BEST PLACE TO TRADE USING VOLUME PROFILE 🎯

SdĂ­let
VloĆŸit
  • čas pƙidĂĄn 9. 01. 2023
  • 👉 go.elitetraderworkshop.com/Free
    A common misconception among market profile traders is that the VPOC is the best place to find reversals. The problem with this statement is that for day traders, the VPOC lacks precision. Yes, the VPOC is a good place to get filled on a market order or to accumulate a larger position, but it definitely is not a good location for merely accessing your trade idea.
    If you want to trade around the VPOC, consider trade setups that move away from the VPOC with structures that allow you to manage risk.
    To summarize: The directional value of the VPOC is limited by its lack of precision. Consider the VPOC as a magnet instead of simply being a location to buy or sell when the market gets there.
    #DayTrading #VPOC #VolumeProfile
    Follow us at:
    Website: www.AxiaFutures.com/
    Facebook: / axiafutures
    Twitter: / axiafutures
    Instagram: / axiafuturesuk

Komentáƙe • 16

  • @vsatrader
    @vsatrader Pƙed rokem +4

    And you can use the previous day's value area high and low as they are still relevant, especially at the open or Asian session

  • @alexfx7500
    @alexfx7500 Pƙed rokem +12

    P.O.C for take profit not interested in trading pocs blindly

    • @derekwfrazier
      @derekwfrazier Pƙed rokem

      Depends on if it coincides with another setup, particularly developing after lunch higher is a nice long

  • @alejan_life
    @alejan_life Pƙed rokem

    It was so good to find your video, I found this is very easy to understand and useful, thank you and looking forward to further sharing.

    • @samanthahiggins8935
      @samanthahiggins8935 Pƙed rokem

      but im so stuck it's gone like over the 6 dca shotts I've taken..like 5 percent gaps but now only hoping it crashes..market seems so bullish hope ltc doesn't hit my liquidation at 151

  • @damian4556
    @damian4556 Pƙed rokem +1

    Your videos are clear and helpfull, thankyou for sharing them.

    • @AxiaFutures
      @AxiaFutures  Pƙed rokem +1

      Thanks Damian. We are always trying to do our best.

  • @samanthahiggins8935
    @samanthahiggins8935 Pƙed rokem

    Thanks for sharing this,...its such a coincidence! I have shorted LTC since it moved away from the Vpoc from 70.88 and kept shorting it till 87 ...my average short is like 81...now they say the market is gonna climb further..my question is that my liquidation is like still 90 percent away at 153 and the price at the moment is 89...should i be worried..coz I traded this exactly as you have elaborated here.. with session volume profile..help pls cheers and loves regards samanth.

  • @nvwealth
    @nvwealth Pƙed 10 měsĂ­ci

    What scales (h1/d1/month) you guys refer to on daytrading?

  • @velious2121
    @velious2121 Pƙed rokem

    I have found that price wants to revisit the vpoc of its most recent profile.

  • @xRedNationx
    @xRedNationx Pƙed rokem +1

    Like you said, POC are great for buying and selling at the level. I tend to use them to get in some tight range scalping back and forth long and short on the futes. Use those low value nodes to pin some nice reversals or follow through trend continuations like butter.

  • @anon6599
    @anon6599 Pƙed rokem

    Great video! Could explain that to a five year old. Good breakdown of fundamentals

  • @cena2616
    @cena2616 Pƙed 7 měsĂ­ci +1

    Pocs should only be used as magnets or targets

  • @peterwolufson
    @peterwolufson Pƙed rokem +6

    Lol you didn’t explain where the best place to trade was, only where not to trade
 which everyone knows you get out if you’re at VPOC and to not initiate at it either

    • @rh8297
      @rh8297 Pƙed 3 měsĂ­ci

      Agree. This is a truly terrible example of how to use VP and I would suggest these guys are not used for this strategy