⭐ adnen_messaoudi Posted July 6, 2017 Report Share Posted July 6, 2017 (edited) I have some roules before i enter in trade : 1- See ( on bookmap ) an Impulsive move throught and away from VWAP 2- At least 20 ticks away from VWAP and have new hight or low of the day 3- Falling volume on the pull back 4- See some momentum in OFA ( MOA ) on my direction After seeing all those, now i can take a trade, and here an exemple on ES : Edited July 6, 2017 by adnen_messaoudi Swordfih, sateshchand, ⭐ ESVepara and 10 others 13 Quote Link to comment Share on other sites More sharing options...
tradermic Posted July 6, 2017 Report Share Posted July 6, 2017 take pa, it`s simple: https://www.screencast.com/t/iWYzXYz4P1 yachusai, ⭐ ESVepara and ⭐ dotrading 3 Quote Link to comment Share on other sites More sharing options...
⭐ adnen_messaoudi Posted July 6, 2017 Author Report Share Posted July 6, 2017 (edited) take pa, it`s simple: https://www.screencast.com/t/iWYzXYz4P1 Yes, but price action doesn't give you good entry. with order book, your entry and specially your stop loss can be very precise And it's not about more easy or more complicate. The more important thing, it's to be in the right side when you open a trade Edited July 6, 2017 by adnen_messaoudi carlitus1234, yachusai and ramlam 3 Quote Link to comment Share on other sites More sharing options...
carlitus1234 Posted July 7, 2017 Report Share Posted July 7, 2017 Hi Adnen, Where do you look for falling volume in the pullback? Where do you take profits? in a high volume node? (level II white line in Bookmap) How many trades do you take in a regular day? Thanks! Quote Link to comment Share on other sites More sharing options...
⭐ adnen_messaoudi Posted July 7, 2017 Author Report Share Posted July 7, 2017 Hi carlitus, Here another exemple of my trade of today on crude oil As you can see when the price start to move down we have huge amount of volume, but in the pullback the volume has decreased considerably For the take profits, you can take the liquidity as a target (level II white line in Bookmap) Well, I take 2,3, 4 max trades per day Regards, ⭐ rawos, jorgin01, abduul and 3 others 6 Quote Link to comment Share on other sites More sharing options...
tradermic Posted July 7, 2017 Report Share Posted July 7, 2017 (edited) Yes, but price action doesn't give you good entry. with order book, your entry and specially your stop loss can be very precise And it's not about more easy or more complicate. The more important thing, it's to be in the right side when you open a trade bullshit!!!! entry limit is 2429.75/sl 2431.50 LOCATION is the KEY, not orderbook example: https://www.screencast.com/t/uR6i8gRuUo show the goldchart today: buylimit/plopp 9$ Edited July 7, 2017 by tradermic Quote Link to comment Share on other sites More sharing options...
⭐ rawos Posted July 7, 2017 Report Share Posted July 7, 2017 (edited) Please there is no need of another my-method-is-better-than-yours war, open a PA topic if you want instead I wish to ask to Adnen why do you want the vwap to be penetrate, it would be more logical to expect a mean reverting behaviour after a move of 20 or more ticks Edited July 7, 2017 by rawos jorgin01, ⭐ adnen_messaoudi and ⭐ dotrading 3 Quote Link to comment Share on other sites More sharing options...
jorgin01 Posted July 7, 2017 Report Share Posted July 7, 2017 bullshit!!!! entry limit is 2429.75/sl 2431.50 LOCATION is the KEY, not orderbook example: https://www.screencast.com/t/uR6i8gRuUo show the goldchart today: buylimit/plopp 9$ I think you should start a new thread and show to all of us the great way you trade using location as a key factor. Also I do not see the reason to BS others approaches. Quote Link to comment Share on other sites More sharing options...
vit007 Posted July 7, 2017 Report Share Posted July 7, 2017 (edited) ----- take the liquidity as a target (level II white line in Bookmap) .----- Does white line is not a true liquidity , does oreders will be pulled back ones price come 1 tick close and reappear again ones price move away so its looks like price was attracted to does white line . Thats why I dont use Bookmap just takes a space on my monitor . Area that you circle on a chart and presumably took a trade is POC the highest Volume area of the day that were price goes back and force a lot and should be avoided for opening any positions ( that lesson cost me many $$$). I can suggest to add Volume bars to your OFA chart so you can see how important this bars are. Have a predefined levels from Volume profile and ones price reached them change OFA to order flow and see if price excepted or rejected . http://i64.tinypic.com/168uetl.jpg Edited July 7, 2017 by vit007 jorgin01, eurotrdr, carlitus1234 and 1 other 4 Quote Link to comment Share on other sites More sharing options...
carlitus1234 Posted July 8, 2017 Report Share Posted July 8, 2017 Adnen, thanks for your replies. ⭐ adnen_messaoudi 1 Quote Link to comment Share on other sites More sharing options...
⭐ adnen_messaoudi Posted July 8, 2017 Author Report Share Posted July 8, 2017 (edited) For how he believe in price action good luck, for me price action mean nothing and i don't want to be impolite, i would say price action is uneducated trading God question Rawos, don't forget the new hight or low of the day after the penetration of the VWAP this's very important. Why ? Because I want to see clearly an Initiated Buying . Then i want to see clearly an Absorption of selling and the buyer start to Reload, after seeing all this ( in Bookmap , Jig saw or directly in the DOM if you have an expert eye ) you can be sure 99% that the price will be continued in the direction of buying Edited July 8, 2017 by adnen_messaoudi ⭐ alazif and ⭐ rawos 2 Quote Link to comment Share on other sites More sharing options...
traderin Posted July 10, 2017 Report Share Posted July 10, 2017 you cant conclude that price action as uneducated trading . its one of the way of trading . if everyone follows a method and sell at same level where will be the buyers ? different methods of trading finally what loads ur account with $ matters . your method was good . thanks for sharing thanking you For how he believe in price action good luck, for me price action mean nothing and i don't want to be impolite, i would say price action is uneducated trading God question Rawos, don't forget the new hight or low of the day after the penetration of the VWAP this's very important. Why ? Because I want to see clearly an Initiated Buying . Then i want to see clearly an Absorption of selling and the buyer start to Reload, after seeing all this ( in Bookmap , Jig saw or directly in the DOM if you have an expert eye ) you can be sure 99% that the price will be continued in the direction of buying ⭐ adnen_messaoudi 1 Quote Link to comment Share on other sites More sharing options...
⭐ rawos Posted July 10, 2017 Report Share Posted July 10, 2017 I want to see clearly an Initiated Buying . Then i want to see clearly an Absorption of selling and the buyer start to Reload, after seeing all this ( in Bookmap , Jig saw or directly in the DOM if you have an expert eye ) you can be sure 99% that the price will be continued in the direction of buying Thanks Adnen I never though that way but it makes sense, much more than mindless fade the trend when it reaches 2/3SD hoping for a reversion anyway. ⭐ adnen_messaoudi and ⭐ laser1000it 2 Quote Link to comment Share on other sites More sharing options...
vit007 Posted July 11, 2017 Report Share Posted July 11, 2017 (edited) I want to see clearly an Initiated Buying . Then i want to see clearly an Absorption of selling and the buyer start to Reload, after seeing all this ( in Bookmap , Jig saw or directly in the DOM if you have an expert eye ) you can be sure 99% that the price will be continued in the direction of buying I hope you took this one, it was a perfect example what you described above . 4 peaces to a direction puzzle - absorption volume ,divergence , ratio and single print . http://i65.tinypic.com/3162fdi.jpg Edited July 11, 2017 by vit007 ⭐ nadjib and rodamas 2 Quote Link to comment Share on other sites More sharing options...
Theoatrader Posted July 11, 2017 Report Share Posted July 11, 2017 Can u please share this indicator from V@lot? Thnx ⭐ alazif 1 Quote Link to comment Share on other sites More sharing options...
rodamas Posted July 13, 2017 Report Share Posted July 13, 2017 vit007, Would you please share how you saw the absorption volume, divergence, ratio (what ratio?) in your chart ? TQ Quote Link to comment Share on other sites More sharing options...
MPVP Posted October 24, 2018 Report Share Posted October 24, 2018 ----- take the liquidity as a target (level II white line in Bookmap) .----- Does white line is not a true liquidity , does oreders will be pulled back ones price come 1 tick close and reappear again ones price move away so its looks like price was attracted to does white line . Thats why I dont use Bookmap just takes a space on my monitor . Area that you circle on a chart and presumably took a trade is POC the highest Volume area of the day that were price goes back and force a lot and should be avoided for opening any positions ( that lesson cost me many $$$). I can suggest to add Volume bars to your OFA chart so you can see how important this bars are. Have a predefined levels from Volume profile and ones price reached them change OFA to order flow and see if price excepted or rejected . http://i64.tinypic.com/168uetl.jpg Hello Vit, can you share the Dynamic Composite Volume profile from ACME? i try to find it here without lucky . Quote Link to comment Share on other sites More sharing options...
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