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Vzo

Tech sector showing weakness despite gains on election dayWhen comparing tech focused ETFs/indexes, namely $NDAQ and $XLK, we can see that $SPY has recently been outperforming them. My theory is that this is an unusual case and a sign that tech stocks are near tops. Given that I did not receive the dip I wanted, I have difficulty putting on a short position on tech. There is also the factor that the highs have not been truly swept yet. Just something to keep an eye on. $NDAQ/$SPY $XLK/$SPY For options plays, it would appear leaps for $NDAQ would be ideal, while short term plays on $XLK would work out. $NDAQ is quite illiquid.
AMEX:XLK
by NeoButane
Time Precedes VolumesThis idea is based on the article Time Cycle Oscillators, published in IFTA Journal 2018. As volumes precede prices, the “period of time cycles” precedes volumes. Hence, the simple harmonic oscillator SHO (blue) is leading to the volume zone oscillator VZO. The latter is created by Walid Khalil. Negative and positive divergences between the SHO and VZO help in predicting the direction of the VZO. Also, the SHO confirms and shows the significance of the signals which are generated by the VZO. i.e., the encircled sell signals on the chart. Regards, Akram El Sherbini
EGX:EGX30
by Akram01
1
Throw the Spider back into the green in time for NY OpenPut/call ratio at peak levels. The other time it was higher was in 2010 where permabears got blown out. Weak bullish divergence on VZO. Should deadcat at the very least, as it has been. This is a long on every market in the world, except oil and volatility. Volality recovery TBD, I don't think the oil industry ever will. DJI, a metric that that is not weighted by market cap so wild swings don't make any sense at all, has not hit the 20% bear market indicator yet if measured with the peak being the open of a highest green candle and the trough being the lowest red close. And using monthly candles. Curve-fitting to bias required. Lol
CME_MINI:ES1!Long
by NeoButane
1
EURUSD 1H Volume Zone Oscillator Strategy Long TradeInstall Volume Zone Oscillator & 50sma to your chart. Find in Indicator Search (type VZO) - Public Library - GMAN indicator Change levels from 30 to 40 Change 0 level & VZO line to blue colored line If price is above 50sma bullish bias for long trades, below then short trades. How to Use Volume Zone Oscillator? We’re going to reveal how to interpret the volume zone readings. A move above the centerline will give us a bullish reading. And, a move below the centerline will give us a bearish reading. The most important volume zones are "+60", "+40", “0", “-40", and "-60". Additionally, traders also use the “+5”, and “-5” volume zone readings. Here is how to use VZO in your trading decisions. Here are the four main volume zones to keep an eye on: When VZO rises above and maintains the 5% level, it marks the early phase of an uptrend. Conversely, when VZO falls below the -5% level, it marks the early phase of a downtrend. Oscillations between 5% and 40% volume zones mark a bullish trend zone. Conversely, a reading between -5% and -40% volume zones mark a bearish trend zone. An overbought signal is generated when we have a reading above the 40% volume zone. Conversely, an oversold signal is generated when we have a reading below the -40% volume zone. Reading above the 60% volume zone is an extremely overbought reading that can signal a bearish reversal. While a reading below the -60% volume zone is an extremely oversold reading that can signal a bullish reversal. Let’s see what trading tactics we can use with the volume-based indicators. During bullish trends, volume rises with rising prices. The same is true in reverse for bearish trends. This is basic 101 uptrend volume psychology. For this purpose, let’s examine again the EUR/USD chart. We’re in a clear, strong bullish trend. The VZO is above the centerline signaling buying pressure. The volume zone reading between 5% and 40% also indicate a sustained uptrend zone. A buy signal is generated when we cross above the centerline. The EUR/USD chart above demonstrates how during bullish trends, the VZO has the tendency to stay in the higher volume zone fluctuating between 0 and 40. This is a good method to identify the direction of the trend and trade with the trend. Go to our TSG website - then blog - find volume oscillator article for complete strategy instructions.
Long
by Tradingstrategyguides
ETHUSD - Adam & Eve confirmation above $115 This pattern doesn't appear often because stop runs make uneven bottoms or because a higher low rather than equal bottoms is much more attractive as far as cups going ups is concerned. Quite the price point to be at. There is a chance that a failed breakout will mean new lows, which is dangerous for Ethereum if its $100 psychological support is not held again. It would be a fat short down to something ridiculous. Maybe $12. Lol!
BITMEX:ETHUSD.PLong
by NeoButane