Market Flow And Price Action Strategy

ochuko · January 9, 2014, 2:48am

Your contribution would also be appreciated

ochuko · January 9, 2014, 9:40am

Our winning trades for today

ochuko · January 9, 2014, 7:53pm

Market Flow Set Up USDCHF

Market Flow Set Up for AUDCAD

ochuko · January 9, 2014, 7:56pm

Market Flow Set Up for GBPCHF

Market Flow Set Up For GBPCAD

vijaim · January 10, 2014, 1:23am

Hi Ochuko,

Nice thread. one question, where exactly you place your entry and stoploss?. as i understand, you wait for valid price action in potentional entry area and take market order on the next candle open. is this correct?.

ochuko:

These are my trade commentaries based on the market flow strategy. This strategy is based on determining market flow change on daily time frame and looking for entry signals on hourly time frame. Based on this, I will be posting analysis on two time frame per pair. That is the daily and potential entry area on hourly. Just to remind you, we would be looking for candle stick patterns(e.g Pin bar, engulfing bar, harami, piercing line/dark cloud cover and railway track) around the area that was circled on the Hourly time frame. If no candle stick pattern, we ignore that pair and move to others.
Also note the direction of the line to determine the trade type; bullish or bearish. If price breaks above a fractal on daily time frame, we would be look for a bullish set up on the hourly time frame. If price breaks below a fractal, we would be looking out for a bearish trade set up on the 1 hour time frame. I hope this is clear? If you have any question(s), kindly, post it here so that I can do well to respond.

ochuko · January 10, 2014, 2:23am

My trade entry is place based on the candle stick pattern. While my profit target is usually at the next area of resistance or support.

vijaim · January 10, 2014, 3:28am

what about stop loss?.. do you use stoploss?

ochuko · January 10, 2014, 3:30am

Today is Non-Farm Payroll release. Be careful how you trade. Market may range leading to the time when the news would be released. So trade with caution!!!.

ochuko · January 10, 2014, 3:32am

You MUST use stop loss and it is based on the candle stick as well.
2. You can place your stop loss at the price where price broke the fractals.

ochuko · January 11, 2014, 4:37am

Hey guys, I did a video showing you how to determine market flow change on the daily time frame and how to find your trade entry on the 1Hr time frame. In this video, you will watch live trade examples. This is aimed at deepening your understanding of this strategy and applying it daily to your trade. You can choose to co-opt it to your existing trading system or trade it as it is.
[video=youtube_share;wKmw_v2LgsI]http://youtu.be/wKmw_v2LgsI[/video]

ochuko · January 13, 2014, 2:28am

USDCAD Market Flow

GBPCAD Market Flow

ochuko · January 13, 2014, 2:38am

NZDCAD Market Flow

EURCAD Market Flow

ochuko · January 13, 2014, 2:39am

AUDCAD Market Flow

ochuko · January 13, 2014, 1:58pm

EURNZD
Risk: 40 pips: Profit Hit: 170 pips

AUDCHF:
Risk 50 pips
Profit Hit: 100 pips

ochuko · January 13, 2014, 4:53pm

AUDUSD Market Flow Set Up

EURJPY Market Flow Set Up

ochuko · January 13, 2014, 4:56pm

GBPJPY Market Flow

NZDUSD Market Flow

ochuko · January 14, 2014, 1:44am

Watching the AUDUSD closely

ochuko · January 23, 2014, 1:48am

Market Flow Set Up For CADJPY

ochuko · January 23, 2014, 1:53am

Market Flow Set Up for GBPCAD

Market Flow Set Up for GBPCHF

ochuko · January 23, 2014, 1:55am

Market Flow Set Up For USDCAD