EU LQ Sweepmarket have a good LQ pool to sweep i think price will sweep that LQ and go short Shortby Sara_SamUpdated 6
EURUSD Can Make You 4X Returns !!! EURUSD ON H4 Shows a great opportunity to me the chart explains it well It's Clearly A High Volume Break Of Sturcture, + With An Middle Of Nowhere Liquidity We Set 2 Limits One On 0.71 Of Fib And One On The OrderBlock, Both Having Same SL, Whatever You Risk On OrderBlock Risk Half Of It On Fib. Longby rahultradesfx2
eurusd oportunutybacked with ism to provide momentum and liquidity fundamentals to determine the bias or the direction tech to execute 'enter' 'exit' by lferda481
EURUSDEURUSD Tendency the price is a long pressure in between 1.08446 and 1.08302 Turning level : The turning level between 1.08446 and 1.08302 so as long as the price above this level, there will be a bullish trend resistance level : trade above turning level between 1.08446 and 1.08302 , the price will rise to 1.08941 and 1,09167 support level : braking a turning level 1.08302 the price will reach the support level of 1.07811 and 1.07615 corrective level : price will attempt between 1.08446 and 1.08302, correct itself before long , Know price attempt touch a turning level Economic : For today we have some news that will affect the market trend, such as ADP-ISM, which is expected to have a Negative impact on USD Longby ArinaKarayi3
EURUSD Massive Short! SELL! My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0847 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0828 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 112
EURUSD Potential Daily I.C.I.Confluence I.C.I. = impulse correction impulse - Monthly Bearish, but potential I.C.I. - Weekly Bullish - Daily Bullish potential I.C.I. I'm waiting for on entry on the 1h Entry should be tomorrow. Longby SamuelForexTrader0
EURUSD long, target 1.094Hello fellows, its a good opportunity to buy, eurusd, as it has rebounce from the trend line, stop loss lower trend line. Target 1.093-1.094Longby longgoUpdated 113
EurusdEurusd is on downtrend In lower timeframe we see a trend line is break down . It will expected price down to showing arrow , if price touched 1.0800 -1.0790 see what it will do Break the line and continue downward or can't break the line and goes upward Shortby shaayaan3
Brilliant Basics - Part 3: Harnessing the Power of Moving AveragWelcome to the third instalment of our Brilliant Basics series, where we help you achieve consistency and discipline in foundational concepts that create a platform for long-term success. Today, we’re harnessing the power of moving averages. We will explore how to use them effectively and consistently to enhance your trading. Moving Averages: Momentum Versus Mean Reversion Moving averages are a beautifully simple and robust indicator that can be used to gauge a market’s level of momentum and its level of mean reversion. Momentum: Simply by looking at where the price is in relation to a moving average, and the slope of the moving average can tell you a lot about a market’s momentum. Is the price above or below the moving average? How far away from the moving average is the price? Is the slope of the moving average rising or falling? These simple observations can be used to construct robust and objective rule sets for defining trade entries and trade exits. Example: In the below example of the S&P 500’s daily candle chart, we can see that the 9-period exponential moving average (EMA) is sloping higher and moving away from the 21 EMA – signalling a market with strong momentum. However, the price is now quite far from both moving averages – indicating that the market could be vulnerable to profit-taking. Past performance is not a reliable indicator of future results Mean Reversion: When a market is trending, it cycles from periods of momentum to mean reversion. Moving averages provide a dynamic benchmark for how far the price has pulled back from trend highs. Example: Sticking with the same market as used in our momentum example, we can see that the market has cycled from its momentum phase to its mean reversion phase – pulling back towards the 21 EMA Past performance is not a reliable indicator of future results Selecting the Right Moving Averages for Your Trading Style Different trading styles require different moving average settings to effectively capture market movements. Here’s how you can choose the right settings for your approach: Position Trading: Daily Simple Moving Averages (SMA’s) For position traders who hold trades for weeks or months, the 200 SMA and 50 SMA are essential tools. These moving averages provide a broad view of the market's direction and help identify long-term trends. Past performance is not a reliable indicator of future results Swing Trading: Daily Exponential Moving Averages (EMA’s) Swing traders, who typically hold trades for 2-5 days, benefit from the more responsive nature of EMAs. The 21 EMA and 9 EMA are popular choices, allowing traders to capture shorter-term price movements and react quickly to market changes. Past performance is not a reliable indicator of future results Day Trading: 5-Minute EMA’s and VWAP Day traders need even more sensitivity to price movements. Using 5-minute EMAs along with the Volume Weighted Average Price (VWAP) provides an excellent framework for intraday trading. The VWAP, in particular, helps day traders identify the average price over a trading session, factoring in volume, which is crucial for short-term decision-making. Past performance is not a reliable indicator of future results 3 Steps to Harness the Power of Moving Averages 1. Be Consistent: Use the same moving average settings consistently across your analyses. Consistency ensures that you build a reliable and repeatable process for making trading decisions. 2. Target Pullback Zones: Moving averages act as dynamic support and resistance levels. Target these zones for potential entry points in the direction of the trend. For example, in an uptrend, look for buying opportunities when the price pulls back to the moving average. 3. Combine with Price Patterns: Enhance the effectiveness of moving averages by combining them with price patterns. Patterns such as flags, pennants, and double bottoms can provide additional confirmation for trade entries and exits. Example: In this swing trading example, notice how EUR/USD pulls back to the upward sloping moving averages. When price does this, the confluence of the moving average and a simple price pattern can provide a strong signal for entering a long trade. Past performance is not a reliable indicator of future results Summary Moving averages are an indispensable tool in a trader’s arsenal, offering insights into both momentum and mean reversion. By selecting the right moving averages for your trading style and consistently applying them, you can significantly enhance your analysis. In our penultimate instalment, Part 4, we will delve into Multi-Timeframe Analysis , helping you understand how to align strategies across different timeframes for more robust trading decisions. Stay tuned! Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Educationby Capitalcom7
EURUSD Bullish PatternPotential Bullish / Uptrend as Fiblevel showing touching 0.382 (Golden Ratio) and 0.5 levels. Longby sabbahji2
Eur/usd Same pattern might repeat first sweep of the lows then continue of the trend. Longby ritam_0077
EURUSD SHORT TERM BUYAs Eurusd broke thr fvg that was been respected and this fvg now gets inverse where we can look to bbuy and we have opposing liquidity to target aswell on London sessionLongby ronath33Updated 1
How Can You Trade Using Order Flow? 3 Trading StrategiesHow Can You Trade Using Order Flow? 3 Trading Strategies Understanding the intricacies of order flow trading unlocks the door to deeper market insights, revealing not just the movements of prices but the forces driving them. In this FXOpen article, we’ll explore how order flow works, its components, and how it can be used within three comprehensive trading strategies. Understanding Order Flow Trading Understanding order flow in trading involves examining where buy and sell orders might rest in the market. Essentially, it's about understanding the action behind price movements rather than just the movements themselves. At its core, order flow reveals where traders are placing their orders and at what price, offering a glimpse into the potential future direction of the market based on the current levels of buy and sell orders. When traders talk about order flow, they're looking at the accumulation of these orders at various price levels, which can indicate areas of strong buying or selling pressure. For instance, a significant number of buy orders at a certain price level might suggest a strong demand at that level, potentially leading to a price increase if sell orders cannot match this buying pressure. Conversely, an abundance of sell orders could indicate a supply level that, if not met with equal buying interest, might drive prices down. Components of Order Flow Chart Trading In the realm of trading, dissecting the order flow is akin to peering into the heart of the market, revealing the intentions of traders through the movement of buy and sell orders. Here's a closer examination of the core order flow indicators. Understanding these components allows traders to interpret order flow directly from the chart, providing insights into where the market might head next based on past and present trader actions. Order Blocks (Supply and Demand Zones) In analysing order flow on a chart, order blocks, or supply and demand zones, appear as areas where price action has shown significant movement away from a particular level, indicating a concentration of buy (demand) or sell (supply) orders. These zones are typically highlighted by a sudden surge or drop in price, leaving behind a footprint where future price often reacts. For example, a demand zone might be identified by a rapid price increase from a specific area, suggesting buyers overpowered sellers significantly. Most importantly, when the price returns to one of these areas, it’ll typically reverse. Market Structure/Trends The market structure, or trend, is visible through the series of highs and lows on a chart. An uptrend is recognised by ascending peaks and troughs, while a downtrend is marked by descending peaks and troughs. These structures show order flow traders the prevailing direction of market sentiment. Imbalances Imbalances manifest as large, directional candles that break away from a consolidation area, signifying a sudden imbalance between buyers and sellers, usually with little to no pullbacks. These are often accompanied by increased volume, which may suggests a strong commitment from traders to move the price in a specific direction. Volume Volume is directly observable on a chart, usually depicted as bars beneath the price action. High volume bars accompanying significant price moves validate the strength of that move, implying a robust interest from the market in that price level. Conversely, low volume may indicate a lack of conviction, suggesting that the price move may not be sustainable. Interested readers can learn more about these components and how they interact with each other in our comprehensive article on order flow analysis. Order Flow Trading Strategy: Three Examples Let’s now take a look at how these components can be used in three order flow trading strategies. Consider applying them to real-time charts in FXOpen’s free TickTrader platform to gain the deepest understanding. Liquidity Sweep at Order Block/Supply or Demand Zone The concept of a liquidity sweep within an order block stands out for its nuanced approach to capitalising on market reversals. This strategy hinges on the premise that price movements in these critical zones often preclude a significant direction change, making them ripe for reversal entries. However, while leaving a simple limit order at these areas may be tempting, unforeseen news or a strong trend can cause the price to trade beyond it. Therefore, the theory states that looking for confirmation is often best. Using the idea of a liquidity sweep or a bull/bear trap, traders can identify higher probability setups in these areas. Entry Traders typically identify an order block, marking zones that prompted a significant imbalance and strong directional price move. Watching for the price to approach these zones is key, with a keen eye on the price action within the zone for signals of a potential reversal. The formation of new highs in a supply zone or lows in a demand zone accompanied by a liquidity sweep (a brief breach of these highs/lows followed by a quick return) may serve as a trigger for entry. The appearance of reversal patterns, like a shooting star, hammer, or engulfing candlestick, may indicate the market's rejection of prices beyond the zone. Stop Loss Placing a stop loss just beyond the boundary of the supply or demand zone potentially safeguards against the risk of a genuine breakout. Take Profit Profit targets may be set at the nearest opposing supply or demand zone, usually where another significant imbalance lies, offering a strategic exit point. Moving Average Crossover at Order Block/Supply or Demand Zone Integrating moving averages into the analysis of order blocks or supply/demand zones offers traders a quantitative lens through which market sentiment can be gauged more precisely. This strategy particularly revolves around the utilisation of two moving averages. We’ve used Exponential Moving Averages (EMAs) with periods of 9 and 20, leveraging their sensitivity to price movements to identify potential reversal points within these critical market zones. However, traders can use whichever type or length they prefer, though a balance should be struck between responsiveness and mitigating false signals. Entry The trader identifies an order block where a substantial move has previously occurred, leaving behind a noticeable imbalance in the price chart. As the price revisits this zone, attention is directed towards the EMAs' behaviour. For instance, a crossover of the 9-period EMA above the 20-period EMA signals bullish momentum, whereas its crossover below the 20-period EMA reflects bearish momentum. Entry may be considered once the moving average crossover aligns with the anticipated direction of the reversal, indicating a strengthening trend. This signal may be further validated if accompanied by a liquidity sweep or specific candlestick patterns within the zone, potentially enhancing the conviction of the trade. Stop Loss A stop loss could be placed beyond the zone’s extremes. Given the added confidence from the moving average crossover, the stop loss could also be positioned just beyond the most extreme high or low when the price entered the zone. Take Profit The take-profit target may be set at an opposing supply or demand zone. Such zones are anticipated to act as natural barriers where the next significant price reaction could occur. Impulse and Correction Stop Order The Impulse and Correction Stop Order strategy leverages the dynamic reaction of prices at supply or demand zones, focusing on the price action that follows these pivotal areas. Recognising that initial reactions from these zones can be sharp, signalling strong market rejection, this approach waits for a pullback or correction as a secondary entry point. This method suits traders looking to capitalise on the momentum shift or those who may have missed the primary reversal opportunity within the zone. Entry Traders monitor for a pronounced impulse move away from a supply or demand zone, indicating strong market rejection of these levels. A subsequent pullback or correction phase is observed, ideally filling the imbalance left by the initial impulse. This correction signals the market's natural attempt to retest the zone before a potential markup or markdown begins. A stop order may be set at the low (for bearish setups) or high (for bullish setups) that initiated the correction. This positioning aims to capture the breakout moment that confirms the market's commitment to the new direction. Stop Loss The stop loss may be placed beyond the correction. This placement is strategic, potentially minimising loss if the anticipated breakout does not materialise and the correction reverses direction. Take Profit The take-profit point may be chosen within a suitable opposing zone, considering the optimal risk/reward ratio or strong support/resistance levels. The Bottom Line In essence, the realm of order flow trading offers a rich tapestry of insights, enabling traders to navigate the market with a more informed perspective. Through the application of these strategies, traders can potentially align themselves with the underlying momentum of the market. For those looking to dive deeper into these strategies and apply them in real-time market conditions, opening an FXOpen account provides access to a platform where such sophisticated analyses can be executed, bridging the gap between theory and practical trading. FAQs What Is Order Flow in Trading? Order flow represents the myriad of buy and sell orders executed in the market. It acts as a snapshot of market sentiment, showing where and how traders are placing their orders, which in turn influences price movements. How to Read Order Flow? Reading order flow involves analysing the data on the volume of trades, the price levels at which they are executed, and the type of orders (buy or sell). Traders often use specialised software that visualises these data points, though they can be identified on charts through the use of order blocks and imbalances. How to Trade Order Flow? Trading order flow typically involves looking for signs of imbalance between buy and sell orders and trading from order blocks. Traders often enter positions based on the anticipation that price will fill these imbalances and reverse from order blocks. Why Is Order Flow Important in Trading? Order flow is important because it provides insights into the immediate direction of the market, revealing the underlying demand and supply dynamics, which can be key for making informed trading decisions. What Is the Difference Between Order Flow and Volume? While closely related, order flow technically refers to the detailed list of transactions (buy and sell), whereas volume measures the quantity of an asset traded over a period. Order flow gives insight into the specifics of market transactions, while volume indicates the level of activity. What Is the Difference Between Order Flow and Price Action Trading? Order flow trading focuses on the underlying transactions that drive market movements, whereas price action trading relies on analysing the price movements themselves. Price action traders study charts for patterns and trends without necessarily considering the specific buy and sell orders that cause those movements. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen2218
EURUSD H1 05.06.24Entry: - Sell at setup BB - Price makes lower high consecutively Shortby huypham252
EURUSDEURUSD has just tapped into a 15m fair value gap and closed above it indicating a very strong buy point and also on the 4hr timeframe you will see a turtle soup, taking down the previous 4-hour low before going up. Longby BigBenCapitals3
EUR to go stronger against USD? Hello Traders, Great Day! Look what we have found on the EURUSD chart. Is the Gartley Pattern gonna work like magic? Watch out for latest news. Wish can go long from $1.06000 till $1.1000 (the EURUSD favorite marque). What do you all think? Longby ERUDITE_88Updated 8
EURUSD: IntradayDear traders! A mid-term channel is clear in the chart. A short-term channel is also there! Any breaking below the bottom of short-term channel is hunting liquidity as long as we are perfectly over the zone! Any breaks below the zone alter the bearish scenario! Remember that Final Manufacturing PMI release if USA could change the market direction.Longby AliSignalsUpdated 2211
EURUSD short to 1.08000 Area !! 80-100 Pips Down !!!Dear Traders, i expect price start downward movement to 1.08000 Area (first Target) Get ready for 80 pips Down ! Dont forgrt like&Comment please ! regards, Alireza!Shortby alirezak4
EURUSD WILL FALL SELLTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Shortby ArehmanB3