USOIL 31 AUGUST 2020 1145 hrs (SOS clean examples for reference)
That is A LOT of demand/stopping action.
It could not be clearer! Those are what SOS's look like.... Strength = buyers.
SM doesn't just buy and mark up. It is a process. BUT, you can see them preparing for it. You can quite easily see their activity: Buying low right?
Quite a bit has come in so it quite possible that we dont get the spring/fake break out below support.
If you are on robin hood, you can look at the oil stocks. Cant really do quick trades due to the 25K limitation. However, why not start looking at small positions at support or in areas where you can see thier buying.
Pete faders crypto course is also a useful strategy for swing tactics. I am still refining my understanding of the swing/volume technique, but so far its been benifcial with commodities and high volume movers. ( I have no personal association or financial relationship with Pete faders, but his method will elevate your understanding of chart analysis and massive amounts of his method are available for free on youtube))
At the very least, you can track USOIL for training purposes. The volume usually stands out and is very clean/predictable. FX is more challenging IMO.
PM if confused.
It could not be clearer! Those are what SOS's look like.... Strength = buyers.
SM doesn't just buy and mark up. It is a process. BUT, you can see them preparing for it. You can quite easily see their activity: Buying low right?
Quite a bit has come in so it quite possible that we dont get the spring/fake break out below support.
If you are on robin hood, you can look at the oil stocks. Cant really do quick trades due to the 25K limitation. However, why not start looking at small positions at support or in areas where you can see thier buying.
Pete faders crypto course is also a useful strategy for swing tactics. I am still refining my understanding of the swing/volume technique, but so far its been benifcial with commodities and high volume movers. ( I have no personal association or financial relationship with Pete faders, but his method will elevate your understanding of chart analysis and massive amounts of his method are available for free on youtube))
At the very least, you can track USOIL for training purposes. The volume usually stands out and is very clean/predictable. FX is more challenging IMO.
PM if confused.