Hello, traders! Today we're going to discuss an important technical analysis technique that can help you spot potential trend reversals - the Shortening of Thrust (SOT). This method can be a game changer for new and experienced traders alike. Let's dive in! 🔎 What is Shortening of Thrust (SOT)? Shortening of Thrust (SOT) is a technique used to identify...
Was UBS a great buy last week, watch this and understand what really moves price, and its not the news, its the "Smart Money"!
The simplicity of this indicator is REALLY what has me gassed up. It's the smallest indicator I have coded but it is just so powerful. There are a million oscillators out there based on volume. My biggest problem with them is that they simply tell you whether you have volume to the upside or volume to the down side. It kind of tricks you with the lack of...
In this video I am presenting the approach of identify and trade incoming supply and demand signals, as a modification of VSA methodology. I explain more also about importance of spotting places, where unusual high volume takes place. Enjoy!
My personal early entry on oil .. -Long after showing the SOS. -Long at pullback after break of the creek.
Pay attention to the phases and letter designations on the graph that I showed on the ADA / BTC pair. (Cardano). A diagram of the accumulation phases is shown. Which are relevant for trading now. Several trading methods are combined on the chart: 1) Trading by the Wyckoff method. 2) Trade in horizontal channels. 3) Trade from important areas (price reversal...
Very often the main issue for traders is to just on time (quickly?) spot on chart correct patterns that may warn traders about incoming to market Supply or Demand. Everyone tries to catch reversals as this is beginning of potentially long new trend. And asking yourself try to answer honestly to yourself - how often you skipped the move because you didn't notice it...
I thought to teach you a really simple concept, but that is often overlooked by beginners and experienced traders. As you can appreciate from the chart different bars and zones has different volume. Also, a more experienced eye can analyse the spread of the candle and closes to gain different information, but this will be the topic of future webinars and...
Wanted to share this to those in need of understanding.
In this video, I talk about how to utilize volume analysis combined with harmonic patterns. I also talk about how I will trade the Audusd next week, alot depends on this critical trendline which I will talk in detail in the video. Hope you guys enjoy it, wish all of you good luck and good trading!
Check out my video on how to identify support & resistance and other key levels to prepare for day trading session. I am using S&P 500 futures CME_MINI:ES1! as examples to prepare for trading session on 16 & 17 Apr 2020 (Thurs, Fri). Key levels I pay attention to: Previous day high Previous day low non-Regular Trading Hours (RTH) high non-RTH low Swing...
8 Apr 2020 recap - S&P500 e-mini futures CME_MINI:ES1! had a strong rally up and closed near the high around 2750. The strong price action has totally ignored the bearish tone set in 7 Apr 2020, where ES was up more than more than 3% but closed down on the day. In 2008, similar situation had happened a few times, such as on 3, 14, 17 Oct 2008. Every times...
7 Apr 2020 recap - S&P500 e-mini futures (ES) tested the target around 2700-2770 yesterday and had an up thrust movement on level 2700 before closing below 2650, as per my trading idea yesterday. It had a great run-up during the non regular trading hours (RTH). However, weakness did show up during the US session. ES was rejected from the target 2700-2770 with...
6 Apr 2020 recap - S&P500 e-mini futures (ES) had a great rally to take out the immediate resistance at 2525 during the non-Regular Trading Hour (RTH) and to further commit above 2600-2635 during the RTH. Since ES broke out the trading range between 2440-2630, it is expected to test the higher target at 2700-2770. It is worth noting that the upside target at...
3 Apr 2020 recap - ES did rally to level 2525 and was rejected again. In smaller time frame (M1, M3), it did provide great short entry after the up thrust of the level. However, ES only managed to test 2450 and bounced up from there. The low volume without aggressive demand caused ES to drift down. Should ES still stuck below 2525, it should break down to test...
2 Apr 2020 recap - Although yesterday was a bullish day, the character does not confirm this. It started with ugly numbers of jobless claims, which drove ES down to spring the low (around 2433) of the previous day followed by a rally up to test 2525 thanks to a spike up in crude oil. It was highlighted in M15 chart that the 2 candles tested the 2525 level has...
1 Apr 2020 recap - Major movement of ES happened during non-RTH. Level 2450 was tested from the last 4 H1 bars and defended eventually. The last hour bar did spring the prior swing low and form a demand tail. The magnitude of the down move might be significant but without aggressive supply. Daily volume is slightly lower than the previous day (31 Mar 2020)....
27 Mar 2020 - last hour sell off with big spread looks threatening. Yet, it still formed a higher low and within the H1 up channel. Expect a test of the bearish last hour bar during non-RTH on Monday. A break of the up channel and 2500 should send ES to test 2400-2450. Overall H1 structure - potential up thrust of 2550 level followed by a test (last hour bar...