Volume analysis is a vital advantage to us traders, it helps every type of trader, from day traders like us all the way to swing and trend traders. Volume analysis helps us see where key levels are and what type of market sentiment we might have, bullish or bearish! This video specifically focuses only on the POC, we will make a second video detailing all the...
I got smoked shorting the MNQ today. And it was avoidable. The MNQ1! and the MES1! were flashing warning signs since the Sunday open to NOT fade the move. I stayed off the sell side for the opening 30 minute candle, but then got sucked in at a level. The entry was a violation of one of the Golden Rules of Range Trading - STAY AWAY from Outside Days! In this...
Let's look at some key levels to identify before each trading session, especially when trading around the clock markets like futures. Before the cash session bell, what are the prices for the following levels? Prior Session High/Low Overnight High/Low Developing Value Area High/Low And then, at 8:30a ET, is price above or below the prior session high or low? ...
In this first in a 5 Part Video Idea Series, I cover the cleanest volume profile distribution that I've named the "Indian Arrow." This profile is best suited to support and resistance levels, and mean reversion trading within well establish channels. Key Concepts: 1) Volume at price is very different from typical volume over time. 2) Be sure to read the Help...