Using a composite volume profile and setting the bars to significant lows in the last couple of years, you can see that the VPOCs (Volume Point of Control) are almost perfect. By using a hollow Composite Volume Profile in conjunction with a Solid Volume Profile, you can spot-check where low and high volume nodes are on different time-scale profiles. What does...
Hey Rich Friends, One of the greatest features that I have ever stumbled upon on Tradingview was the "Indicator Templates." If you are new to trading and need a simple strategy you can build upon, why not try one that is already built into your chart? In this quick video, I will explain: 1. How to access Indicator Templates 2. 3 simple trading strategies (Bill...
The 1st eight hours of a brand new session has three negatives you should be aware of, which are high spreads, low volume and low liquidity. Same with last four hours of a session, after London session closes and New York is only session open- low liquidity and low volume. These above 12 hours everyday are times- you should not be trading. Forex trading is...
Volume price is my term meaning the average price for a certain traded volume in a certain period of time. As an example, I took the BTCUSD chart To find out at what level the largest volume is traded, there is a tool called "Fixed Volume Profile" FRVP (located on the sidebar, in the Tools for Measurement and Forecasting cell). Here I stretched it for the period...
Hello everyone👋 Today we will discuss how to effectively work with areas of increased liquidity. Actually, it would be appropriate to make this post after we have examined how order flow is formed in the market in order to understand the technical aspect of working with liquidity. Therefore, first, we will provide some introductory information using a long...
Volume is one of the most basic indicators that traders encounter. While it’s regularly overlooked in favour of more sophisticated indicators, volume analysis is a powerful tool that can help traders gauge trends, spot reversals and confirm breakouts. In this article, we’ll discuss the basics of trading volume, how to interpret it, and show you some popular...
I can not say how long this Short will last, because I am currently viewing Order Flow and watching Live to look for clues. But at the very least, if you were scalping, here was a great trade. Buying volume exploded high above the last point of Supply, but price did not. Therefore, we can see there is likely Buying Absorption occuring, as we also have upper...
I was out enjoying myself holding short when this was happening, as I expected lower. I did not get the chance to have a closer look at the volume indicator on Coinbase, which is what I really should have done, as it would have allowed me to buy the bottom. But we all have stuff to do. Now my opinion on the market does not really matter as we have to keep...
Carl Jung, a renowned Swiss psychiatrist and psychoanalyst, introduced the concept of archetypes as universal patterns or symbols that reside in the collective unconscious. Carl Jung's archetypes , rooted in the collective unconscious, offer profound insights into human behavior and decision-making processes. (archetypes example would be the Devil and Angel...
When trading in the financial markets, having the right tools and indicators can make all the difference. Two popular indicators used by traders are VWMA and VWAP, both of which factor volume data into their calculations. But what’s the difference between the two, and which one should you consider using? In this guide, we’ll break down both indicators, show how...
Blue flag showed us the decline of The A/D line, before entering sideways. Sept 30th, showed the lowest price and the lowest OBV line. When price crossed up VWMA (black flag), there was a significant rise of OBV line, while The A/D line was still in sideways mode. Jan 19th, when the price and VWMA are still in the sideways, the A/D line slightly rose up meaning...
There’s a reason why trading volume has been a standard indicator on every piece of charting software over the last 30 years… it provides a crucial edge. Volume provides you with logical insight into the activity of market participants at varying price levels. Volume analysis helps traders to become more reactionary to price movements rather than trying to...
📍What is a volume profile? A Volume Profile is an advanced charting indicator that displays total volume traded at every price level over a user specified time period. 📍Volume Profiles Uses: 🔷 Identify Key Support and Resistance Levels for Setups 🔷 Determine Logical Take Profits and Stop Losses 🔷 Calculate Initial R Multiplier 🔷 Identify Balanced vs...
In our previous blog posts, we explored the importance of volume analysis in understanding indicators that can be used for volume analysis. Today, we'll delve deeper into how combining volume analysis with technical analysis can provide valuable insights for traders and investors alike. We will do so by laying out a strategy that anyone can use that will utilize...
In our last post we discussed how volume plays a crucial role in financial trading, providing insights into the strength of price movements and overall market sentiment. Volume indicators are essential tools for traders, helping them make informed decisions based on market activity. In this blog post, we will dive deep into the world of volume indicators,...
Volume is a crucial component in the world of trading, as it can provide valuable insights into market dynamics and trader sentiment. In this blog post, we will explore the importance of volume in trading, how it can be used to confirm trends and reversals, and the various tools and indicators available to help traders incorporate volume into their analysis. ...
📍 CVD describes the number of contracts bought at the offer minus those sold at the bid. It simply measures the "aggressiveness" of buyers versus sellers. If the sellers are aggressive, they place limit orders instead of market selling and vice versa. CVD is the easiest method to use delta in your trading. 🔹UPTREND EXHAUSTION Price is making new highs but CVD...
In this scenario, I'm using the DMI in conjunction with the AO, & I've tried to pick a reasonable time frame on the days to analyze. I tried to isolate a DMI "Wave" from any DMI (+) or DMI (-) to a next peak/trough. This is to try isolate the market participants and try to capture both their participation in the market. Once located, I take a Volume profile and...