Skip to main content

LIVE: Trading The JPY Futures With Order Flow

 



This video was a live one, so I just jumped straight into trade commentary without any explanation. Here is a little summary of the trade to make things clearer:

  1. I used Volume Profile and VWAP to identify a strong Resistance on JPY Futures. The setups I used to identify this Resistance were: Volume Profile – Accumulation Setup, and VWAP – Rotation Setup.
  2. I published this level over an hour in advance to members of my Trading Courses.
  3. When the price reached this Resistance I used Order Flow for trade confirmation. What the Order Flow showed me first was a divergence between Price and Delta. This was enough for me to enter the trade.
  4. Then there was a second confirmation – a huge Limit order appeared exactly at the Resistance. This told me, that somebody BIG just entered a trade there.
  5. After that, the Delta continued to drop, and this time the price followed. After just a couple of minutes, I took my Profit, which was set to 10 pips.

NOTE – I did the Order Flow commentary on Futures, but I was trading this on Forex.

Further Order Flow Education

You can learn more about my Order Flow Strategies in this article:

Beginners Guide To Order Flow PART 3: Trading Strategies

Or, if you are really serious about Order Flow trading, then the right thing for you is my Complete Order Flow Course.

I hope you guys liked my video, let me know what you think in the comments below!

Happy Trading,

-Dale

Comments

Post a Comment

Popular posts from this blog

Beginners Guide to Order Flow PART 1: What Is Order Flow?

DEFINITION: Order Flow is an advanced charting software which enables you to read all trading orders that are processed in the market. It helps to track the BIG financial institutions through the trades they make. Most people get confused when they open up a chart with Order Flow for the first time. There is no shame in that. Order Flow shows so many information and it is easy to get overwhelmed and confused if you don’t know what to look for! This Beginners Guide will teach you how to understand how Order Flow works and how you can use it in your trading! In this 1st part of the Order Flow Guide I will show you around the Order Flow interface. Footprints The Order Flow does not show standard candles, but it shows FOOTPRINTS . A footprint shows not only Open, High, Low, Close (as standard candles) but it also shows orders traded in that candle. Orders can be...
Post a Comment
Read more

How To Trade The Point Of Control (POC)

DEFINITION: Point Of Control (= POC) is a price level at which the heaviest volumes were traded. The most important thing that the Volume Profile indicator shows is the POC. I dare say that if you used Volume Profile only for the purpose of identifying the POC, you would be a way better and trader then 99% of the retail traders. No matter what trading strategy you trade. Why do I say this? Why is POC so important? Point Of Control is so important because it shows the place where the most trading took place – where the biggest trading positions were accumulated. POC shows the BIG guys! Who accumulates those huge trading positions? The BIG guys – that’s the big financial institutions like hedge funds, pension funds, huge banks, etc… It is those BIG guys who move and manipulate the markets. It would be a huge advantage to know where they placed most of their positions, right? The good news is th...
Post a Comment
Read more

NZD/CHF – How To Trade The “b-Shaped” Profile

Today’s intraday analysis will be on  NZD/CHF  and I will start by talking about the structure of the  Weekly Volume Profile . Weekly Volume Profile structure In the previous week, there was a  “b – shaped” Volume Profile histogram formed. b – shaped histogram means that the shape of the histogram  looks like the letter “b”. It says that the market sees the value at the bottom half of the profile while rejecting the upper half. If you look at the picture below, you can see that there was a  rotation  (Monday, Tuesday), then strong  buying activity  (Wednesday), and then an immediate  rejection and a sell-off  (Thursday). Then again a  rotation  on Friday. One of the most important things to notice in a b – shaped profile is a  volume cluster created in the rejection area. In this case, there were two of them. Such a  volume cluster  indicates a place where the  sellers were...
Post a Comment
Read more