Mastering the Anchored Volume Profile: Setup & Tutorial on TVMastering the Anchored Volume Profile: Setup & Tutorial on TradingView 📊
The Anchored Volume Profile is a powerful tool that traders use to visualize volume distribution over a specified price range, providing critical insights into market behavior. Here’s a detailed description of its setup and usage on TradingView:
In this video, we will be going in-depth into the following areas:
What is the Anchored Volume Profile?
The Anchored Volume Profile is a specialized indicator that helps traders understand the distribution of traded volume at different price levels. Unlike traditional volume profiles that analyze data over a fixed time period, the anchored version allows traders to anchor the volume analysis to specific bars, candles, or price points.
Why Use the Anchored Volume Profile?
Identifying Support and Resistance Levels: You can easily identify key support and resistance levels by analyzing where the most volume has been traded.
Spotting Trends and Reversals: High-volume nodes can indicate areas of strong interest, helping to predict potential trend continuations or reversals.
Improving Entry and Exit Points: Knowing where the market participants are most active can significantly enhance your decision-making process for entries and exits.
How to set up the Anchored Volume Profile on TradingView:
Add the Anchored Volume Profile Indicator:
Click on the “Indicators” button at the top of the chart.
Search for “Anchored Volume Profile” in the search bar.
Select it from the list and apply it to your chart.
Anchor the Indicator:
Click on the anchor icon that appears on the chart.
Drag it to the specific bar, candle, or price point where you want to start your volume analysis.
Customize Settings:
Adjust the settings to suit your trading style. You can modify the range, color, and other parameters to better visualize the data.
Using the Anchored Volume Profile:
Analyzing Volume Nodes: Identify high and low volume nodes. High volume nodes often act as support or resistance, while low volume nodes might indicate potential breakout areas.
Understanding Market Sentiment: See where the majority of trading activity has taken place to gauge market sentiment.
Making Informed Decisions: Use the insights from the volume profile to make better-informed trading decisions regarding entries, exits, and stop-loss levels.
Beyond Technical Analysis
How to PREDICT MARKETS! Tops and BottomsIn this video, I go over the following in great detail:
Predicting Markets with Williams %R, RSI, and MACD
Predicting market movements can be challenging, but combining the Williams %R, Relative Strength Index (RSI), and Moving Average Convergence/Divergence (MACD) indicators can provide powerful insights for traders.
Williams %R measures the current closing price relative to the high-low range over a specific period, helping identify overbought or oversold conditions. RSI gauges the speed and change of price movements, also indicating overbought or oversold levels. MACD analyzes the relationship between two moving averages of a security's price, identifying potential buy or sell signals.
By using these three indicators together, traders can:
Confirm Trends: When all three indicators align, it strengthens the signal for a potential trend continuation or reversal.
Identify Entry and Exit Points: Overbought or oversold signals from these indicators can help pinpoint optimal entry and exit points.
Reduce False Signals: Combining multiple indicators can help filter out false signals, increasing the reliability of predictions.
EDUCATION: The “Fake” Engulfing Candle: A SNEAKY TRAPAs traders, we’re often taught to look for classic price action patterns, and one of the most well-known is the Engulfing Candle. It's that strong reversal pattern where the body of the second candle completely engulfs the body of the first, signaling potential trend reversals or continuations. But what happens when that engulfing candle shows up in the "wrong" place? That’s what I like to call a "Fake" Engulfing Candle.
A "Fake" Engulfing Candle is one that paints on the chart but in a location that doesn’t align with the market context or trend. For example, if you’re in a strong, established trend, an engulfing candle that appears in the middle of the trend (without any supporting structure or context) could be a false signal. This kind of engulfing candle might look great on the chart, but it's not telling you the full story—it’s a signal with poor timing.
Understanding the Importance of Location
The location of an engulfing candle is key. A "real" engulfing candle typically forms after a clear trend exhaustion or at a key support or resistance level. These are areas where price is likely to reverse, and that’s where an engulfing pattern becomes meaningful. However, when the engulfing candle appears in random locations—without any clear structure around it—it’s often just noise in the market.
Fake signals, like this, can lead traders to make impulsive decisions, chasing trades that aren’t supported by solid market structure or context. Think of it like walking into a room full of noise—you may hear words, but they’re not telling you anything meaningful.
How to Spot a Fake Engulfing Candle
Context is King: Look for the engulfing candle to form after a trend exhaustion or near a key support or resistance level. If it pops up in the middle of a strong trend with no visible reason for reversal, chances are it’s a fake.
Volume Confirmation: Is the engulfing candle supported by volume? A strong engulfing candle should have an increase in volume, confirming the strength of the move. If volume is absent or weak, the signal may be unreliable.
Previous Market Structure: The best signals often come from patterns that align with previous market structure, such as previous highs or lows. If the engulfing candle doesn’t respect any major levels or swing points, it might not be worth trading.
Practical Takeaway: Don't Fall for the Fake
The takeaway here is simple: don’t let the appearance of a "perfect" engulfing candle fool you. Just because it looks good on the chart doesn’t mean it’s the right signal for the current market conditions. Always pay attention to the context around the pattern and confirm it with volume and other technical indicators. Remember, location matters when it comes to identifying valid trade setups.
Have you ever been caught by a "Fake" Engulfing Candle? What’s your process for distinguishing real signals from fake ones? Drop your thoughts in the comments—I'd love to hear how you handle these tricky setups!
Options Trading Advanced Series 1In this video, I dive into two advanced options trading strategies: the Long Iron Butterfly and the Short Iron Condor. These setups are designed to capitalize on sideways market movement. Using the TradingView Option Simulator, I demonstrate how each strategy works, discuss the potential outcomes, and share tips on optimizing them for better results.
Why Nailing the Perfect Entry Won't Make You a Winning TraderWhen I first started trading, I spent an absurd amount of time obsessing over the “perfect entry.” I believed if I could just pinpoint the exact right moment to enter, my trades would take off like clockwork. I’d spot my pattern, line up my indicators, and wait for that split-second trigger. But as my journey evolved, I found that success in trading hinges far more on how you exit than on the entry itself.
Aggressive Entries: Simple and Straightforward
Let’s be clear—there is no “perfect entry,” no mythical timing trick that’ll guarantee success. Aggressive entries, for example, are straightforward: you spot the trigger candle, recognize the pattern, and take action at the close. That’s it. No endless analysis or hesitation, just decisive entry. This type of entry is powerful because it’s intentional, capturing the setup in real time rather than waiting for confirmation that could lead to a delayed entry.
While aggressive entries get you in at an ideal price, focusing on entry alone doesn’t cover the full picture of trade management. Without a plan for managing the trade after entry, you’re just hoping the market follows through—and hope is not a strategy.
Exits Matter More Than the Entry
Successful traders don’t just focus on getting in; they put more thought into getting out. If the goal is to grow and protect capital, then exits are the difference between locking in profit or watching it evaporate. After countless hours in the market, I learned that getting the exit right, or at least having a disciplined exit plan, is what shapes your profit curve.
For example, some traders aim for a certain percentage of profit or wait for the price to hit a key level. Others may use stop-loss strategies to protect gains by trailing the stop along the way. The exit strategy you choose is personal, but having one at all is non-negotiable. Think of it this way: without a solid exit plan, even a perfect entry is likely to unravel at some point.
Practical Tips for Developing a Strong Exit Strategy
Define Your Exit Before You Enter: Every trade should begin with a clearly defined exit plan. Before you even click “buy,” know exactly where you’ll exit for both a win and a loss. Setting realistic profit targets and stop losses not only protects you from over-trading but also keeps you focused on executing your plan.
Set Alerts and Automate: Using tools like TradingView’s alert feature is a lifesaver. Alerts allow you to step away from the charts without stressing over every price movement. Let’s be real—the market can be a hypnotic place, and constantly watching it can lead to impulsive decisions. Set your alerts and detach; you don’t need to be glued to your screen for every tick.
Use Incremental Exits: Instead of going all in or all out, consider taking partial profits at different stages of the move. For instance, you might exit half your position at a certain level and let the rest ride to maximize your gains. This approach allows you to capture profit while giving the remaining position room to potentially yield a larger win.
Review and Refine Your Exits: One of the best ways to improve your exit strategy is to backtest it. Use TradingView’s replay feature to “replay” past market conditions and test out various exit strategies. This is invaluable as it gives you a chance to fine-tune your approach based on actual data, not just theoretical setups.
Create Realistic Expectations: The reality of trading is that the market doesn’t always move according to plan. Stay flexible. Some trades might require a quick exit, while others might reward you for holding on. Don’t be afraid to adapt based on the conditions and price action unfolding in front of you.
Why Traders Fail Without an Exit Plan
For many traders, focusing solely on entries becomes a crutch. They mistakenly believe that if they just find the right entry, the trade will manage itself. But the market is unpredictable. Even the best entry can’t secure a win if the trader doesn’t know how to get out.
The hard truth is, obsessing over entries often masks a lack of strategy or confidence in the bigger picture. I’ve seen traders who hit excellent entries repeatedly, but without disciplined exits, they end up handing their profits back to the market. Don’t let your gains evaporate because you didn’t think about your way out.
Trading Success Is Built on Execution, Not Perfection
In the end, what separates successful traders from the rest isn’t a “perfect entry.” It’s a systematic approach to execution. The best traders don’t need flawless timing—they need consistency, discipline, and a clear plan that includes both entries and exits.
So, next time you’re studying a chart, ask yourself not just “Where would I enter?” but also, “Where and how would I exit?” It’s the exit, not the entry, that ultimately decides how much you keep—or give back—to the market.
So, how do you handle exits? Are you still chasing perfect entries, or have you found a balance? Share your strategy below—your insights might be just what another trader needs.
Buybacks vs. Dark Pool RotationThis lesson is about understanding the dynamics behind corporate buybacks. Sell-Side Institutions, aka the Banks of Record, have their floor traders do the actual buying of shares on behalf of the corporation. However, the Dark Pools, meaning the Buy-Side Institutions, start selling as the buybacks are going on.
This training will help you enter a buyback sooner and exit with higher profits for swing trading. We'll study the NASDAQ:AAPL chart to identify buyback candlestick patterns and how to see when the Dark Pools are selling to lower inventory, which is called "rotation." You will also see how the TTAccum/Dist indicator works, and how I use this excellent, leading Hybrid Indicator to aid in my analysis.
Watch Me Make $600,642 Backtesting in 20 MinutesMastering Backtesting with TradingView's Replay Feature: Your Target Practice for Trading Success
In the world of trading, practice makes perfect, and one of the best ways to hone your skills is through backtesting. TradingView’s replay feature serves as an invaluable tool for traders looking to test strategies, refine their skills, and improve their overall performance. Think of it as target practice—a way to simulate real market conditions without the pressure of live trading. This article will delve into how to effectively use the replay feature, challenge yourself, and why practice is essential for every trader.
The Power of Backtesting
Backtesting is the process of testing a trading strategy on historical data to determine its viability. It’s like a dress rehearsal for traders, allowing you to assess how a strategy would have performed in different market conditions. With TradingView’s replay feature, you can step back in time and play out the price movements of any market you choose.
Using TradingView's Replay Feature
Setting Up the Replay Feature:
Open TradingView and select the asset you want to backtest.
On the chart, locate the “Replay” button in the toolbar (usually represented by a play icon).
Click the button and select the date from which you want to start your replay. You can drag the slider to move through the historical data at your own pace.
Simulating Live Trading Conditions:
As the replay plays out, you can apply your trading strategy just as you would in real-time. Take note of price action, support and resistance levels, and your entry and exit points.
Use this opportunity to test different indicators and strategies, adjusting parameters as you see fit.
Documenting Your Trades:
Keep a journal of your trades during the replay. Note what worked, what didn’t, and any adjustments you made. This reflection is crucial for developing your trading skills.
Target Practice: Challenging Yourself
To truly benefit from backtesting with the replay feature, consider implementing challenges that simulate the pressure of live trading. Here are some ways to push yourself:
1. Risk Management Challenges:
Decide on a specific risk amount for each trade—say $1,000. After reaching a target profit, like $15,000, challenge yourself to avoid losing a predetermined amount, such as $2,500.
This mimics real-life scenarios where maintaining profits can be just as challenging as making them. It forces you to practice discipline and stick to your risk management rules.
2. Trade Frequency Goals:
Set a target for the number of trades you want to execute during the replay. For example, aim to make 10 trades in a single session. This encourages you to be decisive and consistent with your strategy.
3. Time Constraints:
Limit yourself to a specific time frame when executing trades. For instance, challenge yourself to make all trades within a 30-minute window during the replay. This helps you practice decision-making under pressure, enhancing your ability to react quickly in real-market situations.
The Importance of Practice for Traders
As traders, we must remember that consistent practice is key to mastery. The replay feature allows you to simulate different scenarios without the risk of real money, giving you the freedom to learn from your mistakes. Here’s why practice is crucial:
Building Confidence:
The more you practice your strategy in a controlled environment, the more confident you’ll become in your abilities. This confidence translates into more decisive actions when trading live.
Identifying Strengths and Weaknesses:
Regularly backtesting enables you to pinpoint areas where your strategy excels and where it falters. This awareness allows you to adapt and evolve your approach over time.
Understanding Market Dynamics:
Each market behaves differently. By practicing across various assets and timeframes, you’ll develop a deeper understanding of market dynamics, helping you make better-informed decisions.
TradingView’s replay feature is a powerful tool for backtesting and honing your trading strategies. By treating this process as target practice, you can simulate real trading scenarios, test your strategies, and build the skills necessary for successful trading. Don’t shy away from challenging yourself with risk management goals, trade frequency targets, and time constraints. Remember, consistent practice is the pathway to mastery, and with the right tools and mindset, you can elevate your trading game to new heights. So dive into that replay feature, test your strategies, and watch your trading skills flourish!
Using Renko Charts to Uncover SECRET Bank LevelsRenko charting has a unique way of displaying price data by filtering out smaller fluctuations and focusing only on substantial price moves. With a setting of Average True Range (ATR) 13, Renko charts become even more powerful for finding key institutional levels—what many traders call "secret bank levels." These are the levels where large institutional traders place their orders, often leading to significant price moves. In this tutorial, we’ll dive into how you can use Renko charts with an ATR setting of 13 to identify these bank levels and improve your trading strategy.
What Are Secret Bank Levels?
Institutional or bank levels are price points where big players—like banks and hedge funds—are likely to buy or sell in large quantities. Retail traders can leverage these levels by understanding where the big money is moving, aligning their trades accordingly. Renko charts, with their clarity in price movement, help identify these areas by smoothing out noise and highlighting essential support and resistance zones.
Why Renko Charts?
Renko charts are designed to filter out minor price movements, providing a cleaner view of market trends by focusing solely on significant price changes. Unlike time-based charts, Renko charts print a new "brick" only when price moves by a specified amount, determined here by the ATR 13 setting. This brick-by-brick approach can reveal clear levels where price repeatedly finds support or resistance, often signaling where major institutions are setting up their positions.
Setting Up Renko with ATR (13)
Choose Your Charting Platform: Most charting software, including TradingView and MetaTrader, offers Renko charting. Make sure your platform supports Renko and ATR-based calculations.
Configure Renko with ATR (13):
Open the Renko chart on your selected asset (e.g., EUR/USD, GBP/USD).
In your settings, set the brick size to use the ATR indicator and specify an ATR length of 13. This setting is designed to adjust the brick size based on the recent average true range, capturing a balanced view of price movement.
This 13-period setting adapts to recent market volatility, allowing Renko bricks to reveal significant price movements that matter to large institutional players.
Adjust Timeframes:
Since Renko charts don’t follow traditional time-based intervals, switch between higher and lower timeframes (like the 1-hour or 4-hour charts) to observe different levels of institutional interest. Higher timeframes generally provide more reliable secret bank levels, but you can switch to lower timeframes for refined entry points.
Identifying Bank Levels with Renko and ATR (13)
Now that your chart is set up, let's move on to the process of identifying institutional levels.
1. Look for Brick Clusters at Key Levels
Renko bricks tend to form clusters at significant institutional levels. When you see several bricks stacked horizontally with little movement, it often indicates a zone where price is struggling to break through, either as strong support or resistance.
Use these clusters as potential entry or exit points, aligning with the institutional flow.
2. Identify Breakouts and Rejections
When price breaks out of a cluster or encounters rejection (where bricks reverse direction after hitting a level), you may be witnessing bank-level reactions.
Watch for bricks that quickly shift direction after hitting a level—these can signal that institutions have stepped in to either push price further or halt its momentum.
3. Note Patterns and Reversals at Round Numbers
Banks and institutions often place orders at round numbers, which are psychologically significant levels (like 1.2000, 1.2500).
As Renko charts with ATR (13) are sensitive to significant price changes, they can help highlight when price respects or bounces off these round numbers, offering clues to potential institutional zones.
Practical Example: Trading Secret Bank Levels with Renko
Let’s say you’re analyzing EUR/USD on a Renko chart with an ATR 13 setting.
Identify Clusters at 1.2000: After setting up your chart, you observe a cluster of Renko bricks at 1.2000, indicating a strong support zone. This level has held multiple times, suggesting institutional buying interest.
Wait for a Brick Breakout: You then see price breaking out with consecutive Renko bricks closing above 1.2000. This breakout suggests that the buying pressure might push prices higher.
Enter and Manage Your Position:
Take a buy position after confirming the breakout. Set your stop loss just below the cluster at 1.1980 to minimize risk.
If you’re looking for a shorter-term position, aim for profit at the next round number, like 1.2100.
For a longer-term trade, follow Renko’s direction, adjusting your stop as the bricks move.
Tips for Trading Bank Levels with Renko and ATR (13)
Trust Your Levels: Renko charts can simplify your analysis, but it’s easy to second-guess your levels. If you’ve identified strong clusters or patterns at certain price points, trust your analysis.
Use Alerts to Avoid Over-Trading: TradingView and other platforms allow you to set alerts at specific price levels. This way, you won’t need to stare at charts all day.
Thank you for watching and feel free to leave a comment to let me know your thoughts on Renko and if you see yourself using this chart type.
-TL Turner
HFTs gaps: Learn how to enter a stock before a huge gap up.High Frequency Trading companies are market makers/takers that provide liquidity for the public exchanges, and they now use AI. HFTs have a huge impact on your profitability. You can make higher profits from trading ahead of the HFT gaps and riding the momentum upward or downward.
In this short video, you'll learn some basics on how to identify the patterns that precede HFT gaps, which I call Pro Trader Nudges . Learn what to look for in Volume patterns and pre-gap price action.
Make sure you are not chasing HFTs but riding the wave of momentum they create, just like professional traders do.
Surviving Drawdown: The Battle Between You and the MarketThe Battle Between You and the Market
Every trader, no matter how seasoned, eventually encounters the nemesis of every strategy: drawdown. It’s that dreaded phase where the market isn’t quite ready to move in the direction of your bias, and your account balance starts to bleed. The key to surviving drawdown isn’t just about protecting your capital—it’s about protecting your mind. The mental toll of seeing your carefully plotted trades go red can lead to fatigue, impulsivity, and, in some cases, abandonment of your well-thought-out plan.
But here’s the reality: drawdowns are part of the game. The market doesn’t move on your schedule, and it certainly doesn’t care about your bills, goals, or aspirations. Harsh, but true.
In the world of trading, few experiences are as daunting as facing a drawdown. This period, where the market refuses to move in the direction of your bias, can feel like an endless slog through thick mud. It's during these times that trader fatigue sets in, and the mental strain can become overwhelming. But surviving a drawdown isn’t just about weathering the storm; it’s about maintaining focus, sticking to your plan, and emerging stronger on the other side.
Understanding Drawdown: A Necessary Evil
Drawdowns are an inevitable part of trading, a reality that every trader must confront. They occur when your account equity declines from its peak, often resulting from a series of losing trades. This is not a reflection of your skills or judgment; rather, it’s a natural fluctuation in the market. Accepting this fact is crucial for maintaining a balanced mindset.
It’s easy to get caught up in the emotional turmoil that accompanies a drawdown. You might start questioning your strategy, second-guessing your decisions, or even feeling a deep sense of fatigue that clouds your judgment. Recognizing that drawdowns are temporary and often necessary for long-term success is the first step towards mental fortitude.
The Weight of Trader Fatigue
Trader fatigue is real, and it can manifest in various forms: diminished focus, irritability, and an overall lack of clarity in decision-making. As the drawdown drags on, it’s common to feel like you’re fighting an uphill battle, grappling with both the market and your own psyche.
The key to overcoming this fatigue is to remain steadfast in your commitment to your trading plan. Embrace the discipline that brought you to trading in the first place. Remember, every successful trader has weathered their share of drawdowns. It’s not about the setbacks; it’s how you respond to them that defines your journey.
Stick to the Plan: The Importance of Discipline
When faced with a drawdown, the temptation to abandon your trading plan can be strong. You might be lured into making impulsive trades or deviating from your established strategy in an attempt to “make back” your losses. This is a perilous path. Instead, focus on the process. A well-defined trading plan serves as your guiding compass, ensuring that you stay on course, even when the waters are choppy.
Utilizing Alerts: The Power of TradingView
One of the most effective tools in your trading arsenal is the alert feature available on platforms like TradingView. Set alerts for key price levels or indicators that align with your trading strategy. This simple act allows you to step away from the charts, minimizing stress and providing the mental space you need to reset.
By using alerts, you can disengage from the constant fluctuations of the market without losing touch with your strategy. Instead of staring at the screen, waiting for the market to conform to your bias, you can live your life—confident that you’ll be notified when it’s time to reassess your position.
Embrace Patience and Mindfulness
During a drawdown, patience is not just a virtue; it’s a necessity. The market operates on its own timetable, and as traders, we must learn to respect that. Implement mindfulness techniques to cultivate a sense of calm and clarity. Engage in practices like meditation, deep breathing, or even short walks to recharge your mental energy.
This approach allows you to view the market from a fresh perspective, reducing the noise of frustration and fatigue. Cultivating a mindset of patience will enable you to remain focused on your long-term goals rather than being derailed by short-term setbacks.
Keeping Perspective: The Long Game
Finally, keep in mind that trading is a marathon, not a sprint. Drawdowns, while difficult, are often precursors to periods of growth and profitability. By maintaining perspective, you can navigate these challenging times with resilience. Celebrate your wins, no matter how small, and remember that every setback brings with it valuable lessons.
Surviving a drawdown is an essential part of the trader's journey. Embrace the process, stay disciplined, and utilize the tools at your disposal—like TradingView alerts—to ease the mental burden. By maintaining focus and perspective, you can emerge from the drawdown not just intact, but stronger and more equipped for future challenges. Remember, in the world of trading, persistence pays off. The key to success lies in how you respond to the inevitable ups and downs. Stay the course, and the markets will eventually align with your bias once more.
HOW And WHY The Markets MoveIn this video I explain HOW and WHY the markets move.
At it's core, trading is a zero-sum game, meaning that nothing is created. There must always be a counter-party to any trade, after all it is called "trading". Because of this, liquidity is the lifeblood of the market and it is what is required by all participants, albeit more for the larger entities out there. In order for these larger entities to trade, they must do so in stages of buying and selling, and not all in one single position like we do as retail traders. They buy on the way down, and sell on the way up, throughout many different time horizons. Therefore, they require price to be delivered efficiently in order to sustain this working machine.
I hope you find the video somewhat insightful. Regardless of your beliefs, I think it can be agreed that these two principles are what drives the marketplace and it's movements.
- R2F
Unlock Market Targets with Fibonacci: Precise Entries & Exits Hey there! In this video, I’ll walk you through how I use the 50% and 100% Fibonacci levels to get a clear sense of where the market might move next. It’s a simple, no-fuss approach that helps me trade with more confidence—without cluttering my charts with tons of indicators.
The projection marks where a move might wrap up—perfect for deciding when to exit or take profits. Whether you’re into forex, crypto, or stocks, this strategy can keep things simple and effective.
If you found this helpful, feel free to like, boost, comment, or follow—I’d love to know your thoughts and hear how this method works for you!
Mindbloome Trading
Trade What You See
Mastering the "IF-THEN" Mindset: The Key to Stress-Free TradingIn this video, I’ll share how using IF-THEN statements helps me stay balanced in my trading. It’s simple: IF the price does this, THEN I’ll do that. Having a plan like this keeps me from getting caught up in emotions and helps me react to what’s actually happening in the market – not what I wish would happen.
This mindset keeps things smooth, makes trade management easier, and keeps me consistent. It’s all about staying ready for whatever the market throws your way.
If this vibe clicks with you, drop a comment, like, or follow – I’ve got plenty more insights to share!
Mindbloome Trading
Trade What You See
Dark Pool Buy Zones Explained with Pro Trader Nudge SignalsThis lesson is about how to identify when a hidden quiet accumulation of a stock is underway and how to prepare for the momentum runs that follow. NYSE:DIS is our example for today.
Dark Pool activity is explained in detail. Alternative Transaction System (ATS) Venues are called Dark Pools of Liquidity.
A Buy Zone is an extended period of hidden accumulation of often millions of shares of stock over several weeks to months.
Professional traders use these buy zones to enter on the penny spread and instigate a trigger of HFT gaps to the advantage of the pro trader. Learn how you can profit from this activity for swing trading or position trading.
This Wyckoff VSA Buy in Gold and Short S&P FuturesIn this video produced by Author of "Trading in the Shadow of the Smart Money", Gavin Holmes, we see clear buying by professionals in the GC futures contract (Indicator is PB in the Wyckoff VSA system for TradingView) and clear selling into the e-Mini S&P Futures contract (Indicator is PS in the Wyckoff VSA system for TradingView).
The markets move based on three universal laws, its simple as explained over 100 years ago by Richard D Wyckoff, a famous investor in the early 1900's.
The laws are:
Supply and Demand
Cause and Effect
Effort Vs Result
The fourth law to success is your belief system, often referred to in new thinking as:
The Law of Attraction. Enjoy the video and I hope it helps You succeed.
Namaste, Gavin Holmes, Author "Trading in the Shadow of the Smart Money" and "Think-Link-Create".
Protect The Pain Trade: Triangular Currency ArbitrageStep 1: Select the Pivot Currency
The pivot currency is the base currency you want to hedge or trade against. This currency will be the core around which your arbitrage strategy revolves.
Step 2: Use Mataf.net for Correlation Data
Open Mataf.net and navigate to the correlation matrix. Select negatively correlated assets that complement your pivot currency. These negatively correlated pairs will serve as your hedges (Hedge A and Hedge B). These assets should be chosen based on how they move in opposition to your primary pair, ensuring that the overall risk is minimized through diversification.
Step 3: Create a Composite Chart
Combine the primary currency and hedging pairs using the following formula in your charting platform:
{Primary Pair} / (Hedge A + Hedge B)
Press enter to create a composite chart. This chart will show you an aggregated view of how your triangulated positions are performing.
Use this chart to analyze the best entry and exit points, optimizing your gains while protecting yourself from unnecessary losses or market volatility.
For more detailed insight or guidance on entries and exits, feel free to message me privately on TradingView or contact me to gain access to more strategies like this one through my daily flow trades.
Looking forward to seeing you in the community!
Can You Use Math to Elevate Your Trading Strategy?In the world of trading, understanding market movements is crucial for success. One of the most effective frameworks for interpreting these movements is Wave Theory, a concept that helps traders identify price trends and potential reversals. By incorporating mathematical projections, traders can enhance their analysis and make informed decisions. In this article, we’ll explore the fundamentals of Wave Theory and demonstrate how to project price movements using wave measurements—specifically, measuring Wave 1 to project the size of Wave 3.
Understanding Wave Theory
Wave Theory, popularized by Ralph Nelson Elliott, posits that financial markets move in repetitive cycles or waves, driven by collective investor psychology. Elliott identified two primary types of waves:
Impulse Waves: These are the waves that move in the direction of the prevailing trend, typically comprising five waves (labeled 1, 2, 3, 4, and 5).
Corrective Waves: These waves move against the prevailing trend and consist of three waves (labeled A, B, and C).
In a typical bullish market, you will observe a series of impulse waves followed by corrective waves. Understanding these waves allows traders to identify potential entry and exit points based on price patterns.
The Mathematics Behind Wave Projections
One of the key aspects of Wave Theory is using mathematical relationships to predict future price movements. A common approach is to measure the length of Wave 1 and use that measurement to project the size of Wave 3. Research indicates that Wave 3 often ranges between 1.0 to 1.68 times the length of Wave 1.
Steps to Project Wave 3:
Identify Wave 1: Begin by determining the starting point of Wave 1 and measuring its length. This can be done by noting the price levels at the start and end of Wave 1.
Calculate the Length of Wave 1:
Length of Wave 1 = End Price of Wave 1 - Start Price of Wave 1.
Project Wave 3:
To project Wave 3, multiply the length of Wave 1 by the desired factor (1.0 to 1.68).
Projected Length of Wave 3 = Length of Wave 1 × (1.0 to 1.68).
Determine the Target Price:
Add the projected length of Wave 3 to the endpoint of Wave 2 to determine the target price for Wave 3.
Target Price = End Price of Wave 2 + Projected Length of Wave 3.
Example: Applying Wave Theory in a Trading Scenario
Let’s say we’re analyzing a stock and identify Wave 1 as follows:
Start of Wave 1: $50
End of Wave 1: $70
Step 1: Measure Wave 1:
Length of Wave 1 = $70 - $50 = $20
Step 2: Project Wave 3:
Using the range of 1.0 to 1.68:
Minimum Projection = $20 × 1.0 = $20
Maximum Projection = $20 × 1.68 = $33.60
Step 3: Determine the Target Price: Assuming Wave 2 has an endpoint of $80:
Minimum Target Price = $80 + $20 = $100
Maximum Target Price = $80 + $33.60 = $113.60
Thus, based on Wave Theory, we would anticipate that Wave 3 could reach between $100 and $113.60.
Wave Theory, combined with mathematical projections, provides traders with a structured approach to understanding market dynamics and predicting future price movements. By accurately measuring Wave 1 and projecting Wave 3, traders can make informed decisions based on calculated price targets, improving their chances of success in the financial markets.
As you incorporate Wave Theory into your trading strategy, remember that no system is foolproof. Always combine technical analysis with sound risk management practices to protect your capital. With patience, discipline, and a strong mathematical foundation, you can leverage Wave Theory to enhance your trading prowess and navigate the markets with greater confidence.
How can you see yourself incorporating mathematical projections like Wave Theory into your trading strategy, and what has been your experience with predicting market movements using these techniques? Let me know in the comments.
Happy trading!
amazing scalp trade done in 10 secondsToday i literally made 145$ in 10 seconds, waited for the system to signal me a sell " Alert ". once to sell alert triggered i got in and got right out ; i finished the day positive 250$. The key to trading is to feed your ego and in order to feed your ego you have to receive gains. The gains can be big or small just don't get greedy , greed is the number one killer in trading stocks and in life in general.
What’s Flowing: GBPUSD / CADCHF / BXY / DXY / XRPUSD / ETHUSD Today's episode covers both forex and crypto markets, along with insights into the commodity space. With several key economic releases and global events in play, we expect volatility to increase across these assets. Be ready for breakouts in both currency pairs and cryptos, and monitor how commodity markets, like coffee, react to supply developments.
Stay tuned for more updates and trade ideas as we continue to track these market flows throughout the week!
FX:GBPUSD
OANDA:CADCHF
BITSTAMP:XRPUSD
COINBASE:ETHUSD
TVC:BXY
TVC:DXY
Find Your Trading Style: What Type Of Trader Are You ? Good morning, trading family! Ever feel overwhelmed by all the different trading strategies out there? You're not alone, and today we’re here to help you figure out exactly which trading style suits you. In this video, we’ll explore the four main types of trading—Scalping, Day Trading, Swing Trading, and Position Trading—and give you real-life examples so you can see which one fits your personality and goals best.
Whether you’re someone who thrives on fast-paced, high-energy trades or prefers to take a step back and play the long game, this video will give you the clarity you need to trade with confidence. My goal is to help you tailor your strategy so it feels natural and aligns with how you want to trade.
If you find this valuable, please comment below and tell me which type of trader you think you are! Don’t forget to like or share this video so other traders can benefit from it too. Your feedback can make a huge difference for someone else in our trading family!
Happy Trading
Mindbloome Trader
Mastering Pitchforks: A Powerful Tool For TradersGood morning Traders
So I had a question from one of my followers: can you explain pitchforks in more detail:
Pitchforks are a fantastic tool for traders at any experience level, offering a visual way to map out potential support and resistance levels based on market movements. With three key anchor points, a Pitchfork reveals trend channels by highlighting the market's natural ebb and flow. The central line acts like a magnet for price, while the upper and lower lines provide a framework for spotting where the market might reverse or break out.
For a more advanced strategy, try overlapping Pitchforks across different timeframes or swings. When these Pitchforks intersect at certain levels, they create a powerful correlation. This suggests that the market is paying attention to these areas, and they often become key turning points. These confluence zones act like traffic signals, giving you clues about where the market could change direction or gain momentum.
By understanding and leveraging these correlations, you can build stronger, more confident trade setups. Whether you're looking to confirm a reversal or catch a breakout, Pitchforks can help guide your decisions and boost your accuracy in identifying those critical market levels.
I hope this can add more tools to your trading style and maybe you will love pitchforks as much as I do
if you like this video or want more videos: comment below and a good ole boost to help those in our trading community benefit
Happy Trading
MB Trader