Littlefish FX Analysts
Littlefish FX
What Is It?
A combined suite of three sophisticated order flow indicators which can be used both together and individually, offering a superior bank-level view of the markets.
What It Does
- Allows you to analyse order flow in a number of ways via effective visual aids plotted automatically on your charts.
- Volume profile: Highlights key order zones in the market including low value areas, high value areas and areas where the most orders were placed in that session creating a map of orders in the market.
- Delta Book & Pressure: Gives powerful analysis of strength and flow of orders in the market with speed showing the speed of transactions being processed at any one time and book pressure looking at the net difference between buying and selling strength as well as the difference between volume traded at bid price and volume traded at ask prices.
- VWAP: Plots the Volume Weighted Average Price of the instrument by taking the Dollar value of all trading periods and then dividing by the total trading volume for the current session. The indicator also plots standard deviations around the average.
Best Thing About It
- Volume profile can be used on a Daily, Weekly & Monthly setting allowing opportunity for order flow trading across all time-frames from important monthly levels right down to key intraday areas. These key order zones work as powerful levels for support & resistance
- Delta Book & Pressure are extremely sophisticated indicators offering powerful intraday trading advantages for capturing breakouts, trend continuation and reversals.
- VWAP can be used across all time frames and is extremely effective in both trending and range-bound markets with retracement to the VWAP providing trend continuation entries and standard deviation levels offering key support and resistance levels
What Does It Look Like?
The Suite Has Three Key Elements To It
1 – The horizontal grey,blue and red bars along the left hand side of the chart is the Volume Profile indicator
2 – The coloured bands surrounding price, with a green/red line intersecting, is the VWAP indicator
3 – The two panels in the bottom of the chart show Delta book pressure (bottom panel) and Delta speed (top panel)
All comments, charts and analysis on this website are purely provided to demonstrate our own personal thoughts and views of the market and should in no way be treated as recommendations or advice. Please do not trade based solely on any information provided within this site, always do your own analysis.
Editors’ Picks
EUR/USD steadies above 1.0600, awaits German ZEW and Powell speech
EUR/USD is holding above 1.0600 in the European morning on Tuesday, having hit fresh five-month lows. The pair draws support from sluggish US Treasury bond yields but the rebound appears capped amid a stronger US Dollar and risk-aversion. Germany's ZEW survey and Powell awaited.
GBP/USD slides to its lowest level since November, eyes 1.2400 ahead of UK jobs data
GBP/USD drifts lower for the third straight day on Tuesday and drops to its lowest level since November 17 during the Asian session. Spot prices trade around the 1.2420 region as traders now look to the UK monthly employment details for a fresh impetus.
USD/JPY stands tall near multi-decade high near 154.50
USD/JPY keeps its range near multi-decade highs of 154.45 in the Asian session on Tuesday. The hawkish Fed expectations overshadow the BoJ's uncertain rate outlook and underpin the US Dollar at the Japanese Yen's expense. The pair stands resilient to the Japanese verbal intervention.
Editors’ Picks
GBP/USD slides to its lowest level since November, eyes 1.2400 ahead of UK jobs data
GBP/USD drifts lower for the third straight day on Tuesday and drops to its lowest level since November 17 during the Asian session. Spot prices trade around the 1.2420 region as traders now look to the UK monthly employment details for a fresh impetus.
EUR/USD steadies above 1.0600, awaits German ZEW and Powell speech
EUR/USD is holding above 1.0600 in the European morning on Tuesday, having hit fresh five-month lows. The pair draws support from sluggish US Treasury bond yields but the rebound appears capped amid a stronger US Dollar and risk-aversion. Germany's ZEW survey and Powell awaited.
Gold price holds steady below $2,400 mark, bullish potential seems intact
Gold price oscillates in a narrow band on Tuesday and remains close to the all-time peak. The worsening Middle East crisis weighs on investors’ sentiment and benefits the metal. Reduced Fed rate cut bets lift the USD to a fresh YTD top and cap gains for the XAU/USD.
SOL primed for a breakout as it completes a rounding bottom pattern
Solana price has conformed to the broader market crash, following in the steps of Bitcoin price that remains in the red below the $65,000 threshold. For SOL, however, the sensational altcoin could have a big move in store.
Key economic and earnings releases to watch
The market’s focus may be on geopolitical issues at the start of this week, but there is a large amount of economic data and more earnings releases to digest in the coming days.
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