After strong buying activity can you see in the chart significant Volume cluster. From this Volume cluster i expect reaction. I expect that this strong buyers will be defend their buying activity and push the market up again. Happy trading Dale
Today I will look into an intraday trade analysis of the AUD/CAD. There was a strong buying activity all across the AUD related pairs yesterday and it created some nice trading opportunities. Volume Accumulation What I always like to see is a price rotation which is followed by a trend. I call this the Volume Accumulation Setup. First, volumes get accumulated...
Gold hit a major long-term resistance which I wrote about a month ago. Despite all the uncertainty around the world (which should actually help gold to strengthen) there was a nice reaction to this resistance and a sharp sell-off. What happened around 1665 Let’s now zoom in a bit and let’s have a look at what actually happened around the major long-term...
A Setup as Simple as ABCD Today, I would like to show you one of my favorite Price Action trading setups called AB=CD Setup. You can use this setup both for intraday and for swing trading. In this post, I will show you the AB=CD setup on a Weekly chart , which I use for my swing trade analysis. Trading AB=CD as a standalone strategy You can trade this setup...
The EUR/USD is pushing upwards like crazy. It made over 400 pips just in eight days! An interesting thing is that there were eight consecutive bullish Daily candles (all green). Not a single pullback! This is a sign of strong and aggressive buyers. Even a blind person can see this. How to trade in a trend The main intraday trading strategy in such a situation...
he S&P 500 index is in a crazy sell-off since this Monday. The growth from the last three months was blown away just in three days and there is still no sign of stopping. What caused the sell-off? One thing is fundamentals like the Coronavirus slowing down the global economy (-0.1 to -0.2% was the IMF optimistic estimate). The other thing is that when there...
Today, I am going to do a complete intraday analysis on NZD/CAD. I am going to show you the way I always do it from A to Z. Rotation vs. Trend The first thing I check is whether there is a trend or a rotation. If there is a rotation then I am looking for both buying and selling opportunities (longs and shorts). When there is a trend, then I am looking only...
All eyes are on the EUR/USD again. The reason is that it broke all significant supports and it is under strong and constant selling pressure since the beginning of this month. Is there a way to tell where this strong downtrend might stop and possibly turn? Yes, there is! But we need to have a look at higher time frames – weekly or monthly. Why? Because we need...
The previous week I wrote about the importance of the big picture analysis. I did a long – term analysis on Gold using Weekly charts and Volume Profile. Now, I would like to zoom in a bit and analyze Gold on a much lower time frame (30 Minute). This will point us to intraday supports/resistances which are currently there. Price Action analysis Let’s first...
After nice downtrend can you see two significant Volume cluster. First is 120.23 but furtunatelly is done... Short from this level was win... Another Volume cluster is 119. 867... This price level was not tested yet.. So for that reason i waiting for short from this Volume cluster. Happy trading Dale
Here is my ideas for this short on EUR/GBP 1. Trend down 2. Volume cluster 3. S/R zone from the past ( higher timeframes ) 4. Weak low ( i expect that this weak low will be break ) and dont forget today i have new video with my Wekkly idea.. Happy trading Dale
Quite a lot of people like trading indices using the Volume Profile tool. In my experience, the Volume Profile works fantastic with indices. In fact, I am also planning to add ES (SP 500 futures) to the levels which I publish daily for members of my Trading course. So, today, I would like to have a closer look at the ES and show you my intraday trade analysis...
After nice move down to the price 0.8926 was nice accumulation with continue more down to the price 0.886.. Im the the middle of this move is significant volume cluster with POC, where i have prepare my short level. Happy trading Dale
After nice rejection of higher prices can use Volume profile. For determination place where was the most of contracts.. Significant Volume cluser is around 114.149... This is place where i expect short reaction. Happy trading Dale
Here is how i thiking about USDCAD right now. There is nice consolidation with continue move down.. In the middle of this consolidation in price 1.32320 i placed my short 1 level. However it looks like that around price 1.31644 is another one good short levels. But first i need another confirmation and i want see the price to go more down. Happy trading Dale
Hello Traders!! Here is perfect example of how it works Volume cluster in real life!! True Supports and resistances is nice to see on this Strong Volume cluster... Forget about Pivot High and Pivot low... This is S/R zones what not working properly... After strong sell off i waiting for pull back to this area and trade in sell off direction. Have a nice Cyber...
Pretty nice reaction on yesterday's Point of control. What is Point of Control? Point of Control (POC) – The price level for the time period with the highest traded volume. Point of control watch BIG institutions, banks, investment funds, etc. Want to know more? Or want to trade like PRO? Then watch Point of control too in your trading.. Have a nice BLACK...
Here is pretty nice Volume cluster where i expect continue up trend. As confirmation i see weak high of the market, which is not good prerequisite for continuation downtrend. So for now i will be waiting for pullback to the volume cluster area. Happy trading Dale