Trading Institutional Order Flow

Quoting Elios

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GBP/AUD A trend reversal? Weekly, daily and 4H trend is down. As SAD traders, we have to "ANTICIPATE" the new trend compared to the traditional trend trader who is taught to "FOLLOW" the old trend (a quote from Akt). On the daily chart we can see the embedded weekly, daily and 4H demand zones. The weekly and daily demand zones are not fresh , but the price has not penetrated them so much. In all zones there is evidence of imbalance and they pass the criterion of 2:1. Also these zones are low in curve location and the price has not spent much time...

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Quoting 4rXal-ghul

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{quote} @Elios. It's a good thing you brought this up. This is how I saw the GBPAUD way before I took the trade: Weekly: break of down momentum line -zone not fresh {image} H4: break of down momentum line {image} My TP target was just at the upper H4 SZ... until I moved it to the lower SZ just being cautious due to the non-clarity surrounding this DZ going by the discussion so far. I also would like to know what Akt thinks about this.

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Quoting 4rXal-ghul

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{quote} @Elios. It's a good thing you brought this up. This is how I saw the GBPAUD way before I took the trade: Weekly: break of down momentum line -zone not fresh {image} H4: break of down momentum line {image} My TP target was just at the upper H4 SZ... until I moved it to the lower SZ just being cautious due to the non-clarity surrounding this DZ going by the discussion so far. I also would like to know what Akt thinks about this.

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Quoting Akt

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{quote} Hello 4rXal-ghul & Elios I see what you see and understand why you took the trade 4rxal-ghul However, it is difficult to make a case for buying. Even if a case could be made it would be a tenous one. The reason i say that is because the weekly downside momentum that was lost with the trend line break was re-established. To be fair, the demand zone is still putting up a good fight and the buyers are trying to defend that demand. Like Erikh has said, joining in that fight is aggressive but remember aggressive doesn't mean bad. best wishes...

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Quoting Akt

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{quote} Hello 4rXal-ghul & Elios I see what you see and understand why you took the trade 4rxal-ghul However, it is difficult to make a case for buying. Even if a case could be made it would be a tenous one. The reason i say that is because the weekly downside momentum that was lost with the trend line break was re-established. To be fair, the demand zone is still putting up a good fight and the buyers are trying to defend that demand. Like Erikh has said, joining in that fight is aggressive but remember aggressive doesn't mean bad. best wishes...

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Quoting Elios

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{quote} So your profit is about 90 pips ... not bad. The main issue is to clear if this way of thinking is valid.

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Quoting remicartier

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Hey guys, dunno if this message will go through, but here is a trade idea on H4 for USDCAD. H4 Supply zone is nested in D1/W1/MN1 (Check the red line @ 1.3560) {image}

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Quoting addtoit-

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Or is this weekly level setting up this daily trend, being executed on the 4h tf?? Isn't this a WoW trade?? {image}

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Quoting shyean

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Hello remicartier, Akt and fellow traders, Joining in to discuss USD/CAD, for your comments too. Daily down momentum is broken, if H4 up momentum continues, will look for short entry in Weekly Supply Zone. I'm thinking the quality of the lower Black Box not as good as the drop is not huge when it broke the previous Weekly up momentum. Thanks {image} {quote}

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Quoting 4rXal-ghul

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{quote} It was 60+ actually.. I had to lower the target.

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Quoting here4dapips

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Thanks for the replies @akt @elios

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Quoting Atheon

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Hello Akt, May I ask, given that trading isn't always a land of milk and honey if you can give us some examples of losses that you took and how you overcome them and also the frequency that they come(to you) so that a trader can assess real expectations of trading and the methodology as a whole(I think this is a very important part in a trader development). Thank you.

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Quoting remicartier

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Hey guys, dunno if this message will go through, but here is a trade idea on H4 for USDCAD. H4 Supply zone is nested in D1/W1/MN1 (Check the red line @ 1.3560) {image}

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Quoting Akt

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{quote} Hello Atheon Great question I have a different view, something my guys and i talk about often. I am very wary of being the yardstick for any trader to measure themselves by. It is not necessary because trading is a very personal journey of development. Contrary to what is sold out there, it is as you said, not a land of milk and honey, at least to start with. It is like learning any profession. When a new doctor graduates, we don't put them in charge of a ward full of patients straight away, people die that way. We put them straight under...

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Quoting Atheon

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{quote} Thank you for your response Akt, also how do you familiarize yourself with losses and not get beaten up by them?

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