Order Flow and volume profile trading

[blackberry]

In ofa no waitting for candle closing when conditions met enter

1.as you said no waiting, but POC may shift upward or downward on ongoing candle how to take 2 tick SL

2.Retail flush is little confusing.Like yesterdays market nothing working, going down down, every one was flushed even BIG BOYS.

 

[mt4trader]

Bro ,how we can 2 ticks SL

By the time its confirmed entry its 5 to 8 ticks away .(On High /Low of signal candle/zone )

Please advise on entry to get 2 tick Sl ???

crude you can trade with two ticks
keep SL below the signal price not your traded price.
only you wont get time to enter rejection price other times you can enter within 2 ticks
Low volume nodes are rejection prices market stays very less time.
for that you have to place order before only

 

[mt4trader]

use previous candle POC.
yesterday watch my trade setups more nacked poc.
Mondays market more fast.
Wednesday slow
dont enter every trade wait for good setup.

 

[mt4trader]

1.as you said no waiting, but POC may shift upward or downward on ongoing candle how to take 2 tick SL

2.Retail flush is little confusing.Like yesterdays market nothing working, going down down, every one was flushed even BIG BOYS.

2 tick SL is for unfinished auction.
other tradesetups 2 to 5 ticks.

yesterday and today i am not trading because i need more data.
from tomorrow i will show my trades.
at least i need two days volume profile

 

[mt4trader]

you can trade unfinished setup with 2 ticks stoplos

 

[amandeep86]

you can trade unfinished setup with 2 ticks stoplos

Bro how do u define unfinished auction ??

To get two tick sl will entry be by limit order??

Also until candle closes this auction may change .???

 

[blackberry]

finished auction ended with,means no more trading in that direction.
unfinished means a candle closed partially filled with numbers both side.
it is reversal point but retest again after some time

every candle is partially filled in both ask and bid column so how to find which is finished which is not ?

Please elaborate more with image and marking,I am not getting this.

as you said -no trading towards in that direction of auction is called unfinished.Please below image how it is unfinished,it is still closed towards the auction(LOW)

 

[Nextgen_trader]

Hi Mt4trader,

Thanks a million for your efforts here to your help lot of newbies like us. :thumb::thumb:

looks like NACKED POC are more effective in 15 minutes chart. Is it better to follow 15 minutes chart for CRUDE @Nacked POC?

Also how should we read NACKED near Retail flush. Please comment

Thx,
KP

 

[mt4trader]

both same time more effective

 

[Nextgen_trader]

both same time more effective

Hi mt4trader,

Retail flush got it. but as per Nacked POC earlier posts it may visit/cross in Next candle again.

Can we treat this senario more effective on reversal from there with more force and play 2-3 tick stop above NACKED POC and entry in next candle open

Thx,
KP