Speaker A
All right, folks, welcome back. This is episode number eight, applying institutional order flow to forex markets. All right, folks, welcome back. Taking a look at TradingView, and I promise this is going to be a really short one tonight.
Episode 8 explores applying institutional order flow concepts to forex markets using TradingView data and practical chart analysis.
Ask about this video. Answers come from its transcript only — with the timestamp, so you can check them.
Generated from the transcript and can be wrong — check the timestamp.
Key Takeaways
- Use daily charts for higher time frame institutional order flow analysis in forex.
- Identify relative equal lows and buy-side liquidity zones to anticipate market moves.
- Avoid Yen pairs if you prefer more predictable price action due to their volatile nature.
- Focus on key trading sessions, especially New York and London, for optimal trade setups.
- Fair value gaps and price structure breaks on lower time frames confirm trade entries.
What the video covers
- The episode focuses on applying institutional order flow concepts specifically to forex markets using TradingView with Forex.com data feed.
- Daily charts are emphasized for higher time frame analysis, with examples using Euro and Euro Yen pairs.
- The presenter explains the concept of relative equal lows and buy-side liquidity as key markers for trade setups.
- Reasons for disliking Yen pairs are discussed, including their tendency for double failure swings and unpredictable moves.
- Price structure and fair value gaps are analyzed from daily down to 5-minute charts to identify trade opportunities.
- The importance of timing, particularly New York session and London session times, is highlighted for effective trading.
- The 'ICT kill zone' around 10 AM New York time is identified as a critical period for market moves.
- The presenter encourages viewers to use the provided methods without needing additional paid courses or subscriptions.
- Visual aids like rectangles and vertical lines are used to mark key price levels and time zones for clarity.
- The episode aims to provide a practical, quick, and actionable approach to institutional order flow trading in forex.
Chapters
- 00:00Introduction to Institutional Order Flow in Forex
- 01:06Using Daily Charts and Data Feeds
- 02:05Identifying Relative Equal Lows and Buy Side Liquidity
- 03:40Why Avoid Yen Pairs in Trading
- 04:24Marking Price Structure and Fair Value Gaps
- 05:58Analyzing Market Moves on Lower Time Frames
- 07:26Trading Sessions and Timing Importance
- 10:43Summary and Practical Trading Advice
Full Transcript — Download SRT & Markdown
Speaker A
um let's go to euro and whenever i'm looking at data from trading view this is the data feed i use for forex pairs only forex.com i don't want definitely not them all right so we have the daily chart up
Speaker A
Um, let's go to Euro. And whenever I'm looking at data from TradingView, this is the data feed I use for forex pairs, only Forex.com. I definitely don't want, definitely not them. All right, so we have the daily chart up.
Speaker A
comments section that you don't get to see but it's really just for me i get a lot of requests whether or not this is appropriate to be using for higher time frame charts and i think daily charts are
Speaker A
For Euro Yen, just so you know, I hate the Yen pairs. I can't stand them, but for the sake of completeness, this is how you would look for these types of patterns in forex. Now, I have lots of feedback in the
Speaker A
relative equal lows over you see that it's gonna go quick and dirty tonight right and dirty all right so we have relative equal lows marked out over here the market has traded down through and created a run higher
Speaker A
comments section that you don't get to see, but it's really just for me. I get a lot of requests whether or not this is appropriate to be using for higher time frame charts, and I think daily charts are
Speaker A
return to a specific level i like to see and you're going to see it right here okay swing high the market rallies through that there's no fair value out there it drops back down in then it runs again taking out this
Speaker A
what everyone classifies as a higher, higher time frame chart. So I want you to take a look at Shark Fry. Do any mock-up on it. Pause the video if you're not ready. Still don't pause it to you. All right, take a look at the
Speaker A
well we have one and two market trades down into it here sends it higher what's above here buy side liquidity this old high back here could be a draw on liquidity as well so there's gonna be buy stops whether it trades there or not
Speaker A
relative equal lows over. You see that? It's gonna go quick and dirty tonight, right? Quick and dirty. All right, so we have relative equal lows marked out over here. The market has traded down through and created a run higher.
Speaker A
you're aiming at that post whether you hit that post or not and this would be like the post in the game playing horseshoes you're just aiming for it now obviously we started trading a new day here but this candle which was the
Speaker A
Now, here is why I do not like the Yen pairs. Okay, I get questions all the time, why don't you like Yen pairs? They move around nice, they do this, they do that. They tend to have like a double
Speaker A
failure swing to get above old highs if there's enough range from being right here at the open to reaching up to here that's enough to take a stab at it and see if you're going to get any kind of
Speaker A
return to a specific level. I like to see, and you're going to see it right here, okay? Swing high, the market rallies through that. There's no fair value out there. It drops back down in, then it runs again, taking out this
Speaker A
and we're going to mark up our chart midnight new york time rocket rallies in here yeah and then we go into the new york session right here so we're going to go into this price structure and fair it out
Speaker A
swing high. So we have two points of market structure that have moved to the upside in order. Its price is traded above it. Now, this leg here, you want to go back through that and see, is there a fair value gap?
Speaker A
this is the reason why it makes it a lot easier to go right to what i'm looking for all right we're gonna drop down to a five minute chart okay and if you take a look at seven o'clock in the morning
Speaker A
Well, we have one, and two. Market trades down into it here, sends it higher. What's above here? Buy side liquidity. This old high back here could be a draw on liquidity as well. So there's gonna be buy stops, whether it trades there or not.
Speaker A
topics and things you can explore i don't want to beat it to death because i've already done in other places but just know that seven o'clock in the morning 10 o'clock in the morning new york time again on trading view you need to have it
Speaker A
It's irrelevant. Okay, it's likely to draw to it, just like, you know, playing horseshoes. You play the game horseshoes. Not every single time you throw a horseshoe is it going to go on that post, but it's still fun to play, right? So
Speaker A
that and then punches higher right above this swing high inside this price like right here is there a fair value gap we're going to start breaking it down top down from five minute top down we're gonna break it down from the five
Speaker A
you're aiming at that post, whether you hit that post or not. And this would be like the post in the game playing horseshoes. You're just aiming for it. Now, obviously, we started trading a new day here, but this candle, which was the
Speaker A
take out a swing low yes we trade down below swing low does it take out a swing high here yes it does so now we have a valid condition to see if there's a trade go back through this price leg
Speaker A
10th of February 2022, this daily candle, we could trust that this was likely to go higher because we went up, we've consolidated, and then start another run into this high here. Again, whether it trades through it or not, it's irrelevant. Okay, because even a
Speaker A
and that's what we have here trace that to it there now the question is going to be is how far will it trade to because we're not looking at anything over here because a middle of the range type idea so for
Speaker A
failure swing to get above old highs, if there's enough range from being right here at the open to reaching up to here, that's enough to take a stab at it and see if you're going to get any kind of
Speaker A
old high is over here now i'm sure if we went to a hard time frame keep looking to the left we'll find something but a real easy way is to take your price leg over here see this swing low break
Speaker A
yield. So that's an example of it occurring on a daily chart, but I want to go into this very day right there, okay, the 10th. So we're going to drop down into a 15-minute time frame. All right, here's a 15-minute time frame.
Speaker A
let go of my and anchor it to a previous swing okay so from this low that is high after we leave this consolidation it starts to trade higher um standard deviation negative one and i got a lot of questions you know
Speaker A
And we're going to mark up our chart. Midnight New York time, rocket rallies in here, yeah, and then we go into the New York session right here. So we're going to go into this price structure and fair it out,
Speaker A
15 and three so right to the right to the point that you'd be looking for and then we've seen it received from that okay so obviously when i show example like this makes me want to trade me in
Speaker A
the run that occurred in here. So I'm going to put a rectangle in this area so that way we know what we're looking at relative to this 15-minute time frame. You guys ask why I do PowerPoint slides.
Speaker A
a quick view of what you could do with these markets using the model okay there is a approach that you can use with the london session okay and london would be marking up your vertical lines relative to new york local time two
Speaker A
This is the reason why. It makes it a lot easier to go right to what I'm looking for. All right, we're gonna drop down to a five-minute chart. Okay, and if you take a look at seven o'clock in the morning,
Speaker A
you would look for setups that would provide you a way to trade a fair value gap between two o'clock in the morning and five o'clock in the morning okay and that's as easy as i can make it for you
Speaker A
10 o'clock in the morning, that's your New York ICT kill zone. Okay, that's the time of day that New York session trades form. I have more information in that regard for time of day for forex in this channel. I said lots of videos, lots of
Speaker A
about the stock indices so i got a lot of requests for 4x so here you go it's simply applying what you've been trained with the futures indices but just applying it to the forex market but applying it to the time of day relative
Speaker A
topics and things you can explore. I don't want to beat it to death because I've already done it in other places, but just know that seven o'clock in the morning to 10 o'clock in the morning New York time, again on TradingView you need to have it
Speaker A
being new york open which is what's being shown here seven o'clock tomorrow ten o'clock in the morning new york local time again always i can't say it enough because if you don't do this and you just have it set to your local
Speaker A
toggled to that. Everything else, it'll be wrong. All right, so here is the time of day at the forming of a New York setup forms. All right, so we have the market trading down, takes out a swing low, trades down below
Speaker A
going higher you can also check it by going to let's go to daily chart first and you can go to 6e which is euro futures and let us use the front month continuous okay you can see how euro
Speaker A
that, and then punches higher right above this swing high inside this price. Like right here, is there a fair value gap? We're going to start breaking it down top down from five-minute top down. We're gonna break it down from the five
Speaker A
so euro yen euro is strong yen is weak so what would that mean for euro yen it would mean that if your bias is bullish and you have this underpinning between euro and yen it's going to make this pair go higher
Speaker A
minute down to the one-minute chart. So from this low up to this high, right in there, that's what we're gonna study on each new time frame. So I'll go down to three minutes. Okay, so in this price leg here, do we
Speaker A
and you won't need to do anything else you don't need to buy a subscription to anybody's services you don't need to learn anything else you don't have to buy any courses it's all right here for free and it works
Speaker A
take out a swing low? Yes. We trade down below swing low. Does it take out a swing high here? Yes, it does. So now we have a valid condition to see if there's a trade. Go back through this price leg.
Topics:institutional order flowforex tradingTradingViewForex.com data feeddaily chart analysisrelative equal lowsbuy side liquidityfair value gapNew York sessionLondon session
