Sorry here is the daily chart for the aud usd
Attached Image (click to enlarge)
Trading Institutional Order Flow
Hello everyone. I hope you are all well and safe. It has been a while and I do apologise for my absence. I was unfortunate enough to have been infected by Corona virus and all i can say is that it is not the fluI am grateful to have survived it but it has taken this long for me to feel any where near able enough to join you all in here. Thanks to all of you who have been sharing your ideas and helping one another here. Much appreciated. I look forward to resuming sharing here with you all. best wishes{image}
- #9,305
- Edited 2:59pm Apr 5, 2021 2:46pm | Edited 2:59pm
- | Joined Feb 2021 | Status: Trader | 717 Posts
Hi, i'm really new to this methodology .I'm starting to learn slowly from storehouse videos and this very rich thread (still at first pages). Probably seems a stupid question, but i've seen that most of you take for granted some basics that for newbies like me seems very difficult to understand and this blocks me from going on learning more and more. I've so many questions really but i don't want ot post them all togheter) 1) AKT defines a matrix decision, I would like enlightment about the steps inside it, they are not clear to me, at least...
Ive noticed youve mentioned that your near the starting point of the thread, but I suggest reading through the whole thread before asking any major questions, the reason being is that these very same questions have been asked and answered numerous times with hundreds of chart examples. So you will find that when you perservere with the thread your questions will be answered.
I was the same as you and had a million questions at the start of the thread, but the funny thing is when you make your way through it, you end up with the answers, and to be honest I got a bit bored with the same questions being asked at the middle of the thread that had been answered previously, due to some members not being bothered to put in the reading.
Another optional item to study is Alfonzo Morenos thread as to me, they both go hand in hand, also there is a detailed pdf on his website that has a briefing of all the rules which is really handy for reference, this will also help to answer some of your initial and upcoming questions.
So if you can blast out both threads fully, then with the pdf for reference, you cant go wrong.
- #9,311
- Apr 7, 2021 8:44am Apr 7, 2021 8:44am
{quote} hello sir Joe123 how u mark the zone ? u mark on wicks of candle ? u mark on body ? and which candle ? how to mark zones like u mark ? do u mark round numbers ? do u mark PIN bar ? do u mark Bearish bullish engulfing candles ???
i find the poles or caps in price normally at extreme of price and mark out the level on HTF with the wicks and LTF the candles them self's. this is USD, so some kind of a pick up in dollar is likely.
like here, i go on to a htf chart, find a pole where buyers should be at
go on to a LTF chart and wait with some kind of bullish engulfing candle with a cap in price which defines the trend on LTF, which is up for now.
Indicators only Indicate, Price action dictates.
{quote} Hi Francesco Ive noticed youve mentioned that your near the starting point of the thread, but I suggest reading through the whole thread .... Another optional item to study is Alfonzo Morenos thread as to me, they both go hand in hand, also there is a detailed pdf on his website that has a briefing of all the rules which is really handy for reference, this will also help to answer some of your initial and upcoming questions. So if you can blast out both threads fully, then with the pdf for reference, you cant go wrong.
I started following this AKT's thread hoping that the philanthropic spirit that started it would have been of real usefulness also for newbies like me.
After more that 40 pages of this thread and many videos from storehouse analtitycs that i've read and studied (very analitically), i still have confusion and found some incongruences in the matrix decision process.... or maybe the problem it's me... I'm stuck now, and it's a real pity, because i believe this methodology can provide a solid base for trading. But without someone sharing this very basic info to start following and undestanding all your top-down analysis, the more i read the more i get confused
. For instance, let's take the curve TF (biggest one). I stll haven't understood if, at this stage, if I have to consider the momentum, the trend or only the position of the price in order inside the curve to start looking for opportunities.... Sometimes, as in the very first posts of this thread, it seems that the only variable that matters is where the price is (if very near or far from the fresh curve S/D zones i start looking for opportunities). In other posts instead, also the momentum seems relevant :if lost for example, AKT require also that the D/S zones of the curve must be nested inside a HTF zone (for the second law of Newton) in order to be allowed to look for opportunities (rule of alignment, as in post #275).
In other videos, always from AKT, such as
Inserted Video
I think that without knowing the whole rules dictaded by AKT matrix, every my effort to go deeper in the understanding is somehow frustrated. I would like AKT could share more of his original studies to the community and not only to the very few lucky persons that had access to it in that far 2016 when this thread was started. This would really make the breakthrough for most of us, realizing also at 360° the spirit of sharing, that moved AKT to start this thread... The real sharening starts when all persons interested have the same right to benefit from other's altruism and then we all can grow and contribute and support each others .
Otherwise it's very difficult to follow and to grow in learning and at the very last, and someone like me will always be a step behind, without the possibility to give in the future any useful contribution to others.
Thanxs
{quote} Hello ands506, good to meet you. please see the annotated chart below for the response to you question. and, yes, only one criteria is required. Fulfilling both gives added strength best wishes{image}
Still referring to curveTf: shouldn't the most recent TL in this graph be drawn as the red one?
And if yes, Dz of the curve (in green) to be tradedable shouldn't be nested inside a higherTF Dz (weekly), because of the rule alignment?
