Short Signal Using Volume Analysis Systems USDJPY 4 Hour)
Updated
We just got a short signal alert last bar (Love that about Trading View).
You can see the latest signal is the upthrust signal (Red Bar) while this is a USDJPY Four Hour Chart our system is based purely on volume, price, and time so the underlying instrument doesn't really matter in terms of it's analysis. The signal has warnings but I think it's okay and will likely easily hit the short term target listed below.
Entry (Weakness): 111.228 ( Volume Trend Analysis Change To Weakness)
Upper Stall Point: 111.433 (Based on our Market Levels Indicator)
Lower Stall Point: (Target #1) 111.08 (Target #2) 111.023 (Based on our Logical Market Levels Indicator)
Target LML: 110.912 (Based on our Logical Market Levels Indicator)
The levels above are base on our Logical Market Levels Indicator. On the chart they are hidden and I am unsure why but they are accurate and I will update as they are hit.
The systems we use to trade are detailed below and all of them are available on Trading View if you are interested:
Our "Logical Volume Spread Analysis" is a vast improvement on ‘standard’ volume spread analysis. Based on 15+ year combined experience with Smart Volume Spread Analysis software which combines fundamental analysis , technical analysis , and volume price analysis into a powerful methodology that enables you to trade the markets in a way that is uniquely accurate. We have refined the analysis systems and algorithms from our core systems to provide the most powerful Volume Spread Analysis indicator on TradingView.
Our "Logical Trade Levels" (Targets and Stall Points) indicator is a simple but powerful version of support and resistance . We do a fair bit a behind the scenes algorithmic magic but essentially these levels act as very strong support and resistance for entries and also targets. Many of our previously published ideas use these levels to determine likely stall points for our entries as well as best targets up and down. You can see from those published levels how easily you know where price will likely stall out or needs to move through.
The *Volume Trend Advisor* (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength/Long and the Red icon = Weakness/Short.
The complete set of indicator is available on Trading View for a limited time. If you have any questions regarding this fairly simple and accurate method of volume analysis, please visit our website at signaltosignal.com to learn more.
You can see the latest signal is the upthrust signal (Red Bar) while this is a USDJPY Four Hour Chart our system is based purely on volume, price, and time so the underlying instrument doesn't really matter in terms of it's analysis. The signal has warnings but I think it's okay and will likely easily hit the short term target listed below.
Entry (Weakness): 111.228 ( Volume Trend Analysis Change To Weakness)
Upper Stall Point: 111.433 (Based on our Market Levels Indicator)
Lower Stall Point: (Target #1) 111.08 (Target #2) 111.023 (Based on our Logical Market Levels Indicator)
Target LML: 110.912 (Based on our Logical Market Levels Indicator)
The levels above are base on our Logical Market Levels Indicator. On the chart they are hidden and I am unsure why but they are accurate and I will update as they are hit.
The systems we use to trade are detailed below and all of them are available on Trading View if you are interested:
Our "Logical Volume Spread Analysis" is a vast improvement on ‘standard’ volume spread analysis. Based on 15+ year combined experience with Smart Volume Spread Analysis software which combines fundamental analysis , technical analysis , and volume price analysis into a powerful methodology that enables you to trade the markets in a way that is uniquely accurate. We have refined the analysis systems and algorithms from our core systems to provide the most powerful Volume Spread Analysis indicator on TradingView.
Our "Logical Trade Levels" (Targets and Stall Points) indicator is a simple but powerful version of support and resistance . We do a fair bit a behind the scenes algorithmic magic but essentially these levels act as very strong support and resistance for entries and also targets. Many of our previously published ideas use these levels to determine likely stall points for our entries as well as best targets up and down. You can see from those published levels how easily you know where price will likely stall out or needs to move through.
The *Volume Trend Advisor* (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength/Long and the Red icon = Weakness/Short.
The complete set of indicator is available on Trading View for a limited time. If you have any questions regarding this fairly simple and accurate method of volume analysis, please visit our website at signaltosignal.com to learn more.
Trade closed manually
We had a strength signal come in on the hourly USDJPY so rather than fight the short term strength, I closed the trade.Note
Forgot to add details. Exit was at 111.250 (2 lots) for about a 34.00 loss (includes per lot fee of 7.00)Trade closed: target reached
The trade was already closed but I just wanted to update to say the target was hit as expected. I have to remind even myself after nearly a decade developing these systems to just let them play out. Our win rate on both shorts and long using our systems and methods is over 80% overall and over 85% (On both) this year.
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