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Volumeprofileanalysis

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
Education
by AliHassanzadeh
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.
AMEX:GDXLong
by AwesomeAvani
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
OANDA:XAUUSDLong
by AwesomeAvani
2
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.
CME_MINI:ES1!Education
by LionLazzari
BTC bottom in or more blood?BTC looks like it hit a bottom after LFG cleared out its $BTC reserves to defend its stability. The momentum indicator if continues to curl up may produce a bullish momentum div, not yet confirmed. BBWP reading about to top out, no confirmation yet either upon crossover of its MA. EWT corrective target hit ~$30.7k from 1.272 fibs measured from late Jan. bottom to late March top. Not to mention we've hit the bottom of a fork There are risk factors of this idea not playing such as: BTC continues to correlate with trades/sp500 and drops alongside it as QT continues, and interest rates get risen from the fed. BTC has not retested the 200W MA Cyber security risks w/ regard to complete shutdown of power grids mining BTC and hosting/running many DeFi/L1/L2 services, with nations like RU/CN engaging in non-kinetic warfare. We've already seen RU disconnect intercontinental cables in the Atlantic. As the EU holds out on gas during winter, we could see more desperate measures/retaliation through new avenues in 5th Gen. warfare . Shanghai lockdown fails to prevent the spread of bird flu , potentially inducing another global lockdown If the trade does get stopped out, the next areas of interest for entry would be 23k if we close under $29.2k on the daily, invalidating bull impulsive Elliott wave since late June. The on-chain bottom is ~$27k, and 200W MA is ~$21K, both are also entries in the event of an invalidation. Trade: Entry:$30.7k SL: $26.6K TP: Hull MA ~$36k, ABC PoC ~$39k
BITFINEX:BTCUSDLong
by linebands
Bitcoin changes VPOC to possible accumulationIt is interesting how the Bitcoin $BTCUSDT has changed the VPOC of the volume profile that it covers from the value zone that previously served as distribution, it is one of the conditions that should be met to consider that it may be an accumulation that could put the price back in the value area marked in the box. We will have to be vigilant in the coming days. For now, in analysis of Order Flow in past activity, a great activity of passive buyers has been noted, absorbing all the sales in visits to key levels, demonstrating the great dominance that the bulls have in the low zones of the great weekly range.
Long
by OctavioGarciaTrader