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Using volume to predict price movements

  • #41
  • Apr 22, 2022 2:54pm Apr 22, 2022 2:54pm
pixleboy Hows your trading going
  • #42
  • Apr 22, 2022 2:54pm Apr 22, 2022 2:54pm
Quoting Lekkim
Here are some chart passion/art to get us going on unlucky day, lol {image} {image} {image} {image}
sent you a dm
  • #43
  • Apr 25, 2022 12:55am Apr 25, 2022 12:55am
Quoting Lekkim
Gentlemen I’m in massive loss and embarrassed over late nights calls. It warms my heart with your interessed and kinds words. However I might not be fully confident about the price/volume strategy just yet. I took down my demo in shame, last two days went well, but today’s pan sell off knocked my out. I considering discontinuing this thread until I can provide solid result on forwardtesting. Until real acc consistent proven and verified by myfxbook, it’s theory and speculation. I think I’m closer than ever to find a real edge in trading. Tried so...

its ok Bro, its just path of the process, we are waiting your news, make sure announce here before making new thread, thank, cheers
  • #44
  • Apr 27, 2022 9:08am Apr 27, 2022 9:08am
Some beautiful charts and clear trade opportunities from today attached below.
New myfxbook demo coming up and after proven I will go live account.
  • #45
  • Apr 27, 2022 9:11am Apr 27, 2022 9:11am
Red trades: audnzd, eurchf, gbpusd
Attached Image(s) (click to enlarge)
Click to Enlarge Name: an.PNG Size: 20 KB
Click to Enlarge Name: ec.PNG Size: 29 KB
Click to Enlarge Name: gu.PNG Size: 32 KB
  • #46
  • Apr 27, 2022 9:13am Apr 27, 2022 9:13am
What time frame is it?
  • #47
  • Apr 27, 2022 9:15am Apr 27, 2022 9:15am
Green trades: cadjpy, gbpchf
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cj.PNG Size: 42 KB
Click to Enlarge Name: gc.PNG Size: 31 KB
  • #48
  • Apr 27, 2022 9:19am Apr 27, 2022 9:19am
Quoting Wilczur
What time frame is it?
M1 timeframe London time starting from 23:00/11pm yesterday until current time when posting, this is the timeframe I use for day trading.
So charts attached shows data from around last 18 hours.
  • #49
  • Apr 27, 2022 10:58am Apr 27, 2022 10:58am
What makes the best trade entries?
Red price trades: Red pulls/drags away from green, being more volatile and making gap. The bigger the ratio and length of difference, the higher probability.
Green volume trades: Green pulls/drags away from red, being more volatile and making gap. The bigger the ratio and length of difference, the higher probability.
  • #50
  • Apr 27, 2022 11:02am Apr 27, 2022 11:02am
Good job men! I will be watching!
People don't plan to lose. They lose because they don't plan.
  • #51
  • Apr 27, 2022 11:13am Apr 27, 2022 11:13am
Nzdusd daytrade example of today (added time below for easier understanding/check out yourself in metatrader) of green trade potential. Price going down, volume tries desperately to pull it up, making large indifference, then must surrender and price to continue down until price/volume more in order/fair value. Pretty easy to read how to trade this if following instructions and getting used to watching it.
Attached Image (click to enlarge)
Click to Enlarge Name: nu.PNG Size: 19 KB
  • #52
  • Apr 27, 2022 11:22am Apr 27, 2022 11:22am
Here's same kind of situation just opposite on gbpusd, volume green less volatile, setting direction but price makes fairly large 'fake' breakouts. Just look at the attached. These opportunities of trades happens all the time and makes for great entries, can also be added to whatever other strategy used.
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.PNG Size: 27 KB
  • #53
  • Apr 27, 2022 11:22am Apr 27, 2022 11:22am
I`m glad to see you back Lekkim, all the best!
Make your own rules and stick to it.
  • #54
  • Apr 27, 2022 12:24pm Apr 27, 2022 12:24pm
Quoting SkullCandy
Greetings Lekkim , Subscribed and looking forward. Would like to see more on us30 and gold if possible haha, thanks in advance and best of luck
Greetings SkullCandy, great, method can be used in all markets in metatrader, so if your broker have it it can be applied. I will discuss some more stocks and xau here, thanks!
  • #55
  • Apr 27, 2022 12:28pm Apr 27, 2022 12:28pm
Quoting rosone
ABOUT THE SCREENSHOTS THAT YTOU LET US WATCH. Which indicator do you use for visual representation of the gap of red price and green volume. Volume in Metatrader is not a line. Thank you very much
What more you want to see? haha. Which indicator is a soft spot for me, you know that, persuade me maybe
Volume in metatrader can be put together in a line. Thanks
  • #56
  • Apr 27, 2022 12:32pm Apr 27, 2022 12:32pm
Quoting Magnadana FX
{quote} Welcome back Legend , Interesting Strategy, looking Forward Everyday by now. thx alot,
Quoting Magnadana FX
{quote} its ok Bro, its just path of the process, we are waiting your news, make sure announce here before making new thread, thank, cheers
Being called a Legend, aw man thanks a lot, I'm yet to achieve that status here on ff still I think. Thanks I find it interesting also, cool you follow along the journey. Ye I will keep it all here in this thread. Cheers for motivation
  • #57
  • Apr 27, 2022 1:09pm Apr 27, 2022 1:09pm
Quoting dele5000
Hi Lekkim, you need to let people understand the strategy, may be you can't teach or impart it the way one will understand, and this make me ask this question: is it when you see price and volume diverge that you consider trade entry? Thanks for your effort
I try to explain it, also I added more information about entries and how and why to take a trade today. Yes it is when there's clear and one sided divergence, You're welcome
  • #58
  • Apr 27, 2022 1:42pm Apr 27, 2022 1:42pm
Just updated frontpage/first post on strategy and how and why, Also added a poll on thread potential, go vote and let me know, haha. Starting new experiment on live verified demo account tomorrow and will be commenting on trades taken etc. If I'm not retarded in money management and discipline this strategy should be able to yield some decent results, imo.
  • #59
  • Apr 27, 2022 1:53pm Apr 27, 2022 1:53pm
Quoting charli86
I`m glad to see you back Lekkim, all the best!
Thank you buddy charli86! Nice to see you are still on the grind here on FF, best wishes
  • #60
  • Apr 27, 2022 4:47pm Apr 27, 2022 4:47pm
Time to reveal a personal touch of mine which I'm somewhat proud of. Have you ever wondered if it was possible to compare/combine data from several brokers in real time? I did and solved that. I attached this threads most beautiful pic so far, showing usdjpy today 27/04 with price/volume analysis/chart from 3 metatrader brokers at the same time. The more data you can get in every strategy, the more precise and valid will it be as well as eliminating noise and coincidences.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy2704.PNG Size: 29 KB
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