USDJPY Long position analysis.In my opinion that Huge bearish candle with high volume means that market is pushing the price dow to that specified level and I think it's good opportunity for going long.
if the price has come to this level you can wait for a change of character in 1 minute time frame for more confirmation about this trade.
Let's see what will happen...
Volumetrading
Audusd short position analysisAs we have CHoCH, now we should look for a pull back to sell and I think this area has its potential to enter a short position.
For more confirmation: after the price has come to this level, you can wait for a CHoCH in 1min TF and then go short.
Let's see what will happen...
WTIUSD short position analysisIn weekly TF we have a CHoCH to the up.
In daily TF we're in the pull back of the weekly TF, so we're in a down trend.
In 4H TF we had a BOS of previous low and now we're in a pull back to the up.
I think these two areas have the most potential to go short.
We can set sell limit orders but for more confirmation we can wait for a CHoCH in lower TF(Like 5min TF) and then dive into it ;)
Let see what will happen...
Good luck.
INPX is our volume mover of the day with a trigger around $2Based on cycle theory and volume bottom bounce we should see a move on this stock at around $2.00 Maybe less. I have my alert set I will let you know when it goes off.
by iCantw84it
01/25/23
Trading with Volume profile 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 or VAH or even finding new values at higher prices
third one was after breaking of VAH and retesting it ( usually u shouldn't enter at breakouts , cause it might be just liquidity hunt . u should wait for retest of breaking point ) take profit @ new values at higher prices
i usually dont like break out trades , but there was another opportunity after seeing absorption behind the vwap .
Bull Bear Power Void - With trending background
To get this indicator on your charts (remove the old one from your favs and your chart if you have it already)
otherwise just go to this link and add it
Welcome to the coffee shop everybody in this video I am discussing the new changes to the bullet bear power void. There have been some changes to the coding because I did see your messages discussing that it was difficult to see the trend ribbon in the background so now you have an entire background that adjusts its color depending on whether the trend is positive or negative or if there is no trend.
go ahead and watch the video for the results on that one hand I also took the time to show you guys how to see a Divergence in your volume up against your price.
along with that you can also see when you should and should not re-enter the market for a continuation trade.
Black background means there is no volume or that profits are being taken off the table.
Red background means that the volume is trending bearish.
Green background means that volume is trending bullish.
One way to spot a Divergence or a slowing down in the trend is when your volume column brakes outside the void at the same time you get an equal color background, Look at the height of that volume candle and compare it to the last time that you got a similar color background with a column breaking outside the void.
If your volume Is closer to the void it was in the previous one, then you do not enter this as a continuation trade.
If you are trading bullish then your new re-entry has to have more volume than your last re-entry.
If you are trading bearish then your new volume has to be lower than your previous volume
Amazon (AMZN) trade updatesClosing of the GAP at the end of April for Amazon, which had lateralized after the split.
In a week characterized by a positive reaction from the markets, thanks to quarterly better than expected or, as in the case of amazon, less bad than expected and thanks also to a Fed that simply confirms what it had anticipated.
Now the key data will be those of July inflation, considering that some people think that the peak occurred in June.
They are up almost 40% on Amazon and 30% on Apple , two companies that are almost a safe haven asset in difficult times.
For this reason, I will not liquidate the whole position but on the contrary, I will accumulate should there be a retracement, which I expect.
In the short term, those who have had the skill to enter the $ 105 area could think of taking home the profits and preparing to accumulate on the retracement.
If you want to hold the position, $ 145 could be a possible target, considering the 200-period moving average, which is usually felt by the price.
On a volumetric level, the one-year POC holds firmly against $ 165, there are no possible areas for it to move, considering the huge amount of trading at that price level.
That's where I'll take some of the profits home.
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
MONDAY LIVE: SPX500, NASDAQ, EURGBP, USDCAD, USA STOCKHi Traders,
This is my view for this week on:
- SPX500
- NASDAQ
- EURGBP
- USDCAD
- AMAZON
- MICROSOFT
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pit from Trading Kitchen