Spot Institutional Liquidity With Volume Profile & Currency Futures - Institutional Trading Tips #6
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@chapchris 3 жыл бұрын
Sam, you CRUSHED it. Amazing job & currently binging your content keep up the amazing work!
@PsychFXSam 3 жыл бұрын
Hey Chris I appreciate you watching it means a lot to see you and others supporting the channel - I’m trying my best to give simple content and be honest about the fact trading isn’t easy and there are a lot of elements, beyond just strategy ! 🙏🏼🙏🏼
@MakuLabs 3 жыл бұрын
Thanks for the video. I've always found the VP as an art rather than a science. Many folks interpret low & high volume nodes very differently. Your previous video of using Williams %R to see oversold/bought locations in conjunction with order blocks was a more directly useful concept.
@PsychFXSam 3 жыл бұрын
Yes it can be, like all things it’s not a strategy on its own therefore it can become a science but it needs a process and specific market profiles to make it work - thanks for the feedback though
@MakuLabs 3 жыл бұрын
@@PsychFXSam would love to see some more directly applicable ideas. Have you tried putting a fixed range VP on fakeouts? You'll see very interesting patterns.
@PsychFXSam 3 жыл бұрын
Nope not really, my trading is very systematic to be honest
@marcovalentinoalvarado3290 3 жыл бұрын
Sheeeeshhhh, subscribed!!!! Thanks for the info! This gave me another way to look at the volume!
@PsychFXSam 3 жыл бұрын
Glad you enjoyed ! I’ve also got another updated volume profile video up you may like
@precisionmarkets 3 жыл бұрын
Thank you for that video, session volume makes a lot of sense now!
@PsychFXSam 3 жыл бұрын
Awesome! Happy to hear this
@domeliker 3 жыл бұрын
bro, i don't usually subscribe mid video, but there was just too much information given to me for free just to not subscribe. bro thanks, your tips are so helpful bro.
@PsychFXSam 3 жыл бұрын
Cheers brother - glad to have you here :))
@Creepa713 3 жыл бұрын
The problem is that you can’t use the volume profile like the way you showed in the video because that’s after the session not in live situations. In other words you got your data after the session ended if u use the session volume profile so that makes it irrelevant
@PsychFXSam 3 жыл бұрын
Very good point. When I use volume profile the current day is fairly invaluable until the end of the day. Generally speaking I’ll use it on closed days (previous days) only. I understand this may of made that slightly misleading. I’ll be sure to remake this in more detail but like I said volume from previous days is extremely valuable information. Cheers for the feedback 🙏🏼🙏🏼
@Creepa713 3 жыл бұрын
@@PsychFXSam oh ok I see.. I have tried using it for the Asian session to help me into London session and it works as a day trader but it’s not part of my strategy core because it’s still new to me have to back tested more.
@PsychFXSam 3 жыл бұрын
That’s completely fair enough. There are two main types, the fixed version which marks the daily volume however there is also the ‘Fixed Range’ which you can look up on tradingview and that lets you mark it on whatever time period you want - may be more helpful to you intraday! 🙏🏼🙏🏼
@fidelcordero8421 2 жыл бұрын
the levels are still there and you could take that information into consideration on the next set up.
@spencerwinston4334 2 жыл бұрын
Nothing cream puff light in this solid presentation on volume profile. The logic is crystal clear and compelling why volume profile is a significant market gauge. If possible, please give us a detailed presentation on order flow and delta footprints. Thank you for sharing your trading expertise with traders across the world. The truth shall set us all free on a market level and on higher spiritual levels. New US subscriber.
@PsychFXSam 2 жыл бұрын
Sure absolutely ! Thanks for the comment Spencer I appreciate it. Will do this for sure
@Bankz7725 3 жыл бұрын
Great video! Could you briefly explain what entry trigger means. I thought it meant risk management, am I right?
@PsychFXSam 3 жыл бұрын
The entry trigger is simply the final thing that triggers you to be in a trade - I talk about these 3 elements here >> kzfaq.info/get/bejne/jc6SmdWpsdm5n58.html
@dhavalsopariwala5517 2 жыл бұрын
Can you please make a video on how to combine Volume profile with Market Structure??
@suhaybdar2493 3 жыл бұрын
Great video! Could we get a more in depth video on volume profiling?
@PsychFXSam 3 жыл бұрын
Sure I’ll definitely add it to my topic list!
@marcocorreia1670 3 жыл бұрын
Hey Sam super nice content, keep it going. So on the day you're trading you're guiding yourself by the red line of the day before? Found the video very interesting but poorly explained on how you use it LIVE
@PsychFXSam 3 жыл бұрын
Hi Marco, appreciate the comment. Volume Is a tool that is far from a strategy on its own and definitely more of an art but the general point of interest I would use would be from the day before or it could be from many days before. I appreciate the feedback and I’m sure you’ll find benefit from my other videos
@marcocorreia1670 3 жыл бұрын
@@PsychFXSam I've been following you since the last 6 months and I find your videos very informative, it's just more experienced stuff so I gotta rewatch everything and backtest until it sticks in
@PsychFXSam 3 жыл бұрын
Ahh awesome, well let me know if you need anything :) appreciate the support
@marcotomacelli3775 Жыл бұрын
great video, what i am wondering though, is the trading view data feed reliable? does it refer to tick volumes?
@PsychFXSam Жыл бұрын
Thanks :) it’s the best you can do just using tradingview. However it’s not that inaccurate most of the time. To take it to the next level using something like bookmap and our footprint software is how to get much more advanced with it all
@KenLahne2 Жыл бұрын
what broker can one trade British pound futures?
@aimarketingnetwork6854 2 жыл бұрын
thank you for that video are you doing any mor of these VPVS video in dept
@PsychFXSam 2 жыл бұрын
Maybe in the future for sure!
@peet_maurice 3 жыл бұрын
great video :) :) can u just give us the names of all major futures that can be free on tradingview ? for instance if I want to trade NZDCAD or CADJPY, what are the names of futures I have to check ??
@PsychFXSam 3 жыл бұрын
Thanks! Check out the chart on this site >> www.purefinancialacademy.com/futures-markets
@peet_maurice 3 жыл бұрын
@@PsychFXSam Thank you for your fast reply
@vnormikoluvformi 2 жыл бұрын
Thanks a lot 🙏 💓
@PsychFXSam 2 жыл бұрын
Pleasure
@ajayrawal5986 3 жыл бұрын
waiting for new video on this
@svenbekker4600 2 жыл бұрын
what are the settings of the vpsv indicator
@PsychFXSam 2 жыл бұрын
Default
@maniac7314 3 жыл бұрын
Amazing video sir.
@PsychFXSam 3 жыл бұрын
🙏🏼
@stephenkumar5530 3 жыл бұрын
This indicator only available for upgraded plan? I can't add in free
@PsychFXSam 3 жыл бұрын
I’m not sure, I am on the upgraded plan but it’s built into trading view so I doubt it’d only be on one plan but I maybe weing
@painfx5853 3 жыл бұрын
Must not be catching to many pips
@80slimshadys 2 жыл бұрын
I was just having that issue but I figured it out. It's a drawing tool. Doesn't work if you get it from indicators tab but it does if you use the drawing tool tab on the left
@MarcinGrobelkiewicz 3 жыл бұрын
that indicator uses past data so can u show your forexfactory?
@PsychFXSam 3 жыл бұрын
I only use forex factory for the economic calendar - yes all indicators use last data. I’m going to remake this video as I feel I didn’t explain it properly. As a general rule of thumb, volume profile readings like shown in the video should only be paid attention to once the session (day) has closed - otherwise it is largely unreliable. This is something I should of made clearer ! Thanks for the comment have a great day! 🙏🏼
@rezafattahi5510 2 жыл бұрын
hi its excellent i,m from iran i have a problem in my tradingview i don,t have session volume would you help me? tks
@PsychFXSam 2 жыл бұрын
You may need to get a paid plan of tradingview
@pjmaas4287 2 жыл бұрын
Bro. Thank you.
@PsychFXSam 2 жыл бұрын
You’re welcome :)
@Malikforever 2 жыл бұрын
thank you!
@PsychFXSam 2 жыл бұрын
You’re most welcome
@mucjizo195 3 жыл бұрын
Can you telling pip Hunter indicator with how i get it??thnks
@PsychFXSam 3 жыл бұрын
I don’t understand brother
@Johan10683 3 жыл бұрын
Not with you...the volume profile for the day is only fully formed at the end of the day. In the video you explain how you (intraday on the same day) refer to volume profile characteristics and the POC for that same day - which haven't formed yet - please clarify?
@PsychFXSam 3 жыл бұрын
Yes totally agreed, see my updated video. I wasn’t as familiar with it back then as I am now - I’ve always valued price action and specific price values more
@jessicahonorat5970 2 жыл бұрын
@@PsychFXSam is the updated one posted already
@khalid91401 3 жыл бұрын
Not clear how to execute the trade. How to know the price action and momentum at POC ... This is just and explanation. Would love to see how to trade within the volume profile.
@PsychFXSam 3 жыл бұрын
I have an updated video about volume profile. Please remember though anytbing you see on this channel is not financial advice, never take my word or any persons word for anytbing and never risk your own money. You must backtest without risk and come to your own conclusions
@SP13XIII 2 жыл бұрын
What about if you only trade US30?
@PsychFXSam 2 жыл бұрын
Backtest it without risk 100 times and tell me !
@topspeed8832 2 жыл бұрын
Power
@ariemulderij4341 8 ай бұрын
but the profile is developing throughout the day Sam, how can one rely on that? Yesterdays profile is clear, but today I cannot say so much about yet
@PsychFXSam 8 ай бұрын
Only use yesterdays
@ariemulderij4341 8 ай бұрын
@@PsychFXSam oh ok thanks
@PsychFXSam 8 ай бұрын
My pleasure ! :)
@davidzmusically 3 жыл бұрын
First to Comment I'm the Wonderful Video
@PsychFXSam 3 жыл бұрын
Thanks! 🙏🏼🙏🏼
@Gwdufsm 3 жыл бұрын
reason I dnt trust this order profile.. if the point of control (5:03) you say retail things price is going down then shoots up.. how come before it shoots up there is no point of control there to let buyers and sellers know theres a volume to send it up. regardless of wether theres volume up still must show ... never trust indicators they never gave you clear picture. always use demand and supply price action
@PsychFXSam 3 жыл бұрын
I agree, this video was for the beginner explaining the profile - at the time of creating this I wasn’t as knowledgeable on volume profile as I am now. Appreciate the comment 🙏🏼
@Gwdufsm 3 жыл бұрын
@@PsychFXSam oh no bro not knocking you down. I respect the fact that you did it. I was just saying personally I don't 100 % rely on it may be I don't know how to fully utilise it thats why. not knocking you at all.. rather props for taking your time to do this respect
@PsychFXSam 3 жыл бұрын
That’s all good bro I was just saying my piece! I agree with you though, relying on anything beyond price isn’t really ideal for the core setup. Appreciate you brother 🙏🏼🙏🏼
@wowcoolrex1040 Жыл бұрын
i like your accent🤭🤭
@vladimirbalac4931 8 ай бұрын
does this indicator exist on mt4?
@PsychFXSam 8 ай бұрын
Search for volume profile tools on mt4
@vladimirbalac4931 8 ай бұрын
@@PsychFXSam thanky you
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