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Volumeindicator

Bitcoin at All-time High. What Now? 🦾🤖On Bitcoin is nice to see strong buying reaction from the price 57700, there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Resistance from the past + Strong buying activity + Strong volume area is my mainly reason for this long trade.... Happy trading Dale
BITSTAMP:BTCUSD
by Trader_Dale
2
AUD/CHF: Volume Profile 📊 and Price Action Analysis 📋Hello guys, in today’s day trading analysis I will have a closer look at the AUD/CHF. AUD/CHF: Volume Profile Analysis Since the nice reaction to our Support from Monday, the AUD/CHF has been in a steep uptrend. Trends like this often give nice trading opportunities. When I see such a trend I always use my Flexible Volume Profile indicator to look how volumes were distributed within the trend. What I look for are significant volume zones = Volume Clusters. As you can see in the below, there is a strong Volume Cluster around 0.6869. Such a place represents a strong Support. What it tells us is that the strong institutional Buyers who were pushing and manipulating the price upwards were adding to their Longs there. The heavy volumes we see, that’s them. This is an important information because when the price makes a pullback into this heavy volume area again, then it is likely that those Buyers will become active here again. What does it mean “become active”? it means that they will want to enter more Longs there, defend this zone, and finally push the price upwards again. This is what should make this area a strong Support. This Volume Profile setup is called the “Trend Setup” and you can learn all there is about it in my Volume Profile Trading Course. AUD/CHF: Price Action Analysis Apart from the Volume Profile setup, there is also a Price Action Setup pointing to the same Support at 0.6869. This Price Action setup says that a breached Resistance becomes a Support. As you can see in the picture below, our Support worked as a strong Resistance in the past. The price bounced off it three times. Yesterday, the Resistance got breached and it became a Support. This Support is especially strong because there is a double confirmation: The Price Action setup points to the same Support as the Volume Profile setup. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
1
FIO Protocol FIOUSDT - Ascending and Symmetrical Triangle +1500%- FIO Protocol (FIO) - Rank 425 - is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens. - From the technical perspective, we can see an symmetrical triangle on the daily chart. - Also we can spot an ascending triangle, which is very bullish with the combination of the symmetrical triangle. - Profit target is 1.618 FIB and volume is bullish! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
8
Bitcoin and strong S/R zone 💪On Bitcoin is nice to see strong buying reaction from the price 57700 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Resistance from the past + Strong buying activity + Strong volume area is my mainly reason for this long trade.... Happy trading Dale
FX:BTCUSD
by Trader_Dale
NZD/CHF: Day Trading Analysis With Volume Profile 📊 On NZD/CHF is nice to see strong buying reaction from the price 0.64450 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Strong buying activity + Strong volume area is my mainly reason for this long trade.... Happy trading Dale
by Trader_Dale
1
NZD/JPY : Volume Profile 📊 and Price Action Analysis 📋Hello guys, today I will have a closer look at the NZD/JPY. Since the start of today’s Asian session, there has been a strong uptrend. It seems that strong Buyers are pushing (manipulating) the price to go higher. What happened before this trend? There was a rotation. The price was moving in a tight price channel. Volume Profile Analysis I used my Flexible Volume Profile indicator to look into this whole area to see how volumes were distributed there. In the picture below, you can see that there were heavy volumes traded (accumulated) within the rotation area. From there the uptrend started. Those heavy volumes tell us that it were likely BIG institutional traders who were building up their Longs slowly & unnoticed in that rotation. From there they manipulated the price upwards to make those Longs profitable. This heavy volume zone starting around 78.94 is now important for them because they placed a lot of their trades there. When the price makes a pullback there again (at some point in the future), then it is likely that those strong Buyers will become active again = they will start buying again. They will try to manipulate the price to go upwards again. This is what will make the area starting around 78.94 a strong Support zone. This is one of my favorite Volume Profile setups and you can learn all about it in my Volume Profile Trading Course. Price Action Analysis Additionally to this, there is also one more trading setup pointing to the 78.94 area. It is a Price Action setup called which says that a breached Resistance becomes a Support. If you look at the picture below, then you can see that the price already bounced off this 78.94 area three times earlier this week. This means that it worked as a strong Resistance. This Resistance got breached today and this turned it into a Support. As you can see both the setups – Volume Profile and Price Action point to the same Support zone around 78.94. This is a nice confluence and it adds strength to the Support. I like to look for such confluences whenever possible. The more, the better! I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
2
Bitcoin and strong S/R zone 💪Right now on the Bitcoin is two strong support zone. Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... First zone is near to price 48500... There is nice to see strong volume area.... Uptrend + S/R zone from the past + Strong volume area is my mainly reason for this long trade.... Second zone is near to price 34500... Uptrend + Strong buying activity ( Rejection of lower prices) + Strong volume area is my mainly reason for this long trade.... Happy trading Dale
FX:BTCUSD
by Trader_Dale
CAD/JPY – My favorite combo of 2 trading setups! 🦾🤖Hello guys, Today, I would like to show you one more. It is a day trading Support that has formed on CAD/JPY. The first thing to catch my eye when I opened the CAD/JPY chart was the strong uptrend. Trends are usually very nice opportunities to trade. The way I like to trade them is to wait until a trend is established – meaning that it is easily visible on a 30 Minute chart and it’s strong. Like in this case. Volume Profile Analysis Then I use my Flexible Volume Profile indicator to look into the trend area (only into the trend area). I am interested in how volumes were distributed throughout the trend. What I look for are heavy volume zones. I call them the “Volume Clusters“. Such Volume Clusters represent strong Support/Resistances. In this case, there is an uptrend. A Volume Cluster created within an uptrend represents a Support. This Volume Cluster tells us that strong Buyers who were pushing the price upwards were adding to their Longs in this heavy volume area. Those heavy volumes – that’s them. The Big institutional traders . Pullback to 89.99 When the price makes a pullback into this area again (starting around 89.99) then those strong Buyers should became active here again. They should try and push the price upwards from this zone once more. The reason is that this zone is clearly important for them. They placed a lot of their Longs there. They will want to add some more here – in this high-liquidity zone and push the price upwards some more. That’s what makes it a strong Support. This Volume Profile setup is called the “Trend Setup” and you can learn all there is about it in my Volume Profile Training Course. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
1
CAD/CHF Volume Profile analysis 📊 Hello guys, in today’s day-trading analysis I would like to have a closer look at CAD/CHF. Yesterday, there was a tight rotation, and then the price broke out and went upwards into a new trend. What usually happens in such cases is that BIG trading institutions accumulate their huge trading positions (enter trades) in a rotation and then they push (manipulate) the price to shoot into a trend. Those BIG guys need to hide their intentions and that’s why they need to accumulate their trading positions slowly and unnoticed (without starting a trend too soon). That’s why they accumulate those trades within a rotation. Just like the one on the picture below. When I see a rotation followed by a trend I am always interested in how the volumes were distributed throughout this area. What I want to see is a heavy volume zone in the rotation (at the place from which the trend starts). For this, I use my Flexible Volume Profile. This tool helps me to easily read the market and reveal this big institutional volumes. What the picture above is telling me is this: there was a rotation area where heavy volumes were accumulated (traded). Those were most likely BIG institutional traders accumulating their Longs. When they were finished with the accumulation, they started to push the price aggressively upwards (they do it with aggressive Market Orders). What now? When the price makes it back into this heavy volume zone (starting at 0.7345) then I think the strong Buyers will want to become active here again. This zone is clearly important for them as they placed a lot of their trades there. I expect they will want to defend this zone and push the price upwards from here again. This should make this zone (starting at 0.7345) a strong day-trading Support. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
2
EUR/CAD : Volume Profile 📊 and Price Action Analysis 📋 EUR/CAD Analysis In today’s day trading analysis, I would like to talk about EUR/CAD. The price was moving inside a price channel. In this case, not so clear channel but still, it was not that hard to identify. What caught my eye was that there was a strong selling activity starting from that channel. To me this is a sign that strong (institutional) Sellers were building up their Short positions inside that channel. You can see their volumes nicely if you use my Flexible Volume Profile tool – just like I did. A Rotation Followed by a Trend So, what we have here is a rotation in which heavy volumes were traded. From this rotation, a strong & aggressive sell-off started. This sell-off tells me, that it were strong Sellers building up their shorts in that rotation. What I am interested the most now is the place where most of the volumes were accumulated. A zone starting at 1.4658. Resistance at 1.4658 This zone is now a strong Resistance. The reason being is that the zone is important for those Sellers who were accumulating their Short there. It’s important because they placed a lot of their trades there (lot of volumes). When the price makes it back into this zone again, then it is likely that those institutional Sellers will want to defend this place and push the price downwards from there again. Aggressive Sellers defending their Shorts is what should make the zone starting at 1.4658 a strong Resistance. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
2
AUD/JPY - D shape Volume profile On AUD/JPY is nice to see strong sell-off from the price 81.160 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong Downtrend + Strong volume area is my mainly reason for this short trade.... How to trade D-shape Volume profile? Happy trading Dale
by Trader_Dale
NZD/CAD: Day Trading Analysis With Volume Profile 📊 Hello guys, today, I would like to have a closer look at the NZD/CAD. What caught my eye here was a Price Action formation: “Rotation followed by a sell-off”. In the picture below I marked the rotation in blue and the sell of in black. When I see such a formation, then my next step is that I use my Flexible Volume Profile to look into that rotation to see how volumes were distributed there. As you can see, the Volume Profile is quite wide there, which means that heavy institutional volumes were traded there. It tells us, that there were strong institutional Sellers who were accumulating their trading positions there. Were those Longs or Shorts? It were Shorts because the price went into a rapid sell-off afterwards. The BIG guys were building up their Shorts and then they manipulated the price to shoot downwards. That’s how it works. Those BIG guys accumulated most of their trades in the heavy volume zone starting around 0.8810. Now that we know there were strong institutional Sellers active around 0.8810 we can adapt to that. Pullback to 0.8810 What we can do is wait for a pullback to this area (0.8810) and then trade with those Sellers once more. This zone is clearly important for them since they placed a lot of their Shorts there so chances are they will want to trade here again. When the price makes it back to the area around 0.8810 we can expect those Sellers to become active again and to try and push the price downwards from here again. This should make the zone around 0.8810 a strong day trading Resistance. This Volume Profile setup is called the “Volume Accumulation Setup“. It is my favorite Volume Profile setup and you can learn all there is about it in my Elite Pack Trading Course. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale
EUR/AUD Volume areas 📊Hello guys, today, I would like to have a closer look at EUR/AUD. There has been an interesting development as the trend completely changed from downtrend to uptrend. Also, the change of trends was quite rapid. There was a strong sell-off, and then just after a few hours of rotation a strong buying activity took place. When there is such an aggressive change of a trend, then I am always interested in the volume distribution within the strong rejection area. I am most interested in the volumes that got traded right before the change of trend occurred. For this, I use my custom-made Volume Profile tool. One of the handy features my Volume Profile has is that you can use it to look into specific areas in the chart which you are interested in. Just like the rejection here. As you can see in the picture above, I used the Volume Profile to look into the rejection – into the area where the trend changed. That’s the most important zone. The Volume Profile revealed a significant volume zone – a volume cluster that got formed just before the trend changed. Significant Volume Cluster What does this volume cluster tell us? It tells us, that at this place heavy volumes were traded. Buyers were buying everything the Sellers had to sell. They were buying aggressively and when the Sellers ran out of fuel, the price shot upwards. Strong institutional Buyers pushed it there – it’s those guys that changed the trend. When the price makes it back into this rejection zone again at some point in the future then we can expect those strong institutional Buyers to defend this zone again. This zone is clearly important for them since they were buying there as crazy before. So, when the price makes it back to the volume cluster zone starting at 1.6021, those Buyers should start aggressive buying activity (using Market Orders ) and push the price upwards again. This should make the zone around the volume cluster a strong day trading Support. The Volume Profile setup I used here is called the “Rejection Setup” and you can learn more about how to trade it in my Volume Profile Trading Course. I hope you guys liked my analysis! Let me know what you think in the comments below! Happy trading, -Dale
by Trader_Dale