} T4i you are definitely on the right track. I write out a plan the Sunday week before trading. I make notes on which pairs are at which levels and could be in play. I used to use Edgewonk but stopped. There is no reason you should not use it if it keeps you consistent. When I start on Monday morning I review what news could be out there that could affect things. I look at the broad market trends. I make a few notes sometimes. I'm already to go to work. I didn't just roll out of bed. I am mentally awake, rested, fed, prepared, phone on silence....
Hi Good Fortune,

thank you very much on your insight that gives me a good idea where I need to go.
Dr. Brett Steenbarger (Daily Trading Coach) and Dr. Van Tharp are on my book list. I need to first finish "The Art of War" and "Market Mind Games".
"Fall in love with the process and the results will follow" - Bradley Whitf
  • #6,063
  • Apr 12, 2018 11:46am Apr 12, 2018 11:46am
Quoting Akt
{quote} Hello everyone. As discussed in the last video update, a trade in the GBPAUD. The rest of the position continues to run best wishes{image}{image}{image}
Saw it too late... but still noticed a good trade like that is hard to miss, from the first moments you recognize it !
You attract what you think in any area of life, relationships and trading!
  • #6,064
  • Apr 12, 2018 12:40pm Apr 12, 2018 12:40pm
Thank u ATK and Eushev for the informative reply
  • #6,065
  • Apr 12, 2018 3:16pm Apr 12, 2018 3:16pm
Quoting Eushev24
{quote} Saw it too late... but still noticed a good trade like that is hard to miss, from the first moments you recognize it !
I think it's still not late as new opportunities should come.
Monthly SZ is way up and there are no speed bumps.
Live life king size !
  • #6,066
  • Apr 13, 2018 3:02am Apr 13, 2018 3:02am
hello peeps,

regarding GBPAUD

I am also looking for buy opportunities.

Weekly Curve Low on the curve)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB


Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 77 KB


4hr (Limit order or confirmation) 4hr Zone nested in a daily demand zone
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 91 KB
"Fall in love with the process and the results will follow" - Bradley Whitf
  • #6,067
  • Apr 13, 2018 3:41am Apr 13, 2018 3:41am
I am currently in this trade #USDCAD but still struggling to go up.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 89 KB
"Fall in love with the process and the results will follow" - Bradley Whitf
  • #6,068
  • Apr 13, 2018 8:31am Apr 13, 2018 8:31am
Quoting T4i
I am currently in this trade #USDCAD but still struggling to go up. {image}
Maybe it's becos today is Friday, Or?
Don't Buy after a Rally, Don't Sell after a Drop
  • #6,069
  • Apr 13, 2018 9:29am Apr 13, 2018 9:29am
Quoting T4i
I am currently in this trade #USDCAD but still struggling to go up. {image}
Have a good weekend T4i. I'm watching this too. Did not take it but liked it and am curious to see how it pans out.
Do your time and enjoy the ride...
  • #6,070
  • Apr 13, 2018 2:04pm Apr 13, 2018 2:04pm
Quoting T4i
I am currently in this trade #USDCAD but still struggling to go up. {image}
I have it in my cross-hairs as well.
Thing is with all kinds of politics involved (weakening of US Dollar), I am waiting to see if it is ready to take off.
Live life king size !
  • #6,071
  • Apr 13, 2018 2:11pm Apr 13, 2018 2:11pm
Quoting T4i
hello peeps, regarding GBPAUD I am also looking for buy opportunities. Weekly Curve Low on the curve) {image} Daily {image} 4hr (Limit order or confirmation) 4hr Zone nested in a daily demand zone {image}
All the best.
This pair has been quite generous for sometime
Live life king size !
  • #6,072
  • Apr 13, 2018 4:10pm Apr 13, 2018 4:10pm
thanks a lot @foxtrader16 and Good Fortune
"Fall in love with the process and the results will follow" - Bradley Whitf
  • #6,073
  • Apr 14, 2018 8:59am Apr 14, 2018 8:59am
NZDUSD IDEA

Daily is in a range and high on the range and therefore buy low sell high

Attached Image (click to enlarge)
Click to Enlarge Name: 9rdiqK2a.png Size: 88 KB


1hr entry
Attached Image (click to enlarge)
Click to Enlarge Name: v4AJdJ1d.png Size: 123 KB
"Fall in love with the process and the results will follow" - Bradley Whitf
  • #6,074
  • Apr 14, 2018 11:29am Apr 14, 2018 11:29am
Quoting Akt
Hello everyone. I would like to discuss a topic again with you all, one that is a constant source of division amongst traders. I refer to that 6 letter word....TRENDS, from the perspective of their impact on profitability relative to position sizing. There is a prevalent school of thought that traders can only be profitable trading big trends like daily and weekly trends. Whilst I agree bigger trends could potentially give bigger profits, at the end of the day, that in itself is dependent on the level of skill of the trader and importantly, their...
Hello Akt, can you make post similar to posts about the reward to risk ratio but about position sizing and high/low tfs with examples please, thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: S2rUTM8.png Size: 90 KB
Click to Enlarge Name: s6wA4IE.png Size: 80 KB
  • #6,075
  • Apr 15, 2018 2:49am Apr 15, 2018 2:49am
Quoting ykn4f
{quote} Hello Akt, can you make post similar to posts about the reward to risk ratio but about position sizing and high/low tfs with examples please, thank you {image} {image}
Hello ykn4f

What would you like us to discuss specifically about position sizing please?

best wishes
Be careful what you think because your thoughts run your life..Solomon
  • #6,076
  • Apr 15, 2018 4:12am Apr 15, 2018 4:12am
Quoting Akt
{quote} Hello ykn4f What would you like us to discuss specifically about position sizing please? best wishes
"Whilst I agree bigger trends could potentially give bigger profits, at the end of the day, that in itself is dependent on the level of skill of the trader and importantly, their position sizes, more than how long the trend has been in place.

I know traders who trade 15min, 5min, trends who have done well for themselves and continue to. They were able to develop the required skill to trade these trends, including the mindset required in that process.

The thing about trends is that no trader makes money without them. From the minute a trader places a trade, he needs a trend to develop in his direction to be profitable.

The amount of money he/she makes is partly dependent on the size of the trend the trader trades, but more importantly, profit is largely determined by the position size deployed, more than how long the trader stays with the trend or how big a trend is.

Depending on the position size, a small move could result in a large profit for the trader, a profit that another trader staying with a trend but with a small position size is not likely to have.

Certainly a trader trading daily trends technically is more likely to make more money than the trader trading a 5 minute trend.
However, if we think about it more in-depth, the amount of money made in real terms will depend on the position size the trader used when placing the trade."

I dont understand how bigger time frame can give you more profit if your %stoploss same as if u trade it on low time frame, and r/r are same
on lower tfs more opportunity then on higher, am i missing something?
  • #6,077
  • Apr 16, 2018 12:16am Apr 16, 2018 12:16am
Hey guys,

An idea going into Monday. What do you think?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4:15:18_EURUSD_D.png Size: 59 KB
Click to Enlarge Name: 4:15:18_EURUSD_4h.png Size: 54 KB
Click to Enlarge Name: 4:15:18_EURUSD_1h.png Size: 60 KB
  • #6,078
  • Apr 16, 2018 6:13am Apr 16, 2018 6:13am
Commercial !!!

What happened ? was it intentional, or did FF place you here ?

PS: Hope all is going well !
  • #6,079
  • Apr 16, 2018 8:39am Apr 16, 2018 8:39am
Quoting bhopris0
Hey guys, An idea going into Monday. What do you think? {image} {image} {image}
So what is the idea? It's sideways way I see it.
Live life king size !
  • #6,080
  • Apr 16, 2018 9:03am Apr 16, 2018 9:03am
Quoting foxtrader16
{quote} So what is the idea? It's sideways way I see it.
I concur.

decision matrix = sell high buy low in ranging market.
"Fall in love with the process and the results will follow" - Bradley Whitf
10 traders viewing now