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Forex (When To Trade Is High Liquidity & Volume Time)The highest liquidity and volume in Forex daily is from end of Tokyo session to end of London session. This is best 12 hour time frame time to trade Forex is in between those times, if you are scalper or day trader. Noted on 1 hour chart of AUDUSD is noted times from 10 p.m. to 10 a.m. (PST/CA/USA times)= you need to change to where you live. What happened in-between those times on Friday with AUDUSD- a great trade with a Harami two candlestick setup right at Tokyo/London overlapping session, at demand zone area, during the high liquidity and volume period of day in Forex. RR set up of 1:2.5 risk/reward or 20 stop vs 50 target. Yes, this is how you keep Forex trading simple, just trade during this 12 hour period - and look for: 1) Engulfing two candle hourly setup 2) Harami two candle hourly setup 3) Pin-bar three candle hourly setup 4) Trend, Key Price levels, Momentum 5) Trade right pair, at right price, during right session and at right time of day. Make Forex Trading Great Again by winning and taking what a pair gives you in a trade on a chart. Trade what you see not what you feel. Only you control when you enter and exit an individual trade- so put the most probabilities on your side to win more and make more.
Education
by Anbat
2
Supply and Demand patterns scanned automaticallyVery often the main issue for traders is to just on time (quickly?) spot on chart correct patterns that may warn traders about incoming to market Supply or Demand. Everyone tries to catch reversals as this is beginning of potentially long new trend. And asking yourself try to answer honestly to yourself - how often you skipped the move because you didn't notice it at first glance and only it was visible to you AFTER the move happen, when you revisited chart and tried to take lesson learnt from chart and wondering why you didn't enter trade that time.. There could be a lot of reasons of that but one of main that I try to fight is - eliminate subjectiveness. Therefore still I don't automate trading, but try to get potential signals identified by software. After multiple months of research and work, I modified original VSA approach and prepared better version of definitions combining knowledge and tips from multiple VSA Experts. That's how software was created and is learnt to identify Demand and Supply Signals automatically notifying me via alerts/notifications about potential trades. When we add to those signals automatic drawing of Volume Zones, we have complete trading system. Especially during first retest Volume Zones works like a charm when there's perfect opportunities to enter trades in original direction of first breakthrough. On chart I also marked recent examples of Demand & Supply signals that were identified by Scanner BEFORE the trend move happened. Still judgement of trader (manual) is needed but Scanner gives already big edge on market. Combining this with Volume Analysis known from VSA approach and with knowledge about basic market structures, there's no other option than become profitable trader. Of course if you follow your own trading rules and properly manage money alongside with Risk:Reward ratio.
EUREX:FDAX1!Education
by skyline-trader
How to use the Tick and Price Action Indicator for NQ 5 minuteHow to use the Tick and Price Action Indicator in concert with Value Area for NQ 5 minute 1) Identify the fibonacci extensions based on previous day value area 2) Activate developing VA for the current day 3) Apply the Tick and Price Action Indicator and follow the arrows and colours 4) Enter only if NQ is trading outside of the current day Value Area (see your developing VA for this as outlined in step 2) 5) Use the fibonaccis in step 1 for support/resistance
CME_MINI:NQ1!Education
by GanesaPonraja
1
High or Low Liquidity & Volume (When Is It?)Liquidity and Volume (When Is high and low periods of both?) Generally per day in Forex trading 24/5 market their is 12 hours of low liquidity and low volume, which is after London ends to Tokyo ends. Then, the other 12 hrs of high liquidity and high volume, which is easier to scalp or day trade which is at end of Tokyo to end of London. You would need to know when Tokyo ends to London ends in your time zone (yes that overlaps New York 1st 4 hours too). Best hours to trade. For your health: keep Forex trading within a certain times of days, so you can live life and maintain balance and enjoy fresh air......
Education
by Anbat
UNDERSTANDING PRICE ACTION USING FIXED RANGE VOLUME PROFILE Hello Tradingview, Thank you so much for providing traders such a beautiful platform and it will not be an exaggerating that you are the idea master as your idea for adding community and allowing users to interact with each other and sharing knowledge with each other has changed the of trading of many. Today I want to write something about one of your great addition to the system , that is FIXED RANGE VOLUME PROFILE which I believe would help many either in taking decisions or to filter the confusion. The terms to be used in short What is Volume Profile? Volume profile is a charting feature (or indicator) that shows the traded volume amount of an asset, over a specified period at certain price levels. Volume profile shows this data as a histogram in a Y-axis (vertical) next to price levels. volume profile uses the past traded volume and all of the strategies and plans are coming from historical data. POC -- Price Of Control, The point of control is simply the price at which the largest trading volume has been made over a period of time (buy/sales). This point is a rare point in the market because it is an indicator that can be observed before and not exactly when the price change occurs.POC or Point of Control is the highest volume node on the volume profile. The point of control is the longest volume bar on the volume profile and there are lots of volumes transacted there. Traders use POC as support and resistance or an important retest point. Value Area (VA) A Value Area or VA is where 70 % of the volume is located in the volume profile. Determined from surrounding nodes of POC. In this area, the volume profile gets a little complicated. what this means is that 70 percent of total volume transacted on the chart had occurred cumulatively at these price levels which are called Value Area or VA. The Value Area is a Market Profile concept. This is an area demarcated by 2 prices which bound the "most traded in" part of a time period. Technically the value area is 1 standard deviation away from the most traded at price which is the price which has the highest number of TPO's. This price is also known as the Point of Control (POC). Each time that the market trades at a price during a half hour bracket a letter is added to that price (one per half hour) and a vertically aligned bell curve is created. The middle chunk of that chart is the Value Area. Typically, the upper and lower prices of the Value Area, know as Value Area High (VAH and Value Area Low (VAL) are seen as support and resistance lines - in their simplest terms. Developing Point of Control (Developing POC)-- A Developing Point of Control is a change of POC over time. As a POC can change over time, you can see the change by looking at the Developing POC line and what it was in the past. Developing Value Area (Developing VA) A Developing Value Area is a value area that is changing over time. As the value area changes over time, you can see the change by looking at Developing VA. Developing VA is determined on the price action and is shown by two lines which show both Value Area High and Value Area Low over time. Volume Profile Rules You can identify market states with a volume profile. When you found out what market state you are in, these rules tell you what to look for in volume profile in different market states. If the price is consolidating (ranging price): Value Area will be located in the middle of the volume profile. The price will bounce between HVNs and LVNs If the price is trending upward (uptrend): The value area will be located at the bottom of the volume profile. The price will likely retrace to Value Area High If the price is trending downward (downtrend): The value area will be located on the top of the volume profile. The price will likely retrace to the value area low. Clearance A Clearance is an area in the volume profile in which only LVNs are located, and there are no HVNs(high volume node) on that area. If price enters, this territory expects the price to fall or rise very quickly until it hits a significant HVN.The strategy is when you see the price is going up or going down and it goes through major HVNs; it shows you the momentum is on that side. You should wait until the price goes through HVNs successfully and arrives in a zone in which lots of LVNs (low volume nodes) are there. You can buy (if the price is going up) or sell (if the price is going down) through the LVNs.(literature copied from the internet). Now if we analyze US 100 chart with this strategy, from the weekly chart, taking last 20 weeks as history, we see that POC line becoming 14990 and it was hovering around 200 points since last four weeks, but could not break the POC. Fibonacci level 2.272 is coming at 15422 and this beautiful FIXED RANGE VOLUME PROFILE is indicating that a new value area is developing around 15443, and here this indicator becoming special from other indicators as we have got a point 14990 as POC, which will act as a long term support, fibonacci level 2.272 , at 15422 will act as an immediate support if it gives a close above it today as it will be a daily close along with a weekly close.And this move can be considered as a real break out, not fake. This indicator becoming special for this kind of market behavior where either new highs are forming continuously or new lows are forming continuously , I mean where traders becomes confused and make a mistake . Finally hopes start trading waiting & waiting and often ends in a tragedy. I believe from the above logical calculations, a conclusive assumption can come out that it will be a buying call which can be more profitable rather to sell like a gambler. And coming to this conclusion, the contributions of this indicator is worth praising. Thank you once again Tradingview.
UEducation
by Somanathrout
Why Volume MATTERS! -a TV tutorial-I'm sure that you've heard a lot about "volume"... But you have probably found it pretty hard to make heads or tails about what it actually means and how you can gauge what may happen to price by reading volume. I have long found that volume has been an "enigma" as a trader. Seemingly no real method to it's madness, but I have always heard that it is in fact a VERY important tool in trading. Honestly, it took me a while to comprehend what it actually means! Why some areas have high volume and low volume, and how to make sense of it. The best way I have heard volume explained is that it is a measure of traders' PAIN.... While that is not a far off description of volume, I have a better explanation for volume: INTENT. As you can see in the main chart above, I'm using several methods to show you different support and resistance levels. THEREIN LIES THE KEY...Resistance and support by itself is useless, because you can't gauge price's intent to cross it or bounce from it..... But VOLUME is the key to unlock price action's intent of bouncing from support or resistance or crossing it! Here is the best way to get your mind around what volume actually means to you: -LOW VOLUME at a resistance or support point means that there is very little INTENT to cross above or below it. (BOUNCE) -HIGH VOLUME is the intent of market makers to push through either a support or resistance price point. Seems super easy right? Well...... Not so fast. If you have spent any time around charts, you understand that there are two distinct different ways to measure support and resistance. 1) Either at key bottom or top consolidation levels. 2) Trend lines If you take a look at price currently on Bitcoin in relation to support or resistance, you will see that we have just crossed right above a resistance trend line... Most traders would likely jump right into a long here, not recognizing that we are also at a price resistance point (easily seen on VERTICAL VOLUME PROFILE). Would you long here, or would you short? Answer: You would likely short here... Why? Answer: It is not just necessary to understand trend lines being resistance and support. You also need to see price points of resistance and support. Currently, we are seeing low volume at an obvious price resistance point (as seen on vertical volume profile). This gives you an indication that just because we have pushed past a trendline, volume is rejecting this price area.... IF, and only IF we pushed past 49200 on this chart with HIGH VOLUME would we stop loss and go long. Otherwise, we have a reason to believe that market makers are not interested in moving higher here, and we simply retraced up only to go right back down from here. If you notice the red boxes on volume, the arrows that point towards price will highlight the fact that price always ended bouncing from a resistance or support point on low volume. Every high volume bar you see on the chart, gave intent on cross either a resistance/support trend line OR resistance/support price point. Hope this helps you become a better trader to base your trades on volume instead of simply support or resistance!
Education
by Zulu_Kilo
6
Top 5 Most Traded Forex Currencies & Sessions The Top 5 Most Traded Currencies in the World 1. US Dollar (USD) The official currency of the United States of America, the US Dollar is also the world’s primary reserve currency. Most traded currency pair: EUR/USD Most active trading session: New York and London sessions 2. Euro (EUR) The second widely traded currency is the Euro. Most traded currency pair: EUR/USD Most active trading session: London and New York sessions 3. Japanese Yen (JPY) The Japanese Yen is the official currency of Japan. Most traded currency pair: USD/JPY Most active trading session: New York and Tokyo sessions 4. Great British Pound (GBP) The official currency of the United Kingdom and its territories, the GBP is known colloquially as the Pound Sterling. Most traded currency pair: GBP/USD Most active trading session: London and New York sessions 5. Australian Dollar (AUD) The Australian Dollar is the official currency of the Commonwealth of Australia. Most traded currency pair: AUD/USD Most active trading session: Sydney/Tokyo and New York sessions
Education
by Anbat
Boxes trading strategy example. $ABNB stock.Continuing my tutorials on boxes trading strategy. This time let's analyze NASDAQ:ABNB stock price movement. Taking all appropriate steps as described in my first lesson: 1. Identifying long-term trend channel. 2. Finding supply and demand zones. 3. Drawing a box inside which price is moving sideways. 4. Buying demand zone bounces. 5. Watching for breakouts. There are some curious details in this stock's price movements. We can see there was an attempt for a breakout from the box on the session opening of July 1st. However, there was not enough volume for the move higher, so the breakout failed. As expected, the stock reversed to go lower in the followind days. Even though this stock is in a falling trend channel, it's very news sensitive stock. For instance, if there are positive news regarding COVID mitigation, we could see a major breakout from the falling trend. ----------------------------------------------------------------------------------------------------------------- Airbnb has been on my radar for a long time now. Personally, I think it's a great long-term investment and I've been buying the stock on it's way down. I believe it will be a great post-COVID play. ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise.
NASDAQ:ABNBEducation
by AyBe_Invest
My investment strategy. Example of my own $AMD position.I've been investing in NASDAQ:AMD since the last year. AMD is one of my biggest positions. For my long-term investgment portoflio I use fundamental analysis to evaluate stock buying opportunities. If I like the company I then use technical analysis to determine entries, exits and targets. Here is my technical setup on NASDAQ:AMD I use a combination of technical indicators. Here is my process: 1. Determine current long-term trend channel. 2. Find supply and demand zones to form a box inside which a stock is currently moving. 3. Watch for the box breakouts using volume as an indicator of move's worthyness. 4. Find new boxes after the breakouts using the same process. 5. Rince and repeat. This investment strategy is pretty flexible. You can day trade/swing trade inside the boxes. You can buy the breakouts when you identify them and sell in the next box. You can accumulate large positions at demand zones of multiple boxes for a long-term. Personally, for my long-term investments I add to positions after the bounce off of the demand zone and trim after breakouts when the move reverses to form a new box. --------------------------------------------------------------------------------------------------- Please let me know if you want to see a deeper dive into fundamentals in the future. --------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise.
NASDAQ:AMDEducation
by AyBe_Invest
Smart Money (Volume & Open Interest)Trade With Smart Money (Key Is: Volume & Open Interest) Bullish- an increasing open interest in a rising market. Bearish- a declining open interest in a rising market. Bearish- an increasing open interest in a falling market. Bullish- a declining open interest in a falling market. Note: Can get historical data on Forex open interest from the COT report (commitment of trader report), on every Friday of week. Open interest is total number of futures contracts held by market participants at the end of the day. Open interest is one of the indicators of a pairs liquidity. Open Interest is used: 1) gauge Market Sentiment 2) Strength behind price trends. Open Interest: increases when traders open trades, decreases when traders close trades, a running total of all open position in a futures contract and indicates cash flowing in and out of the market. More cash come in, Less cash goes out. Volume: Increases every time a trade is opened or closed. Running total of all transactions for a futures contract.
Education
by Anbat
1
What Is a Failed Break?A failed break (false breakout) occurs when a price moves through an identified level of support or resistance but does not have enough momentum to maintain its direction. Failed breaks may also signal traders to enter a trade in the opposite direction of the attempted breakout. Since the breakout attempt failed, the price could head the other direction. A throwback is when the price retraces back toward the resistance or support level just broken. A throwback is not a failed breakout. How to detect failed breaks? A failed breakout reveals that there was not enough buying interest to keep pushing the price above resistance or below support. If a security does not see strong volume and substantial price moves supporting the breakout direction, the chance of a false breakout increases. Take a look at the chart and see how the uptrend line is broken with unexpected low trading volume. If there is significantly increased volume on a breakout, the likelihood of a false breakout developing decreases (but is not eliminated). However, a throwback may still occur.
Education
by BobRivera990
61
Indicator introduction: Custom Volume - Periodic Peaks & TroughsThis script is a custom volume indicator with additional features. But why is this useful? The minimum and maximum volumes, in different time periods, are displayed by labels below the bars. I call them "Peaks" and "Troughs"(Hover your mouse cursor over the labels to see more details) These parameters are widely used in technical analysis . If traders want to confirm a reversal on a level of support–or floor–they look for high buying volume . Conversely, if traders are looking to confirm a break in the level of support, they look for low volume from buyers. If traders want to confirm a reversal on a level of resistance–or ceiling– they look for high selling volume . Conversely, if traders are looking to confirm a break in the level of resistance, they look for high volume from buyers. How to use alerts Note that by creating an alert, an instance of the indicator, with all your settings, will be activated on the site's server and alerts will be triggered by it. After that, changing the indicator settings on the chart will no longer affect the alert. Open the settings window and select the alert conditions as you wish Click the Create Alert button (or press the A key while holding down the ALT key) In the Condition section, select the name of the indicator. Make the rest of the settings as you wish. Finally, click on the Create button. It's finished. After a few moments, your alert will be added to the Alerts menu.
BITSTAMP:BTCUSDEducation
by BobRivera990
51
How to use "Volume Records + Alert" IndicatorThis indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. What Is Volume Analysis? Volume analysis involves examining relative or absolute changes in an asset's trading volume in order to make inferences about future price movements. A significant price increase along with a significant volume increase, for example, could be a credible sign of a continued bullish trend or a bullish reversal. The gradual darkening of the bars is a sign of the strength of the trend. Volume can be an indicator of market strength, as rising markets on increasing volume are typically viewed as strong and healthy. How to use alerts Note that by creating an alert, an instance of the indicator, with all your settings, will be activated on the site's server and alerts will be triggered by it. After that, changing the indicator settings on the chart will no longer affect the alert. Open the settings window and select the alert conditions as you wish Click the Create Alert button (or press the A key while holding down the ALT key) In the Condition section, select the name of the indicator. Make the rest of the settings as you wish. Finally, click on the Create button. It's finished. After a few moments, your alert will be added to the Alerts menu.
BITSTAMP:BTCUSDEducation
by BobRivera990
2
Significant Candles (Find Them)This is where and when big banks and institutions, during large significant candles. They give you a lot of valuable information- that will help you in your trading. Per chart: yellow lines are high psychological price actions where large candles either range, with large bodies or price reacts when it hits them. I personally do not day trade outside of the times of Tokyo end to London end (12 hours), which is highest daily liquidity and volume times of Forex- other times scalp for 12.5 to 25 pips related to low liquidity and volume. Also, Monday and Fridays have lower liquidity and volume then Tuesday thru Thursday, so might do more scalping or short trades. Significant Candles happen: During The Right Pair During The Right Session At The Right Price At The Right Time + Large Ranging candles, With Large bodies and Price reacts to candle once it reaches it.
Education
by Anbat
4
REASONS not to trade 1st hour of sessionIf you are either a scalper trader and/or a day trading, the 1st hour of new session is never a place to trade: Here are some reasons: 1) Low Liquidity 2) Low Volume 3) Very High spread widening ( can be 15 to 20 pips) from broker 4) Very Large hourly candlesticks (example: 88 pip large clearing doji candlestick) happens for broker to take both buyer and seller positions out. Note: 1st hour of session is during Sydney session, then afterwards Tokyo session starts. Increasing liquidity and volume starts end of Tokyo. Part of your plan should be: Pairs to trade When to trade What setups to trade Trading edge & Strategy Do not be greedy especially during the financial craziness going on in most countries around the world, just get a piece of PIP PIE in a trade if you are either a scalper or day trading. Use risk management and commonsense- this is no place to gamble with your money- use probabilities of success of setups.
Education
by Anbat
3
Smart Money- (Accumulation-Manipulation-Distribution)This is applicable to any time frames but example attached chart is daily. You could be able to do this on any charts and will keep you trading with big banks or smart money. Please practice this on charts- retail traders should never fight big banks but get on the trade ride with them. On charts you need to be able to see and block in the following areas look like: Accumulation (Buying) looks like in bull and bear conditions Manipulation (Trend) looks like in bull and bear conditions Distribution (Selling) looks like in bull and bear conditions. Trading Forex is half trading edge, plan, risk management and other 1/2 is knowing what smart money is doing and how to trade to exploit it and win.
Education
by Anbat
Indicators For A Volume Profile Based Trading StrategyVolume Profile has been popular among futures traders since the beginning of electronic trading and the introduction of TPO charts. I use several scripts from the TradingView Volume Profile Suite for a trading strategy I'll teach in a upcoming video. For now, here are the scripts and indicators applied to the charts I show in this, and past, recordings. Indicators on the 30m Chart: Volume Profile > Session Volume HD PriorDayOHLC (Available in the Public Library) 233 EMA (Built-ins) Indicators on the 5m Chart Volume Profile > Visible Range VWAP Stdev Bands v@ Mod (Available in the Public Library)
CBOT_MINI:YMU2021Education
by RodCasilli
54
General Rules in Volume AnalysisThe market is bullish if a new high occurs with heavy volume. A new high on light volume is deemed temporary. A new low price with high volume is a bearish indicator. A new low on light volume is less significant. A rally to a new price high on expanding volume but with less activity than the previous rally is questionable. It may point to a coming reversal in trend. A rally on contracting volume is questionable. It warns of a possible price reversal. If prices advance after a long decline and then go to a level at or above the previous trough, the indicator is bullish when volume on the secondary trough is less than the first. If the market has been increasing for a while, an anemic price increase coupled with high volume is a bearish sign. After a decline, substantial volume with minor price changes points to accumulation, typically a bullish indicator. Volume Price Interpretation Increasing Rising Bullish Decreasing Falling Bullish Increasing Falling Bearish Decreasing Rising Bearish
Education
by RNiedson
2
What is Head and Shoulders Pattern?Introducing series topics of trading systems we gonna do on Tradingview and hope readers can learn something from our educational content. Three main systems are the followings: 1)Pattern recognition 2)Trending following 3)Counter trend Start with pattern recognition, and we will mainly cover two main categories of price patterns: Major Reversal patterns and continuation patterns. Then introduce today’s educational content: H&S pattern , which is probably the most reliable and best known of all major reversal patterns. Most of the other reversal patterns are just variations of H&S. Volume Factor: H&S Pattern is relatively easy to recognize but many people ignore the importance of volume: The head should take place on lighter volume than the left shoulder which indicates a diminishing buying power. And volume should also expand on the breaking of the neckline to confirm the pattern. Price Target: :Also the price target is not guaranteed to be the height of pattern, height may only be a minimum target. Also when we take other factors into consideration such as pivot support area, we need to adjust our price target rather than brainlessly using the height of the pattern as price projection. Coming back to the topic Bitcoin chart as of today. Bitcoin is also forming the same pattern on a larger time frame. What do you think, will Bitcoin hold the neckline and rebounce above the right shoulder to form a new bullish trend or will Bitcoin break the neckline with volume confirmed to aim for the next pivot support (also the previous breakout level) around 20,000? Follow us for more education content on Technical Analysis. Next Topic Preview: The Inverse H&S pattern
BITSTAMP:BTCUSDEducation
by Coinlog
6
Indicator introduction: Auto Trendline & Breakout AlertNote: This indicator will be published soon In short, this indicator is a tool designed for different purposes: 1) Automatic drawing of trend lines 2) Classification of trend lines based on the reaction of price chart and trading volume 3) Receiving trend lines breakout alerts 4) Analyzing smaller time frames is time consuming and tedious, but this tool makes it easy. The following figure shows 5-m time frame chart, you can see the panel of the latest breakouts on it (You can enable the panel in the settings menu): How it works? Trend lines are classified into 6 levels, of which only 3 are enabled by default. Level 01 (Red Lines) is the strongest level. Therefore, the breakout of these lines is the most important signal of this indicator. Volume verification helps you avoid fake Breakouts. As you can see, both the labels and the table show the status of the trading volume when the lines breakout. Trading volume is classified into 5 levels: Over volume (confirmed ✅) High volume (confirmed ✅) Neutral Low volume (potential fake breakout ⚠) Minor volume (potential fake breakout ⚠) This indicator can be used on both logarithmic and linear charts. (Scale in the settings menu can be changed from linear to logarithmic) Finally, this indicator includes a trend line breakout alert and you can be notified wherever you are. you can add alerts to different charts and enter the market in the best conditions. If you like it, please leave a comment.
Education
by BobRivera990
8