In the current trading, intraday a trader needs to clearly understand which side high money belong to and what manipulations it carries out on the market . The principle is quite simple: the market maker always works against the crowd, because he is forced to reach his volume at the expense of smaller players.
Understanding of actions of high money is a key to a successful and stable trade. It is possible to trace actions of "smart money" on the market with high probability, synthesizing volumes of different levels and VSA signals among themselves. See how it works through the example of sag of the currency pair EUR / USD and the currency futures of euro, 6E (an example from current trading).
Covering of long positions (purchases) began yesterday at the peak, but no aggressive sales have been noticed on the market yet. Therefore, in my view, the potential of bullish momentum maintains, although the movement is expected to be more inertial. Bearish scenario is considered only lower than 1.3400 with the appearance of aggressive selling pressure. Or the second option - selling from high today, which is quite logical. In that case bears receive a better price, but the problem is that this maximum is not formed yet and where it will be formed depends on the market only. The immediate goal is a mark 1.3530 - the volume of last week.
Summary: there is a sense to cover a part of the profit at current prices. Short purchases-refillings are possible on a small lot with the appearance of signals tips. Selling just below 1.3400 under push sellers. It is possible to make shorts from the high of the day but according to situation: it is necessary to draw high and then agressive bears are appeared near 1.3530.
Synthesis of volumes from various levels gives us an understanding of the background and intentions of hign money, and also shows market participants' mood and key levels where market orders have been accumulated.
