00:00

Introduction to stock trading and investing session

00:00

The session on stock trading and investing using volume-price analysis begins with a welcome from viewers in different time zones, notably the UK and North America. The host introduces herself and her husband, David, and draws attention to an important disclaimer about the risks of trading and investing, emphasising that one should never use money one cannot afford to lose. The host also mentions their recent absence, noting they worked hard to complete a stock-related project.

01:21

Completion and upcoming launch of the trading program

01:21

The speaker announces the launch of a new trading and investing program, set for the coming weeks, though the exact date is not yet finalised due to final adjustments. They introduce the program’s features, including new indicators. The discussion then shifts to the current market condition, highlighting a predominantly negative trend with most stocks in decline except for NVIDIA. The focus will be on the SPY index, given its popularity and the detailed charts shared recently.

02:38

Focus on SPY market analysis and support levels

02:38

The speaker discusses the development of a comprehensive program called ‘The Complete Stock Trading and Investing,’ which covers a wide spectrum from fast-paced trading, including options, to long-term investing and asset allocation. They explain the rationale for combining these topics, noting the overlap and commonalities between traders and investors, despite some differences, such as the importance of company fundamentals for longer-term investments.

04:37

The program is designed as a lifelong learning tool, recognising that the trading and investing landscape changes dramatically over time. The speaker highlights recent changes, especially since the pandemic and the rise of options trading, which has transformed the market. They emphasise that options trading is used not just by retail investors but also by institutional funds, making the market more complex. Understanding the evolving relationship between stocks and options is essential, even for those not primarily interested in options.

06:38

New volume indicators included in the program

06:38

The speakers introduce new volume indicators developed for their trading packages, which will be automatically added to users’ accounts without extra cost once the program launches. These indicators are currently not for individual sale but will be released with the full program. The focus is on sharing updates and enhancements to their trading tools.

07:54

The discussion shifts to analysing market conditions using Finviz’s landing page. Attention is drawn to the upcoming Jackson Hole Symposium, which has historically impacted markets, especially following speeches by central bank officials such as Jay Powell and Christine Lagarde. The segment notes the calming effect on markets following recent volatility triggered by Nvidia’s performance.

09:10

The speaker examines Finviz’s upgraded market breadth indicators, which track stocks above significant moving averages and new highs, alongside advances and decliners. These indicators provide insights into the underlying health of market moves beyond surface price action. While not short-term signals, they help assess the strength and sustainability of market trends, noting markets are holding steady but not yet ready for a major correction.

11:07

The conversation transitions to chart analysis, focusing on the SPY ETF and applying volume-price analysis (VPA). Viewers are encouraged to ask questions during the session. The host welcomes attendees warmly, notes the improved audio setup for clearer communication, and prepares to cover substantial content efficiently within the limited webinar time.

12:19

The presenter emphasises the extensive effort and time invested in creating their comprehensive stock trading and investing program, comparable to the development time of their Forex program. The content covers a broad range from zero-day trading options to pure investment strategies, aiming to provide value and depth. Positive feedback on Twitter highlights the success traders are having with volume price analysis.

13:54

The discussion explores the emotional journey of traders, starting with a purely financial motivation to make money from trading instruments without emotional attachment. As traders become successful, their relationship with their holdings evolves toward emotional investment, reflecting concerns for their financial future and wealth preservation rather than just profit-making.

14:55

The speaker elaborates on the emotional arc traders experience, moving from profit-seeking to protecting their wealth for future security and retirement. This transition shapes their trading and investment approach, underscoring the importance of safeguarding accumulated capital and planning for long-term financial goals.

15:32

The program’s comprehensive nature is reiterated, highlighting the extensive content and development effort involved. New volume-based indicators have been created and are available on platforms such as TradingView and NinjaTrader. Plans are in place to integrate these indicators into other platforms, such as TradeStation and MT4/5, ensuring broad accessibility and consistent functionality across trading environments.

16:30

Explanation of Volume Relative Strength Indicator (VRSI)

16:30

The VRSI indicator, or Volume Relative Strength Indicator, is an extension of the volume-price analysis methodology that focuses on volume from a relative perspective. It is designed to be used alongside traditional VPA indicators and volume for more comprehensive analysis. The indicator has three main aspects: a midpoint or fulcrum line indicating sentiment shifts between bullish and bearish, colour changes representing the strength of sentiment (bright colours for strong sentiment and darker colours for weakening sentiment), and the height of pressure bars, which indicate the strength or momentum of a trend based on volume. Taller bars signify stronger momentum driving the price movement, while shorter bars indicate weaker trends.

20:09

Examples of the VRSI in use highlight how the height and colour of pressure bars reflect trend strength and momentum. Even as colours darken, indicating weakening sentiment, the maintained bar height suggests momentum remains strong, warning traders not to be shaken out prematurely. The segment also discusses how the indicator identifies minor reversals when the price fails to cross the fulcrum line, reinforcing that the trend has not decisively changed. This nuanced view helps traders understand subtle shifts in market dynamics rather than abrupt trend changes.

22:19

The discussion continues with observations on how the VRSI indicator captures the flattening of a bearish trend through lower bar heights and color transitions. The presenter notes that the indicator offers layered, graphical insight into volume-price analysis, revealing momentum and pressure beneath price movements. Rising pressure bars during a falling market are interpreted as confirmation of a strong downtrend, mirroring principles of traditional volume-price analysis. When the indicator shows sentiment weakening, it suggests trend exhaustion or potential reversal, reinforcing its value as an analytical tool consistent with core VPA methodology.

25:02

The VRSI indicator is versatile and can be applied across multiple time frames, from one-minute to daily charts, making it useful for various trading styles. It can be combined with other indicators, such as accumulation distribution and VPOC, for a comprehensive volume-based analysis. The segment concludes by introducing the second key indicator: the V-WAP (Volume Weighted Average Price), which is highly influential for stock traders and investors in understanding price dynamics. Further explanation of the V-WAP’s importance is implied but not covered in this segment.

26:04

Overview of VWAP Pro and its five variants

26:04

The speaker introduces the VWAP Pro indicator, which combines five VWAP variants. These variants serve different purposes and users can choose which to apply based on their trading strategy. The first variant explained is the Moving VWAP, which will be elaborated on later.

27:10

The five VWAP variants are detailed: Moving VWAP, Anchored VWAP, standard VWAP (Volume Weighted Average Price), Time Weighted Average Price (TWAP), and Intraday VWAP. Each differs in calculation and application. For example, TWAP uses time weighting rather than volume, and Intraday VWAP works with daily, weekly, and monthly data, unlike the others.

27:42

The VWAP variants differ primarily in their starting points and calculation methods. The standard VWAP resets at the start of each new session, while the Anchored VWAP lets users set the starting point anywhere on the chart to analyse significant events or price levels.

29:08

Anchored VWAP allows traders to anchor the VWAP to any significant event or price point, such as highs, lows, or earnings announcements. The Moving VWAP treats the VWAP as a moving average that continuously adjusts through the session, providing a smoother representation of price movements.

29:47

Traders often prefer to start VWAP fresh each day, but the Moving VWAP offers a rolling average that smooths out volatility in the first few candles, making it easier to interpret price relative to VWAP. This includes a clear visualisation of price position relative to VWAP and its upper and lower standard deviation envelopes.

30:50

The VWAP indicator includes configurable standard deviation envelopes for upper and lower bands around the VWAP line. The TWAP variant is briefly mentioned again as time-weighted and useful in specific contexts. The Intraday VWAP works with longer time frames like daily and monthly charts, unlike the other variants.

31:20

The Moving VWAP effectively shows price action through session crossovers, unlike the standard VWAP, which resets. The speaker concludes the VWAP discussion by emphasising its multi-variant nature. The next topic introduced is the Market Strength Indicator, which also uses volume data and is designed to present it in a simple, intuitive way, similar to the previously popular Currency Strength Indicator.

32:33

Market Strength Indicator and its applications

32:33

The speaker explains the use of an indicator that evaluates volume perspective to determine the strength or weakness of ETFs, stocks, and indices. It assesses whether these are trending strongly up or down and compares their performance against counterparts and overall indices. The indicator helps identify overbought or oversold conditions. Examples include ETFs like SPY, IWM, XLE, XLK, and the Nasdaq 100. It can be applied across stocks, futures, and sectors to observe market sentiment and divergences, such as the notable divergence between the YM and NQ futures contracts earlier in the session.

34:26

The indicator can be used for various trading strategies, including pairs trading and sector-versus-index comparisons, focusing on trend strength and overbought/oversold conditions. It complements a volume price analysis method called VRSI and is used alongside the CSI and MSI indicators, which help isolate the dollar’s influence, especially in commodities and stocks. These indicators are included in the full trading package available on platforms such as NinjaTrader, TradingView, and TradeStation. The speaker notes that prices for the full package will increase slightly due to the addition of these tools, though existing customers will receive them at no cost.

36:22

The speaker introduces the upcoming new front page for the Quantum Trading education site, showcasing extensive educational content for forex and stock trading programs. This includes modules on technical analysis, fundamentals, psychology, PDFs, live webinars, stock screeners, leverage, bonds, and a deep dive into the Federal Reserve’s impact. The curriculum covers financial statement analysis, ratio analysis, stock classification, options trading with a focus on the Greeks, and comprehensive coverage of indices, ETFs, bonds, and volatility, highlighting the program’s depth and the extensive video and written material available.

39:01

The program continues with detailed stock-picking templates based on 12 major stock groupings and includes an in-depth look at indices, their structure, and inherent flaws. It also covers bond investing and trading as essential components of a portfolio. The speaker emphasises the breadth of the program, noting the extensive video hours and written content combining PDFs, videos, and podcasts. Online webinars will also be part of the XT version, offering comprehensive support for learners.

40:45

The speaker demonstrates the MSI indicator in NinjaTrader, highlighting futures contracts such as RTY, NQ, YM, and ES, and showing a significant divergence between indices at market open that later partially converged. The MSI can be applied to various markets, including futures, stocks, and ETFs, but instruments cannot be mixed in a single chart. Users can run multiple charts side-by-side with different instrument types, with a limit of five per chart on NinjaTrader. This flexibility allows traders to monitor diverse markets simultaneously.

42:33

The speaker quickly shows the VWAP indicator on a 30-minute chart, explaining how it resets at the start of each trading session and tracks price relative to volume-weighted average price. Then, attention turns to a Market Analyser tool in NinjaTrader 8, noting that development for NinjaTrader 7 has ceased due to declining support. The Market Analyser integrates Quantum indicators to provide a real-time overview of trends across stocks, futures, and ETFs, helping traders efficiently assess market conditions.

43:39

The Market Analyzer setup includes multiple Quantum indicators such as Trend Monitor, VRSI, Dynamic Volatility, Accumulation Distribution, pivots, VPOC, and VWAP, allowing users to track key market signals across various instruments and timeframes. The speaker advises caution in using Market Analyser due to its heavy resource demands and recommends not overloading it with too many indicators. The tool provides a quick, comprehensive snapshot of market activity for stocks, futures, and ETFs, with links to NinjaTrader’s video library for further learning.

46:08

The speaker concludes by acknowledging the extended duration of the presentation and passes control back to Anna. Anna begins discussing the trading view platform, focusing on SPY, which has experienced significant declines approaching today’s market close. She references Finviz and comments on the challenging market conditions observed during the session.

46:47

SPY seasonal patterns and support/resistance analysis

46:47

The speaker discusses seasonal market volume patterns, noting that August typically has lower volume compared to high-volume months like September and October. They emphasise the importance of closely analysing these patterns rather than relying on general assumptions.

47:29

Reflecting on last year, the speaker notes it was a difficult year with a heavy market sell-off until a bottom in mid-October. However, July and early August showed positive trends, particularly visible on the SPY chart, before a sell-off began in mid-August.

48:14

The speaker highlights the market reaction around Jackson Hole on August 26th, which triggered a sell-off followed by a significant downturn in September. They caution that seasonal patterns sometimes align with market behavior but not always.

48:49

Seasonal patterns also affect commodities like gold, particularly linked to gold-buying seasons in India, which can influence physical gold prices. The speaker advises keeping such seasonal influences in mind when analysing markets.

49:25

The importance of identifying significant support and resistance levels through volume price analysis is discussed. The speaker introduces an accumulation and distribution indicator that visually represents the strength of these levels by varying line thickness.

50:10

The indicator not only marks key support and resistance lines but also conveys their strength, which is crucial because stronger levels require more volume to break. Price can sometimes break these levels briefly but often retests them due to a lack of follow-through.

50:46

Without such indicators, traders must eyeball support and resistance levels, which provides no indication of their strength. Tools like Fibonacci levels are popular because some levels have a hierarchical importance, increasing the likelihood of reversals.

51:20

The speaker also mentions the camarilla indicator, which, like Fibonacci, highlights key levels where price tends to pause, rally, or retest, emphasizing the value of marking these levels on charts regardless of trading timeframe.

52:03

They analyse recent SPY price action, noting minor levels around 436 and 443, with some price penetration but limited follow-through. Examining pre-market activity reveals setup targets where price failed to break through, illustrating the need to respect these levels.

52:38

Pre-market volumes are generally lower due to reduced participation, but the pre-market can still provide valuable indications of key levels. The speaker introduces the volume point of control (VPOC), a crucial fulcrum point representing the price level with the highest transacted volume.

53:18

The volume point of control is visually marked with a yellow hatch line and represents a significant support or resistance zone, combining volume and price action data. This concept helps traders understand where high-volume nodes create strong price barriers.

53:53

High-volume nodes create strong support or resistance, while low-volume nodes, marked by narrow volume ranges, are critical because price moves quickly through them. Volume-based support and resistance are more significant than price alone.

54:26

The speaker references a chart analysis showing substantial buying volume of 98 million on a particular day, which was above average and coincided with options expiration (OPEX). Despite this, follow-through was limited, and August volumes are expected to be slightly below average.

55:08

They discuss a key support level at 433 and the volume point of control at 432, warning that if the SPY breaks below 432 into a low-volume node, price could move very quickly downward due to the lack of volume cushion.

55:54

Breaking below 432 would likely accelerate downside moves, with the next important support around 422. The speaker stresses the importance of these volume-based levels and how they influence price velocity.

56:28

Price behaviour varies depending on whether it is in a high or low volume node; high volume nodes cause sluggish movement and volatility, while low volume nodes allow rapid price changes. The level 417 is identified as a crucial support acting as a springboard for recent rallies.

57:02

The sideways movement around 417 is highlighted as important, with the speaker advising traders to examine multiple timeframes (hourly, daily) to identify these levels, which may not always be visible on shorter timeframes like the hourly chart.

57:39

The speaker suggests using multiple timeframes for trading decisions, especially five-minute, fifteen-minute, and hourly charts, while staying aware of daily chart levels. Their observations of SPY over several months include monitoring pre-market and physical market levels.

58:14

Shorter timeframes, such as 3 or 1 minutes, often lack sufficient data to build reliable support and resistance levels from pre-market activity. Levels require time and repeated price touches to develop significance, though the five-minute chart can sometimes provide useful information.

58:52

The speaker notes the difficulty of drawing strong conclusions from very short timeframes due to insufficient data and the seasonal timing of their observations, emphasising that their findings are based on observation rather than backtesting.

59:27

Using the fifteen-minute chart, the speaker identifies strong pre-market levels around 440-445 and a channel forming before the market opened. Despite volatility at the open, volume was not especially high, and price movements showed resistance at previous support levels.

01:00:11

The speaker highlights how former support turned into resistance, affecting price action, as indicated by volume bars. They point out anomalies where expected volume or momentum did not materialise as anticipated.

01:00:47

They discuss the use of VWAP and moving-average envelopes, noting that price bouncing off these resistance levels multiple times warns of premature long entries. The first 20-30 minutes of trading are crucial for observing market direction.

01:01:25

After multiple rejections at resistance and the end of the initial trading window, price eventually sold off more dramatically, with volume remaining consistent but lacking major anomalies, illustrating a bearish chart setup.

01:02:02

The chart shows a waterfall decline hitting the bottom of the envelope indicator, signalling weakness. The speaker emphasises the importance of monitoring levels established during recent price action to anticipate future moves.

01:02:38

Despite bearish signals, the price may consolidate or move sideways entering the aftermarket trading. The breaking of key levels such as 438 and 436 is noted, with attention drawn to the volume point of control as a significant support zone.

01:03:16

The volume point of control currently lies around 436.86 and is expected to act as a strong fulcrum, potentially causing the price to pause or consolidate. The speaker relates this to last year’s Jackson Hole event but cautions that past outcomes do not guarantee future results.

01:03:53

If price breaks below 432, a critical support, downside moves could accelerate. The speaker stresses the importance of multi-timeframe analysis, volume, and price-action indicators, particularly the volume-pressure indicator, to improve trading success.

01:04:32

Combining multiple timeframes, volume analysis, and indicators like volume pressure provides traders with enhanced insight, increasing the likelihood of successful trading and investing. The speaker concludes by affirming the value of these tools for their users and students.

01:05:17

NVIDIA’s role in AI and market outlook

01:05:17

The speaker discusses Nvidia’s recent stock performance, highlighting its all-time high and the subsequent slight decline. They emphasise Nvidia’s critical role in the future of AI, particularly generative AI such as ChatGPT, thanks to its indispensable GPUs. The company’s chips are in high demand globally, including orders from Microsoft, Apple, and Saudi Arabia. The speaker also notes that they had predicted Nvidia’s potential earlier in the year.

01:06:27

NVIDIA is described as a strong company with a competitive moat, attracting interest similar to that of Warren Buffett. Its market position is nearly monopolistic, with competitors like AMD and Intel unable to challenge it significantly. Despite some negative sentiment and short-selling speculation, Nvidia continues to dominate, having a 30-year history and significant growth potential.

01:07:38

The speaker highlights Nvidia’s recent $25 billion stock buyback, which should support its stock price. They compare Nvidia’s trajectory to Apple’s, anticipating a possible future stock split. They remain optimistic about Nvidia and the AI sectors overall, despite potential short-term corrections. The broader AI and quantum computing fields are seen as key growth areas with solid long-term prospects, even if they are currently experiencing a microbubble.

01:08:43

Bond yields and effects on the stock market

01:08:43

The speaker discusses bond yields, noting that significant money has moved out of stocks into bonds due to the guaranteed returns on short-term bonds of up to 6 months. They emphasise watching yields, especially in the US, until they fall below 4%, as higher yields and interest rate hikes could start negatively impacting the stock market. A more detailed discussion on bonds is planned for a future session.

01:09:53

The session wraps up with a thank-you and contact information for any further questions. The speaker briefly analyses the SPY five-minute chart, noting a flat trend and low-pressure bars on the VRSI indicator throughout the day. A sharp increase in volume and pressure occurs in the last half hour, causing a price waterfall that provides a strong finish to the trading day.

01:10:59

SPY volume pressure trends and closing analysis

01:10:59

The speaker discusses Primo’s post-market trading status, noting it is trading slightly above its previous close at around 436.92. They highlight that the trend is very steep, with a slope of approximately 45 to 50 degrees downward, and mention strong pressure confirmation on the VRSI indicator, emphasising the strength of the current trend.

01:11:32

Resources and program availability information

01:11:32

The speaker introduces the website anacrueling.com, where all related books are available in Kindle and paperback formats. They highlight the positive impact of the books, with over three thousand reviews from readers who have successfully applied the methodology. The site offers programs for Forex and Stock Trading, including options to upgrade or combine programs for existing customers. Pricing details are discussed, with emphasis on efforts to accommodate various customer needs.

01:12:58

Education and software resources are available at Quantumtraining.com, where current and upcoming trading indicators are available. New indicators will be integrated into multiple platforms, including TradeStation and MT4. The full package prices will increase significantly once these new indicators are added, but current customers will continue to receive future updates for free. Potential buyers are encouraged to consider purchasing before the price increase.

01:13:53

The speaker thanks viewers for attending the session and expresses hope that it was informative and useful. They announced plans for more regular weekly updates and the introduction of new indicators leading up to the product launch. The session concludes with a farewell and closing music.