9/08/2016

orderflow pattern in a consolidating market

this is an example of an ordeflow pattern in a slow consolidating market, to make it clear:
  • there is a high volume cluster with lots of buyers at 13:48
  • after that the price consolidates
  • and there is a breakout of the consolidation with low volume at 13:58 - that is the entry moment
of course there must be some other attributes that fits into the trade, but it is basically how this pattern looks like

e-mini dow jones orderflow entry pattern
and yes, the market dropped, but i was unable to take any profit on that ...
e-mini dow jones intraday trading result

No comments:

Post a Comment