Volume Indicator
ETH BOT going down the slopeMy stupid bot ends up being smarter than me. I outsmarted it this time shorting 8800, let's where this round of man vs machine will take me... :)
CADJPY: Selling at fresh supply zone.CADJPY: Selling at fresh supply zone. Also entry for buying after this price drop is buying at fresh demand (see related ideas).
AUDUSD Reaction.Seems history is going to repeat itself. We got nice re-bounce at the 0 level which indicates volume clearance as a possibility for coming events.
If so there would be a pullback up to 0.73500 follows by immediate rejection. Surly its first target going to be nearest POC at 0.72500.
Goodluck
USDCAD: Bitter Sweet TradeUSDCAD: Bitter Sweet Trade. Buying at fresh demand and selling at fresh demand.
GBPJPY: Selling at fresh supply level. TP at fresh demand.GBPJPY: Selling at fresh supply level. TP at fresh demand.
AUDCHF: Buying at fresh supply zoneAUDCHF: Buying at below average volume candle on fresh supply zone
EURUSD-160412-CCI/RSI-G1W-LONGIs an update of the original idea.. the price FX:EURUSD is "stable" at the last days, but the last was a doji and now is presenting a bear candle, the 1D volume weighted stochastic show a exhaust bull trend.
The price at heikin Ashi show an undecided action price (a end with doji in hekin is not undecided) and indicators with a overloaded uptrend.
The plan is OK, but need to revise at 1.05 level
Potential support levels from the Volume ProfileIf we look at the volume profile (15-minute chart showing the last month) and focus on the higher volume areas, we can draw these four zones that may act as potential support levels if price breaks lower. The issue with predicting these support levels is the Italian referendum result is likely to cause volatility.
Low Volume PocketAnyone else wondering what just happened to the Dax? I wonder if this low volume pocket had anything to do with it.
TRTC BreakoutMarijuana industry is bomb. High volume at a technical level. Level was breaches just before close on 10/24. Going to go wild in the next month up to Nov 8 voting for marijuana legalization in a handful of states.
Bullish & Low RiskWatch for LNTH to make a move back up to past resistance around $9.70, Price has just broken above the resistance line and it is also just above the 50ma which has been acting as a dynamic support for quite some time. Also volume has been increasing, MACD looks like it is soon going to crossover and the Squeeze Momentum indicator is currently bullish.
Momentum Squeeze Play, GSVIncreasing volume, MACD crossover, broken resistance line, squeeze momentum on. Price target of $3.00, for just under an 18% return.
Ride the GPRO bandwagon?POOR FUNDAMENTALS, BUT VALUATION COMPELLING?
It took a BUY rating from BAC, ahead of the much anticipated Karma drone product launch (conference due today) to propel the shares significantly higher, even though the company has been suffering from decreasing topline growth rates and an unprofitable business model. Will this trend continue?
TECHNICALLY STRONG
After the infernal descent of 2015, this year has mostly been one of consolidation for GPRO. Since the all-time low of mid May 2016, it has staged an impressive rebound (c. +80%) and it seems that the rounding bottom formation of 2016 is ending successfully, in a breakout to the upside supported by good volume and preceded by a golden cross. Today is the 3rd day of vertical upside on significant volume, suggesting some sustainability to this movement.
Those tempted by further potential upside could initiate a partial position here and buy further on weakness all the way to $14.00. If the breakout is further confirmed, the upside potential from here could be substantial but given the recent outperformance, the trade should take time to unfold. Allow wide stop losses to give this trade some time.
HOW TO TRADE THIS?
Key levels on the downside: $15.00/14.50/14.30/13.50
Key levels on the upside: 16.25/20.00
Aggressive investors should use a 13.50 stop-loss (-14%)
more cautious traders should use a 14.30 stop-loss
Alternatively, buy a 21/10 OTM Call with a 19/20 strike and pay some 2% for unlimited potential upside
USDCAD ShortMarket profile setup... Open day is big rezistance for market... Asia seazon is down... So now will be test open and continue direction down.
DAX 30 NEW SUPPORT LINE + RSIAs you can see in the chart, the previous Resistance becomes now the Support (10640 area).
Take a look at the RSI too, you can see the area where the RSI ends the exhaustion (small downtrends), so that line works as a support in the RSI, but doesn't mean it has to be touched.
Today is Friday so volume is usually weaker. We may see DAX drop a little but coming back up immediatly.
Last few day's volume confirms the uptrend, everyday we see bigger volume than in the previous day. As I said, it's Friday so the volume might not be as big but on Monday it's going to increase again.
AUDJPY long term buy opportunityAUDJPY looks finished with its down move and now preparing to take off. This is a big move, which once passed through resistance will land at Target A and even further to Target B. As the demand zone is just below the strong support, there is a great R/R ratio here. Enjoy your flight :)
EUR/USD short - big volumes and institutional orders at 1.1177EUR/USD short - big volumes and institutional orders at 1.1177. Will go short there with 10 pips profit target and 12 pips stop loss. Hope that the market will retrace to this level before US session ends.
$TWLO downtread broken and volume catching upTWLO first piercing of downtrend with Volume signals a nice B/O , continuation of uptrend with confirm
