Many traders rely on price alone to forecast future direction, yet this is only half the picture, a two dimensional one at best. What volume does is provide a three dimensional view of the chart and what is going on behind the price action. It removes the cloak of secrecy which is used by all the insiders to hide their activity. With volume they cannot hide and as volume traders all we need to do is follow them. Buy when they buy, sell when they sell and stay out when they do - it's that simple.
https://youtu.be/OOl83EVD6zA...
As the NQ Emini continues to rampage higher and breaking out into new high ground, it's difficult to forecast here the next level might be. But not if you use the Camarilla levels indicator for NinjaTrader and here I explain how.
https://youtu.be/Fcos1BO3fwE...
In this session from the US futures trading webclass Anna explains how to understand your market through the prism of volatility.
https://youtu.be/DX_Xx9oo4SE...
In this session from the online webclass David explains why congestion phases offer excellent trading opportunities and also provide clear levels for any stop loss positioning and management.
https://youtu.be/1y-ViuqFmPM...
For unwary forex traders there are many traps to fall into, and this is one of them as we see on the GBP/USD in the London forex trading session.
https://youtu.be/ddWmqMEWX6Y...
For forex traders, there are many different traps waiting to be sprung, and in the London forex trading session this is yet another example, this time for the European fundamental news on the GBP/USD.
https://youtu.be/4DOS5-a7dpk...
With markets remaining nervous as the pandemic continues to dominate and fundamentals take a back seat, patience is required in these tricky market trading conditions.
https://youtu.be/0fk3C9KbKOQ...