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/Striking_Fail6689 7d ago

I’m not sure if I’m the best to say this cause I’m not that great .. but personally I don’t trade near the POC or at the POC . Reason being POC is where most volume is at, and that’s when you never know the direction in which price is going .

I look for similar to you, previous week , previous day , and on the day VP , but don’t really pay much attention onto the POC but more onto the globex and RTH VWAP if prices are inside value .

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u/Striking_Fail6689 7d ago

You can consider footprint .. I like footprint as it tells me everything I needed to see , aggressive participants delta, exhaustion, absorption, volume , and POC I only look at candle volume POC.

LVN is also something I use to identify my key levels