ULTRAWAVEDS BLURPTINT
#2 Understanding ORDERFFLOW and
MARKET STRUCTURE
A basic definition of ORDERFLOW (OF) is the direction in which the market is trading,
determining ORDERFLOW is achieved by reading and interpreting the MARKET
STRUCTURE (MS).
The direction of OF is used as a confluence when looking for high probability trades, once
OF has been identified we can then use the methods of entry shown in BLUEPRINT 1 to
trade in the same direction. MOST OF THE TIME WE ALWAYS TRADE IN THE DIRECTION OF
ORDERFLOW NEVER AGAINST.
~
Identifying simple ORDERFLOW // same principles can be used in both a bullish and
bearish scenario
MARKET STRUCTURE is a good indicatior on the direction of ORDERFLOW, we pay
attention to MARKET STRUCTURE BREAKs (MSBs) and if they are continuous, the more
MSBs in a certain direction the stronger confluence of OF. We also pay attention to
HIGHER HIGHS/LOWER LOWS made as these are key areas of interest.
,
#2 Understanding ORDERFFLOW and
MARKET STRUCTURE
A basic definition of ORDERFLOW (OF) is the direction in which the market is trading,
determining ORDERFLOW is achieved by reading and interpreting the MARKET
STRUCTURE (MS).
The direction of OF is used as a confluence when looking for high probability trades, once
OF has been identified we can then use the methods of entry shown in BLUEPRINT 1 to
trade in the same direction. MOST OF THE TIME WE ALWAYS TRADE IN THE DIRECTION OF
ORDERFLOW NEVER AGAINST.
~
Identifying simple ORDERFLOW // same principles can be used in both a bullish and
bearish scenario
MARKET STRUCTURE is a good indicatior on the direction of ORDERFLOW, we pay
attention to MARKET STRUCTURE BREAKs (MSBs) and if they are continuous, the more
MSBs in a certain direction the stronger confluence of OF. We also pay attention to
HIGHER HIGHS/LOWER LOWS made as these are key areas of interest.
,
