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Trading Institutional Order Flow

  • #3,041
  • Edited Mar 22, 2017 11:02am Mar 21, 2017 12:48pm | Edited Mar 22, 2017 11:02am
Hi Guys, have been following the thread for a while, so sorry been so quiet, AKT, Thank you so much for the effort you put in, Supply and Demand really works, and im learning quite a bit.

If you guys dont mind, is the following supply and demand zones drawn correctly
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  • #3,042
  • Mar 21, 2017 1:25pm Mar 21, 2017 1:25pm
Quoting Akt
{quote} Hello Elios Thank you for sharing this idea with us. An interesting one. One to watch and keep on the watchlist Some thoughts for you to consider please best wishes{image}

Thanks Akt for your comment.
The whippy price action is inevitable because the entry is at the middle of the curve. Another problem is that in the Monthly chart we are in transition... a trend reversal is happening ... so the Monthly trend is not clear yet.

Thanks again
  • #3,043
  • Mar 21, 2017 6:17pm Mar 21, 2017 6:17pm
Attached Image (click to enlarge)
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Im try drawing on this pair
  • #3,044
  • Mar 22, 2017 3:39am Mar 22, 2017 3:39am
Hello everyone I'm just wondering from the forum members on how many keep trading journals or logs of their trades? AKT do you keep any? I normalcy video my trades and replay them back to see where my entries and exits were good, also to see movement of the break through of zones also helps if I'm in a trade overnight . Just a habit from old trading days of S&P 500 trades.? Do people find them beneficial ? just interested to see how many do use them and if they are beneficial to you.


We have one life make the most of it !
  • #3,045
  • Mar 22, 2017 3:50am Mar 22, 2017 3:50am
Quoting jgk
Hello everyone I'm just wondering from the forum members on how many keep trading journals or logs of their trades? AKT do you keep any? I normalcy video my trades and replay them back to see where my entries and exits were good, also to see movement of the break through of zones also helps if I'm in a trade overnight . Just a habit from old trading days of S&P 500 trades.? Do people find them beneficial ? just interested to see how many do use them and if they are beneficial to you. We have one life make the most of it !
I have a journal that I log as a demon finder to monitor patterns that are negative towards my trading. I leave in levels and do a write up at the end of the night/trade and find that writing it by hand makes it sink in more than typing it. I've learnt a huge amount from monitoring mistakes.
  • #3,046
  • Mar 22, 2017 5:33am Mar 22, 2017 5:33am
Here Here Ketts ! I know what you mean thanks for your honest response it helps people in all different ways and can vary individual to the person on how they use and the effects on the individual . I Use the video as I like to see bar by bar and then I log where the entry was and how it moved through the time frames then i go to my electronic journal and log my thoughts. I also have a very good I suppose you can call it a tracker for forex all my trades go into not sure if people have heard of it it's called Forex Smart Tools Trade log I purchased this a while ago but very efficient and is very customisable. Thanks again Ketts



We have one life make the most of it !
  • #3,047
  • Mar 22, 2017 5:48am Mar 22, 2017 5:48am
Quoting jgk
Here Here Ketts ! I know what you mean thanks for your honest response it helps people in all different ways and can vary individual to the person on how they use and the effects on the individual . I Use the video as I like to see bar by bar and then I log where the entry was and how it moved through the time frames then i go to my electronic journal and log my thoughts. I also have a very good I suppose you can call it a tracker for forex all my trades go into not sure if people have heard of it it's called Forex Smart Tools Trade log I purchased...
These are 2 files that might help some. I do a weekly wrap up as well which is a really good habit to ensure I'm constantly working on improving. Can do the same for a month or whatever your trade frequency allows you to.
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  • #3,048
  • Mar 22, 2017 6:07am Mar 22, 2017 6:07am
Quoting Ketts
{quote} These are 2 files that might help some. I do a weekly wrap up as well which is a really good habit to ensure I'm constantly working on improving. Can do the same for a month or whatever your trade frequency allows you to. {image} {image}
I got those two files from Tom Dante who isn't a S.A.D trader but has some good points. Listen to his stuff on youtube about improving as a trader, it's pretty funny but if kids are around wear headphones.
  • #3,049
  • Mar 22, 2017 9:21am Mar 22, 2017 9:21am
Quoting Ketts
{quote} These are 2 files that might help some. I do a weekly wrap up as well which is a really good habit to ensure I'm constantly working on improving. Can do the same for a month or whatever your trade frequency allows you to. {image} {image}
This is brilliant Ketts! Screenshot saved. Thank you.
  • #3,050
  • Edited 2:21pm Mar 22, 2017 9:22am | Edited 2:21pm
Quoting Elios
NZD/CAD(not fresh but just touched). {image} {image}
I stopped out in this trade. Akt was right for the whippy price action.
  • #3,051
  • Edited 9:35am Mar 22, 2017 9:23am | Edited 9:35am
Hello everyone shashank here,
I am a supply demand trader, akt and other can any one send me the list of rules, i have some doubtes regarding zones and some concepts looking for guidence from senior members,am i allowed to post charts for stocks here?
It will really helpful to me if anyone will share it
Thanx a lot
  • #3,052
  • Mar 22, 2017 9:53am Mar 22, 2017 9:53am
Quoting shashank0949
Hello everyone shashank here, I am a supply demand trader, akt and other can any one send me the list of rules, i have some doubtes regarding zones and some concepts looking for guidence from senior members,am i allowed to post charts for stocks here? It will really helpful to me if anyone will share it Thanx a lot
Start reading from the beginning. The rules are all there.
You may post SaD charts only. Rules are explained on the first page.
  • #3,053
  • Mar 22, 2017 10:05am Mar 22, 2017 10:05am
How much % of zone you keep stop loss as because many a times it hit my sl and price rallies in opposite direction
  • #3,054
  • Mar 22, 2017 10:38am Mar 22, 2017 10:38am
Quoting shashank0949
How much % of zone you keep stop loss as because many a times it hit my sl and price rallies in opposite direction
I use a structural stop loss placement. So if there is level on top of a level, and I enter at the level closer to current price, I place my SL a few pips below the level that is further. If there is a DBR or RBD, then stop goes below or above the turning point in price.
  • #3,055
  • Mar 22, 2017 11:16am Mar 22, 2017 11:16am
thanx for the replay,
Following is the trade i took which stopped today,
is upper zone correct??
can i trade the lower zone for long on daily which is nested with weekly
monthly-uptrend
weekly-uptrend
daily-uptrend(not broken yet)
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  • #3,056
  • Mar 22, 2017 1:05pm Mar 22, 2017 1:05pm
Quoting shashank0949
thanx for the replay, Following is the trade i took which stopped today, is upper zone correct?? can i trade the lower zone for long on daily which is nested with weekly monthly-uptrend weekly-uptrend daily-uptrend(not broken yet) {image} {image} {image}
Hello shashank0949
Welcome to TIOF.
Good to meet you

My thoughts on BEL.
The demand zone was not great and not fresh.
Please see the picture.

About the rules, read through the thread, the notes and the charts.
Also watch the videos on the sister channel on youtube. https://www.youtube.com/channel/UCBf...ZS7J4oOx3hHl3g
It should all come together

best wishes
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Be careful what you think because your thoughts run your life..Solomon
  • #3,057
  • Mar 22, 2017 10:24pm Mar 22, 2017 10:24pm
Quoting Akt
{quote} Hello shashank0949 Welcome to TIOF. Good to meet you My thoughts on BEL. The demand zone was not great and not fresh. Please see the picture. About the rules, read through the thread, the notes and the charts. Also watch the videos on the sister channel on youtube. https://www.youtube.com/channel/UCBf...ZS7J4oOx3hHl3g It should all come together best wishes{image}
thanx a lot for your detailed replay i got my mistake, Akt you are gem of a person i always wanted some one to help me with rule and for support when i trade i think i got right mentors like you and denden2012,both of you thanx a lot for your time and sharing your knowledge.

My next query is
1)Where exactly above the demand zone we should keep entry as compared to zone size? (any amount of zone % as i trade stock not forex)
2)Where exactly we should keep stop loss compared to zone size
Currently i am using 5% above the demand zone to take entry and 30% below demand zone as stop loss is this correct?
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  • #3,058
  • Mar 23, 2017 4:46am Mar 23, 2017 4:46am
Quoting Denden2012
{quote} This is brilliant Ketts! Screenshot saved. Thank you.
Glad it's of some help.

Now if you want to really be a total statistics nerd you can really go to town on figuring out your own issues + fine tuning. I've always found a massive benefit in asking myself better questions to change the outcome. Catch is you have to know your data (essentially make a personal trade history profile using MT4 detailed report but add additional fields).

Create a spreadsheet, fill this out over a period of time as a master data sheet then use it to make pivot tables from. If you know what you're doing you can enter in all your data and make an absolute beast of a data profile on yourself. The end goal would be for a day trader to know on a weekly or monthly basis the following questions:
1. What is my biggest weakness?
2. How much is it costing me?
3. If I was to fix it what could the outcome be?
4. What's the solution to fix the problem?
5. What will be my control to implement this?
6. Did this change/improve over x period of time?

Example of this that if all the data is there a pivot table can summarise this in a few clicks and you notice patterns very fast.

Summary for Feb on a hypothetical case
1. Biggest weakness was missed trades
2. Total cost +300pips per week
3. Resolution benefit =average pips missed per week/success ratio or however you want to define it
4. Solution is to take trades that are acceptable
5. Control is if a trade meets set and forget, place a limit order for zones applicable
6. I now average an additional +200pips per week

If you use pivot tables it's a matter of maintaining the data entry sheet and clicking refresh on the pivot table.
  • #3,059
  • Mar 23, 2017 12:04pm Mar 23, 2017 12:04pm
Quoting Renaldobenji
Hi Guys, have been following the thread for a while, so sorry been so quiet, AKT, Thank you so much for the effort you put in, Supply and Demand really works, and im learning quite a bit. If you guys dont mind, is the following supply and demand zones drawn correctly {image} {image}
Hello Renaldobenji
Welcome to TIOF
Good to have you

Question:
What pair is the first chart please?

At first glance the zones you drew are correct
Now, entering trades, that is a different matter.
An understanding of your top down analysis would be needed to get a sense of what trade you entered and why

best wishes
Be careful what you think because your thoughts run your life..Solomon
  • #3,060
  • Mar 23, 2017 12:10pm Mar 23, 2017 12:10pm
Quoting Ketts
{quote} Glad it's of some help. Now if you want to really be a total statistics nerd you can really go to town on figuring out your own issues + fine tuning. I've always found a massive benefit in asking myself better questions to change the outcome. Catch is you have to know your data (essentially make a personal trade history profile using MT4 detailed report but add additional fields). Create a spreadsheet, fill this out over a period of time as a master data sheet then use it to make pivot tables from. If you know what you're doing you can enter...
Hello Ketts
Thank you so much for sharing this.

Some thoughts to consider

A slight twist from a psychological perspective...

Shift the focus from weaknesses to strengths

What are my strengths with regards to trading?
How can i leverage my strengths?
How do i use my strengths in balancing out and better still, minimizing my weaknesses?
If i focused on my strengths, what would be the potential outcomes?

You see, an emphasis on weakness can and will ultimately lead to those weaknesses coming to fruition. Why? because there will be a lot of energy, time and emotion devoted to them.

Sometimes it is not possible to directly affect weaknesses. The indirect way is to focus on your strengths.
Magnify those and the weaknesses will ultimately become inconsequential.
Perfection is a myth.

Best wishes
Be careful what you think because your thoughts run your life..Solomon
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