I was going to suggest this with regards to strength. Another idea would be to run it on two highly negatively correlated pairs. Thereby if one pair starts to trend then the other will act as a hedge. image The other pair to trade on would be ...

Lets try to improve my profitable Grid Correction EA

Just a small reaction at that level. Pension funds are still bullish

EURUSD only

watch 2278-2282

EURUSD only

Large Specs target is 1.22500-1.22550

EURUSD only

This is what we call the safe trade. Its a very high probability trade setup. This is what you should look for. Seems OP is making this unnecessarily complicated. Price creating a pivot point and forming a balance area. As price trades back and ...

Locked-in Range Analysis (LRA)

Post a chart and tell me where you think you would find liquidity?

vsa with Malcolm

It will pick up any instrument in your futures data feed. Think they offer some Equities now too. Its no good for bonds as the liquidity is so thick. Good on GC and ES. Its nice to have but you dont really need it. I know a few institutional traders ...

vsa with Malcolm

Away from volume towards liquidity

vsa with Malcolm

This is a program called Bookmap it shows the limit order book. The white lines are resting Limit Orders ie Liquidity. The thicker the white lines the heavier the liquidity. Liquidity acts like a magnet for price. See how they add in liquidity below ...

vsa with Malcolm

Just to go back to this auction market process... If a seller comes in and see that 10 buyers stick up their hands to buy it, they are not going to sell at that price, he will pull the price away until there is just one buyer left or he starts to ...

Hey...what about Volume?

Good example on CL yesterday. Price making lower lows everyone thinking that the market is going to go lower. However two clues show that this is actually a long accumulation. One is a slow grind down and two the deltas are positive. The MMs have ...

Hey...what about Volume?

sure can you be more specific, not sure exactly what you want an example of

Hey...what about Volume?

What HiddenGap has described here is how a normal auction market would work. However in our markets we have the market maker who has to take the other side of the trade as they are paid to provide liquidity and quote the bid / offer spread so there ...

Hey...what about Volume?

Volume analysis is most probably the only useful thing I have learnt on this forum however this is the last step in the process of placing a trade. If volume / orderflow analysis was the only piece of the puzzle I would be able to write an algorithm ...

Hey...what about Volume?

Yes MMs will try to take it there on expirey. Not sure where you get 2000 for the max pain though? image

EURUSD

For anyone wondering why EUR turned over in the middle of nowhere at 1.1946 the futures ran into 1.2000 level. There was a significant options call barrier at that price allowing the gamma scalpers to take shorts onto their books, hence the sell ...

EURUSD only

For anyone wondering why EUR turned over in the middle of nowhere at 1.1946 the futures ran into 1.2000 level. There was a significant options call barrier at that price allowing the gamma scalpers to take shorts onto their books, hence the sell ...

EURUSD

Volume is a very useful tool to analyse the market however it does lead to false signals otherwise everyone would just trade purely off it. Volume used in conjunction with Delta is far more powerful. Volume used in conjunction with delta and a value ...

Hey...what about Volume?

Look for the volume surge around 4pm LDN time. This is the desk close of the London desks and traders will be taking profits. If the currency has made a significant move up and is at a top edge it will be a good place to go short. Here the EUR was ...

vsa with Malcolm