Daniel-Malik
Long

USDCAD LONG AFTER RETRACEMENT

FX:USDCAD   U.S. Dollar/Canadian Dollar
1261 30 54
As I mentioned about this trade in my webinar also . Take a long position after this retaracement after watching price action and volume Thanks.

P.S : your likes will motivate me to continue good work on trading view thanks
Comment: Bulls Starts to pull it up
Comment: Just Few pips left to TP 1
Trade closed: target reached: Tp Hit with this trade !! Cheers !!!
Comment: How much of you did this Trade !!
Comment: Those who held the trade, they should have reached TP2, without getting stopped out. Cheers :)
Those who held the trade, they should have reached TP2, without getting stopped out. Cheers :)
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Rocketman PRO Daniel-Malik
I saw your webinar, but I still don't get the way you are using the Weis Wave for volume. If you look at regular volume it does show up in TradingView; hence, my confusion. Now, for stocks...it is simpler. I do have some questions for you though.
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Daniel-Malik Rocketman
I explained in a very simple way how to just take a common overview of the volume indicator. Using it this way is enough to make an educated guess. Dont worry too much about difference of volume bars in different indicators, just pick one and stick to it.
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Rocketman PRO Daniel-Malik
snapshot
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Rocketman PRO Rocketman
I made a mistake.. I put "blogger" in the chart, but what I meant to saw is, "volume is longer." I was very tired...looking at so many charts with the Weis Wave and I just cannot get it at all.
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Daniel-Malik Rocketman
I suggest you look into my recent NZDUSD chart, you may get the understanding further.
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Rocketman PRO Daniel-Malik
ok
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Rocketman PRO Daniel-Malik
I think I got it now. Thanks!!!!
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Rocketman PRO Daniel-Malik
Here I am trying really hard to compare and contrast and understand how I can use this, but I just cannot yet see the consistency yet. I am very depressed and frustrated now!! hahaha!!
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Daniel-Malik Rocketman
You are having the same trouble which a majority gets while trying to compare two different volume meters. In webinar, i told that volume, combined with price actin i.e. Supply and demand zones then gives a true picture. In my example price was in the middle so volume mattered a lot. In your chart, the low volume/high candle are on the verges, so definitely there, the price action counts more. Volume alone can not be used to make a full picture.
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