On CHF/JPY is nice to see strong buying reaction from the price 116.22 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Weekly POC + Strong buying activity +...
Hello guys, in yesterday’s article, I was talking about a trading opportunity that occurred after a strong trend day. It was a day trading opportunity on AUD/CAD . In today’s post I am going to show you exactly the same trading setup as yesterday, only on a higher time frame – on Daily chart . Such time frame is suitable mostly for swing trading (position...
On CAD/CHF is nice to see strong buying reaction from the price 0.7413 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Resistance from the past + Uptrend +...
- BitTorrent is currently attacking new all time highs with record historical volume! - We can see an ascending triangle forming right at the all time high level. - Recently the price broke out of the head and shoulders pattern, congratulation to everyone who took last trade (HaS breakout)! - This trade provides us great RiskToReward ratio 22. - Expected...
Hello guys, in my “Weekly Trading Ideas” post from Monday, I was talking about Resistance on AUD/CHF. This Resistance has not been tested yet but there has been a new Support formed on this pair just yesterday! This Resistance and Support don’t go against each other. They don’t contradict each other. Simply put, when the price reaches the Resistance, then I...
Hello guys, today’s day trading analysis will focus on GBP/USD. The first thing that caught my eye was the price development on 25 February. There was a rotation from which a strong downtrend started. Such a scenario is ideal to trade my Volume Accumulation setup. As you can see in the picture, I marked this rotation with a rectangle. In this rotation heavy...
On AUD/CHF is nice to see strong sell-off from the price 0.7232 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong sellers + Downtrend + Strong...
On EUR/USD is nice to see strong sell-off from the price 1.2227 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Rejection of higher prices + Strong...
Hello guys, today I am going to talk about my favorite combo of two trading setups. The first setup is based on Volume Profile and the other one on Price Action. What I want to see is these two setups align and both point to the same trading level. This is exactly what has occurred on CAD/JPY now. Let me start with the Volume Profile setup first. Volume...
On AUD/JPY is nice to see strong buying reaction from the price 82.13 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Strong buying activity +...
On CAD/JPY is nice to see strong buying reaction from the price 82.654 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Resistance from the past +Uptrend +...
Today, I am going to give you one more example. I will show you this on the recent development of CHF/JPY. Yesterday, and today the CHF/JPY is trending strongly. There is an uptrend and Buyers are clearly in control. When there is such a trend, then I use my Flexible Volume Profile to look into the volume distribution within that uptrend. What I want to see there...
On EUR/USD is nice to see strong buying reaction from the price 1.2079 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Strong buying activity +...
Hello guys, today, I would like to talk about a strong day trading Resistance on USD/JPY. The USD/JPY started a very strong downtrend. It has started yesterday and the price has been dropping until now. The price even shot past Point Of Control of the previous week, which was a strong Support! Clearly, sellers are now dominating here, and for this reason, I...
On EUR/CHF is nice to see strong buying reaction from the price 1.0816 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Buying activity + Strong...
The selling interest around the single currency is looking to gather steam amid reports stating a rise in the number of coronavirus cases C WAVE INDICATOR showing signs of weakness on a Daily Timeframe
AUD/USD has been in the choppy range following its drop to a multi-year low. The new Volume at consultative pause showing short term selling relief.