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Stop Hunting using Sentiment and Market Structure

  • #421
  • Sep 23, 2019 8:47am Sep 23, 2019 8:47am
Quoting SentiFX
{quote} Not yet
If I may add something here.

A fill is not always needed. Within the void you will find levels of imbalance that are rebalanced before price moves through the entire void and that's enough to stop price. Refining those levels within the void can be tricky but certainly something that can be done consistently enough to make a profit over the long term.

The reason I bring this up is because there is a false notion that all voids/gaps fill which they don't and this can cause traders who are learning to assume this is the case and thus trade accordingly to this falsehood. It also promotes poor thinking. Lastly voids are made up of imbalances not inefficiencies. This is very important and once understood makes all the difference to ones trading decisions.

Forgive me for overstepping on your thread but I find the study of price fascinating.

LSP
  • #422
  • Sep 23, 2019 9:11am Sep 23, 2019 9:11am
Quoting lockstockpip
{quote} If I may add something here. A fill is not always needed. Within the void you will find levels of imbalance that are rebalanced before price moves through the entire void and that's enough to stop price. Refining those levels within the void can be tricky but certainly something that can be done consistently enough to make a profit over the long term. The reason I bring this up is because there is a false notion that all voids/gaps fill which they don't and this can cause traders who are learning to assume this is the case and thus trade...
Lockstep - these are very good points and I did cover a lot of what you mention in the Liquidity Gap Fill blog post. You are absolutely right the gap does not have to fill 100%.

There is a psychology behind the LG and what drives it in the first place. LG's happen for a multitude of reasons. Some of which include imbalance of traders on the opposite side - news over-reactions and previous market structure imbalances.

Any time a trader thinks price "MUST" do something - is when the thinking is flawed. There is a natural flow of price that is likely to continue that flow unless something changes it.

Also, thank you for contributing your thoughts. You are not overstepping at all.
  • #423
  • Sep 23, 2019 9:30am Sep 23, 2019 9:30am
UJ headed for first scale out.
  • #424
  • Sep 23, 2019 5:56pm Sep 23, 2019 5:56pm
UJ 3 positions deep, scaling out at stops.
Attached Image (click to enlarge)
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  • #425
  • Sep 23, 2019 6:54pm Sep 23, 2019 6:54pm
Quoting SentiFX
UJ 3 positions deep, scaling out at stops. {image}
Not sure exactly what you mean by scale out?
  • #426
  • Sep 23, 2019 6:58pm Sep 23, 2019 6:58pm
Quoting Profitgrowth
{quote} Not sure exactly what you mean by scale out?
closing part of position.
  • #427
  • Sep 24, 2019 12:17am Sep 24, 2019 12:17am
For what operating systems does the free demo app created, I experience a white blank screen.
Looking for profitable short term trades ...|
  • #428
  • Sep 24, 2019 12:52am Sep 24, 2019 12:52am
Quoting Js3mwtRc
For what operating systems does the free demo app created, I experience a white blank screen.
Doesn't matter, it's an online app, so must be some other reason the page is not displaying for you.
  • #429
  • Sep 24, 2019 1:30am Sep 24, 2019 1:30am
Quoting Profitgrowth
{quote} Doesn't matter, it's an online app, so must be some other reason the page is not displaying for you.
I test three browsers, but nothing. I 'll wait for sentifx it may be a bug. Thanks!
Looking for profitable short term trades ...|
  • #430
  • Sep 24, 2019 5:07am Sep 24, 2019 5:07am

AUD/USD one of our watchers for this week - seems to have filled the gap and be ready to resume downtrend. Please see pic and please critically comment as you wish - I'm not v. familiar with Liquidity Gaps (but I've had long standing interest in retail sentiment) - so learning from this thread.

Attached Image (click to enlarge)
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  • #431
  • Sep 24, 2019 6:02am Sep 24, 2019 6:02am
Quoting SentiFX
UJ 3 positions deep, scaling out at stops. {image}
UJ broke market structure upward slightly.

Took most off and letting a portion play out.
  • #432
  • Sep 24, 2019 6:06am Sep 24, 2019 6:06am
Quoting Js3mwtRc
{quote} I test three browsers, but nothing. I 'll wait for sentifx it may be a bug. Thanks!
Js3, sounds like your account glitched somewhere.

Can you go to the conract form at the bottom of the page and put the problem there? Bob will be able to get it sorted out and get back to you.
  • #433
  • Sep 24, 2019 6:09am Sep 24, 2019 6:09am
Quoting pipmunk
AUD/USD one of our watchers for this week - seems to have filled the gap and be ready to resume downtrend. Please see pic and please critically comment as you wish - I'm not v. familiar with Liquidity Gaps (but I've had long standing interest in retail sentiment) - so learning from this thread. {image}
I closed out AUDUSD for +14 short. Shared w members. The reason was NZD completed its cycle and was taking the lead upward and both pairs typically track one another.

NZD was leading indicator in this instance and the price cycle was completed. Did a thorough markup in the blog post.
  • #434
  • Sep 24, 2019 10:35am Sep 24, 2019 10:35am
Quoting SentiFX
{quote} UJ broke market structure upward slightly. Took most off and letting a portion play out.
Looks like it was a take stops before taking it down play which is why I left the first portion on. I expected market structure stops to get taken first but retail must have been trying short so they were cleared.

This was a riskier trade to begin w as it was a y axis cross play but mixing that with Market Structure was why I pulled the trigger in the first place.

This trade has potential to be a runner.
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  • #435
  • Edited 12:00pm Sep 24, 2019 11:38am | Edited 12:00pm
USDCHF sell on Fresh Entry to sell zone and Market Structure.

Targeting Stops

For the doubters out there.

Having edge with Sentiment Analysis that covers retail positioning and changes over time with Market Structure understanding = $$$

Week after week we are killing it. If you want to learn and have the proper tools, join us https://sentifx.com
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  • #436
  • Sep 24, 2019 2:45pm Sep 24, 2019 2:45pm
Quoting RickM
{quote} Hi SentiFX I use Liquidity Gaps to trade all night long, here is how I see it and with NO losing trading days for 3 months, trading Liquidity Gaps work. 1.. Its worth looking first on how a Liquidity Gap is created and why. It is the speed of the Algo driving the market. When the Algo reaches our to clear Pools of Liquidity, this manic movement fractures the market creating micro gaps. This causes an inbalance to the market structure which are filled 90% of the time. The Algo always fills SIDE A seen in a long ranging candle and often SIDE...
Hi Rick,

Very good post, thanks. I have one question regarding Side A and Side B. What are they, could you please expand?

Cheers,
Bogdan
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #437
  • Sep 24, 2019 9:01pm Sep 24, 2019 9:01pm
Current Sentiment Snapshot.

What do you see?
Attached Image (click to enlarge)
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  • #438
  • Sep 25, 2019 12:49am Sep 25, 2019 12:49am
Hi

I'll try this:

USDCHF looks like it will fill this gapas the sentiment is >75%

Ive put in SL, Tp and entry on hourly chart.

Is this a correct reading
Attached Image (click to enlarge)
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  • #439
  • Sep 25, 2019 2:26am Sep 25, 2019 2:26am
Nice idea for a thread. I thought sentiment analysis would be discussed along with several ideas about how to go on reading/finding general sentiment of the market, but I just see screenshots of your software tool giving direction, so basically no real content here other than a pitch to sell your tool. Good luck in your business.
  • #440
  • Sep 25, 2019 2:41am Sep 25, 2019 2:41am
Quoting SentiFX
Current Sentiment Snapshot. What do you see? {image}
I see that USDJPY has dropped significant from the last week and the same for USDCHF pair.
Looking for profitable short term trades ...|
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