Volumepriceanalysis
Crompton Greaves - Poised move up?After a long sideways move the stock is now attempting go on upward trajectory. Creasing relative strength and Money flow is supporting the up move. Momentum and Buying Pressure are also increasing. Recent increase in delivery volumes indicate good amount of accumulation. Today's ultra high volume is reason for caution. Once we have a positive close above 343 we can expect a 100 point up move.
BRIGADE - A stock to watchThe stock is attempting to cross the previous Rejection zone with Buying Climax like Bar. Relative strength, Money flow is positive and increasing. Delivery Volumes in the last two sessions has ben high. If we have a good quality close above 1108 the stock will move much higher. Need some caution here because of the Very high Volume “BC” bar. The BC Bar supply may provide some resistance for further up move albeit for short term.
HBAR Trading ScenarioWe're looking at how the price of HBAR has been moving recently.
After dropping to a low of $0.0666, it bounced back up to $0.1818. The growth was more than 170%. Then, the price dropped back down to $0.0903. Right now, the asset price is trying to strengthen.
As for now, the market is showing that sellers are in control, so we can probably expect the HBAR price to keep dropping. If you're looking to get in on this, you might want to consider buying when the price touches the 200-day moving average or when the volume level POC declines.
SURYA ROSHNI – Looks good for a quick short term swing The stock was pushed to sub 200 DMA level after facing Rejection around 840 levels. Now the stock is recovering making Higher lows and Higher Highs. Absolute and Relative Strengths are positive. Money is also flowing into the stock. Delivery volumes have increased. The stock likely to test the 840 levels. A quick short term 20% move possible
TANLA looks fantasticTANLA Platforms charts look exceptionally good on both short term and longer term accumulation studies based on volumes.
If you understand the price-action backed by volumes, you wouldn't want to miss this.
Company in a good financial health provides further comfort.
Disclaimer: Do your own analysis before making any financial commitments. This is to spread awareness among the community members. Not to be treated as a buy/sell recommendation.
GODREJ INDUSTRIES The stock has now successfully taken out the Rejection Zone with consecutive Bullish Effort to Move up Bars. Quality Buying seen with increased Delivery volumes. RS and Money Flow has be strong for some time. The stock likely to move higher now . A test of the Rejection Zone is also possible before the up move.
Volume Delta explained : BTC exampleHello community,
One of the most powerful indicators added by TradingView recently is the Volume Delta indicator.
Practical Explanations :
The volume delta indicator serves as a crucial tool for traders, providing insights into the ongoing war between buyers and sellers in the market. 📊 Without it, relying solely on standard volume charts leaves traders blind to who's winning the battle between the bulls 🐻 and the bears🐂 . Moreover, a high volume on its own doesn't necessarily signify a dominant presence of either bulls or bears. Sometimes, amidst the roar of high volumes, the battle is evenly matched, leaving traders unable to discern the potential direction of the market.
Volume Delta indicator shows the net difference between buying and selling volume during the selected timeframe. When the volume delta is positive, it indicates that buying volume is higher than selling volume, suggesting bullish sentiment. Conversely, when the volume delta is negative, it suggests bearish sentiment as selling volume exceeds buying volume.💡
What do spikes in Volume Delta really mean?
If the closing price is far from the upper tail of a green delta volume candle, it suggests that despite the initial surge in buying activity (represented by the tall tail), the price didn't sustain its upward momentum and closed lower. Many examples can be given :
- Buyers bought their coins and sent them to cold wallets
- Presence of liquidation price level or profit taking orders being triggred so Delta volume reached it's maximum.
Traders can use the volume delta indicator to confirm trends, identify potential reversals, and make informed trading decisions based on changes in market dynamics.
Happy learning !
What is going on with GOOGL?Price adjusted volume continues to make lower highs as the stock pushes to all time highs. What is behind it? (Money Flow Line shown here)
- Are people less interested in buying at these prices?
- Are people more interested in selling at these prices?
- Does this divergence mean is the trend expected to reverse? …or will it continue regardless?
- Are big players selling chunks to retail hype?
CARBORUNDUMThe stock after a long consolidation for 10 months is finally trying to move out the consolidation zone. The Money Flow and Relative Strength are slowly turning positive. The buying pressure also was quite high in the recent times. Looks like the stock is on the way to the next wave of up move.
MAPMYINDIA - A stock to watchAfter a substantial down move to sub 200 MA level, the stock is bouncing back. Now it is crossing above the supply line. The Relative strength and Money Flow turning positive. Increasing Buying Pressure. Increase in Delivery volumes indicate some longer term interest. With a positive close above 1916 the stock will test the previous Rejection levels ( 2343-2200 )
waiting for the big resistanceOANDA: XAUUSD. The trend appears to be bullish, but there is a minor resistance system in its way. It's recommended to wait for the price to react to the trend line. If the price reacts as expected, the next significant resistance would be an excellent opportunity to take a short scalp position.
remember the trend is leading to higher peaks.
RADICOThe stock has been moving sideways after facing rejection above 1720+ levels. Bouncing from support zone and crossing above converging short-term moving averages on high volume. Money Flow turning positive and Relative Strength on the verge of turning positive. Today's Delivery volumes were very high, seven times the average indicating longer term interest. Now the stock is likely to attempt to take out the Rejection zone. Looks like 1800+ on the cards. I am looking for a minimum 10% quick up swing.
Market Profile vs Volume Profile: Which one is a better tool?There is an ongoing discussion within the trading community about which tool is better for analyzing market behavior: Market Profile (MP) or Volume Profile (VP). The former was popularized by Jim Dalton in his book "Mind Over Markets," while the latter has many advocates as well, including Peter Reznicek (aka ShadowTrader). With the release of the new "Time Price Opportunities" (TPO) indicator by TradingView, we can now closely examine the disparities between the two and explore which one works better.
For starters, I won't delve into explaining what Market Profile is and all its related artifacts (e.g., TPO, single-prints, poor high/low, etc.). TradingView has done a commendable job explaining key concepts in the indicator description. For those seeking more, Jim Dalton's "Markets in Profile" is a recommended resource, an easier and more up to date reading than the original book. Additionally, there are numerous free webinars available on YouTube.
Both MP and VP serve similar purposes:
1. Assess day character by analyzing shape of intraday distribution (price-time/price-volume)
2. Identify important levels that are not visible on the standard bar chart (VAH, VAL, POC)
3. Spot structural weaknesses and anomalies.
The key difference is in the basic building block: Market Profile uses time at certain price level whereas Volume Profile uses volume.
Let’s look at AMEX:SPY chart to explore the differences
What stands out is that intraday distributions are nearly identical. There are slight differences in key levels (VAH, VAL, POC) but they are negligible. Note how on Wednesday, the price first retests Tuesday's VAH, then Monday's VAL, then again Tuesday's VAH. After confirming support, it rallies up the next day.
From the perspective of the stated goals, we can efficiently achieve the first two, regardless of the tool we use. The third goal is a bit tricky and requries a seperate long discussion. So I won't dwell on it here
In overall, we can see that Market and Volume profiles are pretty much alike and it doesn’t make much difference which one you’ll be using.
Or does it? So far, we looked at the regular hours chart (RTH). What about futures and similar instruments that trade 24 hours? Let's look at CME_MINI:NQ1! chart
Here, the difference in distributions and levels is much more pronounced. The best example is Friday where not only POCs are completely misaligned but even the shapes of distribution (MP is more like a bullish p-shape, whereas VP is a bearish trend day).
The disparity in distributions is explained by the difference in volume traded during regular hours (high volume) and extended hours (low volume). Due to this asymmetry, Volume Profile is always heavily skewed towards RTH. Meanwhile, Market Profile is session-neutral, giving the same weight to overnight and regular hours TPOs.
Understanding of disparity doesn’t answer question of which tool is better. For example, when it comes to key levels, price sometimes respects MP levels and sometimes VP ones. My take is that we need to pay attention to both when they are pronounced. Good example is Tuesday’s prominent MP POC. Although it was built up overnight on low volume, it was revisited the day after and acted as resistance.
To conclude:
For tickets that trade primarily in the regular session (or if you look on RTH session chart only) there is no difference whether to use Market or Volume profile. Both provide same information. (note that volume data on lower timeframes depends on your broker and/or whether you buy real-time data from exchange; reliability of volume data is a separate discussion topic).
If you’re trading 24h instruments I find more useful using MP as it can give important information about non-regular low-volume sessions. For RTH, it will still give the same results as VP. You can also use a combination of two but then you’ll face a challenge of reconciling difference in distribution shape (like the Friday example). As there is no clear answer how to do it, I recommend sticking to one tool at a time.
P.S. I have not done any research on very low timeframe (<5m) for intraday accumulations/distributions. As MP was originally developed to analyze day character (Jim Dalton suggests using 30m TPO) it might not be well suited for lower timeframes (e.g. if you trade within 1h range), and this is the area where VP has advantage. Another point to consider is that currently TradingView provides a wider range of VP tools, incl fixed range, anchored, etc…
KPR MILLS
After facing a rejection at 925 levels the stock retreated to 200 SMA levels. Taking support at the 200 MA level the stock is attempting to bounce back. It has crossed above the 200 and short-term moving averages. It has also crossed above the supply line. The last two bars with wide spread up bars closing up indicating good quality buying. Recent increased delivery volumes also indicated accumulation. Now there is high probability the stock will test the previous PRZ level at 872-925. Other parameters like Relative strength is on the verge of turning positive. Money flow is already positive. Ease of movement will be better once the price moves beyond 802.
XAUUSD Trendline Downside❤️MY FOREX TEAM❤️
INFORMATION
Gold price is set to finish the week with losses, even though has recovered some ground. According to the daily moving averages (DMAs), XAU’s is upward biased, but since reaching $2088 on December 28, it has printed successive series of lower highs/lows, opening the door for further downside. If XAU/USD prints a daily close below $2000, that could sponsor a leg-down to the 100-DMA at $1996.10, followed by the December 13 low of $1973.13. A breach of the latter will expose the 200-DMA at $1965.46.
🔥BUY AND SELL SIGANALS UPDATE ON MONDAY
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Geopolitical Tension week gold in downtrend
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
CADJPY Short❤️Forex Besties❤️
INFORMATION
The cross between the Canadian Dollar and the Japanese Yen is seen as a strong substitute for the USD/JPY pair when a trader is wary of trading the US Dollar. However, CAD/JPY is historically more sensitive to changes in market-wide sentiment than USD/JPY due to the historically higher yield attached to the Canadian Dollar.
NEXT TARGET IS 110.93
Everyone success..👍👍👍
❤️FOREX BESTIES WEB - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Further, the 'Loonie' - as the Canadian Dollar is known - is affected by oil prices because of Canada's energy exports.
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
XAUUSD Geopolitical Tensions❤️Forex Besties❤️
INFORMATION
Geopolitical tensions in the Middle East further lend support to the safe-haven XAU/USD.
Delayed Fed rate cut bets could underpin the USD and cap gains for the non-yielding metal.
💲BUY GOLD 1980-1975 💲
SL @ 1970
TP 1 @ 1985
TP 2 @ 1990
TP 3 @ 2000
💲SELL GOLD 2013-2017 💲
SL @ 2022
TP 1 @ 2007
TP 2 @ 2000
TP 3 @ 1993
Everyone success..👍👍👍
❤️FOREX BESTIES WEB - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Gold price attracts some buyers amid sliding US bond yields and subdued USD price action.
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
Controlled Large Lot Selling Pattern: TMUSTelecom Industry stocks hit the wall of Market Saturation some time ago. NASDAQ:TMUS has a pattern that indicates a controlled selling mode of larger lots before the earnings report. There has been more volume to the downside and money is flowing out of the stock while the price action develops a narrow sideways range. Risk for a breakout to the downside is high.