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Volumeprofileanalysis

2023-03-22 EU intraday looking for chance to go long dailyThe Federal Reserve will discuss interest rates in the early hours of tomorrow, and it is expected that there will be large fluctuations. Everyone should be careful. The euro is still the view of the previous weekend's unwinding. The key pivot area is around 1.066, which is also the POC in March. From the details of the day, the 50% retracement is at 1.065, and the trading volume at this position is relatively small. If the retracement reaches here, then you can pay attention to whether there is support. If you meet the conditions, you can continue to do more. If it falls below 1.06, the euro bulls will be in danger. . Before that, we still maintain the bullish idea of the euro daily line.
Long
by EliteOtaku
2023-03-20 EURUSD daily and weekly ideaThe good news of last Friday has already come out, so unless the Federal Reserve on the 24th is more dovish, it will be difficult for the market to continue to rise, at least there will not be too much room for growth. I see more foreign exchange, and the euro is a relatively obvious daily rebound. After the news of the Fed hits the ground, it is very likely that there will be another weekly correction. Especially the weekly support around 1.036 Of course, from a good point of view, the euro's weekly gains have already shown that the monthly rebound is about to start, but it is necessary to wait patiently for the timing and point of callback. Personally, I prefer to observe the specific trend after the Fed's interest rate meeting, and avoid the sharp roller coaster that appeared during Powell's speech.
by EliteOtaku
Trading with Volume profile there was 3 setup for intraday trading first one after seeing rejection of imbalances ( high risk until we entered the Value again ) take profit @ POC or VAL second one after seeing rejection of VAL ( this one was most valid setup of the day , we rejected imbalances and VAL at the same time , there were clear signs in the footprint ) take profit @ VWAP or POC or VAH or even finding new values at higher prices third one was after breaking of VAH and retesting it ( usually u shouldn't enter at breakouts , cause it might be just liquidity hunt . u should wait for retest of breaking point ) take profit @ new values at higher prices i usually dont like break out trades , but there was another opportunity after seeing absorption behind the vwap .
OANDA:XAUUSDEducation
by apix7
💎 Analyzing the Various Shapes of Volume ProfilesVolume Profile is a tool that shows how much volume (i.e. the number of trades) is happening at different price levels for a given asset. It is used by traders to analyze order flow and make inferences about market direction, support and resistance, and potential reversal areas. The patterns in a Volume Profile may appear random at first glance, but there are certain recurring shapes that can be used to make predictions about the market. 🔵 P-Shaped Volume Profile A P-shaped Volume Profile is a chart pattern that typically occurs when a market experiences a sharp rise followed by consolidation. The lower part of the P-shaped profile represents low volume rejection, while the wider upper part shows an increase in trading activity at a "fair" price. These patterns are often seen during uptrends, but can also indicate the end of a downtrend and a potential short covering rally, which is seen as a bullish signal. 🔵 b-Shaped Volume Profile A b-shaped Volume Profile is a chart pattern that forms when a market experiences a sharp decline followed by consolidation. It is the opposite of a P-shaped profile and is often seen during downtrends. The upper part of a b-shaped profile represents low volume and an "unfair" perception of price, while the wider bottom part shows an increase in trading activity and a balance between buyers and sellers. If a b-shaped profile appears during an uptrend, it could potentially indicate a reversal. These patterns are generally seen as bearish signals, as they often represent longs exiting the market. 🔵 D-Shaped Volume Profile A D-shaped Volume Profile is a chart pattern that occurs when there is a temporary balance in a market. The Point of Control (POC), which is typically located in the center of the profile, indicates an equal number of buyers and sellers. Some traders view a D-shaped profile as a sign of a choppy or sideways market without a clear direction, while others see it as an opportunity to anticipate a potential breakout in either direction as institutional players build up their positions. 🔵 B-Shaped Volume Profile A B-shaped Volume Profile is a chart pattern that occurs when two D-shaped profiles appear within a specific time period. It is characterized by a single value area and Point of Control (POC), although some traders may divide the profile into two separate "D-areas" with their own value areas. B-shaped profiles are generally seen as a continuation of a trend, but it is important to note which POC is more dominant, as this can indicate whether activity was highest at the top or bottom of the profile. 👤 @algobuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work , Please like, comment and follow ❤️
Education
by QuantVue
2
XAUUSD Short PlanContinue the Wyckoff methodology and Volume Profile series, today I will do the analysis of XAUUSD. We can assume/define the Buying climax starting from Dec 15, then the price moves down to up, while the volume is just down, which means this wave may not be good - even if the price is still sideways up (Phase A). After that, take a look carefully at Phase B of this channel, the price is continuously sideways but the structure of the volume is broken with a climatic volume at the middle of the range - It is a warning signal as it should not appear as a general rule in the accumulation schemes and therefore could be a footprint to add in favor of the downward control. Focus in Phase C - UTAD, the price tries to leave the value area of the composite profile but is strongly rejected (bear engulfing candles - Dec 27 & 28). The market is not interested in trading at higher prices and that's a new signal is added in favor of sellers. The last signal: Do you see the price's momentum is very weak when it reaches back the UTAD? ----- Once again, this setup looks very basic, but it's really effective. Let's follow the plan and see what will happen.
OANDA:XAUUSDLong
by yinfire
Trade Plan 12/22/2022 P-Shape Formation = Short Covering + Strong Buyers *Possible end to a downtrend if we can confirm the market structure change. TP1> If we manage to Trade/Bid above MAIN POC 3905, I want to see a break above previous POC 3914 (BEARS LIS) to support the upside trade. After than we can go for 3934 > 3960 > 3980 3995. TP2> If we manage to Trade below MAIN POC 3905, the downside is 3886 > 3874, where maybe we can have a BULL Fight, if lost we can ride back to 3858 > 3850 Naked POC. *All trades must be taken after IB (Initial Balance) 9:45am-10:00am #tradesafe #sizekills
CME_MINI:ES1!
by IronMan_Trader
How To Use Volume Profile Tool For Massive Gains! 99% ReturnsDisclaimer: Not Financial Advice Using The Volume Profile as a tool for my Nava Imbalance Strategy, I have made 99% ROI time and time again! 1. How I Use Volume Profile Tool (From Last Major Swing To Present) Blue Lines = Immediate Support/Resistance (Range) - Best entry ZONES, Area to WAIT for BUY SETUPS - Best to wait for price to pass sup/res lines and on the way back enter or wait for a retest. Light Blue = MAGNET LINE (Shows which side the pressure is pointing to) - Price will always come back to the magnet line - IF magnet line is getting closer to one side of the range, Its early indication of direction. - Note, price WILL fakeout to the opposing side blue line before moving hard to direction of early indication to give you best possible entry! WARNING: Volume Tool CHANGES. Long term not so much but still keep in mind. 2. Magnet Line is closer to bottom of range = Bearish Pressure 3. Pressure builds up within the magnet and support zone until price breaks out to retest opposing blue line resistance first. 4. BEST POSSIBLE SHORT ENTRY Retest here usually results in a Fakeout. Look for ENTRY SETUPS 5. ENTRY SETUPS Double Top/bottom, Head & Shoulders, rsi/macd oversold/overbought, etc. 6. FOR BEST RESULTS (80% Profitable) Use Volume Profile Tool with Nava Imbalance Strategy (View @JOKESTV Tradingview)
CRYPTOCAP:TOTALEducation
by JOKESTV
CADJPY Long PlanContinue the Wyckoff methodology and Volume Profile series, today I will do the analysis CADJPY. As we see after CADJPY went down from 110.2 to 99.5, the price hold in this area for more than 14 days - price range around under 2%. I did statistics from Jan 2022 until now, if the price is holding in the price range under 2% from 14 - 21 days, CADJPY will have a chance to pump. If the price reverse to the 99.67 - 99.42 area, I will do a long trade at 99.67 and the 2nd entry is 99.4, then hold it to 104.67 Once again, this setup looks very basic, but it's really effective. Let's follow the plan and see what will happen.
Long
by yinfire