So here is a perfect example how the Institutions operate on a daily and weekly basis and how order flow works. We got this gap because the institutions trapped traders into the believe that price would go higher and many orders were stuck there over the weekend. Then we got a small gap signaling buying pressure while in reality the institutions sucked in...
Market Profiles allow you to understand the structure of price action, you can alter your profiles to be specific for buying or selling. Having a universal plan shows you where price is going to range, if it sticks to principles of bullish action (Higher Highs, Higher Lows), you can deduce where the next levels of interest are and vice versa. Interest areas - the...
How Order Flow and Liquidity Move the Market Order flow is the key driver which causes market price to move, buyers and sellers enter the market at different price levels by either supplying liquidity (via Limit orders) or consuming liquidity (via Market orders). When the liquidity balance is tipped, being more buyers than sellers (or vice versa) at a particular...
A While back I did a post on EURUSD Showing probability of the big move down we’ve seen. Here is the Link: www.tradingview.com About 3/4 of the page down I posted another chart with support levels. I received a few questions where I could tell other traders were looking to buy at the first major support levels. I asked this Question: IF Price does start to...