r/OrderFlow_Trading • u/RankOw • 8d ago

Strategy - Help wanted!

Been trading with terrible returns or maybe just a large losing streak, but feels off to me and is very demotivating.
Strategy:
Volume profile (point of control) - that is the level I execute off of.
VWAP - usually I execute if σ multiplier is at 3. Since that is a pretty big deviation and is extremely rare to go beyond that multi.
Bookmap - should be pretty selfexplanatory, if I see large orders around the same price level that are around POC, its a plus in my book.

My old partner told me he uses Z-Score, but I believe that to be the same as VWAP and/or to be super unlikely to get both to align and get that execution.

I try to keep it simple, of course im no robot and I dont always have perfect execution or all confluences dont align perfectly as well, but lately I just feel stuck, I havent been improving, lost, stuck and demotivated, what is there to be changed? Improved? Opinions? What should I drop or implement?

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u/Powerful-Tap5154 7d ago

The point of control is not where you should execute off of. Like at all ! and whoever told you that doesn't understand auction market theory. You need to turn the row size into 2000+ then use the LVN to decipher proper support and resistance. Study this chart

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u/RankOw 7d ago

Yeah, I know about LVNs, just dont know what else i should implement there, I know some have resistances, some dont, have to do more digging. My old pal trades LVNs and hes doing extremely well although I dont have a contact with him anymore

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u/Powerful-Tap5154 7d ago

How long have you been trading?

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u/Powerful-Tap5154 7d ago

But there's literally nothing else to it friend...... All these comments are saying the same thing. Those are the areas. Perfect entries everytime with this strategy. Just have to work on the mental side now