Volume + Price Action
kostasze
Posts: 227 ✭✭
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!
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!
Comments
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I took these 2 trades before some minutes.Both of them ITM in an exchange!
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My final chart for the day and my trades in the arrows!Notice that finally we have a harmonic pattern!
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Thanks for posting, kostasze. I definitely enjoy reading your blog.
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Thanks mate!I enjoy reading your blog,too!
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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!
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One more trade for today.Risky because there is no much volatility in the market but ITM.Buiyng climax without reason and overbought area.
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3/4 ITM until now
Two trades in GBPUSD -
Trading opportunities in 15 minutes after CPI announcement for GBP currency pairs.
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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.
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Take a look in the chart
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Last today trade, I saw another one solid setup and I took it.
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I couldn't resist :P one more. The market gives chances.
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Higher lows with selling climax at bottoms.
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Solid trade some minutes later. Higher Lows with selling climax.
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Yesterday trade in MCD stock. Reversal with increasing volume.
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Final trade for the day. It was ITM with 5 min expiry but it was risky.
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In the money with 15 min expiry. Lower highs after the down trend.
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Notice the momentum bullish divergance and the change in the direction of the trend
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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.
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Well was it ITM? :-)
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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!
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XOM stock ITM put contract some minutes before
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Not a good day. 4/6 ITM with a small profit.
The last two solid trades.
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First trade of the day some minutes before. ITM
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Second trade was ITM, too. 161.8 fib retracement in an oversold area.
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Last trade for the day. ITM,too.
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Last trade of the day
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First trade of the day, in the money
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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!
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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
