Dec 092013
 

This week’s plan:

  • Look for a pullback with the trend
  • Look for an order flow arrow to help confirm the entry
  • Use my dynamic zones (not shown in my charts but I’m considering making it available) to confirm the S/R
  • Enter and go for at least 1.5:1 R:R and preferably 2:1

Today was a balanced so I was patient.  Price came to the bottom of the balance area and I got a dynamic zone confirming it along with an order flow bullish arrow.  So I entered and targetted the VPOC.

NQ_2013-12-09_2053

The left chart is a 100 tick NQ and the right one is 250.  I got a blue arrow on the left chart and then on the right one so I took it.  Waiting for the blue arrow helped to get a very good entry with only 2 tick MAE.

So far this month is going well and if I can just be very selective and patient I can finish the month on a high note.   Patience. 🙂

If you’re interested in testing my order flow analyzer just let me know.  It shows the blue/red arrows.  The indicator in the bottom pane is a separate indicator that is still in progress.  And finally the dynamic S/R zones (created from order flow) is also in progress.  If I can get some free time I’d like to make it available.

Good luck with your trading.

 

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