Support and resistance in two different ways – using both price and volume and the VPOC NT8 indicator

Support and resistance in two different ways – using both price and volume and the VPOC NT8 indicator

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VPOC indicator in focus as forex markets consolidate

Forex markets calm as the US trading session gets underway, with the pound moving sideways following the strong trends of earlier in the day. At such times, volume price and time then combine as the volume point of control indicator for MT5 reveals the fulcrum of the market. https://youtu.be/FWQH71BXcvI...
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The volume point of control confirmed it all!

The volume point of control confirmed it all!

https://youtu.be/RETAqUrZc74 The Volume Point of Control Confirmed It All! The Volume Point of Control (VPOC) often confirms it all in trading sessions. It marks the price level with the highest traded volume. This acts as "fair value". Price gravitates here. Breaks or bounces reveal market intent. Another session for day trading the US indices where patience and more patience was required, but as always it’s volume spread analysis coupled with the Quantum Trading tools and indicators which helps to keep us safe and stop us from jumping in and then regretting this decision. The volatility indicator was once again much in evidence as indeed was the accumulation and distribution indicator for NinjaTrader, helping to define those key levels of price support and resistance which are so important. The volume point of control was also much in evidence with the primary US indices of the ES, the YM, and the NQ all rotating around key levels as price agreement was reached in the faster timeframes....
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