'Order Flow Trading ' PDF

142 Pages·2016·14.87 MB·English

by  Nichole Wireman

Day Trading Algorithm
This Day Trading Software works on all Futures, Stocks, Currency, and FOREX
Markets.
The system utilizes Market Profile, Market Delta and Fibonacci Retracements
Free Three Day Trial
DayTradingtheFutures.com
Thank you for your interest in our powerful
day trading system. We use leading not lagging
indicators to give our traders a leading edge
over his/her trading opponents on a daily basis.
Members learn how we use market profile to set
the trades up on ALL futures, stocks, currency
and forex markets and then use market delta to
enter for powerful setups. Please visit
www.daytradingthefutures.com and play our
videos and the hour webinar. The same setups
continue to work for over 31 years now.
I will not get in detail the definitions of market
profile, market delta and fib retracements. This
pdf is strictly for a clear plan on how to trade my
methodology. Please visit
www.daytradingthefutures.com and play the 1
hour webinar and training videos to get details
about the leading indicators and definitions of
these strategies in great detail. Traders can put
our software on their own computers that work
on all markets or view crude oil and gold futures
in our live room that is open 6 days a week. Sunday
night at 6pm est to Friday night at 5pm est, 24
hours.
day Trading plan
ESTABLISH TREND BIAS
ALL FUTURES, STOCKS, CURRENCY AND FOREX MARKETS CAN
DO ONLY TWO THINGS
1. GO VERTICAL UP/DOWN
2. GO SIDEWAYS FOR A CHOP/RANGE MARKET
THE SYSTEM TRADES BOTH TREND AND CHOP
USE OUR BUILT IN TREND FILTER TO FIND THAT BIAS. BUY OR
SELL RETRACEMENTS WITH THE TREND FILTER DIRECTION WITH
“STACKED” MARKET PROFILE LEVELS/FIB DOT RETRACEMENTS.
MARKET DELTA WILL SHOW THE ORDER IMBALANCE FOR THE
ENTRY AT THESE KEY LEVELS. ONLY A SMALL % OF QUALIFIED
TRADES WILL BE AGAINST THE OVERALL TREND.
Simple as 123!
1. SETUP: Identify trend direction first. The trend filter will show the
direction of the trend bias. Look to take retracements with the overall trend
bias. JaySignal and Market Profile charts set the trades up on all markets
showing “stacked areas” with overall trend bias. These are the strong
reversal zones. Price will want to come within 2-3 ticks of these zones.
2. ENTRY/STOP: Market Delta confirms these strong reversal zones when
price retraces within a few ticks of these zones and finds the MAJOR Buy or
Sell Imbalance for the powerful entry/stop. Red Delta closes for shorts and
Green Delta closes for buys. Stops are only 2 ticks above/below the swing.
3. TARGETS: Symmetry dots/profiles to scale and for final targets.
What is the trend bias!
IF THE MAGENTA MA IS ANGLED UP THEN BUY RETRACMENTS INTO
STACKED PROFILE LEVELS WITHIN A FEW TICKS WITH POSITIVE
MARKET DELTA! JAYSIGNAL BLUE FIB DOTS SHOULD BE TAKEN WITH
FIRST BREAK/RETEST OF HVA WITH POSTIVE MARKET DELTA!
IF THE MAGENTA MA TREND FILTER IS ANGLED DOWN THEN SELL
RETRACEMENTS INTO STACKED MARKET PROFILE LEVELS WITHIN A
FEW TICKS WITH NEGATIVE MARKET DELTA. JAYSIGNAL RED FIB DOTS
SHOULD BE TAKEN WITH FIRST BREAK/RETEST OF LVA WITH NEGATIVE
MARKET DELTA.
IF A FLAT MAGENTA TREND FILTER THEN BUY THE LVA AND SELL THE
HVA STACKED LEVELS WITH MARKET DELTA. THEN WAIT FOR
BREAK/RETEST OF THOSE LEVELS WITH DELTA ENTRY. FLAT MARKETS
TYPICALLY TURN INTO A SYMMETRICAL WEDGES BEFORE A BIG BREAK.
TRADING THE TREND RETRACEMENT
BUY LOW VALUE AREA(LVA). DO NOT SELL HIGH VALUE
AREA(HVA). WAIT FOR THE BREAK RETEST OF HVA. THESE
ARE CALLED MOTIVE WAVES. DO NOT SHORT ABOVE HVA.
SELL HIGH VALUE AREA(HVA). DO NOT BUY LOW VALUE
AREA(LVA).
WAIT FOR A BREAK RETEST OF LVA. THESE ARE CALLED
MOTIVE WAVES. DO NOT BUY BELOW LVA.
SELL THE FIRST TEST OF HVA AND BUY THE FIRST TEST OF LVA
THEN WAIT FOR A BREAK/RETEST OF THESE LEVELS FOR A
BREAKOUT.
STACKED MARKET PROFILE LEVELS
FF
HIGH VALUE AREA(HVA)-RED
CONTROL POINT(CP)-BLUE
LOW VALUE AREA(GREEN)
I USE 3 CHARTS WITH VOLUME, PRICE, DEVELOPING AND
SYM VALUE PROFILE LEVELS TO FIND STACKED AREAS.
ANY COMBO OF THESE LEVELS THAT COME WITHIN A FEW
TICKS OF EACH OTHER ARE CONSIDERED STACKED OR
CONFLUENCE.THIS CAN BE 2X STACKED AS HIGH AS 4X STACKED
PROFILE.SYMMETRY DOTS, LINE IN SAND, FIB DOTS ARE A BONUS.
3 CHARTS FOR STACKED MARKET
PROFILE LEVELS.
BLACK CHART-THIS CONTAINS THE VOLUME AND PRICE PROFILE AND THE TREND
FILTER FOR THE TRADING BIAS. THE SOLID BLUE, RED AND GREEN LINES ARE VOLUME
BASED AND ADJUST TO FIND VALUE THEN LOCK THEMSEVES IN TO TRADE THE LEVEL.
THE SOLID BLUE CONTROL IS THE MOST IMPORTANT WITH STACKED LEVELS. THE
STATIC LEVELS ARE DOTTED AND ARE MORE PRICE BASED. THESE TWO LEVELS CAN
OVERLAP CREATING A STACKED LEVEL FOR 2X STACKED WITHIN A FEW TICKS OF EACH
OTHER.
SYM VALUE CHART-THIS HAS MY 3 LONGER TERM PROFILES THAT ARE STATIC FOR THE
WHOLE TRADING DAY. THEY CAN STACK OVER THE BLACK OR JAYSIGNAL CHART FOR
STACKED LEVELS. THESE ARE LONGER TERM AND DO NOT HIT EVERYDAY.
JAYSIGNAL(WHITE FIBONNACI CHART)-THIS HAS MY DEVELOPING HVA AND LVA
PROFILES WITH NO CONTROL POINT. THESE CAN STACK WITH THE VOLUME, PRICE
AND LONG TERM PROFILES FOR MAJOR REVERSALS. THIS IS THE ONLY CHART
WITH THE FIB DOTS. THE KEY IS WHEN THESE 3 CHARTS PROFILES OVERLAP.
THE STRATEGY USES SUPPORT/RESISTANCE
GENERATED BY VOLUME, PRICE AND DEVELOPING
MARKET PROFILES. WHEN THESE LEVELS STACK
THE
WITHIN A FEW TICKS OF EACH OTHER THEN THE
TRADER HAS A HIGH PROBABILITY REVERSAL AREA
with a trend retracement.
The key is stacked levels. All charts are color
coded. Any combo of any of these profiles that
overlap are considered stacked.
HVA=HIGH VALUE AREA(RED ON ALL PROFILES)
CONTROL=CONTROL POINT(BLUE ON ALL PROFILES)
LVA=LOW VALUE AREA(GREEN ON ALL PROFILES)