Thread: Fugazi - Order Flow hot data

eurusd gbpusd usdjpy audusd nzdusd usdcad order board

What Is Price Action In this Essay I'm going to talk about Price Charts. Let's face itall traders love charts. Even if the best traders in the world could work off a quote plank (as Linda Raschke says), they'll glance at a chart or two today again. What do charts exhibit? What's the usefulness of charts? And why are we speaking about charts within an plogy article? Read along to find out.

http://www.fxstreet.com/eduion/marke...et/2014/07/10/

Ole Jupa did it again! http://www.orderflowtrading.com/Fore...pecialize.aspx

Weekly Forex Report by Swissquote
https://forexintuitive.com/attachmen...1385431767.pdf

Sentiment change in http://www.orderflowtrading.com/Port.../ScotiaCOT.pdf

eurusd gbpusd usdjpy orderboard

The COT report is a sentiment indior that is really useful but overlooked. The way we use it at OrderFlowTrading helps us attain a longer term perspective on major funding flows, in addition to a read on how overextended particular markets may be. It is part of a bigger arsenal of sentiment indiors we use.
Recent advancements: DXY: Specs still long and 80.00 holding, though we had an inside week. Amongst the comm-dolls, CAD has witnessed inflows vs. AUD which saw small outflows. Amongst European FX, we watched outflows of funds last week. Euro remains feeble. Amongst Safe-Haven FX, there's been JPY selling noticed. CHF stable. Interest is lowest at EUR and greatest in GBP. Most crowded trades: AUD(FX), Crude (Commodities).
Comments Most Fascinating Charts
- The AUD remains registering an intense long belief situation and the percent Long has increased 8% last week, thus supporting the case for some profit taking. Whilst we're still in a range, it might pay off to seem also to a crosses for possible opportunities. AUDJPY is looking interesting for example.
Http://www.orderflowtrading.com/Port...e002_thumb.png
AUDJPY Weekly Chart
CAD bulls continued to show their strength last week, until Friday's change. The price action is every bit as interesting on USDCAD and CADJPY, indiing an expected profit taking situation and a few continuation for USDCAD longs and CADJPY shorts.
Http://www.orderflowtrading.com/Port...e004_thumb.png
CADJPY Weekly chart
Gold has continued to rise past week but the extended long sentiment, together with all the crowdedness of this transaction, supports the case for some profit taking. Price action is still not present to confirm this hypothesis however. We must wait and watch.http://www.orderflowtrading.com/Port...e006_thumb.png
Gold Weekly chart
In other news:
ZB has turned into a short stance last week; however the price action into the near has been powerful and has likely ified this change. We shall track ZB anyways as it's the first reverse short since December 2013.
To sum up: watch AUDUSD/AUDJPY, USDCAD/CADJPY and Gold this week for possible opportunities.

Orderflow Game Plan for the Week of July 14th, 2014
In this weekly report, we will attempt to direct our focus to the currency pairs and resources which are likely to offer trading opportunities throughout the upcoming week, based on a blend of opinion, orderflow and price action analysis.
On the docket for this week

Have a peek at http://www.orderflowtrading.com/Fore...tCalendar.aspx, we could observe the more important news events for the week. For the coming week the main events are:
Monday: (Sunday = NZD PSI -- bullish expectations) EU Ind.Prod. (bearish expectations)
Tuesday: AUD RBA Minutes, JPN BOJ Decision, UK CPI (bearish expectations), GER EU ZEW, US Retail Sales Empire State (bullish expectations), NZD CPI (bearish expectations)
Wednesday: CNY Retail Revenue Ind.. Prod. GDP, UK Unemployment (bullish expectations), EU Trade Balance, US PPI TIC Flows Ind.. Prod. Manuf. Prod. Beige Book, CAD BOC Conclusion
Thursday: EU CPI, US Housing Starts Jobless Claims Construction Permits Philly Fed
Friday: EU Current Account (bearish expectations), CAD CPI (bearish expectations), US UoM Major Index (bearish expectations)
Strong vs. Weak
Taking a Look at the CME FX futures market, we could observe thatXY has closed last week with a neutral yet favorable stance, discovering bids about 80. There have been very few clues a week, with most pairs chopping around. Many pairs are at the top end of the tendencies and without some decisive bullish action it's not secure to step into these adult tendencies. So for the very first time this season, the Game Plan is to wait and watch for additional clues. Simply brand new bias is bearish CAD, so we can search for chances on USDCAD and/or CADJPY. To understand more about strong vs. weak, be sure to check out the heatmaps here in the news feed

Sentiment Analysis on relevant assets
Summer doldrums are here and if things continue in the same manner as a week, it may be a dull summer. But what can we expect for the near future? In the short term, investors are going to have a good look at expansion expectations, earnings and monetary policy (in the US most importantly), and changes to the geopolitical front. In the long run, they will try to comprehend what a surroundings would imply for markets. Lower expansion would also be stable; a related collapse in economic uncertainty would donate to a low-volatility regime in global financial markets; ever abundant savings relative to investments would warrant lower for longer rates.
USD: sentiment is neutral with a bullish accent. Save the date. And the focus is on the rate hike. But stop trafficthe minutes clearly said that Fed members didn't talk about the possibility of upside risks on the inflation outlook. Their main concern remains the high level of slack on the labor market. Fed Chair Yellen's semi-annual Monetary Policy Report, scheduled to be delivered to Congress, isn't anticipated to cover new ground to the policy standpoint. So this week's motorists are going to be in different information prints.
CAD: sentiment is negative. Friday's surprise employment contraction sent the Looney lower across the board. Unemployment ticked up 0.1% to 7.1 percent. The BOC will soon be meeting this week plus Poloz will be more dovish/cautious, which might drive the Looney much lower.
Euro: sentiment is negative. Regardless of the latest easing in risk appetite, the EUR has remained remarkably stable in yesteryear. Expect more of the same. Ewald Nowotny reiterated last week that there's no demand for further policy action in the not too distant future. Draghi's speech in the Rs hearing before the committee on economic and financial events of the European Parliament will attract attention this week, but he is unlikely to provide new insights. All of the above suggests the EUR will be driven by external factors, such as the Fed's monetary policy expectations and global risk sentiment.
AUD: sentiment is positive. RBA moments (Tuesday), Chinese action, Iron Ore prices will be the main events to see. The trend in the Aussie is powerful but the elongated range informs us that unless we get some surprising new drivers, this new tendency could provide way to profit taking.


For upgrades on sentiment as it progresses throughout the week, stay active in our

To sum up: best looking charts comments
http://www.orderflowtrading.com/Port...e002_thumb.png
USDCAD -- Fresh bullish momentum noted
http://www.orderflowtrading.com/Port...e004_thumb.png
CADJPY -- a different worth watching to play CAD weakness


it is a difficult challenge to combine sentiment, price action, technical analysis, and fundamental analysis all together to turn these thoughts into to actionable order flow trade thoughts. If you still find yourself fighting in that regard, it may be time for
As always, fantastic luck out there!