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Advanced volume trading

Quoting detector
{quote} Wow, looks like a great generation of targeted shift with volume, on a general note, we can see volume in it's rawest form but need to decipher buying and selling, our only tell is probability of trend, can see from the off this is going to be interesting, thanks Lekkim, D
I agree. That's what I'm gonna try to do tomorrow, entering the market in extreme vol environments and we'll see how it goes
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
I throw a EU chart up Lekkim, this is why volume is a little sketchy,
first glance,
I may have tailed position 1 up, fairly generic,
2, I would have a continuation of trend 1,
3 a possible continuation after getting 2 wrong and price going down
4 maybe a rise in price and volume, not always the case though, maybe a fluke for me
5 a possible fluke in the spike
A generalisation from me looking at the volume and price but don't forget this is after the event from me, very easy to see and say, doing this realtime is something else.
I'm turning in soon, see the new GU chart up, will post tomorrow, we'll get our good friend Li on the case too, looking forward to more, volume analysis will always set the board on fireD
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I don't need to be good at the game, only good enough to beat my opponent,
Quoting Lekkim
{quote} I agree. That's what I'm gonna try to do tomorrow, entering the market in extreme vol environments and we'll see how it goes
Good luck for tomorrow, last day of trading before the newyear may throw some curve balls, first strike will be interesting though, trade well and keep us posted on the results, will speak tomorrow and elaborateD
I don't need to be good at the game, only good enough to beat my opponent,
Quoting Lekkim
{quote} GBP/USD today {image}
Very interesting and very accurate points!!! But how do you identify those points? and I don't even see a volume indicator also. And how do you do it in real time? which is the most challenging part!!!

Please guide us...
im just talking brokers never offer real volume because then we could trade without any analysis given the prevailing market volume and trend.Is your system against this?
Quoting mhmd80y
im just talking brokers never offer real volume because then we could trade without any analysis given the prevailing market volume and trend.Is your system against this?
His method is based on the fact that he collects volumes from more different brokers
Quoting mhmd80y
im just talking brokers never offer real volume because then we could trade without any analysis given the prevailing market volume and trend.Is your system against this?
Yes, 'real' volume can be hard to extract from metratrader brokers. There are ways also other platforms and software provide this opportunity
I'm all for analyzing retail positions and countertrade them
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
https://www.myfxbook.com/members/Lekkim/avt/7605431
Demo up and running today, however, my full focus will first be on this from next week
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
Inserted Video

Happy new year, traders!
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
Btw the broker IG tested a similar way to trade, basically they proved that in many cases while most traders where short price would rise, and viceversa, I'm confident that the volume if far more reliable than the % of short or long traders so your way of trading volumes is very likely to be profitable. Are you going to give more informations about your system in time? I mean informations like why you take a trade, what are your triggers for entries etc, from what I read on one of your past threads it's very unlikely to get the hands on your indicators, so I'm not asking for that. Another question I have is if you are going to trade by building positions or by making simple entries? Or both? I ask because a lot of traders try to spot where banks etc build positions and try to replicate "Market movers", I've tried this kind of thing a lot and I'm still studying this approach, there are some who trade like this using cycles, order blocks etc, but maybe it would be easier and more precise by doing it by studying the volume. Thanks and happy new year.
Quoting Lekkim
{quote} Yes, 'real' volume can be hard to extract from metratrader brokers. There are ways also other platforms and software provide this opportunity I'm all for analyzing retail positions and countertrade them
Happy New Year Comrade, if there is a really valid way to show the actual volume and not the number of transactions
It can be really helpful and I look forward to seeing how much more information you can give us now.
Quoting Lekkim
{quote} Yes, 'real' volume can be hard to extract from metratrader brokers. There are ways also other platforms and software provide this opportunity I'm all for analyzing retail positions and countertrade them
Volume analysis and counter trading the retail positions are way too different. So where would you be taking the volumes from? at real time?

Counter trading the retail positions seem to be a good method too, and has been attempted here in the FF quite a few times. The basic idea looks good... but there is a fine line of balance, where the shift happens. It's not the 50:50. how do you define that?

As per retail sentiment, you should be buying GBPJPY, but you have sold it... and it's in drawdown. Any particular reasons?
Interested.. and waiting for more insights from you. Thanks
Quoting detector
I throw a EU chart up Lekkim, this is why volume is a little sketchy, first glance, I may have tailed position 1 up, fairly generic, 2, I would have a continuation of trend 1, 3 a possible continuation after getting 2 wrong and price going down 4 maybe a rise in price and volume, not always the case though, maybe a fluke for me 5 a possible fluke in the spike A generalisation from me looking at the volume and price but don't forget this is after the event from me, very easy to see and say, doing this realtime is something else. I'm turning in soon,...
Hi Detector

Lets look at data coming out of Chicago, see the different. If we think of liquidity as being fixed, not this deep pool of $$$ rubbish we are fed then we may start to understand. When volume spikes up, it is destroying just about every Sell order on the books (order flow orders). If traders now do not enter, price has to collapse and fall back to central order density.

IT REVERSES

Orders are exhausted more than you think because orders that sit on the chart are shallow. That is because all liquidity sits within a narrow price channel.
Volume analyse also proves stop loss runs do not happen, but the market makers still moves price to these areas to keep traders believing in fairy tales.

Cheers
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Trading thin liquidity at the boundary of the charts
Quoting detector
I throw a EU chart up Lekkim, this is why volume is a little sketchy, first glance, I may have tailed position 1 up, fairly generic, 2, I would have a continuation of trend 1, 3 a possible continuation after getting 2 wrong and price going down 4 maybe a rise in price and volume, not always the case though, maybe a fluke for me 5 a possible fluke in the spike A generalisation from me looking at the volume and price but don't forget this is after the event from me, very easy to see and say, doing this realtime is something else. I'm turning in soon,...
Looking forward to this.
All you need to do to trade is understand IchimokoIs there anyone who has achieved continuous profitability of this system and can introduce us to useful training?
Quoting RickM
{quote} Hi Detector Lets look at data coming out of Chicago, see the different. If we think of liquidity as being fixed, not this deep pool of $$$ rubbish we are fed then we may start to understand. When volume spikes up, it is destroying just about every Sell order on the books (order flow orders). If traders now do not enter, price has to collapse and fall back to central order density. IT REVERSES Orders are exhausted more than you think because orders that sit on the chart are shallow. That is because all liquidity sits within a narrow price...
that drop before uk open and the accumulation after open is a sellers remove, a typical (movement) accumulation, cleanout and rotation up
the others are more difficult to spot because they don't have much accumulation before the turn
faites vos jeux
  • Post #37
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  • Edited at 5:52pm Jan 1, 2021 5:42pm | Edited at 5:52pm
Quoting slb
{quote} that drop before uk open and the accumulation after open is a sellers remove, a typical (movement) accumulation, cleanout and rotation up the others are more difficult to spot because they don't have much accumulation before the turn
Hi SLB

So true.
Sometimes we see this unique 3 bar Forex pattern at the top of a move as well - AUDUSD
But volume will always shout at as us to pay attention. A full reversal on GBPUSD will often show a single candle on the M1 chart about 8-10 times normal volume or a group of 5-10 candles around 5 times normal volume levels.

Cheers
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Attached Image
Trading thin liquidity at the boundary of the charts
Nice to see all the activity in the thread with many contributors
Going to be an interesting week to come
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
An example of volumeflows (eurusd 30dec)
Chartporn, can make any 'volumer' moist, lol
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'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
Quoting Lekkim
An example of volumeflows (eurusd 30dec) Chartporn, can make any 'volumer' moist, lol {image}

How do you trade this? and what are all those graphics and lines?
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