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teach you and just so you
understand and could employ.
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you're doing but when you're
back testing it's one of the
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frame point of interest and now
you're going to be seeing a
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to here and then what would
happen is the indicator
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and you know see if it's
effective for your plan. But
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main issue with this indicator
the high and the low of the
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yeah guys that's it for volume.
Um if you'd like take this part
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same as the volume profile
indicator you drag it from here
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most important things but yeah
so you're going to have to use
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that volume is high and then on
the volume indicator profile it
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enter just one thing about the
volume profile indicator it's
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pro for that. You can use a
trial to actually try it out
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you're going to get the volume
maximum over here so are you
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don't think there's much to pro
that will give much of a
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highlighted over here you might
get false readings so that's
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it's red as well so it's
showing that it was selling
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here because you want to be
buying from here that's
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of interest however price did
not seem to respect this area
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list of course it helps and
when I do see there's a high
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feel like it's something
necessary that I wanted to
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structure properly. So before
you use any indicators of this
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using this indicator not
actually understanding market
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break of structure and then a
reversal now that's the with
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get a false reading so imagine
you've got a move like this.
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this is what price looks like
we're in a downtrend this is
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same scenarios last time but
you've got a range right now
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You're at the top right here
and you're wanting to buy what
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probability or the block that
I'm going to enter on if I see
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confirmation when selecting
your point of interest. So,
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all the candles and everything
so the volume indicator might
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the most volume however if
you're selecting the wrong type
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suggests something like that as
well then that's when I'll
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what happens here? Price went
up came back down to our point
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this is quite helpful to
understand which or the blocks
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there's it's a there's a lot
more volatility you know with
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it's an indicator obviously you
can search up on Trade Invew
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yeah, you look at that in more
detail. So, you drag that out
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sense then why would you even
try sell it or buy it if you're
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there or perhaps the liquidity
void that you see right here.
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why volume is not one of my
priorities on my confirmation
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higher time frame and do it for
all of this and most likely
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usually there'd be a red line
that appears from it as well.
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completely and this is the way
to use it. You identify the
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here. So you can look at for
example that breaker block
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sort or even the just a general
volume indicator that we
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else. You've got to understand
if that point does not make
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now this volume profile
indicator is not completely
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the high time frames perhaps on
the four hour or the one hour
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called the volume profile
indicator. So what you do is
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the range we have so we've got
from one high here to the low
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on the lower time frames it may
be a bit more difficult because
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is you would set your range so
it's it's like dragging a fib
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presents the order blocks of
the highest amount of volume
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investment into the Euro wasn't
as prominent at the moment so
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indicator will do it would drag
the highest volume and you'd
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of ranges that could be one of
the problems and that's the
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really recommend using the
volume indicator especially on
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in a buy area. Now moving on to
the last volume indicator. It's
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use the volume indicator as one
of my confirmations so what
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would you leave as the range
would you take it from the
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going to wait all that time or
are you going to put the range
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distributes on the lower time
frame and that's exactly what
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up on our charts price
eventually gets there
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actually shows where the most
amount of volume has occurred.
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difference when you're actually
trading and you know what
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So as you can see that
liquidity void is prominent
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So in this case it would be one
of these order blocks right
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profile. Uh when you look at
the charts this is exactly what
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between for example imagine
you've just hit a high time
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range that you select can be
very subjective so you might
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Uh personally like I said I
don't use it too much but I
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obviously an issue because
you've got a liquidity void in
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you would put the fib from one
end to the other exactly the
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identify that as the longest
sort of bar in a way and
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we start to see price starts
going downwards so I would
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bar that you're going to see
and use this as extra
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Uh this this top one was
manually put on as well. Uh but
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remember that market structure
is more important than anything
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accurate but it was it will
simply show you which area had
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there and then a suit right
above that you've got the order
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order block of higher volume
profile so that's the longest
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order blocks available and
that's exactly what we start to
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that means is when I switch it
on I correlate it to all of the
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So let's just say we're at this
point in time right here. We've
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right there and that's where we
are in price what you would do
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this order block right there
that aligns with it for example
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one of the lows and we're
looking for buys. Um the
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pressure that links up to that
area right there if we actually
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00:10:36,943 --> 00:10:40,463
you know take consideration and
put this part of your strategy.
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00:10:08,823 --> 00:10:12,743
View Pro obviously I had that
for a while to be honest I
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it looks like. So what you're
going to have is you know of
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not be as accurate as you'd
expect it to be. Um but yeah
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look at that order block the
significance of it we mark it
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USD is actually risen because
of that news and of course
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main point of interest at the
top. We've got one right here
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structure up we're going to
start seeing price go back up
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done our analysis we understand
okay if we get this breaker
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is the taper therefore there's
been a lot of speculation so
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again to then eventually
retrace down. So we've got this
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that's why we're seeing EU
going down Now if we're
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to look at. Um they can be
misleading sometimes so just
102
00:10:06,183 --> 00:10:08,823
but the the problem with that
is you need to have Trade and
103
00:07:04,463 --> 00:07:09,263
And that's exactly the area
that you'd identify. So it
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block now for me to understand
which area is the best I could
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is that move up
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as well. And this one right
here after the liquidity void.
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we're in a downtrend so we're
only looking for sales
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view like this. You have Euro
USD the top and then there's
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see here this volume right here
the longest one that we can see
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this one here is for that order
block at the top here as well
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as well only on the one hour
time frame what we're expecting
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volume indicator correlates
with the order block above so
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course this range we've reached
this high. We identify that as
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just before we actually get
into the example to actually
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like this you just click it
once and then the volume
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fundamentally backed as well so
this is Euro USD quite recently
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starting to look for sales we
have a few points of interest.
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you see how this one was an was
the longest one that links to
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this little icon it looks like
an eye it's like a little eye
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So in terms of the second type
of volume that we look at it's
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flow downwards another sign of
strength down then that's when
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happening at that point and
that's exactly what you start
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you start to see the volume
start to increase because
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put your volume indicator on
you going to have the trade in
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indicator should come along the
bottom but yeah each bar on the
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So moving on into the example
what we're seeing right now is
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most amount of volume. It is
usually these candles that are
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get there as soon as it reach
the order block and starts
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mitigating the different levels
on the lower time frame there
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trend on the lower time frame
so you start to see some kind
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of break of structure back
retracement down some order
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the volume starts to decrease
however as you get a change of
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the better order blocks to
enter off. Now an example so
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you can identify which order
block or candles contain the
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identify a higher volume areas.
So using the volume indicator
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quite high at this point
because you're starting to see
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do as price gets to point of
interest, the volume of the
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lower time frame so this is
what you should expect price to
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to see right there.
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you're getting an increased
amount of volume of sales
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a lot of acceleration into that
point right when it starts to
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buys, so this is the volume
indicator, this volume is is
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this is our area of interest
right now we start to go on the
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example you got all the block
there comes back down and then
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see which one presents the most
volume in that older block and
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the volume divergence we're
going to explore it more in the
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that would be the higher
probability one. And then
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you've got the volume profile
indicator which we're going to
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down before you even get into
it what it is is when price
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you actually combine it with
volume now just to break it
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look at more. So like I said
the first first one where it's
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wipe off schematic lessons
because when it comes to that
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starts to get to a point of
interest so let's just say for
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00:00:30,923 --> 00:00:34,363
at. The first one is volume
divergence which we're going to
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identifying higher time frame
volume areas. So that means
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when looking at volume there's
three main types that we'd look
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00:00:23,643 --> 00:00:28,003
it would just add to the extra
confirmations that we need. So
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be getting into more in the
later stages when we look at
159
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when you're selecting a certain
point of interest you might
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00:00:51,163 --> 00:00:54,363
have two for example. So then
you'd look at the volume and
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Wykoff and our different type
of schematics. Then you've got
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you know have a lot of
dependency on it but of course
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Anyways guys take care and I'll
see you in the next video.
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Yes everyone welcome to the
next video. So in this one
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lot of retail traders use it in
their strategy but for us
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that most of you have probably
heard and especially quite a
167
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we're going to be looking at
volume. Now this is something
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personally as smart money
traders we it's not we don't
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