Volume + Price Action

kostaszekostasze Posts: 227 ✭✭
edited July 2013 in Trading Journals
Hi guys,
I am opening this thread to share with you a solid way of thinking which can give you an edge.You can find more information in my articles about Volume Climax and in my next articles soon!The whole story is about the market manipulation from the big investors.To earn money you shouldn't trade against them.The general idea is: buy low, sell high.Every investor in the world is trying to do this.So, which position can allow them to buy low?A very low position of the market.They want the price to reach in low levels to put their long positions.On the other hand we have the opposite condition for short entries.Look at this chart , it's from today.The price moved down in the first rectangle with a selling climax in the volume and after that we have higher lows with selling climax,too.So, there are are short-term long opportunities in these spots. (I usually use 5 minutes expiry BO contracts). In the breakout of the channel is a good opportunity for a long position for spot FX traders or Spread Bettors.
PS1: 1 min chart.For me, is the best timeframe to understand big guys' intentions.
PS2: For the indicators, you only need a whole numbers indi (I use SweetSpots) and a VSA indi for the volume(I use SonicRPVA, these guys in FF made a great work and a great thread)
Happy Trading!


eurusdm1.png
1200 x 800 - 64K
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Comments

  • kostaszekostasze Posts: 227 ✭✭
    I took these 2 trades before some minutes.Both of them ITM in an exchange!
    eurusdm1.png
    1200 x 800 - 65K


  • kostaszekostasze Posts: 227 ✭✭
    My final chart for the day and my trades in the arrows!Notice that finally we have a harmonic pattern!
    eurusdm1whole.png
    1200 x 800 - 80K


  • mifunemifune Posts: 160 ✭✭
    Thanks for posting, kostasze. I definitely enjoy reading your blog.
  • kostaszekostasze Posts: 227 ✭✭
    Thanks mate!I enjoy reading your blog,too!


  • kostaszekostasze Posts: 227 ✭✭
    Here is the chart from my last trade of the day EURUSD put 20 minutes expiry.I bought the put contract about 10 minutes before the expiry !My entry is in the put arrow!
    eurusdm18.png
    1200 x 800 - 95K
    bmp
    bmp
    good.bmp
    241K


  • kostaszekostasze Posts: 227 ✭✭
    One more trade for today.Risky because there is no much volatility in the market but ITM.Buiyng climax without reason and overbought area.
    png
    png
    new trade.png
    287K
    eurusdm1.png
    1200 x 800 - 64K


  • kostaszekostasze Posts: 227 ✭✭
    3/4 ITM until now
    Two trades in GBPUSD
    gbpusdm1.png
    1200 x 800 - 71K


  • kostaszekostasze Posts: 227 ✭✭
    Trading opportunities in 15 minutes after CPI announcement for GBP currency pairs.


  • kostaszekostasze Posts: 227 ✭✭
    Good news for GBP after the unemployment claims. I short EURGBP and I closed my position with a 35 pip profit in about 2 minutes. The fall was bigger, almost 70 pips but I closed my postion earlier afraid of a correction.
    png
    png
    17 jul.png
    462K


  • kostaszekostasze Posts: 227 ✭✭
    Take a look in the chart
    eurgbpm1.png
    1200 x 800 - 41K


  • kostaszekostasze Posts: 227 ✭✭
    Last today trade, I saw another one solid setup and I took it.image
    eurusdm1.png
    1200 x 800 - 59K


  • kostaszekostasze Posts: 227 ✭✭
    I couldn't resist :P one more. The market gives chances.
    eurusdm1.png
    1200 x 800 - 59K
    bmp
    bmp
    now last.bmp
    1M


  • kostaszekostasze Posts: 227 ✭✭
    Higher lows with selling climax at bottoms.
    eurusdm1.png
    1200 x 800 - 70K
    χωρίς τίτλο.PNG
    1024 x 742 - 33K


  • kostaszekostasze Posts: 227 ✭✭
    Solid trade some minutes later. Higher Lows with selling climax.
    audusdm1.png
    1200 x 800 - 72K
    good trade.png
    753 x 498 - 29K


  • kostaszekostasze Posts: 227 ✭✭
    Yesterday trade in MCD stock. Reversal with increasing volume.
    mcd.png
    924 x 635 - 420K
    lll.png
    752 x 496 - 28K


  • kostaszekostasze Posts: 227 ✭✭
    Final trade for the day. It was ITM with 5 min expiry but it was risky.
    eurusdm1.png
    1200 x 800 - 65K
    final trade.png
    745 x 492 - 27K


  • kostaszekostasze Posts: 227 ✭✭
    In the money with 15 min expiry. Lower highs after the down trend.
    eurusdm1.png
    1200 x 800 - 67K
    TODAY.png
    747 x 496 - 28K


  • kostaszekostasze Posts: 227 ✭✭
    Notice the momentum bullish divergance and the change in the direction of the trend
    gbpusdm1.png
    1200 x 800 - 75K
    divergance.png
    742 x 488 - 28K


  • kostaszekostasze Posts: 227 ✭✭
    Last trade for the day. Put contract for Exxon Mobile Stock. ITM with 5 min expiry but so risky. That's why is important a bigger expiry time as I said many times. To avoid the noise. Lower Highs for this stock with decreasing volume at tops. The fall was obvious as it happened finally but with 5 min expiry time I risk this right prediction. Hopefully it was ITM.
    chart.png
    965 x 634 - 43K
    exxon.png
    706 x 489 - 26K


  • BrianBrian Posts: 33
    Well was it ITM? :-)
  • kostaszekostasze Posts: 227 ✭✭
    yes I shorted the stock at 94.86 and the contract expired at 94.85. It was risky with 5 min expiry but it would be an easy trade with 15 min expiry!


  • kostaszekostasze Posts: 227 ✭✭
    edited July 2013
    XOM stock ITM put contract some minutes before
    xom.png
    907 x 636 - 40K
    xommmm.png
    752 x 485 - 27K


  • kostaszekostasze Posts: 227 ✭✭
    Not a good day. 4/6 ITM with a small profit.
    The last two solid trades.
    gbpusdm1.png
    1200 x 800 - 84K
    usdchfm1.png
    1200 x 800 - 81K
    today.png
    753 x 345 - 28K


  • kostaszekostasze Posts: 227 ✭✭
    First trade of the day some minutes before. ITM
    usdchfm1.png
    1200 x 800 - 81K
    first trade.png
    765 x 485 - 26K


  • kostaszekostasze Posts: 227 ✭✭
    Second trade was ITM, too. 161.8 fib retracement in an oversold area.
    eurusdm5.png
    1200 x 800 - 86K
    second.png
    769 x 491 - 27K


  • kostaszekostasze Posts: 227 ✭✭
    Last trade for the day. ITM,too.
    eurusdm1.png
    1200 x 800 - 64K
    last.png
    766 x 484 - 28K


  • kostaszekostasze Posts: 227 ✭✭
    Last trade of the day
    image
    usdchfm1.png
    1200 x 800 - 62K


  • kostaszekostasze Posts: 227 ✭✭
    edited July 2013
    First trade of the day, in the money
    usdjpym1.png
    1200 x 800 - 80K
    mmmm.png
    759 x 490 - 27K


  • kostaszekostasze Posts: 227 ✭✭
    Last trade for the day.ITM. I broke it into two trades because of the 600$ maximum investment of StockPair. Much confluence for the fall of the price.
    - Buying Climax at the tops
    - Overbought area (Value Chart)
    -127 fib retracement (ABCD pattern)
    -Rejections when the price hit the EMA

    5min TF with 10 minutes expiry time

    Happy trading day!
    gbpusdm5.png
    1200 x 800 - 91K
    trade 1.png
    765 x 493 - 28K
    trade 2.png
    760 x 491 - 28K


  • kostaszekostasze Posts: 227 ✭✭
    Some today stock options trades

    APPLE
    Downtrend, lower highs and stopping volume at the tops, ITM

    FB
    Downtrend, lower highs, the price hit the trendline and stopping volume at the tops, ITM
    apple stock.png
    911 x 626 - 40K
    apple.png
    750 x 494 - 26K
    fb stock.png
    914 x 637 - 46K
    fb.png
    761 x 485 - 25K


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