New opportunities on EUR/USD market

Yes.I think so too.There is max volume of today and 2 previous Friday.Certanly important level.

Importance of large positions.
Today on tick volumes at 2:54(Chicago time) appered someone`s large positions- 2 large positions that stick together for very short period of time(1min):

Here they are 50 and 52 lots:
this level should be used in trading, as market reacts to price where are hiden large positions in a shape of "rebound":

http://savepic.ru/449341.png

http://savepic.ru/412477.png

About trend:
For 2 days market formed volumes in this price range and made here(1,281-1,2844) about 6000 of lots.That is large volume.So that corridor devides market in 2 parts- sell zone(under) and buy-zone(above):

http://savepic.ru/452412.png

1,29 is max volume of previous week.for people who opened long - that should be target:

http://savepic.ru/435004.png

After strong movement of market on the hights appeared large tick volumes- positions that stick together:

http://savepic.ru/415551.png

Large positions at 1,2977 and 1,2985.Market may came to previous large positions- 1,2959.That short is risky.So s/l we put at the opening price.

http://savepic.ru/405311.png

went long doing that... 1.2800 as support... and I am at +220 pips for today... getting half now.. rest trailing..

I really like it... look how asian session couldn't break the 1.2800 level ... having asian with less volume than euro and us sessions... it was very difficult to break that level.. then... euro session tried to break it but again... nothing possible without the US session.. so.. it is a better support level now. and look what happened... boom... up.

Yes, thats why I like Us sessions so much)Interesting how they made 2000lots at 1,3005 and reversed market on europe session, signal for closing long positions was more than clear)

yes...
it's known that banks use automated trading 24h a day... but I don't think they put large orders with those automated systems... because it is clear when the volume happens... when real people work... also sometimes... one can see big trades before sydney.. to try to manipulate the market.. when the volume is low... it's interesting.

that 1.28 level is being strong...

no big volume trades information today?

Hi Alex , Can you please tell me how I can get the charts you have . I Think you call then Tick Cluster charts . Thanks in advance . Tom

1.281 is very important.It was a bottom actually.Today they made new max volume of contract on 1,2845- went below it.Only resistance was 1,281.Just broke it.Nice short- trend is declining.

Today market made new max volume of contract at 1,2845-1,285 and declined from it.I shorted under 1,281 as it is bottom of this contract, from there market gained on Tuesday after they formed 6000 lots during Friday-Monday .

http://savepic.ru/428910.png


Today is a tricky day- news about jobless claims and cutting rates.That is a reason not to trade at all.Always cover half when after market gave you some money, and put s/l at the openening price, or just above large volumes from which you trade, that will make trading less nervous and more comfortable.

Large volume accumulations:

http://savepic.ru/410465.png

We will consider the whole contract that has started 15 of December till today (a slide №1).
As soon as on the market appeared large volumes after holidays - Euro declined.
On a slide №1 there are maximum volumes for every month.Current week (this month) hasn`t taken any certain trend, and formed volumes in one price range.

A week from 02-02-09: On the chart of week I have noted where there were large volume accumulations for a day.
Monday has generated volume at the price 1.283 and its closing was above than the volume of day, that tells us about the further gainig trend.On European session market formed volume at 1.283 too and on the American session- gained. On Wednesday market has returned to that level from where were it gained on Monday, and on Wednesday they made max volume of contractat the price 1.2845. As there were a lot of important news market was very volatile. On Thursday on European session volume was formed at 1.2785 and then market gained to max volume of contract 1.2845.Over the contract price volume was formed too, that pushed market higher to 1.29(volume of week before previous), that was even broken.

When Monday will open - market will be obviously in a buy-zone. It should return to 1.29/ to contract- 1.2845 / to volume of Friday. If next week will not go under max volume of contract that it is possible to wait for gaining trend. We will wait for Monday volume formation.Last week Monday,Wednesday and Friday formed volumes on 1.283 and 1.2845 and 1.287 - such accumulation of volume will push strongly the market. If on this week will go under max volume of contract- we will short only below Thursday.

Slide #1

http://savepic.ru/458417.png
Slide #2

http://savepic.ru/451249.png

Today`s before trading session analysis of British pound and yen is here http://www.forexfactory.com/showthre...67#post2524167

Euro gained as it was expected
But instead of that there was a nice long trade by tick volumes:
We have a pullback after strong gain, but market is in a buy-zone so we are looking where to buy, today volumes are high but in the bottom we see 3 large positions that stick together, there was nothing like that today, only 2.That must be someone reversing the market - we may try to buy from such levels, because it is opportunity to buy at the bottom.

http://savepic.ru/458444.png

The analysis.
Monday gained. At level 1.3038-appeared large volumes (3600 lots during the day) - someone wanted to push market back to contract level, but as we see they couldn`t.
As we were expecting on Mondaythere was long. OnTuesday market has "wokked off" important levels - contract 1.2845 and 1.2868,1.2865 - were worked off and market gained from them to volume of Monday (from volume to volume).As level of Monday hasn`t been broken + on levels 1.304, 1.3034,1.3032,1.3014 has again appeared large volumes in an hour not to let the market go higher, it signalled us that further movement higher will not be. The market have again knocked down to contract 1.2845 level. On a slide I have indicated corridors and resistance levels. What levels for us important at present moment:
-contract 1.2845
- current week-1.3038
and level of Monday+Tuesday-1.2967

On wednesday we are expecting:
Concerning max level of the contract market is in a buy zone, concerning volume of week we in a sell zone.
The volume of week is now pressing the market downwards. If for on europe session euro will not leave under contract level - we will expect that again market will gain to levels of Tuesday (1.2967) and Monday (1.3038).But if volume of current week will be transferred closer to contract (1.2845,1.2868) levels-then market can leave from it in a zone of long positions but only if max volume of contract will not push the market in a sell zone.Easier to say we are between two fires - volume of the contract does not let the market to decline and volume of week does not let it to gain. We in a corridor between 1.3038 and 1.2845.

http://savepic.ru/398075.png


Levels of Tueday- resistance: on a 60 min clusters you see large volumes more than 1000 lots on a sell.

http://savepic.ru/455418.png

Max volumes of week:

http://savepic.ru/420579.png


Max volumes of the contract:

http://savepic.ru/421603.png

hello , Alex_S

base on volume to trading , that's interesting

and may i know which platform u are using?

Euro broke 1,281.That was a bottom.Nothing resist/