Getting started with volume price analysis
Discover the foundational elements of volume price analysis.
https://youtu.be/tWzFRuBShP4
00:02
Introduction and trading disclaimer
00:02
The webinar begins with an introduction to day trading, focusing on the U.S. session, Forex market, indices, and commodities. The presenter emphasizes the importance of the disclaimer about the risks involved in trading, urging viewers never to use money they cannot afford to lose. This caution is repeated to highlight the serious nature of trading. Newcomers to the session are welcomed, and the agenda for the webinar is briefly outlined.
01:07
Overview of volume price analysis
01:07
The speaker introduces the focus on various markets, primarily indices, with some Forex analysis for specific reasons. The methodology used throughout is volume price analysis, a technique developed over 20 years ago by the speaker and David. They reference a detailed book available on Amazon that thoroughly covers this methodology. Many webinar attendees have purchased the book, specialized software, or joined their Forex program. The book serves as a comprehensive guide to...
Average true range and the power of the volatility indicator
The volatility indicator works in all timeframes and instruments, and here we see it on the 30-minute chart for the GC gold futures contract.
https://youtu.be/zk_zhpHzWmA
0:12
Introduction to volatility indicator on gold
00:12
The speaker begins by clearing the screen and inviting any questions before transitioning to discuss gold. They highlight a recent significant movement in gold prices and introduce the volatility indicator, emphasizing its simplicity and effectiveness. The speaker plans to demonstrate its power using two examples, starting with the thirty-minute timeframe.
00:50
Using volatility trigger to manage positions
00:50
The speaker explains their strategy of closing out most of a profitable position when a volatility trigger occurs, regardless of the time frame. They emphasize the importance of taking some profit off the table to avoid the uncertainty following the indicator, which is based on average true range and triggers in real time.
01:22
Volatility signals insider participation
01:22
The speaker explains that when price action moves outside the average true range, it...
Trade futures using Renko and time charts on NinjaTrader
Using renko charts in combination with time-based charts is a terrific way to trade futures. This blends the advantages of a time-based chart and the application of the volume price analysis methodology with using a non time-based chart such as renko which not only reveals momentum but also smoothes the price action. Finally, using them in multiple timeframes makes this approach even more powerful.
https://youtu.be/t14k-qi7i54
00:10
Overview of Renko and volume analysis
00:10
The speaker provides an overview of the current status on the YM (likely a market index or chart), noting progress through a specific region and breaking away from volume pointing controls. Despite a pause point, low volume at the top suggests a favorable setup for a potential rally higher. The trend monitor remains consistently positive, indicated by a blue color throughout.
00:43
Introduction to Renko optimizer tool
00:43
The speaker encourages not to hesitate in joining ongoing trends and demonstrates using Renko charts across different time zones. They...
Trading the YM Emini with confidence
Learn how to trade Emini futures with confidence using the Quantum Trading tools and indicators. This is from yesterday's US futures trading session and for the YM Emini which is the futures contract for the Dow 30 cash index.
https://youtu.be/0SR7g-k8Gss
00:12
Introduction to daily chart and volume analysis
00:12
The speaker begins by checking audio and engaging the audience through a chat prompt. They then focus on analyzing a daily trading chart, highlighting the candlestick's lower wick, which indicates price movements and volume. By activating the volume indicator, they observe significant volume activity and note a sharp intraday reversal. This reversal suggests potential for further buying momentum and a possible upward price movement, relevant for both intraday and longer-term traders.
01:18
Market reaction to bad news and resilience
01:18
The markets have been heavily impacted by numerous negative news reports, but they are gradually becoming desensitized to such information. Despite grim economic indicators like employment figures, the expected market collapse has not occurred. This...
Using the indicators to set your stop loss levels
Learn how to use the Quantum Trading tools and indicators to set your stop loss levels.
https://youtu.be/obiLdCo3Kt4
00:11
Trading in ranging markets and stop losses
00:11
The speaker discusses the challenges of trading when the market is in a range, highlighting that price action can be choppy and frustrating. Despite these difficulties, short-term trading opportunities still exist, and using levels effectively becomes crucial, especially for managing stop losses.
00:46
Using volume point of control for stops
00:46
This segment explains the concept of setting stop-loss orders using strong support levels, specifically the volume point of control (VPOC). It highlights the advantage of combining price-based support with volume-based support to determine optimal stop placement. The stop-loss is ideally placed just below these support levels to protect against adverse price movements, with examples illustrating multiple instances of price respecting these levels.
01:20
Expecting stop-outs in ranging markets
01:20
The speaker discusses the challenges of trading in ranging markets, emphasizing that traders should expect to be stopped out...
Multiple renko charts and time charts - a powerful combination
Using multiple renko charts alongside time-based charts is a powerful combination - a blend of two different approaches to trading but which when combined provide the best of all worlds. Volume price analysis on the time-based chart and momentum trading on the renko charts.
https://youtu.be/SgECtHuSsJs
00:10
Introduction to YM E-mini Futures and MT5 Differences
00:10
The speaker explains they were busy scanning various markets and introduces the YM, which is the e-mini futures contract similar to what was shown in Ana's MT5 platform. They highlight that the main differences lie in the numerical values and the cost of entering the particular futures contract.
00:52
Futures Trading Costs and Index Price Actions
00:52
Trading futures involves higher costs due to larger contract sizes and increased margin requirements. In contrast, trading futures on the MT5 platform requires significantly less margin, making it an accessible option for those wanting to start trading indices. The speaker demonstrates price action charts for various timeframes, highlighting...
Applying volume price analysis to gold futures on a breakaway
Volume price analysis works in all timeframes and for all instruments and markets and just to prove the point we have an excellent intraday example trading gold futures on the faster timeframes.
https://youtu.be/W9PQFeo71YU
00:11
VIX overview and importance in trading
00:11
The speaker explains their current setup on TradingView, focusing on the VIX (Volatility Index) displayed in various timeframes including one, three, five, and ten minutes. They mention the significance of the VIX rising, implying an increase in market volatility.
00:45
VIX rising means falling indices
00:45
The speaker explains the inverse relationship between the VIX and equity indices: when the VIX rises, indices tend to fall, and vice versa. Recently, a rally in the VIX caused a sell-off in equities, but the VIX has mostly declined throughout the day, leading to a minor reversal in the markets. They emphasize the importance of monitoring the VIX when trading any index or risk asset class, as it provides real-time insight into...
