Short Signal Via Volume Analysis USDJPY 60
Updated
We just got a short signal on USDJPY Hourly. It is a bit risky given the USD strength but given the spot I thought it was safe for a quick trade.
Entry Short is 111.346
Target is 111.246
Area of concern is 111.364
Levels are based on our Market Levels Indicator and Main Signals from our Volume Analysis system both of which are available here for a limited time.
The systems we use to trade detailed:
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 VSA 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.
Entry Short is 111.346
Target is 111.246
Area of concern is 111.364
Levels are based on our Market Levels Indicator and Main Signals from our Volume Analysis system both of which are available here for a limited time.
The systems we use to trade detailed:
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 VSA 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
I wasn't too happy with the action after that last signal. It's a really good sign of weakness and even though we got close to our target we didn't quite reach it. Closed for a small gain. We'll wait for the next alert (SMS) which is a very nice feature of our indicators.Trade closed: target reached
Target hit just a few moments ago. Already out but levels are quite good in combination with logical volume analysis.
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