AUDJPY Short planBased on the Wyckoff methodology and Volume Profile, we can assume the current channel is distribution, and price potential moves down next week. If the price reverse to the 92.3 - 94.2 area, I will do a short trade at 92.6 and the 2nd entry is 94, then hold it to 84.7.
This setup looks very basic, but it's really effective. Let's follow the plan and see what will happen.
Volumeprofileanalysis
Volume Profile on NZDUSDDrawing volume profile on the given trend gives us HVN's to consider as buying zones. our first HVN is marked with blue rectangle in addition to that we can see base candles there." if you are familiar with RTM terminology." So that level could be a valid long zone.
Second zone is our POC level which still could be a valid long zone.
Be Sure to watch for news (PCE, unemployment claims, PMI ) during the US session as they could severely impact the market.
Volume Profile on NZDCADWe start by drawing a volume profile on the bullish trend. It gives us high volume nodes which could potentially act as support levels, should price drop.
I take the POC level (red line) with my usual risk percentage(1%), and the first area of support with half of my normal risk provided that factors are in place upon entering the position.
GRND IPO POP then DROPOn the 15-minute time frame, the price action is decidedly bearish
over the past couple of days. Gauss filters downward.
The Ichimoku resistance against a reversal is thick.
Price has dropped more than 15% each day.
The RSI indicator shows dismal strength and no signs of divergense
to herald a reversal. I am in this as a short seup and
have profited well taking a partial each day. Option plays
are not available. Once the bear trend burns out, this will be
worth looking at for a slow uptrend. So once the relative strength
drops to below 25% or some bottoming wicks and Doji candles
appear on the lower time frames, I will look to take the profits
and trade the uptrend. ( this may bounce up from the POC of
the volume profile as a reaction to support. )
PLAY the VOLATILITY !
QQQ Sustained Uptrend representing a retracement down to the Fib 0.382 level from the top one week ago
on the 30 minute time frame. Double bottom at the fib level. Additional confluence
from the anchored VWAP -3 stand deviations as well as now a gain today into the
price of the POC line of the local volume profile confluence into the VWAP.
Apparently, there are now buyers who will need to pause for the holiday.
This appears to be a rally of sorts for this index fund and a decent long setup.
The call options with Friday's expiration did quite well.
YANG China 3X leverage Bear ETF UptrendAfter uptrending from a double bottom ealier this month,
by the volume profile YANG looks to recover to 26.85 which is also a good 50% retracement of
the down trend. Moreover, the uptrend could extend to a second target about 32.
This could be a good swing long setup with a great reward for a small risk if setting
the stop loss just below the POC black line at 17.25.
Observing the volume on the price to track actual big buyer
Technical analysis can be used in many ways.
Someone applies to AI projects and also someone uses only the trading view tools function that is enough to predict price the first sight.
As you may see in the chart view, we need to find the pattern of the accumulation phase.
The question is how we know the big buyers (insider/hedge fund/billionaire) are buying.
Normally the stocks will have price making, the price maker can be the owner, big buyer, hedge fund, and every beneficiary.
We need to follow the price maker, and you will able to make a big shot.
To find the big shot on stock, there are several methods.
I would like to share with you my methods for finding the big shot of trading.
1. Deep-down price
We need to find the panic sell from all traders (big/small traders).
It will be the first significant falling down of stock price at least 60 percent of the maximum price.
people need to don't trust the stock anymore.
2. Let it fall
After the price is falling down, you also don't know if this is the end of the bearish trend or not.
In this phase, we need to action nothing and wait until the volume increase in term of price.
Volume has 2 types. 1st is volume based on time. 2nd is volume based on price.
3. Acute-Angled Triangle of volume profile
The degree of the triangle will represent the buyer are buying.
the fewer degree of a triangle and a long time of stable price are the meaning that the big buyers are still not completed buying.
They will not let the price go up until they accumulate stock enough for running a new cycle.
Our duty is buying in this phase too.
These are only 3 examples from many for finding the stock to take a big shot.
We also can use coding to track which significant price of each stock of each month.
SPY Capitulation! Bears in full controlIn this analysis of SPY, this is the third time in history of SPY (excluding Pandemic black swan event) that the RSI has gotten into the bearish control zone on the monthly chart.
Historically, this only happened in March 2001 and March 2008 before the market capitulated.
In 2001, the market retraced 50.45% from ATH and in 2008 it retraced 57.41% from ATH.
There is a huge volume profile node at around 210 which would be about 56% retracement, in align with historical data.
The Federal Reserve still has at least three rate hikes to go. Furthermore, the quantitative tightening cycle is putting a lot of downside pressure on the market as the fed unwinds their balance sheet.
Short CAD CHFHi,
For my daily trades and for swing trades also I'm using historical levels of this pair and trend lines ; volume profile.
Volume profile. VWAP and trend lines are my main weapons to have some perfect trades with 2R+
I always start with the highest time frame and I'm going down up to 15 mins.
In this way, I will have always a clear vision for what matters
BTC: Still a Bear's MarketIn the current price range and liquidity zones, we see significant selling pressure (bears in control), with not-so-significant buying pressure (bulls not interested in holding longs).
This can be ascertained by the cumulative delta at three points in time when the price was at the current level, creating pivot points for reference:
June 15-23
Aug 31-Sep 7
Sep 22-27
Note the rejection of buyer interest at each of these pivot points, indicating that the price should move to a lower zone of liquidity.
Two confluences that would indicate bulls are controlling the market would be (1) Cumulative delta consolidating ABOVE the highest pivot point, AND, (2) the price is trading above the highest long-term pivot point (purple).
We also see bearish divergence in the RSI while the price has been trading in the current range.
An increase in price without the cumulative delta breaking the highest pivot point is a strong indicator of a bull trap to knock out long positions (possible warning zone) before moving into liquidity below the current zone, namely $16.5-$17.2k
We are currently trading roughly in the middle of the current range, between major liquidity levels. This, along with increased volume usually indicates a move to one end of the range is in the works.
SUMMARY
Recent RSI bearish divergence coinciding with strong rejection of cumulative delta (CD) pivot points at major liquidity zones. Possible bull trap incoming if CD remains in downtrend against price.
Thank you all! Please share your ideas and if you've found this helpful, insightful, infuriating, or interesting, please 👍🏻 That's what keeps me coming back!
This is not financial advice, DYOR and due diligence, don't invest more than you can afford to lose, and remember: Nobody missed the boat, it's barely started boarding 😀
Buy XRP around the zoneBuyers did not tolerate breaking of the level!
Generally, by breaking a level down more sellers join the market, if buyers be able to move the prices even higher the broken level it's a good sign of their power. some classical analyzer may find a Head and shoulder here!
Bulls are so strong and price react bullishly to the dynamic levels. I'll buy some XRP around the level and keep them until the VP line is touched. If it easily broke the line I'll keep them to the next level but if I see enough rejections in LTF I'll sell them all.
In case of SL I suggest the stabilizing under the trend line as the SL.
Price Action + Volume Profile "An Edge"Price Action by itself is a penetrating weapon when it comes to trading Successfully. Having it combined with volume profile gives you an extra edge over others. More precise entries plus better Stop Loss Placement.
We will begin by identifying the important demand and supply zones using variations of price action patterns and structures. then once those areas have been spotted validity of them is confirmed by volume profile. And finally entry is selected
GDX gold miner ETF setting up LONGAMEX:GDX
Based on the 4H chart as well as the price action of spot gold
using an EMA ribbon cross-over as well as the volume profile,
I have set up a long trade with two upside targets of about
10 and 20 % upside respectively with a stop loss of about
4% which would be adjusted as soon as the price rises above
$ 27 to move the stop loss to the entry price making for
a breakeven free trade after that. Overall, spot gold
is sitting on support with a bullish RSI divergent pattern.
I also see GDX as a candidate for the intermediate term
call options out of the money about 15% above the current
price being between the two targets.
XAUUSD IS it ready for a trend reversal?XAUUSD has been in a downtrend on the daily chart
however on the chart I see the basis band of the Bollinger Bands
( SMA20?) on a slow uptrend. Impartantly, the when price
is in the area of the basis band, volatility is increased. Price could
push threw it or bounce. The K line of the RSI indicator is
below the histogram and its slope is decreasing, indicating
that a potential reversal is slowly insuing. Price is below the
POC of the high volume area within the volume profile. The POC
tends to act as a magnet pulling price to itself which would be
an uptrend. Fedral calendar events tend to increase volatility.
All in all, I see a bullish scenario further supported by the cup
and handle disussed in another idea.
dropping
Bitcoin VRVP suggesting downward move$BTC currently balancing on the VAL and wanting to go below it.
Once we start moving down, the volume profile (right) suggests we will move down to 20850 at an increasing pace, possibly to halt there on support for a bit.
**If** we lose that, I think there is potential for things to move downwards fast and rather steeply, as the volume profile suggests.
GOLD'S NEXT MOVEOANDA:XAUUSD
On the 15 minute chart XAUUSD, in the past day has
moved up and beyond the high volume area of the profile.
RSI pivots are shown, Supply and Demand Zones are
drawn onto the chart.
Overall, Gold is setup fpr a short position first
targetting the POC price line as support may hold
there. If price breaks that support, I am looking for
it to move lower below the high volume area into
support loosing momentum along the way.
A Dive Into My Swing Trading Approach (+setup) This video was a short synthesis of my swing trading approach. For the amount of information I presented, I'm not expecting to successfully being able to convey my means and ways in one short video, but I'm glad if I could at least show a different perspective.
Some important things I forgot to mention:
- The tolerance for identifying a visual weak liquidity pattern is 2 ticks, 3 ticks during highly volatile days (for the ES). This can change from one market to another. Anything more than 2/3 ticks is considered a move of conviction supported by strong liquidity, a market that has the confidence to see what's beyond a certain point to then either sharply reverse or move forward.
- Using this method I CANNOT know what the market makers are exactly doing, there is no way to know, they will always be a step ahead of any brilliant retail trader. However, we can understand their logic and the weak traders' logic, the latter is the type we want to trade against.
SETUP
As I said, I favour a short trade, but as of today I have to remain on the sidelines. During this times is important to be flexible and change ones bias if that's what the market is suggesting. I will post my set up (if any) in due course.