thread: Order Flow - Achieving the mindset

66950Volume will be mild and liquidity will probably be lean approaching NFP.
I believe there are more players caught short that will insure before
that the week-end, than LONGs who will take profits ahead of the week-end.

EUR/USD breaks over 1.4000 with stop-run peaking around 1.4030,
by London near it evolves around 1.3980, at US market close right below 1.4000.

. . .but I am an amateur.

(sorry. . .it seems like this Ought to Be in the EUR/USD thread, someone brighter than me
translate this into order flow jargon)

66950

EDIT: That is of course, assuming they still have GBP to innovate. That will be sufficient to show me that it's a done deal if it drops much below this level.

Looks like the true Money Flows avoided transacting yesterday due to this ECB Press Conference which I think would have impacted market liquidity due to it's value. It seems like they were back on the ball buying GBP. I'm guesstimating but there could be some left over to transact in the week, since I doubt that they will continue later today due to NFP coming up, which would influence the liquidity situation.

(Edit: By what I can see, it looks like the amounts are just about transacted; I'm no longer anticipating those flows into next week)

I'm hoping that I'm not starting a fad that would turn this thread into one centered on calls. . I only tried to determine if I could implement an order flow based trade from start-finish. I really don't think that is the way and in hindsight it may have been erroneous of me to perform, so I will put away the trade anticipations for today. .

Hoping we can get more discussion going,

Regards,

66950Inserted Video

66950Here's an interesting article describing what's going from the ECB and inflation and the issues of the euro one monetary policy suits all.

For the last 5 days in IMHO that is what has been creating order flow to the euro.

http://www.telegraph.co.uk/finance/c...the-teeth.html

66950Hey Guys I wish I could have posted this pre trade.

Pair: USDCAD

Past Mentality: Macd MA Cross.

Order Flow Mentality: CMHC Release is forecast to be good for your CAD and as it is a major indior should move the market at least 20-30 pips.

Previous Stop Mentality: Past Swing High

Order Flow Stop: Well above swing high out of reach of stop hunters.

Now for your news skeptics: Input pre news using a thin spread. Exit post news when spread narrows.

Mr Grkfx is this what exactly were looking for?

66950

Hey Guys I wish I might have posted this preexisting trade.

Pair: USDCAD

Previous Mentality: Macd MA Cross.

Order Flow Mentality: CMHC Release is forecast to be good for the CAD and since it's a major indior should proceed the market by at least 20-30 pips.

Previous Stop Mentality: Previous Swing High

Order Flow Stop: Well above swing top out of reach of stop hunters.

Now for the news skeptics: Enter preexisting news using a narrow spread. Exit post news when spread narrows again.

Mr Grkfx is that what were searching for?

What is the CMHC Release?

Aside from that, I mean everyone trades order flow otherwise. I can't and do not ch every move. I'm not aware of every type of order flow trade/inefficiency that exists.

Order flow stop well above the swing top out of reach of stop hunters, is nice and all, only note that it increases your stop size, and could possibly reduce your reward risk ratio. So to tweak it, you may either locate or make sure the transaction can make more pips. Or you can choose not to tweak it all, theres a different chance.

Everyone progresses at their own speed, and using their very own unique trade development. If you threw away the MA crossovers, I would say you're about the better path. Although order flow trading requires a lot of work and tweaking, both on your mindset, your own plogy along with the machine. I would spend 10,000 hours figuring out how order flow materials and what can actually move the price rather than spending time finding the specialized indiors that will never supply an edge.

66950Inserted Video

66950CMHC is the Canadian mortgage home company.

The reason why I looked in the commerce was because it was classed as a market moving economic release.

To be exact:
Annualized number of new residential buildings which started construction during the prior month

Its prediction was in my opinion going to be great for the CAD therefore I was looking to short the USDCAD. It was fine to see the release produced a bearish outside pub on the hourly chart for the pa traders, as for the order flow traders that the move was already over and we had already exited our positions. Just goes to prove that pa is lagging.

Now heres one of the reasons I started looking at that type of trade.

Https://www.cliqforex.com/bitcoin-cr...hartsuite.html

Sorry Grkfx I was doing my detective work.

Good Luck,

James.

66950

CMHC is your Canadian mortgage housing company.

The reason I looked in the commerce was since it was classed as a market shifting economic launch.

To be exact:
Annualized variety of new residential buildings that started construction during the previous month

Its forecast was in my opinion going to be good for the CAD so I was looking to short the USDCAD. It was fine to learn the way the launch produced a bearish outside pub on the hourly chart for its pa traders, when it comes to order flow traders the transfer was already over and...

Oh I see. Just say CAD Housing Starts next occasion, I got confused

Yeah, thats intriguing and good detective work. Great to see you understood the price action was lagging. Individuals believe price action is not lagging and is better than specialized indiors. Well thats price action is better than indiors. But order flow is the king. Order Flow gt; Price Action gt; Technical Indiors.

Although I wouldn't necessarily depend on the forum'Impact' colour to gauge whether it will be market shifting. It does a good job of giving you a view of this calendar news releases. I can show examples of where the effect color was on goal, but other examples. You can get into deeper and much more detailed and more profitable analysis.

66950

Order Flow gt; Price Action gt; Technical Indiors.

Got any homework for us Grk?