Price reverses when traders enter the market and overwhelm the previous direction. Yes previous support - resistance levels cause traders to initiate trades as do trend lines and indicators .

all about support and resistance

From your chart what stands out to me is the 2 fake outs south. The first is on average vol , an average up bar which closes on it's high. This would signify to me retail have sold the breakout south and the pro traders have bought them . The second ...

Hey...what about Volume?

What is the main Task/Goal of the Market? It's task is to get weak hands to participate in the market ( traders who don't understand orderflow ) It's goal is to enable pro's to complete their business (traders who understand orderflow )

The Hardest Way to Trade: Context Trading

Process- 1. Watch and wait for setup. 2. Setup arrives - initiate trade 3. trade management system - stop out , BE or hits profit targets 4. Trade closed go to step 1. OP makes some excellent points and as traders we need to work on an aspect of ...

Over complicate - and you lose

One of the main issues addressing a traders mindset and sometimes the only barrier preventing them from being profitable is their belief system ingrained from many years of false information. You basically have to re programme your subconscious mind ...

Trading: A Mind Game

Hi ensale I've been a long term studier of orderflow myself mainly price and volume and I've found that for "pro's" it's more a case of creating a situation so they can complete their business and you can definitely see them once you know where to ...

Applying Order Flow & Volume Profiles To Futures Trading

video

A Little Something To Motivate You

There are different types of turning points , the ultra high vol turns are typically exhaustive moves. A head and shoulders type reversal would turn on less volume but you would see and need to see vol increases in the right places to confirm as ...

Hey...what about Volume?

I know a couple, they don't hang around forums as the negativity is not good to be around. Why throw pearls to swine?

Successful traders are very, very rare to find

Basically a trader has to be smart enough to do the self analysis of what's holding them back or forever be stuck in a loop (people with large ego's tend to struggle the most with this part) , resolve the issue and move to the next step , rinse ...

How can we avoid losing trades? - discussion thread

What you'll find with trading if your aware is you'll go deeper and deeper through a series of realizations of which if you stick at will taker you nearer and nearer to the truth (truth being understanding what is actually occurring in the price ...

The Philosopical Approach to Trading

It's the hope that one day you'll eventually know what your doing .

If brokers cheat why do we trade?

Trading last couple of days with flu so only just up for the week where I would be normally well ahead . In future just keep the PC off. Remember not to stick to a single TF as knowing where you are regarding the order flow can be more than helpful.

What Would You Do Differently Today for Better Trading Results?

Fair question I suppose . In short NO - unrealistic. 10 or 20 pips a day is achievable if you know what your doing but then you do have the odd off day where it's best to just turn the PC off.

double the account every day...

I think most people walking around are reactionaries rather than creators. I could explain this more but I think you know what I mean. Also successful traders have taken a method and made it their own so in that sense you could say trading ...

why are people so lazy?

Unfortunately there's no real decent source for order flow out there (the reason must be pretty obvious)and the only real way of learning it is for you to get yourself a decent understand of price and volume which requires lots of work on your part ...

How to flow with the order flow?

I like your thread, I've been a price volume addict for quite a few years now and starting to get some mind blowing results. What Iv'e found helps me understand price and volume is to gauge who's doing what, I tend to class PA now as either pro ...

Hey...what about Volume?

They look interesting and I prefer CTrader, did you open an account with them ??

Pepperstone no longer available for Kiwi clients

Interesting point about NZ brokers lobbying for rule changes I was thinking the same thing. I've not really checked out yet if we have decent options here in NZ. I may do some investigating next year regarding rules etc if I get time...

Pepperstone no longer available for Kiwi clients

All good my friend and thanks for the link and your take on Axi-trader I've never been a fan of mt4 too used to ctrader but as long as the tick volume indicator is half decent I'll be happy....

Pepperstone no longer available for Kiwi clients