I think there must be a big good news for Eurozone to breakout from VA. I don't pay too much attention on fundamentals but I read some news about US reducing Q.E. Won't it be an appreciation for dollar?

Reverse engineering order flow from naked chart

I know that normal distribution talk but it doesn't convince me much. I think the reason is unfilled orders. Price would go there to grab more liquidities before continuing its direction. Low volume area candles could be merged together as a FVG ...

Reverse engineering order flow from naked chart

If I am on SierraChart, I'll just merge four profiles together because price doesn't go anywhere. You could see 2nd profile fill the imbalance of 1st profile and 4th fill 3rd. ICTers might call this as "fair value gap".

Reverse engineering order flow from naked chart

Thanks for sharing your points. I completely agree with you about defining VA and POC. VA contains 70% volume of the profile. Without volume information, we have no choice but use an area covering most of candles instead. I think that's the reason ...

Reverse engineering order flow from naked chart

I do know what ICTers are doing and "Smart money" methodology, since so many materials are out there. However, that's not the reason why order block works. It's not whales fight or institutional traders sabotage retail traders. Those whales kill ...

Order Block Theory - Institutional Trading Method

I didn't notice that. Thanks. I'll give it a try.

Order Block Theory - Institutional Trading Method

There is nothing to discredit. Nothing is new but different names. When price comes to a demand zone and I use price pattern on lower time-frame to refine my entry, it's the same as what you'll do when you say price comes to an order block and you ...

Order Block Theory - Institutional Trading Method

If you subscribe futures data on tradingview, you could apply volume profile on futures data instead and trade CFD. However, they use HLC to calculate vwap, so its vwap is inaccurate whether using CFD or futures.

Order Block Theory - Institutional Trading Method

Great post. How do you apply volume profile on forex market? Do you use futures volume instead or you trust broker data?

Order Block Theory - Institutional Trading Method

Ha. I can't argue with that. The only true thing is order flow. S/R, S.A.D, OB... it really doesn't matter. They're just ways to grab the idea of order flow.

Order Block Theory - Institutional Trading Method

[quote=NwBoyy;13569533] I am talking from observing order book dynamics. Do stop orders provide liquidity? Most of retail traders' orders won't be sent to the forex market unless you have an access to ECN broker. Still, it's just a peanut compared ...

Order Block Theory - Institutional Trading Method

I find out that order block trading only use engulfing candle within or nearby S/D zones depending on where the impulsive move starts and target wild risk-to-reward ratios by multiple time-frame analysis. It's easy to get stopped out but the return ...

Order Block Theory - Institutional Trading Method

I couldn't really see the difference between S/D and order block trading. Order block is a candle before an impulsive move. Market orders come in and drive price higher to seek liquidity. Where is the liquidity? S/D... What is liquidity? Limit ...

Order Block Theory - Institutional Trading Method

I am considering this firm. How is your experience you've had so far?

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