Hi , my name is Snir and i'm a professional forex trader for the last 10 years , also a Founder & CEO of The5ers.com a prop trading fund .
we offering a great career opportunity with extraordinary growth plan.
At the swing term, GBPAUD just turns from bearish to bullish momentum.The demand below seems a great level of continuation trade, therefore If the price retrace to this demand i'll open buy position there, my first target Will be the resistance zone above, and the final target is the supply at the top.
At the swing term, GBPJPY seems to be bullish, if the price will break The confirmation zone it indicates the price will tend to reach the demand Below, the demand below is a great level to continue the swing term momentum, Therefore I'll buy there, the space between the confirmation zone and the demand
Can be a great to look for daytrade sell opportunity.
The new fresh supply above in EURJPY is also a Quasimodo level, Quasimodo is a very powerful reversal pattern, if the price will retrace This level I'll sell there, my first target will be the demand below, and The final target is the demand at the bottom.
After the recent rally at the S&P500 index, i'll wait for reversal opportunity,
If the price will break out the confirmation zone, it indicates the price tends To reach the demand at the bottom, therefore if the will break the confirmation, I'll look for P"A setup for sell position, my targets are the demand below, and the One at the bottom.
After the recent uptrend at the AUDUSD, I'll wait for reversal opportunity,
First thing, I'll wait to see if the price break the confirmation zone, if that Happen, I'll look for P"A setup for sell position, it can be a day trade position,
My first target will be the demand below, and the final target is the demand at the bottom.
After the recent rally at the EURUSD, i'll prefer to look for reversal Opportunity, in the swing and long-term EURUSD is bullish, but if The price will break out the confirmation zone, the momentum will Turn to bearish at the short-term (day trade), therefore if the price Will break the confirmation I'll look for P"A setup for sell position, my first Target is the demand below, and the final target is the demand at the bottom.
Reading The Story Of The Market - Part II - No Supply No Demand
The5%ers Proprietary Trading Fund
The charts are the market’s transcript. It writes the narrative of the everlasting battle between the opposing parties, the buyers, and the sellers. The winner is whoever throws more orders and gets to push the price to his direction of profits.
Learning to read the story of the order-flow allow us to better understand price behavior and
therefore to become better and reasoned traders.
Order flow analysis is a simple yet powerful reading methodology, which explains more about price
movement than any other method and provides better and efficient outcome prediction probability.
Reading The Story Of The Market - Part II - No Supply No Demand
The5%ers Proprietary Trading Fund
The charts are the market’s transcript. It writes the narrative of the everlasting battle between the opposing parties, the buyers, and the sellers. The winner is whoever throws more orders and gets to push the price to his direction of profits.
Learning to read the story of the order-flow allow us to better understand price behavior and
therefore to become better and reasoned traders.
Order flow analysis is a simple yet powerful reading methodology, which explains more about price
movement than any other method and provides better and efficient outcome prediction probability.
Reading The Story Of The Market - Part II - No Supply No Demand
The5%ers Proprietary Trading Fund
The charts are the market’s transcript. It writes the narrative of the everlasting battle between the opposing parties, the buyers, and the sellers. The winner is whoever throws more orders and gets to push the price to his direction of profits.
Learning to read the story of the order-flow allow us to better understand price behavior and
therefore to become better and reasoned traders.
Order flow analysis is a simple yet powerful reading methodology, which explains more about price
movement than any other method and provides better and efficient outcome prediction probability.
It seems that in the swing term the USDCAD has changed from bearish
To bullish, and now there is high probability the price tends to reach the
Supply above, the demand below seems to be a great continuation level
For buy position, therefore if the price will back to this level I'll buy there.
My target will be the supply above.
Trade of the day by The5%ers Prop Fund, and again is K.W from the United States with a great swing trade on USDJPY, earn 177 pips, very accurate entrance, and exit, perfect trade,
well done K.W.
https://www.the5ers.com/blog/337-trade-of-the-day-usdjpy-11-01-18
Reading The Story Of The Market - Part II - No Supply No Demand
The5%ers Proprietary Trading Fund
The charts are the market’s transcript. It writes the narrative of the everlasting battle between the opposing parties, the buyers, and the sellers. The winner is whoever throws more orders and gets to push the price to his direction of profits.
Learning to read the story of the order-flow allow us to better understand price behavior and
therefore to become better and reasoned traders.
Order flow analysis is a simple yet powerful reading methodology, which explains more about price
movement than any other method and provides better and efficient outcome prediction probability.
The demand below us is the one that changes the recent bearish
To bullish, most likely the now tends to reach the supply above,
The demand below is a great continuation level to join this bullish trend if the price retraces there, I'll buy at the demand and my target Will be the supply above.