SignalToSignal

Volume Spread Analysis Strength on NZDUSD Four Hour

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
We have a long signal coming in based on our proprietary volume analysis. It's invalid based on our trade advisory system but as with the UJ from earlier it's in a safe spot to go long.

Entry (Strength): .65598 (Reverse Upthrust from our Main Systems)
Stall Point: .65709 (Based on our Market Levels Indicator)
Long term target: .66043 (Based on our Market Levels Indicator)

We will likely see some grinding at the stall point. If it looks weak to get through we may close there instead of the longer term target. This is a four hour chart so trades can be a little longer than normal.

The systems we use to trade is detailed below if you are interested:

Our "Logical Volume Spread Analysis" is a vast improvement on ‘standard’ volume spread analysis. Based on 15+ year combined experience with Smart Volume Spread Analysis software which combines fundamental analysis , technical analysis , and volume price analysis into a powerful methodology that enables you to trade the markets in a way that is uniquely accurate. We have refined the analysis systems and algorithms from our core systems to provide the most powerful Volume Spread Analysis indicator on TradingView.

Our "Logical Trade Levels" (Targets and Stall Points) indicator is a simple but powerful version of support and resistance . We do a fair bit a behind the scenes algorithmic magic but essentially these levels act as very strong support and resistance for entries and also targets. Many of our previously published ideas use these levels to determine likely stall points for our entries as well as best targets up and down. You can see from those published levels how easily you know where price will likely stall out or needs to move through.

The *Volume Trend Advisor* (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength/Long and the Red icon = Weakness/Short.

The complete set of indicator is available on Trading View for a limited time. If you have any questions regarding this fairly simple and accurate method of volume analysis, please visit our website at signaltosignal.com to learn more.
Trade closed: target reached:
Through the first stall point. If it holds above this level (Closes above but not too much above we can expect further movement to the upside.) It was a fairly long and meandering trade which is typical for an invalid signal and closing.
Disclaimer

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