A wonderful day for reversal traders in US markets

A wonderful day for reversal traders in US markets

A real game of two halves today in the US day trading session with the risk off sentiment expressed in the first half, duly replaced with a return to risk on, as the major US indices and exchanges reversed all the losses of the first part of the session to close near or above the opening price. In this session we focused on the YM emini index with some classical price action, both intraday and on the daily chart itself. Volume price analysis as always is the starting point, and with last week's NFP still fresh in the mind, the prospect of rising interest rates had taken their toll on the markets. However, on both the 4th and 5th of October, whilst the indices fell during the session, they also recovered off the lows and more importantly on high volume, sending a clear signal that the big operators were buying and absorbing the selling pressure. Indeed this was the pattern we...
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Volume price analysis tips for day trading stocks on NinjaTrader

Volume price analysis tips for day trading stocks on NinjaTrader

https://youtu.be/ABhHFzTn87M A great session with Anna and David of Quantum Trading as they explain how to get started day trading stocks using the NinjaTrader platform. In the webinar they check out some of the great sites to use for filtering stocks, and then focus on one or two which meet your day trading criteria. One such example was Acorda Therapeutics with the ticker ACOR and which despite the recent sharp move lower offer an excellent trade to the long side in this session. Using a combination of timeframes and the Quantum Trading tools and indicators on the renko and tick charts all combined to deliver an excellent return and all underpinned by volume price analysis....
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