gspajon
Order Flow Class
Posts: 152 
|
Post by gspajon on Sept 23, 2015 14:15:33 GMT
Hello all...just wanted to let you know about an opportunity I am currently stalking. The Kiwi. Note on the weekly chart that the order flow has balanced in a very large range. As we are in the middle of this week, the "open" candle has not yet closed below the low of the previous candle. The intraday chart is starting to balance...just starting. So while no action is called for yet, unless you want to get aggressive, I will be watching this market with interest to see if it reverses....however, if it does not, we may get an opportunity when price breaks down to trade the retest of this balance zone, either weekly or intraday.  |
|
gspajon
Order Flow Class
Posts: 152
|
Post by gspajon on Sept 23, 2015 18:09:40 GMT
Hello friends...I have been alerted to a better way to post images here on this forum that will help us all in a number of ways. If you all wouldn't mind to post your screen shots this way I would really appreciate it. When posting an image please do the following: If you have Metatrader: right click on your chart and chose, "save as picture" Select "active chart (as is)...or any of the selections you wish Check the box marked "Post image online..." Click OK If you have another trading software, go to app.prntscr.com/en/download.html and download their simple and easy to use screen capture. Once this is done you will be taken to the photo that is stored on the web...copy the image address and do the following: Click on the button (inside the forum post editor) "insert image" Paste the image address in the field "image URL" Then click insert image. This will help us in a number of ways...(1) it will make the images much bigger so we don't have to go back and forth between the image and any commentary (2) it will save storage space on those images that are not loaded to the forum...and this helps us stay FREE... Thanks for you help!! |
|
gspajon
Order Flow Class
Posts: 152
|
Post by gspajon on Sept 24, 2015 12:37:15 GMT
Intrday charts have established a clearly visible balance zone...just waiting now to see which way it breaks.  |
|
gspajon
Order Flow Class
Posts: 152
|
Post by gspajon on Sept 24, 2015 13:25:52 GMT
Intraday charts are starting to break now...I have set my orders as you see here...This is one of those situations that comes up frequently. Note how the last closed candle CLOSED in the area where before there was only selling. I consider this a "break" even though it has not closed beyond the balance zone. This is a more aggressive way to trade but I have found it to be as accurate as any other form of break.  |
|
gspajon
Order Flow Class
Posts: 152
|
Post by gspajon on Sept 25, 2015 14:12:12 GMT
Price has not come back to retest the lower balance zone, and it is Friday...so I have cancelled the trade entries you see here...  |
|
|
|
Post by gowiththeflow on Oct 3, 2015 15:09:32 GMT
This, for what it's worth is how I'm looking at this pair.   |
|
|
|
Post by TheGMan on Oct 6, 2015 17:23:48 GMT
To Admin,
Regarding your post above regarding using a 3rd party screen capture software like "prntscrn.com" I just want to give you a heads up...
I don't know how long they save these images. Many sites such as that do not keep those images indefinitely. I just would hate to see a lot of time and work go into this great forum to only find out at a later date & time that it is empty of all the images that were previously posted. Something to reconsider.
Just my 2 cents.
PS If you have an acct with PhotoBucket (it's free) I know that they hold images for a long time I've had an acct there & my images are still there after about 10 years & can be used for this purpose.
Anyway... regards to N/U this was a screen shot that I shared to some of my trading assocs. about a week ago, mentioning that N/U had bounced off a Double bottom at Demand created way back on 7-8-2009 & if it breaks & closes above that D1 trend line to look for further upside move up to the next Supply if not higher.
Here is the pair 8 days later after it did indeed break & close above the D1 trend line & is moving up nicely.
Looks like we're on the same page.
G
|
|
gspajon
Order Flow Class
Posts: 152
|
Post by gspajon on Oct 7, 2015 14:30:29 GMT
GMan I will look into photo bucket...thanks
|
|
|
|
Post by TheGMan on Oct 8, 2015 13:37:55 GMT
It looks like N/U has found it's support & rose up to D1 Supply...a couple scenarios could play out here. Either a continuation north up to the .7150 area which is also a Wkly and Daily S&R area or we could see it drop back then rise or simply turn and head south again from here.
I suggest to drop to a lower TF and read & trade PA accordingly at these levels.
|
|
|
|
Post by gowiththeflow on Oct 20, 2015 20:49:21 GMT
Pending Buy Limit Order
|
|
gspajon
Order Flow Class
Posts: 152
|
Post by gspajon on Nov 12, 2015 16:42:22 GMT
Hello All, its been awhile since I've posted...its been busy here with personal issues. However I wanted to let you know of a trade opportunity that I just saw while going through the charts. Note how the weekly chart is currently making a new higher low, and that the daily chart is now balanced. You also see that the intraday charts have balanced, broke higher, and have again challenged the lows, and now buyers are pushing price higher again. This appears to be a larger trend reversal in progress, and if this ends up being the first higher low of the new trend, there is a potential for at least 500-1,000 pips...(assuming I can hold on that far).  |
|
gspajon
Order Flow Class
Posts: 152
|
Post by gspajon on Dec 28, 2015 16:20:48 GMT
Another opportunity has shown up on NZD/USD - Long. This signal is taken off the weekly chart. Note how the weekly chart has made a higher high and a higher low, and is currently looking to break to a new higher high. Over the past three weeks price has formed a balance zone seen clearly on the weekly chart. And as this is a weekly signal it make take another week or two to trigger. I have entered pending orders as you see here with the stop below the initiation of the last buyers move.  |
|
gspajon
Order Flow Class
Posts: 152
|
Post by gspajon on Jan 4, 2016 14:34:16 GMT
Hello All...first trading day of the year, and the NZD/USD longs have all triggered. It is now just a matter of waiting to see if price will continue higher.  |
|
