Trading Institutional Order Flow

Quoting Denden2012

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Good morning everyone, as predicted, all the trades went in the direction I anticipated and hit my TP within minutes with me not on board. Next week will be a better week. Just one example. On a positive note though, I am beginning to see what confirmation trades look like in real time and the patience (hardest part for me) it requires to get an entry. So I am learning and growing. {image}

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Quoting Tiger45

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Hi AKT, My assessment of GBPUSD was close to yours, but wrong. I marked the RBR prior to your zone as the origin of the move and considered the zone you drew as a 2nd touch. Guess I need lots more practice. {image}

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Quoting Dingaling

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Hi Akt, Thanks for sharing your knowledge. I use S/D zones for a range bar strategy that I am currently testing on a demo at the moment, which seems to be making steady gains. Although after reading some of your posts, it is clear that my understanding of S/D zones and how to define them is some what rudimentary. I more use them to identify areas on my charts that I do not want to be entering a position in. I am looking forward to learning how you interpret these areas and I am sure to be watching your content on youtube. Thanks again for taking...

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Quoting kunzerk

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Hi Akt, I'm a big fan of you, as you know. That is why I dare to ask. Because I'm always curious and want to know more... So you post a picture below: GBP/JPY (the "dragon") from a day trader's perspective http://www.forexfactory.com/attachme...1&d=1464942119 So the Supply Zone is a new, because it removed the previous demand? Or it is part of a NON-FRESH Supply Zone ? (my picture below) I dont want to fuss, just want to understand more and more... The question is important for me, because in this...

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Quoting Akt

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{quote} Hello and Welcome Dingaling, good to meet you. Glad you are finding the information useful. Would love to see some of your work with renkos, sounds interesting. don't be a stranger, best wishes

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Quoting Akt

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{quote} Good for you Denden. Hang in there. It takes time but it will come. best wishes. P.S write down that emotion you are feeling. Think about it this weekend if you have time. Should be a world of treasure in there for you to discover.

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Quoting Tiger45

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Trying to put the pieces together here. I see EURGBP approaching a daily RBD SZ. Zoomed in to the 4 hour chart and see a DBD zone just under the daily level. Placed a limit short at the edge of the zone with a 30 pip stop. My order is split into 2 parts. The first lot comes off at 30 pips and the second at 60 pips. I am short at .78100. Still struggling with Traderview. Any help or comments are greatly appreciated. {image} {image}

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Quoting MadMojosss

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Hi there! I have a question about a situation on EUR-GBP, look at the chart below. We have in Monthly time frame e level overshot by some pips. It have had a small reaction but not a great imbalance. 1) Need I consider than the Supply is in comand and looking for short position is better? 2) If this level, after the overshot, It have had a better short reaction, could I mark the new base like a new Supply level, as the previous level was still valid? Hope my questions are understandable Cheers! Mauro {image}

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Quoting Dingaling

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{quote} I use the range bars as a 'smaller timeframe' equivalent for entries into a trend, the trend is defined by the daily chart. As I say, I really only use SD zones on the daily chart in order to filter out areas that I don't want to enter into the market rather than potential entry areas. This is because I try to catch the middle section of a trend rather than top or bottom reversal points. I usually define these SD zones by areas of consolidation where the market has coiled in, or areas that the market has strongly reacted to, particularly...

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Quoting Akt

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{quote} Hello Mauro A zone is considered removed when it is penetrated through. Taking a closer look at this monthly level, it was not surprising price went to the weekly level just above, (seen on the weekly chart) The wicks on the monthly candle "pointed" to where the imbalance really was, better seen on the weekly. best wishes{image}

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Quoting Akt

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{quote} Great analysis Tiger. The thing to ask yourself is, "what time sequence am I trading?" Therein lies the answer to the question For example, me being a M-W-D sequence trader, i would be looking to short at the daily zone, not the 4hr zone. That may differ if the trader is a W-D-4hr sequence trader, in which case that short would be one to take, no doubt. best wishes

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Quoting Tiger45

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Here's another trade I just got into. I'm a little apprehensive about this because the move down was so strong, but it is what it is. Currently I'm long at .97648 with a 30 pip stop. {image} {image} {image}

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Quoting Tiger45

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{quote} Thank you Akt. I'm working hard, and you make this look so easy! I prefer to trade the W-D-4hr sequence, with an occasional peak at 1 hour. Are there any issues or warnings about holding trades over a weekend?

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Quoting Tiger45

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Thanks again for your input, Akt. I'm coming from the scalper world and it's a BIG adjustment. How much weight do you give the dollar index when considering a trade? If the dollar is trending strongly, it seems like it doesn't make sense to trade against that even if a pair is at a level where a trade should be taken. I took 3 trades yesterday (posted 2 of them) that where counter to the strong downward move of the dollar.

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