How to Use Volume Profile to Determine the Strongest Support & Resistance Levels (Beginners Guide)

Рет қаралды 82,016

Күн бұрын

How to Use Volume Profile to Determine the Strongest Support & Resistance Levels (Beginners Guide)! In this video we go over how to use the fixed range volume profile. For more forex tutorial trading videos be sure to subscribe to the channel. Thanks for watching this video How to Use Volume Profile to Determine the Strongest Support & Resistance Levels (Beginners Guide)!
0:00 Introduction
2:50 How to use the Volume Profile to Determine the Strongest Levels
3:38 How to Interpret a Point of Control (POC)
4:21 What is Point of Extreme (POE)
4:52 How to Use the Point of Extreme Level
5:28 The Underlying Psychology of Point of Control & Point of Extreme
5:47 How NOT to Trade the Point of Extreme
6:13 How to Get the Volume Profile for FREE
7:16 How to Apply the Volume Profile
9:00 Example of Using Volume Profile as Part of Your Trading Strategy
9:29 Summary of Volume Profile
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Пікірлер: 51

@FinancialMarketWizards 3 жыл бұрын

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@FXCapo 2 жыл бұрын

I do not get the negative comments, yea sure the intro was long but overall the information is straight to the point with tips here and there. He even uses graphics, which many KZfaqrs do not do. Keep it up!

@LifeReboots Жыл бұрын

Thank you, I got way more out of this video than the other 3 I watched on the same subject.

@aridematos3555 2 жыл бұрын

Thanks for taking your time explaining , Knowledge is key!

@PrettyMoneyLife 2 жыл бұрын

Thank you so much best explanation on KZfaq!

@Thenarayanaclips 3 жыл бұрын

Thank you so much for the help.

@teranallen3337 Жыл бұрын

You should never trust volume profile as a buy or rejection. You will blow up your account. PoC should only be used as a point of balanceD then wait for a break or clean rejection. Rarely that will be on PoC. You can never see the balance of buyers and sellers, PoC is the point where buyers and sellers are the most balanced. Buyers have the same weight as sellers. While PoC is bullish above and bearish below, this should NEVER be used as a buy or sell trigger. You have to wait for a support and resistance, the stronger the trend line the more accurate you are using it as a buy and sell signal.

@Dave-sl2nf 2 жыл бұрын

Great video. How did you move and place the vpvr on chart?

@bullitt773 2 жыл бұрын

When trading regular equities, do you recommend including pre/post mkt data?

@suryasuryam476 2 жыл бұрын

God bless you sir thank you so much

@amardatt2101 4 ай бұрын

Excellent.

@ersingungor6101 2 жыл бұрын

great video

@brett2cents7510 Жыл бұрын

sir what about trend line trading aka scalping? can we enter and exit scalp trades at poe?

@noirderio31octobr 3 жыл бұрын

Best 👌👌👌

@noirderio31octobr 3 жыл бұрын

Tnx bro

@vichaikk5548 Жыл бұрын

thank

@alancosens Жыл бұрын

But, wouldn't the volume data on TW for FOREX be completely inadequate? FOREX doesn't really have volume data. TW pulls some general data from somewhere, but not sure where from. And when I asked Kinetick (volume/order flow data provider) about this they said: "There is no "last" price for spot forex because there is no centralized exchange reporting actual trades. New price quotes will show a volume of 1000. Think of this value as a placeholder. It does not represent a real number on contracts traded. So volume based tools and Order Flow+ will not work with forex." But I see you're using this on a EURUSD chart. Just a heads-up to those new to trading FOREX, I really don't think the volume data is accurate at all. That would be more applicable to futures. If you think I'm off about this somehow, please provide the correct data.

@antfish6761 2 жыл бұрын

2:53 start

@Stisse12 2 жыл бұрын

Can you trade with Volume on Forex??

@wwiii469 2 жыл бұрын

Tick vol vs real vol what do you think?

@darshank8971 2 жыл бұрын

Everyday we'll get poc.. but how to know which is strongest and how to determine this

@702Blunt 2 жыл бұрын

Not really I'd your looking at longer time periods like w,d,4hr

@WinnieAmos05 2 жыл бұрын

Reading volume at those levels helps

@aladindeocarezajr.6947 2 жыл бұрын

🤑 forex signals

@jesssmart7545 Жыл бұрын

There’s a free fixed vpr on trading view

@9852024137 3 жыл бұрын

🤑+forex signals

@lucianod.569 3 жыл бұрын

I have lost, but I have earned today because I invested with Kayla. $180,000

@aspavigoforexmentors5889 3 жыл бұрын

It took him 3 minutes to actually get to the point of the video...

@lucianod.569 3 жыл бұрын

I have lost, but I have earned today because I invested with Kayla. $180,000

@aspavigoforexmentors5889 3 жыл бұрын

@@lucianod.569 How do you sleep at night when you live ypur life trying to scam innocent people from their money?

@JoshuaESaenz 3 жыл бұрын

Kayla is great. 👍

@JoshuaESaenz 3 жыл бұрын

Telegram @ KaylaPalmer

@lucianod.569 3 жыл бұрын

Not a scammer at all.

@mitchellstewart6745 Жыл бұрын

It’s no use using an indicator data value as a support OR resistance. Unless you can logically determine the rules for your system it’s exposed to speculative outside control variables that is based on emotion? You CAN NOT make money trading being an chartist and using speculative bets that’s guaranteed loss of funds