New to Orderflow – Rate my strategy

Hey everyone, as the title says, i’ve just recently started learning about Orderflow, Auction Market Theory, Wyckoff, etc. I have been trading for roughly 3 years, but i’m still very unsure of whats good and bad in Orderflow. I trade MNQ on the 5 minute chart, please give feedback about my strategy.

Liquidity Sweep (From best to worst)

  1. Price breaks Yesterday VAH/VAL [VPVR] – after 09:30
  2. 09:00-10:00 candle CRT High/Low
  3. Price breaks Today VAH/VAL [VPVR] – after 09:30

Trap

  • Wyckoff phase C = Price swept the liquidity but stalls
  • Bookmap large red line swept and price stalls after

Entry (All are individual confluences) (From best to worst)

  1. Volumetric Bar Statistics visible absoprtion (For Long: Min delta is large but candle moved upwards / For Shorts: Max Delta is large but candle moved downwards) (This is my entry alert)
  2. – Cumulative Volume Delta Divergence with the candles (This needs to occur for a setup to be valid)
  3. – Delta flip from one side to the other (On the absorption candle to confirm direction change)

Targets (Strongest to weakest)

  1. VAH/VAL
  2. Point of Control
  3. VWAP and Standard Deviation Levels of VWAP

RULES:

  • No trades before 09:30, and Liquidity sweeps don’t count as points before NY open
  • Volume profile morphology for daily bias and alert
  • No timeframe hunting for CVD Divergence – sticking to 5m
  • Momentum is NOT Absorption and don’t FOMO into trades because of it
  • CVD Divergence is mandatory
  • Stoploss around 10-20 points away always (Roughly 1:5 Risk to reward)
  • If a trade stalls or shows more rejection/absorption constantly then exit early

submitted by /u/Heronic35 to r/OrderFlow_Trading
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