cut your losses short and let your profit run
Trading Institutional Order Flow
Hello everyone, I would like to firstly thank AKT for this thread and the content he put out to help beginner traders like myself
I have spent a month studying Supply and Demand and i'm finally getting it.
I Day trade/Scalp using SnD
I took two trades Using confirmation entry method but on lower timeframe GBPUSD(Long) USDCAD(short)
Price was both at a daily demand zone so i was looking for buys on GU
It headed for and hourly demand zone 
On the 5min timeframe which is my entry timeframe i spotted a confirmation entry and took the trade
Same entry criteria and setup as the previous one
I just have an issue with directional bias sometimes i don't know if i should be looking for sells or buys based off the daily timeframe or H1 since my entries are from 5min
I have spent a month studying Supply and Demand and i'm finally getting it.
I Day trade/Scalp using SnD
I took two trades Using confirmation entry method but on lower timeframe GBPUSD(Long) USDCAD(short)
It headed for and hourly demand zone
Same entry criteria and setup as the previous one
I just have an issue with directional bias sometimes i don't know if i should be looking for sells or buys based off the daily timeframe or H1 since my entries are from 5min
I Learn so i can Earn
- #8,845
- Sep 9, 2020 2:52pm Sep 9, 2020 2:52pm
- | Commercial User | Joined Jan 2016 | 2,682 Posts
Be careful what you think because your thoughts run your life..Solomon
Ill give try, Still new to this so looking for feedback also. This post bases on reading through pages 147/442 so plenty to go still. And im not Pro by any means so take these with grain of salt.
M - Demand valid with decent stay away and high enough move away 2:1 min filled.
W - Nothing above with this broker since leverage data does not reach far enough in binance. W demand within monthly zone looks pretty nice as leave wise and also tidies down alot wide monthly. So high potential area to watch out especially what price does when it gets there.
D - Nothing close by on topside besides the small bouncy range we in now (which does not serve either supply or demand yet). For weekly perspective idd like to see the visit downside within next 4 days this would still keep us healthy looking on weekly to have clear way back up. Fresh dailies range is about 20% which should be plenty of room to execute when we meet either end.
Legacy down for colorcodes.
Few ideas:
I'd love to see visit inside monthly towards around 9300-9100 (precise price levels check your charts)
Daily zone just above monthly can act as barrier and can serve good day trading area. Before monthly zone i dont think there is reason to look for good RR longs just yet.
Also one 4hr fresh high quality zone marked on higher end which is closest fresh in my opinion. This can also result on decent shorter term trade with confirmation.
I am personally waiting some more downside and waiting to see the arrival if that is keeping profit margin alive i think there might be good zones coming soon from demand side.
For now sitting duck between two fires now is time to sit on hands and wait hunters to reposition themselfs and then take a stab.
Someone else might want to fill up above levels since i dont have those charted atm
M - Demand valid with decent stay away and high enough move away 2:1 min filled.
W - Nothing above with this broker since leverage data does not reach far enough in binance. W demand within monthly zone looks pretty nice as leave wise and also tidies down alot wide monthly. So high potential area to watch out especially what price does when it gets there.
D - Nothing close by on topside besides the small bouncy range we in now (which does not serve either supply or demand yet). For weekly perspective idd like to see the visit downside within next 4 days this would still keep us healthy looking on weekly to have clear way back up. Fresh dailies range is about 20% which should be plenty of room to execute when we meet either end.
Few ideas:
I'd love to see visit inside monthly towards around 9300-9100 (precise price levels check your charts)
Daily zone just above monthly can act as barrier and can serve good day trading area. Before monthly zone i dont think there is reason to look for good RR longs just yet.
Also one 4hr fresh high quality zone marked on higher end which is closest fresh in my opinion. This can also result on decent shorter term trade with confirmation.
I am personally waiting some more downside and waiting to see the arrival if that is keeping profit margin alive i think there might be good zones coming soon from demand side.
For now sitting duck between two fires now is time to sit on hands and wait hunters to reposition themselfs and then take a stab.
Someone else might want to fill up above levels since i dont have those charted atm
{quote} Hello phinny Welcome to T.I.O.f Thanks for sharing your trades with the group. If i may, i think it may be worth looking at your timeframe sequence. If one is entering on a 5min chart, using a daily timeframe as the big picture chart is probably too far removed from the entry timeframe. Depending on the asset class one trades, using smaller intraday timeframes may be possible even if not ideal. For example, with the lack of centralisation in the forex markets, the trader should be mindful that some brokers (not all) may play "broker games"...
I decided to rather use daily zones and take entries on 1hr
The 5M has been a real hassle these past weeks and I want my trading to be a bit stress free in terms of looking at charts all day
I am currently looking at EURUSD
My EURUSD Analysis
-Price entered daily Demand zone with slowed momentum
-Price turned taking out supply zones
-Anticipating price returning to the H1 Demand zone for buys If it doesnt get to my expected zone i wont chase price
I Learn so i can Earn
Phinny, can you post all 3 timeframes so we can assess the zone quality aswell that you were taking as we cannot see it now. If your entry was on 1hr, would like to see 4h and D aswell. This is what I see from this timeframe. I am not sure that this would classify as good zone because of the "wickiness" excuse me about the words not sure i have them all dialed in yet.
Few toughts but not really valid since we dont know the whole reference around. Therefore I recommend you to upload all 3 timeframes to assess the trade properly.
Based on this picture I see only one bash area not true quality supply zone.
Also one thing to consider is that even if the upper zone at 1. was considered supply the distance to closest opposing zone is not really that far thus not giving minimum of 2:1 RR ratio.
If that is Daily zone that you were trading ideally most conservative target would be TF-1 to that in this case D-1 = 4h. So first target could be at 4h demand zone. And the time it spent there before returning to these heights there is 4hr level allready present at point 2.
Few toughts but not really valid since we dont know the whole reference around. Therefore I recommend you to upload all 3 timeframes to assess the trade properly.
Based on this picture I see only one bash area not true quality supply zone.
Also one thing to consider is that even if the upper zone at 1. was considered supply the distance to closest opposing zone is not really that far thus not giving minimum of 2:1 RR ratio.
If that is Daily zone that you were trading ideally most conservative target would be TF-1 to that in this case D-1 = 4h. So first target could be at 4h demand zone. And the time it spent there before returning to these heights there is 4hr level allready present at point 2.
To phinny, to my understanding that looks pretty ok, not every trade will work. Only flaw in my opinion is the zone long wick down which kinda does not give it the 2:1 move away. I personally dont come up with any other "bad" thing about it. I think someone else might want to comment aswell because im still on starting feet 
Idd say still just keep going looks quite solid otherwise!
This is the same zone in smaller timeframe. depending how its to be drawn it had been "tested" on small timeframe after price left from there.
Idd say still just keep going looks quite solid otherwise! 