Just like a Midget at a urinal am always on my toes
Great thread Nathan nice trading!, thanks for sharing your charts this looks really interesting indeed. I had a look at the Clusterdelta data, on the first Gold example are you buying because of the trapped sellers sell stops? Is the 324 in purple box show the sell stop orders so we can buy on their stop loss? I am not sure of the principles of the data, how to read the boxes, is it very complex to use? I think the 324 may be buyers on the downmove?
I love trading orderflow as it fine tunes my VSA.
http://www.forexfactory.com/attachme...1&d=1477590428
The logic is simple to understand. When you see huge selling below support, this could mean two things:
1. Stop Losses got hit
2. Pending short orders got filled (Sell Stops) in this case
When this happens, you got to borrow from VSA and price action. Wee see the candle quickly reverse and close bullish. That in itself shows strength
Remember Smart Money buys on weakness and sells on strength. This is the underlying principle.
As for the volume boxes, we can see high volume print 324 thats marked out as blue as my filter is set at 300 intraday.
This helps me know/alerts me when high volume that is 3 times or more trades at a given price (intraday). Then you simply throw in delta to check for any imbalance btwn bulls and bears in this case Buyers stepped in. Thats why i bought. It was a buying imbalance
Hope that helps. Cheers!
Just like a Midget at a urinal am always on my toes
- #10
- Nov 2, 2016 12:40am Nov 2, 2016 12:40am
{quote} Then you simply throw in delta to check for any imbalance btwn bulls and bears in this case Buyers stepped in. Thats why i bought. It was a buying imbalance
About the Delta, I am not sure I understand how to check for imbalance, for example the imbalance between bulls and bears, eg. in this example a buying imbalance, do you look at the top of the Clusterdelta chart where it shows volume of cluster, delta (buy-sells), accumulative delta?
Just wonder if do you calculate the buying imbalance using those top sections of data or the volume levels on the bottom of the chart? many thanks in advance!
- #11
- Nov 3, 2016 5:19am Nov 3, 2016 5:19am
\ am buying it as we speak coz of seller weakness ... every dip on XAU is being bought up like hot cake! {image} {image}
- #12
- Nov 3, 2016 6:29am Nov 3, 2016 6:29am
{quote} Thank you Nathan for your excellent chart explanations, this is very interesting approach, I like the way you set your filter to show the larger volume trades too, very good idea.
- #13
- Nov 6, 2016 6:21am Nov 6, 2016 6:21am
Join Channel to learn more I will try share most of my set ups as fast as i can here, But for more clarity and timely posting will be done on telegram channel below https://telegram.me/orderflowfx {image} {image}
{quote} Signed up with Telegram, took me a few attempts to use the software lol. Great information, nice work buddy.
Clusterdelta seem to have pulled out the or 7 day trial not sure but you can try them out too
Just like a Midget at a urinal am always on my toes
- #15
- Nov 9, 2016 11:32pm Nov 9, 2016 11:32pm
{quote} please also try out Volfix.net they have a 14 day trial Clusterdelta seem to have pulled out the or 7 day trial not sure but you can try them out too
- #18
- Nov 18, 2016 12:54am Nov 18, 2016 12:54am
Hi Nathan, I have downloaded the Volfix platform it looks amazing!{image} many thanks in advance for your help with clusters!
ClusterDELTA seems to have gotten rid of their 7 day trial. not sure why they did that but their platform is damn cheap
Just like a Midget at a urinal am always on my toes
- #19
- Nov 19, 2016 4:50am Nov 19, 2016 4:50am
I really like the volfix Nathan it is great I think I will run with the trial and see if I can use it with my current setups, I am still a bit confused about the volume x delta numbers on both sides, it is quite a steep learning curve but I think after a few weeks can get used to seeing and learning the data near levels etc. Have a good weekend Bud!
