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Simple Trendline Orderflow System

  • #181
  • Aug 20, 2021 11:51am Aug 20, 2021 11:51am
Quoting anubieonly
Hi guys, I am also a snd trader but not pure adopt this sytem, I adopt the breakout tl as the horizontal line will be a good place for support and resistant but I use snd zones too for entries, especially the nested or heavy snd zones so enter can be happen if still in zones. Compression is a form of small swing and price is in discount, usually candle with tail will be a sign, I marked in red rectangle or in uptrend / downtrend structure it will be hh hl lh ll, and drag a tl to know when the breakout happen, in my chart it happen in blue rectangle,...
I just realized from gold trading actually this trading method almost same as RBD or DBR in SND, so thats way RR mostly huge, after base it will go reversal significant, but might be just my view, at least few similar pattern in my view

https://www.forexfactory.com/thread/...1#post13675631
but it is still possible not base for distribution if closing new higher
Hope everyone gets green pips
  • #182
  • Edited 12:43pm Aug 20, 2021 12:21pm | Edited 12:43pm
Couple more trades for today and I'm done as this is Friday.

Gold 1:2 RR (5min)

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GBP/USD (this time buy) 1:3RR (5min)

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  • #183
  • Aug 20, 2021 1:08pm Aug 20, 2021 1:08pm
It is nice and easy to understand your strategy, i will try it on demo, so which timeframe do you use on this strategy?
  • #184
  • Aug 20, 2021 1:49pm Aug 20, 2021 1:49pm
Quoting Mafoja
It is nice and easy to understand your strategy, i will try it on demo, so which timeframe do you use on this strategy?
This strategy is universal. That question you need to ask yourself, what type of trader are you. For example, I'm scalper I like small time frames and short trades. If you are patient and can wait for longer time you can use higher time frames, but you need much more time to identify the set up, wait for it to unfold and than trade it.
  • #185
  • Aug 20, 2021 8:32pm Aug 20, 2021 8:32pm
Hi Engineer, can you please let me know if the setup is valid
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  • #186
  • Aug 21, 2021 11:49am Aug 21, 2021 11:49am
hi folks,

can someone highlight the orderflow part of this strategy? I use orderflow aka cummulative delta as my primary indicator. this tech isn't available on mt4/5.

so i'm curious what is going on.

Thanks!
In tea leaves we trust!
  • #187
  • Aug 21, 2021 12:23pm Aug 21, 2021 12:23pm
Quoting Mcbeaners
hi folks, can someone highlight the orderflow part of this strategy? I use orderflow aka cummulative delta as my primary indicator. this tech isn't available on mt4/5. so i'm curious what is going on. Thanks!
You can assess an inversion of your cumulative delta after market structure break at premium or discount levels. However it is just a factor of confluence, not an absolute change.
  • #188
  • Aug 21, 2021 12:34pm Aug 21, 2021 12:34pm
Quoting scherzi
{quote} You can assess an inversion of your cumulative delta after market structure break at premium or discount levels. However it is just a factor of confluence, not an absolute change.
lol say what?!!
In tea leaves we trust!
  • #189
  • Aug 21, 2021 3:22pm Aug 21, 2021 3:22pm
Quoting Mcbeaners
{quote} lol say what?!!
I understand you mean that you are tracking the either level II or market price qty book of your asset to verify if the prices have enough liquidity or not to support them. That you use kind of cummulative buy/sell indicator you name "cummulative delta". Otherwise, pelase elaborate a bit your message.

What I say is that us who use technical analysis can see the orderflow through the charts in different manners. This is one of them.

When price is high, that is also called "premium", "top", "supply", etc.... The name may vary, the idea is the same. Price is high and therefore, informed traders will sell it. When prices are low, then informed traders will buy it. Buy low, sell high, the basic lemma.

You asked about the orderflow. The order-flow is quite simple. Orders are bulit at the bottom to move prices up. Orders are built at the top to move prices down.

Informed traders sell while prices are moving up and buy while prices are moving down. ok? The uninformed traders will buy while prices are moving up and will sell in bearish conditions.

So the idea is that we want to sell when prices are at the top (we sell as prices move up). And we want to buy back when prices are down (we want to buy while prices are moving down, before they move up).

So when you see a break of the ascending momentum and a decline of the impulses (slopping prices vs completely vertical prices), then you know that the order-flow is switching from net long to net short or vice-versa.

I don't know if my explanation is what you ask, otherwise, please explain better what you want to know.
  • #190
  • Aug 21, 2021 4:26pm Aug 21, 2021 4:26pm
Quoting scherzi
{quote} I understand you mean that you are tracking the either level II or market price qty book of your asset to verify if the prices have enough liquidity or not to support them. That you use kind of cummulative buy/sell indicator you name "cummulative delta". Otherwise, pelase elaborate a bit your message. What I say is that us who use technical analysis can see the orderflow through the charts in different manners. This is one of them. When price is high, that is also called "premium", "top", "supply", etc.... The name may vary, the idea is...
I could not write it better. Kudos!
Trading should not be difficult
  • #191
  • Aug 21, 2021 6:50pm Aug 21, 2021 6:50pm
Quoting EngineerFx
{quote} I could not write it better. Kudos!
Look. They will say maybe: "Netflix dropped this week because they increased the subscription price".

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I don't know what's going to happen to Netflix, but I like this picture.
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  • #192
  • Aug 22, 2021 5:08am Aug 22, 2021 5:08am
Quoting scherzi
{quote} Look. They will say maybe: "Netflix dropped this week because they increased the subscription price". {image} I don't know what's going to happen to Netflix, but I like this picture. {image}
This is just a forecast.!
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  • #193
  • Aug 22, 2021 10:15pm Aug 22, 2021 10:15pm
Last Friday GCAD and ECAD broken its tl of uptrend structure actually most of CAD pairs but I only able to enter these 2, will close once it break the current downtrend structure
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Hope everyone gets green pips
  • #194
  • Aug 22, 2021 10:21pm Aug 22, 2021 10:21pm
same as messi97 above posting NU, I also watch NJ, AU, AJ for this week, now most of major and JPY pairs are on retracement
it good to take a bit long on Last Friday at tl breakout at the bottom as current trend is down, then will plan to short if PA confirm on around fib 61.8 to horizontal line of tl breakout
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Hope everyone gets green pips
  • #195
  • Aug 23, 2021 2:50am Aug 23, 2021 2:50am
Quoting anubieonly
Last Friday GCAD and ECAD broken its tl of uptrend structure actually most of CAD pairs but I only able to enter these 2, will close once it break the current downtrend structure {image} {image}
You are trading a different approach. Pls keep your posts in line with this thread. Thanks
Trading should not be difficult
  • #196
  • Aug 23, 2021 3:32am Aug 23, 2021 3:32am
EngineerFx, trying to understand what qualify as a COMPRESSED ZONE, would my Blue line pass as a Compressed zone, Thanks
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  • #197
  • Aug 23, 2021 3:52am Aug 23, 2021 3:52am
Quoting FibFork
EngineerFx, trying to understand what qualify as a COMPRESSED ZONE, would my Blue line pass as a Compressed zone, Thanks {image}
No, it doesn't. In a compressed/accumulation/distribution zone, price is moving slowly
Trading should not be difficult
  • #198
  • Aug 23, 2021 3:54am Aug 23, 2021 3:54am
Thanks EnineerFX, i found this on my computer
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  • #199
  • Aug 23, 2021 4:44am Aug 23, 2021 4:44am
Quoting FibFork
Thanks EnineerFX, i found this on my computer {image}
Makes sense. Per this approach, this is the setup
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Trading should not be difficult
  • #200
  • Aug 23, 2021 4:46am Aug 23, 2021 4:46am
Quoting FibFork
Thanks EnineerFX, i found this on my computer {image}
I also see this.

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