Support and resistance indicator for gold

Support and resistance indicator for gold

All traders and investors know that recognizing the most significant levels of support and resistance on a chart is key. There are many ways this can be done, from simple, hand-drawn lines to specialist indicators. Two such indicators from us here at Quantumtrading are the accumulation and distribution indicator and the volume point of control. The A&D indicator is price based, while the volume point of control (aka vpoc) includes both price and volume, and we can see how these work on the weekly chart for gold. What is unique about the accumulation and distribution indicator is that the lines thicken each time the price is touched, thereby confirming the relative strength of that particular support or resistance level. Meantime, the vpoc not only gives us the key levels based on price and volume but also highlights the congestion/consolidation zones where the price action is likely to pause or even struggle in its journey higher or lower. Using these indicators together gives traders...
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Best support and resistance indicator

Best support and resistance indicator

Support and resistance are integral to technical analysis and also a key plank in the volume price analysis. methodology. It, therefore, makes sense to use the best tools possible to highlight those areas and levels on a chart where the price action is going and perhaps stall. At Quantumtrading, we have developed price and volume-based tools to help traders and investors make sense of the price action, and we have a great example on old where the accumulation and distribution indicator, the volume point of control, and Camarilla pivot levels have all come together on the weekly chart. The precious metal has recently found its mojo once again, lifting off a triple bottom at the $1632 region. It also coincides with the volume support and achieved the $1812 level, where it now faces its first major price resistance level in the form of the accumulation and distribution indicator. We can see this given the thickness of the blue hatched line. The...
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Gold trading analysis

Gold trading analysis

A look at the daily and weekly charts for gold following its recent move higher, which appears to be driven by the meltdown in the crypto space and not the ongoing raging inflation and geopolitical worries. The charts speak for themselves, and the question is whether the precious metal can maintain the bullish momentum. The volume price analysis signals on the daily confirm a slowdown and correction with the key resistance levels on the weekly confirming.  ...
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Volume point of control indicator

Volume point of control indicator

Session crossovers provide market makers with the perfect opportunity to trap traders into losing positions. Sadly, many traders are still unaware that this happens regularly and across all markets. It is done using the volatility we always see when transitioning from one financial centre to another or at the opening of a physical market. For example, at the Wall Street open, there is an inrush of participants into equities and markets such as Globex. The result is always volatile, with prices moving quickly in one direction before reversing sharply. However, traders who use price action and volume analysis recognize these traps and stay out until the true market direction is confirmed. There was a great example this week on the gbp/jpy at the London open when as we can see from the 15 min chart above, the currency pair seemed poised to reverse lower following a strong move higher at Eurex (the European open) and following such a move a reversal...
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Volume trading indicators for Tradingview

Volume trading indicators for Tradingview

The volume point of control or vpoc indicator for Tradingview can now be configured for alerts on an indicator that we have developed to take the concepts of volume price analysis to another level. Inspired by the principles of volume profile, the vpoc analyses the density and intensity of volume over time against price. Alerts allow traders to know when the price has crossed into the most significant areas of volume density. In this video, David explains how to apply the alerts. https://youtu.be/QJ3x8LfuKns      ...
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How the volume point of control can often signal a major reversal

How the volume point of control can often signal a major reversal

A wide-ranging video in which David highlights some nice vpa examples on the indices ahead of the US Close, along with how the volume point of control (VPOC) can often signal a major reversal in trend. Plus, the importance of the psychology of trading and why it is the key to discovering your trading persona. https://youtu.be/3wsRLqsw0ns  ...
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Using support and resistance in multiple timeframes on the DXY, Indices and SOXL

Using support and resistance in multiple timeframes on the DXY, Indices and SOXL

Volume price analysis signals appear across all markets and timeframes. In this recording, David & I consider these on the DXY, the Indices, and the triple-levered semi-conductor ETF, the SOXL. However, as we explain, it is essential to view vpa not only in multiple timeframes but also in the context of support and resistance, which is where the Quantum indicators can help the accumulation and distribution indicator, particularly which not only marks these key levels on the chart but also confirms their relative strength. It does this by thickening the line each time it is touched, giving us a clear visual picture of the effort required to break through the levels. https://youtu.be/khR-h-IrmgI      ...
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Trend monitor & volume price analysis to stay in a trade

Trend monitor & volume price analysis to stay in a trade

Along with several volume price lessons on the 5 min chart for the YM E-mini, the futures contract for the Dow Jones, David explains how traders can benefit from trading this contract outside the heavily volatile US session. By looking at a faster chart we can see the activity increase at session crossovers such as the London open and by applying vpa & using the Quantum indicators, take advantage of some steady, measured price action. And using the principles of volume price analysis and the trend monitor will also help to keep us in a trade. https://youtu.be/KbMVv_dgwtM    ...
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No clear direction for #Tesla. Will upcoming Q2 earnings provide the catalyst?

No clear direction for #Tesla. Will upcoming Q2 earnings provide the catalyst?

A look at the weekly Tesla chart where the price action has been moving sideways for some time creating a strong channel of price action which has been defined by the accumulation & distribution indicator. In doing so we now have the key levels that must be breached before a clear direction of the trend is established and any successful trend has to be accompanied by strong volume. Finally, Q2 earnings are due on 20th July which may provide the catalyst for the breakaway from the current consolidation. https://youtu.be/TpVA2otYFsY By Anna Coulling You can buy Anna's Volume Price Analysis Book at Amazon https://amzn.to/3nGD1v8 Discover Anna's forex analysis at her Facebook page https://bit.ly/3Lp4URS Indicators available from Quantumtrading http://bit.ly/2MAjR8w Learn about our Forex Program and Funded Program at www.quantumtradingeducation.com  ...
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Stock analysis using the volume point of control & accumulation & distribution indicators

Stock analysis using the volume point of control & accumulation & distribution indicators

In this video, David & I cover using the Quantumtrading support & resistance indicators for stocks such as Fate Therapeutics, Apple & Tesla. The indicators in question are the volume point of control which marks out key levels in terms of volume and the price-based accumulation and distribution indicator. This indicator is unique in that once the indicator marks a level it will thicken each time that level is tested and holds. What this does for the trader and investor is give a clear visual picture of the relative strength of any significant level. And when the accumulation & distribution combines with the volume point of control we know the level is of supreme importance as we can see on the monthly chart for FATE. https://www.youtube.com/watch?v=oEQL_K1gCnQ Charts courtesy of Ninjatrader. Learn more about the volume price analysis methodology in Anna's book which is available here: https://amzn.to/3nGD1v8                    ...
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