Be careful what you think because your thoughts run your life..Solomon
Trading Institutional Order Flow
- #9,705
- Apr 24, 2022 2:30pm Apr 24, 2022 2:30pm
- | Commercial User | Joined Jan 2016 | 2,682 Posts
Be careful what you think because your thoughts run your life..Solomon
- #9,707
- Edited 7:47am Apr 25, 2022 7:25am | Edited 7:47am
{quote} you are probably right, momentum is down. I look at candlestick patterns for my entry. doji, hammer, engulfing etc.
EURUSD 4H, 1H ,5 min
the main reason why price moved lower was because of the 4h bearish engulfing, together with the 5min supply flag.
confirmation was the bearish engulfing on the 4h that told me price wanted to go lower, which is a signal in it self (engulfing)
on the 1h time frame, there was a doji and enulfing candle that was created by the supply on 5min that gave me more confidence in the supply zone that it was at.
5min chart shows the supply flag
i use supply and demand levels together with candlestick patterns. I also have some moving averages that help me keep track of the trend.
Indicators only Indicate, Price action dictates.
Happy new month guyz
Time for business
Euraud daily downward momentum blocken
Supply zone removed demand created momentum now up
4hr demand zones holding
4hr demand zone refined on 1hr timeframe
Guys your feedback is welcomed
Time for business
Euraud daily downward momentum blocken
Supply zone removed demand created momentum now up
- #9,715
- May 5, 2022 8:11pm May 5, 2022 8:11pm
XAU/USD, GOLD: WEEKLY, & DAILY CHART PLUS SSI - weekly seems like a nice level for price to go up, seems solid. Daily is a little more unclear but I see two levels where price can move up from. I would wait for confirmation such as engulfing, doji, dragon candlestick etc for a confirmation to go long including on the weekly candlestick. Gold is bullish in the long term so im not worried of price going to low into a lower demand. SSI is about neck and neck, so i would expect this demand to hold as there isn't any strong short positions. what's your thoughts on gold?
WEEKLY:
DAILY:
SSI: 
WEEKLY:
DAILY:
SSI:
Indicators only Indicate, Price action dictates.
- #9,717
- Edited 1:35pm May 7, 2022 1:21pm | Edited 1:35pm
{quote} looks like you are right about the trend being up! I think its a little premature though and would have like to go a little lower. this is the reason why I thought it would go lower, and I still do think we can hit those levels. what do you think? {image}
we probably going to go up very strong with not much breaks.
SSi signals most traders are going short, so this is a genuine trend reversal. look for longs by demand flags for entry to the long side.
nice opportunity to go long EURGBP. I have one order here, and will place my second order by the lower demand. will leave the long (current demand flag) open and let it go down lower if it does. Whats your thoughts?
Indicators only Indicate, Price action dictates.
