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SentiFX replied Sep 17, 2019If you are in the trade at the prior entry point - this could be a good time to re-evaluate without much pain. This is how I do real time analysis even if in a trade. My number 1 reason for being in a trade is to trade opposite the herd. If that ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019Update: I cancelled my order fill before price got there. Why? Because retail sentiment has shifted. The bubble popped and is headed towards the strong Buy Zone. We don't know what will happen but this got me out of a potentially losing trade before ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019Some of you may be thinking - But SentiFX, couldn't we have traded the Gap Fill long and made lots of pips on EURUSD? Absolutely. Just do so with much lower lever and save your leveraging up on higher probability setups. Why? Because Sentiment was ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019It usually means that Retail Sentiment is Shifting (in this case from Strong Buy - retail heavily selling - to retail starting to Buy more then they are selling). So, you could either leave it alone until it crosses the x axis OR... take on a little ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019EURUSD Gap is also filling, just like my previous red-lined drawing showed (move to structure then likely move down).
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019USDJPY playing out like a script. Gap is Filling just like the blog post showed.
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019Current Sentiment Snapshot.
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019Js3, I only like to use limit orders when discretionary trading. I don't believe in confirmation "signal" to enter because by the time price action shows confirmation, I've missed a lot of the move (at least the way I trade). Limit orders allow me ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019Also check the previous currency strength guages - NZD is weakest basket and GBP/USD are top two strongest. Great trade! Hope you are making lots of pips.
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 17, 2019You're very welcome Pervaz. Glad you enjoyed it!
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019Also some additional Edge is seeing that EUR as a whole is WEAKER than USD on the hourly and 4H time-frames. So is shorting EURUSD currently the higher probability trade? I believe so. Find your entry - exit - target (stops in this case). Set your ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019This one is Tricky thought because Structurally on a LARGE scale, a New High has been made. But I go opposite the sheep and the sheep are long. Sometimes the Shepard gets run over too. This could be one of those cases. Again the Retail heavily ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019These are the types of scenarios that I envision playing out. Direct sell off - or a bounce to structure to get longs reeled in more then dive to liquidity pool. EURUSD low went to the tick of prior stops without removing that pool. Retail usually ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019It is correct, The Y axis is from 100% long at top to 100% short at bottom. The x axis and bubble size relate to change in positioning over time. Also I am using multiple data sources that are weighted by algorithms.
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019I already aligned the Sentiment Analysis Tool to be the inverse of sentiment data providers. Also I track change over time of retail piling in and getting squeezed out of positions and also can scrub through the timeline to see how it is changing. ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019Without Further Ado - Here is the Liquidity Gap Fill Trade broken down with examples. I intended to send the link to just participants but FF will not allow me. So again, future blog posts like this will be sent via Free Newsletter. This is the tip ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019Current Sentiment Snapshot.
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019I can do that, give me a moment.
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019Ugh. Forex Factory has limited my messages to 1 message every 24 hours. So people who haven't participated will get lucky here since I'll go ahead and post it here for now. All future blog posts will be sent via the Newsletter on my site. I want ...
Stop Hunting using Sentiment and Market Structure
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SentiFX replied Sep 16, 2019Good Afternoon Traders - There has been some really good discussions. A lot of good points and discoveries have been made by you. I will be sending out the blog post to you all shortly. Thanks for being patient. This stuff takes a lot of time to put ...
Stop Hunting using Sentiment and Market Structure