How Volume Works In Trading? You'll Be SHOCKED!
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- čas přidán 11. 01. 2024
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I have not find this kind of study about volume any where in CZcams. Great job on Volume analysis. Simple, Effective and solid concept
YYYYEAHHHH!!!!
Probably the best lay explanation of how to analyze and employ volume that I have ever seen and I have been in the markets for a good while. I have seen all the other videos on the subject and they simply cannot compare in value. Kudos my man for providing average retail traders a very key piece of the puzzle they simply could not see before. You have opened a door that has remained shut for an awfully long time.
YYYYYEEESSS! Thanks!! ;-)
He is the best👌
Thanks rockstar = @@manananand17
I have never encountered an explanation of volume and candlesticks quite like this. For this, I've subscribed, liked, and commented.
HECK YEA. Well - thank you so much!!! :) :)
Me too. Thats unbelievable. Every other "Trading Coach" is doing quantum physics on the chart and he does it like he is "just" jacking off🤣
Same here ... Very impressive
@@santhoshmraj thanks my man!!!!!
i agree i actually understand it now
I admit I didn't give volume a lot of consideration when I started off as a price action trader. However, I've recently come around to recognizing its power and impact. This video does a great job of highlighting why price AND volume combined together is King so thank you so much for sharing this! I am not sure if you have covered this already on your channel, but a separate video which talks about bullish/bearish volume tests near support/resistance would also be helpful to dive in to. Finally, another useful nugget you mentioned that will probably fly under the radar is when you mentioned 3-4 black candles in a row. That market tendency is a huge part of my edge that I exploit as well so it was cool to see that you are aware of it too haha :)
BEAUTIFUL!!! You will SLAY IT!!!! Thanks for the. kind comment
I am amazed by the way you explained and showed the theory in real. Thank u so much. Never saw such a simple and powerful strategy. Have a great success ahead and keep us guiding ❤
Thanks rockstar!!!!!!
Been waiting for another volume video. Youre excellent using volume. Thanks for the inspiration. Youre a great teacher!!!
Thank you rockstar!!!
This is the kind of volume analysis I've been searching for! Thank you so much for sharing your knowledge on this topic. Good stuff!
YYYEEEESSSS!!!! Thanks for watching!
and the brother was correct in his analysis of reaching 25.00 and selling off.
Sir, thank you for the greatest video on the volume. Kindly also continue the volume series videos.
Sure I will
By far the best and yet most simplistic explanation of how to use basic volume to make more confident entries and exits 🔥THANK YOU
Yyyyyeeeaaaahhh
Thank you!!! 🙏🏻
Love the video! Most people will often stick a multitude of indicators that block any really valuable information. As a futures trader, there is one more tool I would suggest, although it is volume again (volume profile). Really, all you have to do is search for volume confirmation around key levels (support and resistance in the form recent swing lows and highs). It is this simple!
THANK YOU!!!!
Right on. I trade futures as well
This video opened my eyes to the notion that price-volume action really tells a story on what is happening between the bulls and bears. Thank you so much!
Great volume discussion JAN. If you want to see the actualized trap volume in those lower shadows, try placing a volume by price profile on each candle. You’ll see that the bid activity is loaded with trapped sellers. Your analysis is spot on. Cheers.
YYYYEAAAHHHHHHH
"Volume by Price", otherwise known as "volume profile". Shhh. Don't tell anybody. 😊
The wicks that occur after the initiative position is established (the large money that is initiating the price move) -- those subsequent wicks are smaller-time frame inefficiencies that (usually) get addressed. Those inefficiencies are really unfilled orders that the market seeks to fulfill...thus the result on a chart is a wick (aka a tail).@@RealLifeTrading
@@ddtrader1755 Yes absolutely they are visible on the footprint. You just have to know what you are looking at. It's also (not in footprint format) available on trading view (for a small-ish subscription fee). Most retail traders do not realize nor do they accept that they are being lured into a trap scenario by a price chart (candlesticks)
Thanks for the text brother!
Thanks for sharing, Gonna go replay some charts! Stay blessed!
YYYEEESSS!!! That is WHAT we need to do on weekends, I agree! :-)
That’s what I’m talking about, I’ve learned this in arabic from some analysts a year ago and from that time I was searching for references in English but couldn’t find any, and suddenly after watching a random video this popped up .
God I was so happy that I find what I was looking for.
Liked Subscribed and saved it to watch it again and hoping to find others about the same concept.
I’m even starting to build an indicator based on volume candles with trends and support with resistance that send you alerts when the price closes higher then the ultra high volume candle.
Hope it works perfectly.
Thank you content creator ( sorry I have no idea whats your name)
Yeah!!! (And my name is Jerremy) =]
Seven years I’ve been trying to figure out how volume actually can help me. You gave me the last bit I needed for it to finally be a part of my trading, best of all it’s kept me from taking lots of trades and only going for the best setups.
YYYYYYYEEESSSSSSSS
If you have been trading for 7 years and just learned about volume, please quit.
@@tcavalo that’s not what my comment meant,
I love your enthusiasm! I will have to watch this video over and over again until I get it and then practice my trades over and over again as you suggest until I get it. Thanks so much! Blessings to you.
Thank you for the kind compliment!!! 🙏🏻😍😍
Enjoy this video along with any others you watch :)
Yep, I am doing that, just with on balance volume. Works pretty well
Swwweeeeeeeeet :) :)
Very beautifully explained. was dearly looking for this kind of volume video. Thank you!
THANK YOU!!!!
This is by far the best and simple explanation of how trends volume work! Thanks for the free knowledge. Keep it coming 🙌🏽
THANKS MAN!!!
Not to Monday quarterback, if you're going to use volume/price analysis to enter a trade, you should also use it to set your stop loss and profit exit. TSLA double bottom, 2 bull candles, decreasing volume on 2nd candle = pullback. 3rd bear candle on increased volume and not making a new low = bullish. Breakout candle on high volume = entry with stop where everyone else would put their stop. 1st target - increased volume breakdown candle from day before. Pullback, no damaging bear closes = still in trade. Breakout candle = addon, stops moved below low of reaccumulation. 5th wave, waiting for a change of character. Spike in volume followed by reversal candles = exit trade and keep analyzing for the next trade. Next wave down has decreasing volume on the wave down, wait for the next wave, entry on breakdown bar with a stop at either of highs of the waves.
I agree!!!!! :) Thanks for the comment
The most informative volume video I've seen. Thanks. 👍🏼
HEEEYYYY!! Thank you!!
Hi, thank you for the great explanations on volume. Today I learned new things to implement on my trade.
Man, this is awesome. I’m a volume and price action trader and this video unlocked even more potential for my trading! How sweet to discover your channel and learn even more about the simplicity of trading centered on basic concepts! Thank you!
Thanks Jim!!!!!
@@RealLifeTrading Update! Having watched this video four times since Friday, today (2/26) I applied your concepts and TRIPLED my trading potential and P/L! It ain’t rocket science, folks! VOLUME, price action, candlestick formation, market structure, and risk management! Basic stuff! Thanks again, sir! 🙏
@@jimcudasnyder WHHHHOOOOOO!!!! that is what I LOVE Hearing Jim!!! Congrats my man!!!
I think this is all super informative. Learning about rapped traders, and volume has really helped get me closer to not consistently losing money. But i was taught to start thinking this way when i started learning about footprint charts.
Super happy you can see trapped traders now! Like on tsla today!
Hands down the best volume video out there thanku for explaining the concept 🔥 I will practice and back test this in demo🙏💯 u have a new subscriber!
THANK YOU SOOOOOO MUCH!!
That was a half hour well spent . Enjoyed every minute
THANK YOU!!!!
Thank you for a outstanding explanation of the volume indicator 🙏
My pleasure! Thank you for watching!!
These are by far my most favorite videos on analyzing the markets. Have recommended to family and friends that are interested in the trading journey to really dive into this strategy and take tons of notes. Please keep them coming!
YES!!! I WILL!!! NEW video coming out today!
This best Volume i've ever seen here explained to clear and easy thank you for this,diff apply that to my chart
Yea
Thank you so much Champion!!
What a truly fundamental and simple concept. One of the best videos I have seen ever. Thank you!!!!
Thank you!!! 🙏🏻
Okay, all of this by itself could easily be an 8-week class. This is such a fundamental thing that needs to be embraced and looked at first before any other thing. A lot of people focus on indicators or all these other things but they're not looking at price action and volume. Think about it, back in the days of ticker tapes, that's all the information they had, stock name price and volume.
I think people get so enamored by finding the easy way using an indicator or some other thing that a guru will tell you to use that fundamental stuff like this is discarded.
If you wanted to do a full volume price action class I'd be happy to be one of your guinea pigs.
THANK YOU CHRIS!!!!! You are so kind!!! :-)
To add what Chris said, you really should look into making this a course/class. I feel so many people would benefit immensely from your experience and will deter new traders from jumping from one useless indicator to another as all of them are derivatives of either price or volume anyways.
@@simonov_spas I would take that course in a heart-beat, i have benefitted a lot from this video and the way everything was presented.
very good and i like the way you explain i was a little slow at first but you kept pounding the message great teaching!!!
Thank you very much for the kind comment Micheal!! oh
A gifted teacher, not many that can make this content fun, but you do! thanks for the value!
I appreciate that Jason, thank you! :)
Excellent walkthrough!
Volume!
Heyyyy!!!! Thanks!!!! 🙏🏻
Thank you for sharing this explanation about volume, and also the excitment you show about it tell us this is something very important that everyone need to learn, really thanks
Amazing!!! Thanks for watching!!!
Thanks for all these videos. Volume has always been the hardest thing for me to grasp!
Thanks for the comment Sean! Hope this helped!
I came back to watch this a second time! After spending 9 months trading and learning along the way, It seems i was simply on the cusp of turning profitable. This simple explanation of volume analysis seems to have been what i needed most of all! Over 8 trading days, i have seem some of my biggest gains yet! Thank you Jeremy, for taking the time to share your valuable insights with a random trader in India!
Subscribed, and i will be recommending this channel to all my friends.
Heck yes !!!!! 🙌🏻
Haha, you a great teacher man. I actually noticed this higher volume concept at my zones, I just didn't quite get the whole concept. But now you made sense of it with traders covering which means higher volume. New sub. You should do another video of this concept on NQ. The volume is not as easy to read.
Great!! thank you for letting me know! I'll work on futures volume video ;-)
Market was uber choppy this week in the first hour of open. I only trade about that length of time. Last week we were getting nice continuous moves shortly after open. Now with weeks like this, how can you read volume closer to see what’s going on. Expert opinion would be nice. Thanks. I look at NQ/ES, and sometimes stocks/etfs to see their behavior too
You teach really good. It felt like I was right there with you. I would like to see more examples please lol. If not I’m repeating this video. I never heard anyone explain volume like that before. New subscriber here
Thank you so much!! 🙏🏻🙏🏻🙏🏻😻
Thanks so much. I just subscribed and signed up for the day trading course. What TradingView volume indicator are you using?
GORGEOUS!!!
Around min 2 I show the volume indicator. ;-) It's just "volume" under the indicators. =)
The first RLT video i watched was "How to properly interoperate volume"! I rewatched it, along with videos from other instructors, until i landed on another real life trading video (one off the "how to day trade for a living" playlist)! Since then, if i want to learn, it's one of the RLT videos! Mainly the intermediate course playlist but in the last year I've been flat out watching the 'How to Day-trade for a living" and "Advanced trading" playlists!. One of the beautiful things about these playlists is that the RLT channel has a shorter video for all of the subjects, in the instructional videos, that are hard to understand. Seeing this video come out is a-lot like if your favourite band did an anniversary concert for your favourite album
HAYYYYY!!! Thank you Daniel!!!!!! :) :) Appreciate the super kind comment.
Amazing analysis! Brother, after all of these years I still love watching you give back to the trading community. To produce videos like this containing such valuable content and provide it for free to help other traders gain additional insight and edge is really cool.
Don!!!!!! Thanks so much rockstar!!!!!!
Thank you for simplifying this. Really. I mean, all of the books and videos and posts.. they complicate everything, and you seem to simplify them
Thank you Brittney !
Brilliant explanation of volume. So much detail dumbed down.
Thanks for the content. I trade naked charts I knew volume is a key factor but never really used it. Until today!
Yyyyeeesss!!! Now your trading will be even better!!!
So much clicked in my head during this video. Thank you!!
YYYEAASSSS
quite rare to see a hindsight show with such energy level, good job
Thank you so much!! I love studying the charts!! I truly feel it is what has helped me create wealth in the markets📈
This has really improved my story of what’s happening appreciate this amazing channel just subbed🎉
nice video on volume trading to succeed! thanks!
Lovely!!!! 😊
Sir, many thanks!!! God bless u. I'm looking more intensely at volume now, and it is paying off big time.
Best,
CT
THANK YOU VERY much CT!!!
@@RealLifeTrading just caught a big move down on SPY! I should have been focused more on my volume bars. Went sort on yesterday's close.
BEAUTIFUL!!!! @@christ7199
True insight and interpretation of what’s happening in a market! God bless you and thank you Sir🙏🏾.
Aw, I appreciate it! :)
wow bro, the way you talk, slowly and confidently, is such good teaching technique. You speak to me, and hopefully to others. Thank you for your generous, educational offering.
Aw = Dang! Thanks James!!!! :) :)
Thank you for this video! I was able to take my trading to the next level! You are the best!
Yyyyeeeeeeessss
Very cool information. Im going to look at this. Seems like it very likely could end up in my tool box
Ohhhh yeaaaahhhh
Please teach us some more volume. This is so valuable I immediately went onto my charts on last weeks trading, i see things differently now.
YYEEESS!! That's great news. czcams.com/video/6tUaSxOJh0o/video.html See if you like this one??
Thanx dear
I wrote a lot of msgs to meka another vedio on volumes in last vedio of volumes
Thank you for the video. Where did you get that metal money bill behind you? That is cool.
Thank you!!! I bought it at a charity action in 2020!!! 💪🏻💪🏻💪🏻💪🏻
Hey sir!! You helped me on the first take. God bless you sir!!
YYYYYESSSSSS
Dang, that's beautiful! I haven't fully wrapped my head around it yet, but enough to soil my shorts. I will be watching and rewatching this till I have it. Cannot wait to show this to my brother. We do some trading together, and he's pretty much a rookie. Till now. :)
This video add value to my trading journey., thank you. Hope to see more good content like this .❤❤❤
FANTASTIC!! That makes me very happy to hear!!! :)
Best explanation I have come across. Thanks. 👍😎
YYYYYEAHHHH!!!!
Great content, thank you! I will be doing some back testing, more back testing, and just when I think I got it I will do MORE back testing! I genuinely feel like my lack of understanding of volume as it relates to what we see in price action is the missing link in my trading.
Yyyyeesssss Cory!!! Beautiful!!!! 😍
@@RealLifeTradingI'm assuming for your volume settings you're pretty much just using all default settings (20 MA length)? Also, given the fractal nature of time frames, do you feel these volume studies are just as valid on a 1 minute chart vs a daily? I normally execute on the 1-5 minute charts.
@@CoryColt Correct, correct & correct. :)
czcams.com/video/mWL0t0mHk8g/video.html Watch this also! @@CoryColt
@@RealLifeTrading perfect, thank you! I appreciate the quick reply. Watching this video now, but all I can see is a beard. lol j/k
I think the explanation was amazing! Easy to understand and just needs practice. The fact it has the flexibility to incorporate in any price action strategy is great too!
🙂🙂🙂🙂🙂🙂
Very informative and educational video. Will subscribe and look out for your other lessons. Thanks and God Bless!
Heck yeah!! Thank you Jose!!!
i just chanced upon your page and your understanding of how volume works is fascinating. i believe i am gonna reverse my losing streaks very soon after carefully back testing.
thanks for your time and dedication.
AMAZING!!!!
I love your style of teaching, you really helped me take my trading to the next level. Thank you.🎉
Yeah!!!! Thank you!!!!! 🙏🏻
Great video. Excellent information. Thank you!
Thank you! for S&P which volume is more relevant, the SPY's or the /ES'? or is there a 1 correlation between them?
Amazing Question!!
I would say = ES
00:07 Understanding volume and price action is crucial for successful trading
02:35 Bullish volume indicates potential price increase
07:04 Bullish volume indicates a strong buying opportunity
09:18 Using volume for analysis can lead to profitable trading opportunities
14:03 Shorting strategy based on volume and retesting
16:25 Traders capitalize on market movement by identifying trapped traders and using specific trading strategies
20:17 Trading based on volume analysis
22:23 Patience in trading is key to success.
26:24 Understanding volume and candle patterns to make profitable trades.
28:15 Volume analysis can help identify trading opportunities
32:21 Understanding volume in trading is crucial for making informed decisions
34:35 Repetition is key to mastering trade setups based on volume
🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻😻😻😻
Great video. Clear and actionable. Thank you 🙏
Thank you very much!!
Great Video! 👍🏻
Wich Volume-Indicator you are using there?
Thank you. I showed this in the video, about two minutes in, it’s just called volume. 😇😇
Thanks a lot for an informative video. I will definitely try it out. Could I ask how do you set up your volumes with different colour for bear and bull action? I am new to trading, so it might be a silly question.
Get the ‘volume’ indicator in tradingview = and it will come preset for you :)
hey i m indian new to the stock market , trying to figure out how its work and all and u r information is really helpful man ...
thanku you thanks a lot
THANKS for watching!
Thank you headed to check it out nice to learn!
Amazing content, thank you! 🙏🏻🙏🏻
THANKS LUX
Great video. Thank you for your amazing insight.
What is the name of your volume indicator?
Just 'volume' under tradingview.
Vary nice and useful. Having trading SP future on a daily basis....this top is the most relevant in trading.
man bro thank you ,,i had the light bulb moment 🤣🤣 na but for real iv watched plenty of volume content & the way you broke it down was exactly the way i needed too hear it ,, thank you once again
Beautiful!!!!!!! 🤩
Volume Spread analysis a level above ICT and SMC, it has 2 dimensional variables - price and volume that confirmed each others in pullback or breakout patterns
Great video! Could you do a video on inefficiencies and how to use them?
I will TRRRYYY. Not my total specialty
I appreciate the video. A deep dive into volume. I laughed a few times, "look at the volume!".
My pleasure rockstar!!! Thank you for the kind comment :)
Loved it! Simple yet powerful
YYYYEAHHH!! Glad you loved it!
great explanation. thanks Jeremy
Thanks Legend!
Great video Jerremy! Thank you! 🙏🏼
THANKS for watching MIKE!
Lessons like this that add value to me , i do subscribe without hesitation . thanks Bro.
Thank you so much!!!! 😊
@@RealLifeTrading WELCOME
Very inspiring! Currently, I still focus on learning in the NFC community. Every day brings new insights and opportunities to grow.
7:33 FYI for those trading small mining stocks, using the daily timeframe...make sure you find out what's the reason for the green candle. It might just be another financing and not really a move by the market.
Thanks again Jerremy! Great stuff
Thanks for the kind comment Brian!
How beautifully narrated volume fundamental …Never heard anyone explained in depth
Thank you so much!!!! 😊
Thanks for the education 🙏
My pleasure John! Thank you for watching!
My first time seeing your work. I'm 6 minutes into the video and your Chewy target was 25.07.
It came up, kissed $25.24 and then did a full retrace.
Nice call on that juicy level!!
Hayyy!!! Thank you so much Brenda!!!!
Wow! Thank you for this video!
Yyyyeaahhhh!!! My pleasure Josh!! Thank you for watching!!!!
( IF ) the symbol U are watching no matter what the CHART is set at 1min ,15min,1hr, watch the First 50% of the Open Bar of TIME . moving Down most likely the first half of the bar will be UP or Sideway's . this is a patern i see . trading 57yrs.
Really an excellent video overall and very clear, common sense strategies everyone can benefit from. However, can you please explain why you chose that measured move as a projection of our current range extension? Seems to me, being at the tippy top now, we are operating within an entirely different context.
True. That was / is a tad advanced of a comparison. BUT, usually, what happens in one direction will happen in another one.. ;-)
Thank you very much.. God bless
🙏🏻🙏🏻🙏🏻🙏🏻🫡😍🤗
Amazing video. Thank you
HEYYYYY!!! Thanks for watching!
Really useful content. So when volume is high/peaked for either a bullish or bearish candle, those can be used as support and resistance areas ?
Precisely!
Great explanation.
Could I pick your brain on how to use volume for forex trading? Would be great to see your viewpoint on that
OHHHHH!!!! FUN!! What a good video idea. I could do that. Thank you!
@@RealLifeTrading cant wait to see it
Greatful to your analyses!
Yyyeeaaaa ❤❤❤
I think this might be the best video about volume ive ever seen.
Thank you 🎊 🎉