I saw the sentiment was heavily long and getting heavier when price was below the red line so I put sell orders in at the red line and got filled there. That's where understanding market structure and how price typically behaves comes in. Did price ...

Stop Hunting using Sentiment and Market Structure

I appreciate your comments, but I am not trying to teach how to trade "support or resistance." Even trading value areas would need some sort of understanding of how price moves. If you were what I'd prefer to call a value area trader - from one ...

Stop Hunting using Sentiment and Market Structure

Is the liquidity area support or resistance? If we call it support, then we are choosing the top arrow. If we are calling it resistance, we think sellers will sell there. But the bottom line is we do not know at this time and for this trade it does ...

Stop Hunting using Sentiment and Market Structure

Where are traders trapped? Where is the pain? Where are their stops?

Stop Hunting using Sentiment and Market Structure

There is no contradiction. I said the traditional concept of support and resistance is a lie. Using the concept of Support and Resistance can be futile because when someone says "Support" they are assuming that price will hold because there are a ...

Stop Hunting using Sentiment and Market Structure

As I was posting the previous post, there was a spike up in EURUSD. This pair has SLOWLY been moving to target and to continue to take out stops below, retail had to be cleared out first to create a double selling pressure. This is why I usually ...

Stop Hunting using Sentiment and Market Structure

Good Morning Traders, Stops are in sight, if you took the trade it's good practice to take some off the table at the base of structure or move stops to break even. Either way you should have bagged a few pips.

Stop Hunting using Sentiment and Market Structure

That is correct, yes retail cannot move the currency market - but retail is a great liquidity provider.

Stop Hunting using Sentiment and Market Structure

Keep in mind, trading is always about probabilities, never certainty. We are in the risk and probability business. What is LIKELY to happen?? Absent NEWS that could drive price in either direction, what is more likely to play out here? Retail is ...

Stop Hunting using Sentiment and Market Structure

Correct, here is the current situation with likely stops for both longs and shorts marked. The thing to consider is, if retail is becoming heavily LONG and you are a MM (Market Maker), and you wanted to take their stops, where would you push price ...

Stop Hunting using Sentiment and Market Structure

Current EURUSD price chart. Where are the stops?

Stop Hunting using Sentiment and Market Structure

Current Retail Positioning, Retail is currently piling in long EURUSD

Stop Hunting using Sentiment and Market Structure

One loophole that I've used for years to with Oanda is placing each order in 00001 unit increments since they allow orders that small. Say you want to take 3 positions at 3 different zones for 10k units each. I would place one at 10000, next at ...

OANDA Discussion

Start very small and gain lots of experience and screen time. I am a firm believer of putting some skin in the game vs trading demo. You will never experience the emotions of trading on demo, you have to put money on the line even if it is only 0.01 ...

New to forex Tips and Advice

You also need to consider change over time and how fast retail is piling in, not just current positioning. In Futures for instance you can trade the ladders and see buying and selling pressure. In FX we do not have that luxury, but tracking retail ...

Looking for client sentiment indicator

Yes, I use sentiment as a component for determining directional bias. Many brokers have released retail client statistics showing that the vast majority of retail lose money trading fx.

Looking for client sentiment indicator