QQQ Order Flow - Selling Exhaustion Leads To Explosive Gains

Hey traders,

QQQ is in an explosive uptrend as the AI narrative reaches fever pitch.

However, as traders, all we care about is to look for long opportunities each and every time there is exhaustion by the sell-side.

These exhaustions, signaled via the DIAMOND pattern, offer an incredible risk-reward... (10% gains on the first print and 5% so far).

With the bullish structure in our favor as indicated via the OFA script, all we need is to wait for the entry trigger as new structures are formed.

Be reminded, when using the OFA script, it comes with highly accurate signals that, at its core, apply 2 main areas of study:

Magnitude: A major clue that will help determine the health of a trend is the type of progress by the dominant side in control of the trend. We need to ask the following question: Are the new legs in the active buy-sell side campaign as identified by the script increasing or decreasing in magnitude?

Velocity: When it comes to the distance the price moves, the magnitude is only ½ the equation. The other ½ has to do with the velocity of the move or the speed. Was the new leg created after a fast and impulsive move? Or did price make a new low or high with the movement being sluggish, compressive and taking too long to form? A good rule of thumb is to count the number of candles it took to achieve a new leg.

DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.