Basic Principles of Trading a Balanced Node
Rule 1: Unless the price breaks and holds Value High or Value Low we should expect buyers and sellers to maintain the current balance.
Rule 2: If we break and re-bid from Period Value High we should treat that level as supportive until it is reclaimed ( buy-side acceptance outside of balance)
Rule 3: If we...
Welcome, traders! In this guide, we'll explore a tool that can significantly enhance your trading skills - the Volume Range Profile. You'll learn how to use it to identify key support and resistance levels, trend reversals, and execute successful trades. 📊💹
Key Learning Points:
Understanding Volume Range Profile:
The Volume Range Profile is a tool that displays...
I can say that Fixed Range Volume Profile is strong tool to determine targets and stop loss, POC point of control as per my research represent a central price and bar close price is turning around it, so when you assign take profit and stop loss as per it, you reduce the risk and have a plan B to manage your trade.
as you see in above chart for BTCUSD, we have...
Introduction: Anchoring in Unfamiliar Waters
Raise the Jolly Roger, folks! We’re setting sail into unexplored waters today. The stock market can be as unpredictable as the seven seas, and every now and then, you need a little treasure map to help navigate through the tempest. Virgin Points of Control, or VPOCs, are like the hidden coves full of buried treasure....
📍Auction Market Theory, developed by J. Peter Steidlmayer and expanded upon by Jim Dalton in his book Mind Over Markets, explains how financial markets function as auctions where buyers and sellers interact. The theory focuses on two main objectives: facilitating trade through a two-way auction process and determining the fair value of assets. Supply and demand...
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...
there was 3 setup for intraday trading
first one after seeing rejection of imbalances ( high risk until we entered the Value again ) take profit @ POC or VAL
second one after seeing rejection of VAL ( this one was most valid setup of the day , we rejected imbalances and VAL at the same time , there were clear signs in the footprint ) take profit @ VWAP or POC...
Volume Profile is a tool that shows how much volume (i.e. the number of trades) is happening at different price levels for a given asset.
It is used by traders to analyze order flow and make inferences about market direction, support and resistance, and potential reversal areas.
The patterns in a Volume Profile may appear random at first glance, but there are...
Disclaimer: Not Financial Advice
Using The Volume Profile as a tool for my Nava Imbalance Strategy, I have made 99% ROI time and time again!
1. How I Use Volume Profile Tool
(From Last Major Swing To Present)
Blue Lines = Immediate Support/Resistance (Range)
- Best entry ZONES, Area to WAIT for BUY SETUPS
- Best to wait for price to pass sup/res lines and...
Price Action by itself is a penetrating weapon when it comes to trading Successfully. Having it combined with volume profile gives you an extra edge over others. More precise entries plus better Stop Loss Placement.
We will begin by identifying the important demand and supply zones using variations of price action patterns and structures. then once those areas...
This video was a short synthesis of my swing trading approach. For the amount of information I presented, I'm not expecting to successfully being able to convey my means and ways in one short video, but I'm glad if I could at least show a different perspective.
Some important things I forgot to mention:
- The tolerance for identifying a visual weak liquidity...
