Nothing interesting here. , some real time trading example of how I use volume profiles with a stochastic and time cycles for scalping intraday.
This is a small snapshot of the volume profile on the 30 minute, but the large view says higher, I believe, and in the shorter fractle, I believe this shows why. We have higher VAH, we are above POC, and we have cleared previous areas of volume.
We start by drawing a volume profile on the bullish trend. It gives us high volume nodes which could potentially act as support levels, should price drop. I take the POC level (red line) with my usual risk percentage(1%), and the first area of support with half of my normal risk provided that factors are in place upon entering the position.
Volume profile is a huge tool at one's arsenal should someone know what to do with it. In this particular example of USDJPY, we can see un uptrend before running into correction. Therefore we draw a volume profile on the given trend to spot where the majority of the volume was traded by market participant. Here is the interesting part, should price drop to our...
Strong support zone--heavy volume Buy @ 2.79 TP: 3.29 SL: 2.29
First down trend ( jackson holes ), now secound down trend (inflation and after that 21 sep FOMC). Will be secound down trend same strong as first? Yellow line corresponds with point of control by volume profile. It will be very strong support zone for buy signal.
Apple been short for a while now when it made 3T headlines It's now trading in the high 140's and may continue to drop all the way towards the low 100's soon -- idk when but the chart shows that it's very likely and would reach a thick amount of bids maybe around the 125 area.
we expect distribution with this bearish pattern and the pair filled to crossing up the 0.71280 and become strong resistance so we will take the next strong HVN as target were is strong buyers will push the price up words as shown on the chart HAPPY TRADE
The next NFT frontier for the apes, APE CHAIN . Could $APE launch itself to compete w/ $BNB? It all depends on how heavily invested/serious they are in building an actual metaverse to reality. Looking at the founders of the coin, how $APE is now a payment currency on open sea , and how most metaverse projects are having trouble launching, I’m afraid $APE is a...
1) Since 17 October 2021 to Till date, if we study on volume profiler, we find the stock near to transition area point. 2) 225 is the decisive area, once it is taken-out decisively, we can expect good transitioning movement. 3) In the 235 area, we may face supply and then may see a pullback to 225 area. 4) We can use the pitchfork, to track the movement and...
USDJPY rebounded from the uptrend line and 50% fib level price above SMA 100 price above key level around 122.50 MACD shows bearish momentum weakness RSI in uptrend line above 50 so its expected bullish movement to resistance level around 125.00
USDCAD trading in downtrend line price below : - SMA 100 - 61.8% fib level - key level around 1.2520 RSI below 50 MACD shows start of bearish momentum so it's expected bearish movement to support level around 1.2360
Even trash coins can provide opportunities for us, so don’t laugh. But the crypto market is looking good to me. And if the crypto market runs, Doge will run too. Doge has been grinding lower while MACD is turning up, bullish divergence. This looks ripe for a pop to 0.16-0.17 area which is the breakdown area, the point of control on the volume profile, and also a...
EURCAD broke downtrend line price rebounded from 50% fibo level and HVN around 1.5388 price based above key level around 1.5422 price above SMA 100 so its expect bullish movement to supply zone around 1.5580