Price + Volume = Profit — Transcript

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1. 0:00The big players can easily manipulate
2. 0:02price, but they can't manipulate volume
3. 0:04that easily. Volume feed is very useful.
4. 0:07It's not going to get you 100% trades.
5. 0:10You can actually tell from price and
6. 0:12volume relationships whether somebody's
7. 0:14playing with you or not. Let's try it.
8. 0:16Go to the indicators tab. Search volume.
9. 0:18Click this one by trading view. Go to
10. 0:20the settings of the volume indicator and
11. 0:22check volume moving average. Make it
12. 0:24white and make the MA length 20. Here
13. 0:27price was spiking up but then had a
14. 0:29catastrophic drop and price plummeted.
15. 0:31But something very interesting is
16. 0:33happening here. If we take a close look
17. 0:35at the volume, it stayed exactly the
18. 0:37same during this drop when in reality
19. 0:40bearish volume should be rising during
20. 0:42this like this. In this instance, volume
21. 0:45stayed the exact same at the average
22. 0:47volume. So we can expect this to be a
23. 0:49liquidity grab and look for an entry.
24. 0:52Here we have the point of liquidity.
25. 0:53Right below that is a beautiful fair
26. 0:55value gap. That's where we enter. Price
27. 0:57reaches our fair value gap. We enter.
28. 0:59Set our takeprofit at the high. Set our
29. 1:01stop loss below the gap. And it indeed
30. 1:03was a liquidity grab. Looking at price
31. 1:06and volume together is an edge in my
32. 1:09humble opinion.