2019 starts with a bang! But volume price analysis reveals the truth behind the price action
https://youtu.be/dh1HZozNxOs
2019 Starts with a Bang! But Volume Price Analysis Reveals the Truth Behind the Price Action
2019 started with a bang in markets. Price action exploded early. Volatility spiked across indices and currencies. Traders chased moves. But volume price analysis (VPA) revealed the truth. Surface strength often hid weakness.
If there was one word to define the end of 2018 and the start of 2019, that would be......volatility. Over the holiday period and at the start of the new trading year we have seen extreme and volatile moves across the markets. First was the biggest single-day points gain ever for the DOW which climbed over 1000 points. Astonishing by any standards, even in a 'normal' session and not one sandwiched between two holidays. Next came the flash crash for currencies with the yen pairs plunging several hundred pips in minutes, only to recover equally quickly over the next few hours.
And all of this price action given further impetus from the thin liquidity...







