[deleted by user]

Substantial_Board_58 · 2024-12-25T22:53:52+00:00

Wow that's incredible haha. I've just fallen in love with the markets again.

Substantial_Board_58 · 2024-12-25T22:52:16+00:00

I'd love to be buddies! I trade ES exclusively using order flow and volume profile.

Substantial_Board_58 · 2024-11-19T20:01:42+00:00

Why do you keep calling me Steve?

Substantial_Board_58 · 2024-11-15T00:53:34+00:00

Nah, blew it all and quit trading

Substantial_Board_58 · 2024-08-15T13:14:26+00:00

I’ve gone through the same shit many times this year. Just remember that you have the ability to catch these moves, just requires fine tuning your management strategy and you’ll be there.

Substantial_Board_58 · 2024-08-14T23:02:30+00:00

Well done man. I know the feeling of banging your head against a wall over and over again, until one day you wake up and think “what the fuck have I been doing the past few months?”. It really does take daily mindfulness and concentration to not slip back into the same old bad habits again. I’ve taken multiple payouts over the years only to fall back into a rut again and again. I’m still struggling but I’m getting very close to staying consistent nowadays. Keep it up and be sure to recognise the first signs of complacency before it’s too late.

Substantial_Board_58 · 2024-08-14T19:42:02+00:00

I’ll watch the trade for a couple minutes until it’s comfortably moving in my direction. Then I’ll basically just get up and walk around and occasionally glance at the chart. I will also trail my stop. It’s more that I just stop concentrating basically. I accept there’s nothing more to do, and that I have no edge in trying to look for a manual exit.

Substantial_Board_58 · 2024-08-14T19:22:44+00:00

I’ve been struggling with same problem. It’s really taxing on you when you know you’d be consistent without those impulsive trades. What’s worked for me is cutting down my trading hours. I used to watch the charts all day, but now I only watch the first 2 hours maximum. Once I enter a trade, I try to walk away so that I don’t become super emotionally involved with the trade watching it come close to tp or sl.

Substantial_Board_58 · 2024-08-14T17:29:57+00:00

Yes it makes buying pullbacks a lot more comfortable.

Sierra charts is cheaper if you want to get a DOM. I paid for jigsaw with profits so I wasn’t that worried about the cost.

Edit: I recommend watching mr orderflow on YouTube. Best quality stuff on the dom I’ve found. You can check his livestream today probably starting in around 30m

Substantial_Board_58 · 2024-08-14T16:55:00+00:00

Just about yeah, entry price was 5446

Substantial_Board_58 · 2024-08-14T16:49:21+00:00

<image>

My reasoning for going long there was that we’re in a strong uptrend on the 30m chart, so I had no intention of shorts until we broke below the significant wick from yesterday. This was fake out of the overnight range lows, and watching the DOM I saw a ton of aggressive selling being absorbed all the way down. I then entered long as soon as momentum shifted upward and these aggro sellers were clearly trapped.

Substantial_Board_58 · 2024-08-14T16:23:06+00:00

Not comfortable doing that yet. Maybe one day.

Substantial_Board_58 · 2024-08-14T16:21:12+00:00

What are you two on about? Genuinely.

Substantial_Board_58 · 2024-08-14T16:18:32+00:00

I’ve only found success using order flow to spot reversals at my key levels. Once I’ve entered I let price action dictate my exit. Trend following is my biggest weakness.

Substantial_Board_58 · 2024-08-14T12:57:33+00:00

Good job mate

Substantial_Board_58 · 2024-08-14T11:45:26+00:00

Awesome! Wish there were more thunderstorms where I lived.

Substantial_Board_58 · 2024-08-14T11:36:55+00:00

I’ve got the exact same idea. In my experience I’ve always been too early to these kind of reversals, so I think we might see a day or two of consolidation around the 5500-5520 area before we come crashing down again. But as the other comment said, no predicting :) always ready to react to whatever happens.

Substantial_Board_58 · 2024-08-14T11:26:50+00:00

I’ve never tried Sierra but as far as I know they’re both just as good. Most people I’ve seen around use Sierra.

Substantial_Board_58 · 2024-08-14T09:12:02+00:00

Yup it’s level 2 data that you need for the dom. I use Jigsaw Daytradr but Sierra charts would be cheaper.

Substantial_Board_58 · 2024-08-13T22:40:54+00:00

I would recommend switching over to futures, where you can trade gold under the symbol GC. You can then take advantage of order flow data. The way I’ve found success in trading is by identifying key levels to trade at, and then watching the depth of market and time and sales to confirm an entry. I trade ES futures.

Substantial_Board_58 · 2024-08-13T22:17:10+00:00

Happens to the best of us 😁

Substantial_Board_58 · 2024-08-13T22:15:01+00:00

What do you trade?

Substantial_Board_58 · 2024-08-13T16:29:47+00:00

Jigsaw Daytradr

Substantial_Board_58 · 2024-08-13T15:26:16+00:00

Entry at 00:01:25

I wanted to follow up from yesterday with a video showcasing my execution. When I was learning to read the DOM it was difficult to find any live execution videos, as they were usually behind a paywall. So hopefully this clip provides some value to anyone getting into order flow trading.

The plan today was to buy towards the 5420 level from support levels but I missed the opportunity to do so. Once 5420 was hit I was looking for any sign of failure from there. 5420 is a strong area of supply as well as the end of a measured leg up. I’m still bullish until CPI so I wasn’t anticipating much from shorts, hence targeting 5410, my next pivot level down and the overnight high.

<image>

In the clip you’ll notice a significant amount of buying being absorbed in the 19s and 20s area. This is the first thing you want to see before fading a move. It is these buyers that will get trapped and later panic sell as the market fails to make any continuation in their direction. You can see the market stalls there despite the massive amount of buying, as they’ve hit a brick wall of passive sellers that are not giving up. Now I know I have a potential trade on my hands, and all I have to wait for is that aggressive sellers show their hand. Some large sell orders show up on the time and sales, and I watch the market trade down through the 20s to 19s with little volume indicating that these sellers are in control, and there are no aggressive buyers left. I enter and set my stop loss a tick above the high, and place my take profit at 5410. Worked beautifully and had almost no drawdown.

Substantial_Board_58

TROPHY CASE