Trading Institutional Order Flow

EURJPY short....H4/H1

Stay disciplined and trade well..Prepare mentally for next day's trading session. Day by day grow your trading confidence with discipline.

Thanks a lot for your encouragement sir. All credit to you and the other members too. I learnt from you and my charts are getting cleaner and simple since then.

Hey Bleeze your killing it man well done !





We have one life make the most of it !

Hello Everyone,

USDCHF

Here is my top down analysis...W1-D1-H4

Looks like price is heading to a supply zone which responsible for the daily momentum TL breakout earlier.
Any comment or correction for my marking on the chart?

Thanks in advance.

Ah Bleeze, you show off !!

Keep it up !!

Yep.
He is showing off the hours of training and study Pippit.
That brother working hard
He is learning the lessons and applying them.

Bleeze as Pippit said, keep it up bro. Very proud of how far you have come.

Best wishes

Hello Skadir.
Thank you for sharing your idea
I agree with your view as well.
I am not that keen on the structure of the SZs inside the weekly though, are so i will be using another entry strategy to enter.
By the way, the DZ on the weekly is incorrectly drawn. The wicks also represent traders so include it.
When you do in this case, you will see it is a very big one.
Quality demand is lower. See if you can find it please

best wishes

Hi AKT,

Thanks for your comment.
1. I have re drew the weekly zone, I found the quality DZ lower, I hope it is correct.
2. I also draw higher SZ, the candle I chose for earlier SZ was the candle which reject the SZ above it. I hope the new SZ in chart attached is correct.
3. No changes with the daily momentum TL. The down move that break the daily momentum TL forming a "Drop - Base - Drop" (Daily)
4. As a potential entry point at H4, I see the "Base" created in daily is the most suitable location to look for entry.

Hello sir Akt, good evening from Burma. Some questions arise from entry strategy here.

- In which circumstances that we use different entry strategies?

- Is it always necessary to wait for confirmation pattern at every zone? For a big and strong zone, just set-and-forget?

- Is there any other entry strategy in this Supply and Demand methodology?

I hope I am not asking something that has been answered.

All traders' replies are welcomed and much appreciated.

Thanks
Thiha

Hello all!

I am swooping back in out of the shadows to offer the results of my 4-5 month study of EURUSD, the results of my 3 months of demo trading it in Q1 2017, and some conclusions I drew after reviewing all of my trades. I am writing this in hopes that my views, discoveries and processes might assist others on the thread.

So,let me begin.

I decided in November to trade forex, and quickly decided that because of my schedule I would only trade one currency. It didn't take too long to zero in on EURUSD and discover that SD methods work very well with it. After analyzing the chart on different time frames I decided that D1 and H4 worked the best to me.

I started demo trading in EURUSD in January, and my setups had the the following criteria:

1) The first return to a fresh supply or demand zone that:

a) removed an opposing zone

and/or

b) broke an opposing trendline by closing above/below

and/or

c) "JUST WAS" a valid zone based on my unquantifiable judgement after having spent thousands of hours poring over charts (this happens rarely though).

2) The width of the zone must be greater than 22.5 pips (to support my own personal risk percentage parameters).

I traded with a 1 RISK : 1 REWARD ratio.

Here are the results......

January:

Got off to a good start to the quarter.

Trades: 11
Won - Lost: 9 - 2
Cumulative Reward: 7R
Profit %: 120.99%

February:

This was the losing month I had been waiting for and was relieved to have found (When I back tested all of 2016 there had been no losing months).

Trades: 6
Won - Lost: 2 - 4
Cumulative Reward: -2R
Profit %: -25.81%

March:

Even though I was sort of relieved to discover a losing month, I was obviously happy that March got right back to the winning ways.

Trades: 10
Won - Lost: 9 - 1
Cumulative Reward: 8R
Profit %: 152.56%

So the totals for the first quarter were:

Trades: 27
Won - Lost: 20 - 7
Cumulative Reward: 13R
Profit %: 314.07%

That was a pretty great result, but after closing out the quarter I decided to dissect every single trade and see if I could spot some patterns or problems with my trades. I also wanted to see if I was leaving to much money on the table. Could there be more useful criteria I could add to my trade setups? In the end I found 2 things. I ended up "replaying" the quarter with the following 2 criteria added to a valid trade setup:

3) Any opposing and unbroken zones ( D1 or H4 charts) must be greater than 1R away from the proximal line of my zone.
4) If the closest opposing and unbroken zone is greater than 2R away from the proximal line, then my Profit target will be 2R rather than 1R.

This had quite a wonderful effect on matters.

January:
Trades: 9
Won - Lost: 8 - 1
Cumulative Reward: 11R
Profit %: 242.18%

February:
Trades: 8 (more trades here since avoiding certain trades left me able to take other trades)
Won - Lost: 6 - 2
Cumulative Reward: 6R
Profit %: 91.62%

March:
Trades: 6
Won - Lost: 6 - 0
Cumulative Reward: 8R
Profit %: 150.28%

Quarter:
Trades: 23
Won - Lost: 20 - 3
Cumulative Reward: 25R
Profit %: 1541.04%

I'm not million percent sure why I shared all of this, other than I'm excited by these results even before analyzing the data and adding the other criteria, but hopefully it will inspire others to study, record and analyze. There are tremendous things waiting for all of of us if we put in the work.

Now, Time to get my funds together and start trading real money!

What are everyone's thoughts?

Have a great day!

gravyboatbob,

Thanks for sharing your First Quarter results, i have some thoughts on your post and you might want to gloss over.
1) the first ting that jumped out to me was you took 11 trade (9-2) and you made 120%. i need to ask how much are you risking per trade? it seems like you are risking 10% per trade which is a crazy amount and you are asking yourself to get cleaned. any hedge fund making 30-60% for the Year is declared very good. it seems to me that your risk is bananas.

2) With a very impressive quarter of 20-3 trading 1:1 of 1541% i would be interested in seeing your trade setups and the reasoning behind it.

congratulation on the great quarter you had and i to read your trades and reasoning soon.


Best Regards: Trade on!.....

thank you sir,
i will keep grinding

this is not to show off buddy....
i learnt a lot from charts that were posted by other members of this thread..
i post this so that someone can learn and to show that this is possible, you just have to follow the process

Only joking man, i like to see positive result ,
makes the journey more fun for us SAD traders.( really mean happy traders, I've to talk to Akt about that).
Keep up the good work!

Thanks for the reply Ozzy!

Yeah, the risks would be considered large by some, but if the past and continuing results support that risk, why wouldn't I take that risk? Why limit myself? I suppose that the reason 30-60% is considered good, and IS GOOD, is that at a certain point, growth doesn't scale in the same way. But I'm no where within 6 galaxies of that scenario yet. I'm all but broke. When I start it will be with something like 100 USD lol. I NEED stratospheric growth. I believe that I have found that with SD trading, and I plan on riding it to 8 figures a year. When I have failed at this before, it was because I limited myself by not accepting the GAINS. I always took my losses like a champ, but got skittish when my trades were going well. The past three months have shown my that I can look into the face of my losses and smile, and that I can look into the face of my partial gains and wait. Losses WILL happen. More gains will happen, though. I'm not limiting myself any longer.

As for my setups, perhaps I will start posting my daily thoughts on EURUSD and lay it on the line ahead of time for the group.

Thanks and good luck!

best wishes

Hello GravyBoatBob

Thank you so much for sharing your testing. Much appreciated.

It reminded me of the fundamental truths i speak about with my guys, the truths spoken of in the late Mark Douglas work, trading in the zone

1. Anything can happen
2. I don't need to know what is going to happen for me to make money
3. There is a random distribution between wins and losses
4. Every moment in the markets is unique

There is a 5th one...... Let's see if some one can remind us

I bring it up reading your conversation with Ozzyman85.

I remember conversations we have had in our group about the dark side of back-tested results.
We have all done it, come up with a system or get a system from someone, back-tested it, found great results and then went to the markets thinking we will do well and then, Boom!! the system doesn't work

The usual reasons are many

One of the many i would point out is that back-testing assumes that the exact same market conditions that existed back in time, including the number of traders in the market at that time, the sizes traded, the traders sitting on the side lines, yet to enter the market, all the economic factors back then, etc are exactly the same as now when the trader is applying the back-tested methodology

Now we all know that it is highly unlikely if not impossible and improbable for all those factors to be the same, at this present time.

So, i would please urge you to bear this in mind as you go live. Imbibe the fundamental truths.

Focus on your process which i see you are well on the way of developing and stick with that.

Traders need not be invested in outcomes, they are out of our realm of control
We are invested in process, what is within our sphere of influence and control.

I wish you all the best. Keep going, don't stop.

best wishes

Hey guys,

It's been a little while. Just wanted to share a trade that worked almost perfectly this week with the AUD news looming SAD proved its strength.

AUDUSD Short D/4h



Just stayed with the plan, ignored the noise.

Alex

Hello Akt and fellow traders,

The fifth one is,

5. An edge is nothing more than an indication of a higher probability of one thing happening over another

Thanks