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Disliked{quote} Hey Stevepatt...you have an extremely good grasp of the order flow and are interpreting price action from that flow of orders. I would venture to say that all you have left to do now is devise an entry and exit strategy to exploit your observations and run some numbers on your performance. "Seeing" it in the static charts allow you to anticipate it on the right hand edge. All you need to do is find out how YOU relate to that and that will help you devise your strategy. Well done friend!!Ignored
DislikedHi gspajon; Thanks for your feed back. Finding a consistant entry and exit strategy is the hard part I think it's going to be a work in progress. I find by writing up these charts, like I've been doing, helps my thought process. My Long entry on AUD/USD D1 might be a little early but sooner or later the Sellers will Liquidate.Ignored
Disliked{quote} Oddly enough I just entered a short position using an intraday time frame, with another pending sell order just above. I certainly understand why you might be looking for buyers to come in...but so far (on your daily chart)...the best they've been able to do is balance the market for the last few days... However on the intraday view, the sellers have become dominant again, and are now showing signs that they may stop out the buyers just below...if that happens I expect another "whoosh" lower...however if that does NOT happen, I would anticipate...Ignored
DislikedHi gspajon; I can see I might have jumped the gun on this Long entry. Can you take a look at the chart below were you looking to Sell where I've indicated on the chart thanks for your help.Ignored
Disliked{quote} Hello Raffae you are thinking along the right lines...in that you are trying to visualize who is transacting, (buyers or sellers), and seeing the result of their orders. try to keep in mind that the order flow is the same across ALL time frames. The only difference is how the candles are divided (in time) and how much history you show to the left. Note yesterdays ranging candle (doji) indicating a balance zone on a smaller time frame. The on your 4 hr chart you can see what that looked like. Obviously the buyers have become dominant again......Ignored
Dislikedthanks lock at this point where sellers come in again, balance the imbalanced flow (rember that the buyers come in and take the control on the tf lower, as see in my previously post) and re-take the control : sorry for my englishIgnored
Disliked{quote} You are seeing it very well Rafae I believe you will soon be able to find places where you can take effective action...entries, exits, and stops...I congratulate you on learning this way...it is the most difficult way to do it. Looking at someone's posts and then trying to "divine" what they are thinking is very difficult, but I think you have done this...well done sir!Ignored
Disliked{quote} Steve....(may I call you "Steve"?) On you chart where you ask if I was looking to short...I was, but I missed it as I was away from the computer for those two days...but there were two days of opportunity to position there...one of my students grabbed it though. Here at the bottom it is anyone's guess which way the market will go...I see the buyers and the sellers battling for dominance, thus the balance zone. As I write, my position has turned negative and fired both entries. So a long is NOT out of the question...I realized that my entry...Ignored
DislikedHere's an example on Dow Jones futures contract: {image} Candlestick are replaced by candles which display Martker orders. At the bottom of the chart you can see the difference between buying market orders and selling market orders within each candle. About the three candles I have highlited. You can see some very negative deltas. Sellers were more agressive than buyers BUT why price didn't move down? BECAUSE there were buying limit orders to absorb those orders. When you see that kind of pattern you want to get long as you understand that large...Ignored