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

Bitcoin is Dropping Hard! Here’s Where Smart Money Will Buy Again

Video Transcript: Hello everyone, it’s Dale here. In today’s video, I’d like to talk about Bitcoin. The reason is that Bitcoin has been dropping like crazy, and a lot of traders are wondering where Bitcoin will go and what to expect. If I look at the chart and use Volume Profile, I would say that it’s pretty straightforward because Volume Profile very clearly shows the strongest support and resistance levels. So, let’s take a look at the chart, and let me show you. What you see before you is the daily chart of Bitcoin. This is the big picture, and as you can see, from the all-time high here, Bitcoin experienced quite a significant sell-off and is currently dropping. Right now, I don’t really see any strong support that would stand in the way of this strong sell-off. Let me use Volume Profile and show you what could actually stop the sell-off of Bitcoin. All right, so what I’m going to do is apply Volume Profile over this whole area to see the volume distribution. As you can see, there ...
Post a Comment
Read more

Quick In & Out Trade on USD/JPY – Smart Money Concepts & Volume Profile

Video Transcript: Hello everyone, it’s Dale here. Welcome to the next video of the new series, where I’ll talk about my recent trades. Today’s trade is on the  USD/JPY . It was a very quick in-and-out trade, so let’s check it out. What you see before you is the 30-minute chart of the  USD/JPY , and the level I was trading from was this short level at  149.63 . The reasoning behind this level—let me zoom in a little so you can see this better—was the volumes that formed here. From this place, there was a sharp sell-off. Even though the volumes do not particularly stand out, what’s important is that from this zone, there was a strong sell-off. There was also a  Fair Value Gap . My software highlights that, but when the gap is filled, it’s not highlighted anymore. If I mark it for you, this was the Fair Value Gap, which is a setup from Smart Money Concepts. I like to trade from the beginning of the Fair Value Gap, which is here. This is also the beginning of a heavy vol...
Post a Comment
Read more

ORDER FLOW: How to Trade the Absorption Setup (Trade Entry Confirmation)

Video Transcript: Hello everyone, and in this video, I’d like to talk about order flow and one of my favorite confirmation setups in order flow. The confirmation setup is called the absorption, and I’ll show you an example of a trade I made a couple of days ago. I think this is the perfect example of how you can use the absorption setup to confirm your trade entry. So, let’s take a look at it. First, let me start by showing you the level I wanted to trade, and then I’ll show you the absorption setup. You’re looking at the  EUR/USD  30-minute chart, and I had a long level here, marked by this line. This was a long level based on a Volume Profile setup, focusing on those heavy volumes formed within this important rejection. So, this was the long level. What happened was that the price started to go into a sudden sell-off, and there wasn’t really any strong macro news behind this. I wasn’t really sure what was going on, but there was this sudden sell-off, this spike move. Because...
Post a Comment
Read more