(binned per thread starter's request) Market bottom rotation trad | Page 283 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading using average rotation of swings (ARS)? 21 replies

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: (binned per thread starter's request) Market bottom rotation trad
Exit Attachments

(binned per thread starter's request) Market bottom rotation trad

  • #5,641
  • Sep 5, 2018 8:45pm Sep 5, 2018 8:45pm
Quoting charvo
seems a waterfall, if broken w momentum or shelf {image}
turned out to be the main play of my today
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-m15-go-markets-pty.png Size: 52 KB
  • #5,642
  • Sep 5, 2018 9:04pm Sep 5, 2018 9:04pm
Quoting janpec1000
Both examples above are study examples pointing with two large variables to why upward push was likely. A study of price action from that point can reveal heads on in certain cases.
Hey, Jan, still running strong

i'm still testing your method day and night, and the more i try, the deeper i find. thanks again!

however, i have a feeling that condensity and symmetry are better off taken together as one thing. i can't find a word, so i call it geometry shape, because it doesn't look random or messy, and it looks very man-made, artificial, and controlled......

this 'geometry shape' you post thousands of charts to show, as the smart money accumulating/distributing
and the momentum to signal the entry,
the two variables,
hope i'm not too off......

hope my understanding is right as the charts show.
Attached Image (click to enlarge)
Click to Enlarge Name: Pullback Leg Roation - 54 two predicting vars - 4m.png Size: 297 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Pullback Leg Roation - 54 two predicting vars - 2m.png Size: 290 KB
  • #5,643
  • Sep 6, 2018 2:39am Sep 6, 2018 2:39am
Bit of a strange structure...saw the rounding pattern...and took a couple of pips. EUR AUD. Maybe not really with the rules
Attached Image (click to enlarge)
Click to Enlarge Name: ea.PNG Size: 32 KB
  • #5,644
  • Sep 6, 2018 4:35am Sep 6, 2018 4:35am
Quoting Forexmeoff
Bit of a strange structure...saw the rounding pattern...and took a couple of pips. EUR AUD. Maybe not really with the rules {image}
Its okay structure, if you spread that structure on lower TF into more candles it makes more sense. But aligned with rules if you cant go to lower TF and you only have such a small structure on M1 its best to skip it.
  • #5,645
  • Sep 6, 2018 4:43am Sep 6, 2018 4:43am
Quoting charvo
{quote} Hey, Jan, still running strong i'm still testing your method day and night, and the more i try, the deeper i find. thanks again! however, i have a feeling that condensity and symmetry are better off taken together as one thing. i can't find a word, so i call it geometry shape, because it doesn't look random or messy, and it looks very man-made, artificial, and controlled...... this 'geometry shape' you post thousands of charts to show, as the smart money accumulating/distributing and the momentum to signal the entry, the two variables,...
Hey, yep all good observations. CRON was defenetly better one. Pullback leg rotation after impulse is a basic accumulation setup, not all those setups have geometric symmetry to them, actually most dont, the setup on CRON was symmetric but in most cases the lows are distributed un-evenly with LLs rather than on equal shelf like in this example. In either case its about observing the behaviour and finding symmetry within behaviour rather than "mathematical" symmetry.

Sometimes it makes a huge help to zoom out and find sense from macro view. CRON is a very hot stock in last several days, so finding a buyers on that one has got better chance than randomly seeking on other assets. But yes, that strong pop candle on M1 that clears the highs was one of main entry reasons on that setup. Most of winning setups have that obvious pop on very strong candle no matter if its supply takeout or a pullback leg.

There was one even better setup yesterday but i forgot the name on which asset it was, it very nicely highlighted obvious behaviour change, and it baked strong move afterwards. I might post it if i find it.

I missed macro setup of Weekly on CRON, but the momentum is still hot from it thus likely to impact low TF setups.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz1.jpg Size: 154 KB
  • #5,646
  • Sep 6, 2018 6:39am Sep 6, 2018 6:39am
Observing price behaviour at or into key price area is key component to really any order flow rotation setup. Often a setup might look decent, but what really bakes the most good winning setups is when price really shows clear strenght on behaviour where key order flow area is and initiates strong move into that level, or of / from that level. Whole point of those setups is to figure out where either market liquidation is taking place ,or where large players have just initiated orders to jump in.

Example some minutes ago EURUSD. The setup overall was so so, it didnt had very symmetrical supply, thus i didnt plan to enter , but i still kept it under observation. What did bake an entry was just minutes later as price rejected highest point of supply and it quickly rotated in pinbar within seconds and pushed into supply and then poping supply with momentum candle. While i was too slow to jump in, the whole point is to show on example how price has behaved and confirmed that setup was valid even though that symmetry was a bit off.
Later on price also bounces from liquidity gap area, confirming this price level as key order flow point.

Each setup presented on thread has specfic key order flow level that trader needs to put focus on. For supply takeout its a supply line and the highest point of supply, for pullback leg rotation that is last printed high and its supply. What price does around those two levels is the most important, if it swipes trough without any resistance its usually a good sign for continuation.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz2.jpg Size: 140 KB
  • #5,647
  • Sep 6, 2018 6:42am Sep 6, 2018 6:42am
A quality play of pullback leg rotation on gold, missed this one.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz3.jpg Size: 144 KB
  • #5,648
  • Sep 6, 2018 6:44am Sep 6, 2018 6:44am
BTC lets see if we get another wall drop. So far consistent behaviour and weakness on bullish side.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz5.jpg Size: 120 KB
  • #5,649
  • Sep 6, 2018 6:59am Sep 6, 2018 6:59am
Quoting janpec1000
Observing price behaviour at or into key price area is key component to really any order flow rotation setup. Often a setup might look decent, but what really bakes the most good winning setups is when price really shows clear strenght on behaviour where key order flow area is and initiates strong move into that level, or of / from that level. Whole point of those setups is to figure out where either market liquidation is taking place ,or where large players have just initiated orders to jump in. Example some minutes ago EURUSD. The setup overall...
EURUSD took a long on pullback leg.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz8.jpg Size: 174 KB
  • #5,650
  • Sep 6, 2018 8:04am Sep 6, 2018 8:04am
GBPAUD.
  • #5,651
  • Sep 6, 2018 8:26am Sep 6, 2018 8:26am
worth watching for the momentum, or the shelf........
Attached Image (click to enlarge)
Click to Enlarge Name: audcad-h1-fxpro-financial-services.png Size: 51 KB
  • #5,652
  • Sep 6, 2018 8:50am Sep 6, 2018 8:50am
AUDCAD potential considertation will see if it pushes strongly upwards again, otherwise a pass.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz9999.jpg Size: 127 KB
  • #5,653
  • Sep 6, 2018 8:51am Sep 6, 2018 8:51am
Quoting charvo
worth watching for the momentum, or the shelf........ {image}
M5 micro is aligning with that view, lets see if it bakes. But overall B quality play.
  • #5,654
  • Sep 6, 2018 8:54am Sep 6, 2018 8:54am
ABAC short squeeze. Missed short on the top near 3ish, but still has some juice in it. Will see if shares are avalible to short .Larger SL on this one, 1:1 RR trade if anything. Target 1,70...where it came from. 90% probability play.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz88888888888.jpg Size: 126 KB
  • #5,655
  • Sep 6, 2018 9:15am Sep 6, 2018 9:15am
CBS high priority play, tracking this one closely. Clean momentum and clean behaviour in structure in terms of progression. All 5 bull legs inside structure have been baked on pop momentum moves which is a good sign that a healthy accumulation is taking place.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz666666666.jpg Size: 128 KB
  • #5,656
  • Sep 6, 2018 9:35am Sep 6, 2018 9:35am
Quoting janpec1000
CBS high priority play, tracking this one closely. Clean momentum and clean behaviour in structure in terms of progression. All 5 bull legs inside structure have been baked on pop momentum moves which is a good sign that a healthy accumulation is taking place. {image}
CBS long sold for 2 R gain. Perfectly set up play with some micro insights. Most A quality plays have by default 0 DD once the key order flow area is taken.
Perfect study example for those learning on thread, as it combines many different factors that baked this one as A quality play.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz5555.jpg Size: 143 KB
  • #5,657
  • Sep 6, 2018 9:35am Sep 6, 2018 9:35am
Quoting janpec1000
AUDCAD potential considertation will see if it pushes strongly upwards again, otherwise a pass. {image}
AUDCAD covered for 1 R.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz4444.jpg Size: 134 KB
  • #5,658
  • Sep 6, 2018 9:44am Sep 6, 2018 9:44am
Quoting janpec1000
ABAC short squeeze. Missed short on the top near 3ish, but still has some juice in it. Will see if shares are avalible to short .Larger SL on this one, 1:1 RR trade if anything. Target 1,70...where it came from. 90% probability play. {image}
ABAC tracking current structure, usually those plays develop demand failure somewhere in first 3-4 hours of market open.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz33333333333.jpg Size: 120 KB
  • #5,659
  • Sep 6, 2018 10:58am Sep 6, 2018 10:58am
Quoting janpec1000
{quote} ABAC tracking current structure, usually those plays develop demand failure somewhere in first 3-4 hours of market open. {image}
ABAC demand faded as expected.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_zz222.jpg Size: 123 KB
  • #5,660
  • Sep 6, 2018 11:00am Sep 6, 2018 11:00am
USDJPY on watch.
18 traders viewing now