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This is for the ES only so I think I've muted the boys over there and the inky so they don't get confused over there All right, so we're pretty much looking at let's take a look at what's going on on the market. All right, so Currently we're starting to see some liquidity show up right here. This is a buyers that want to transact So they're putting in a level right there. So hopefully they will get filled
Let's change that color. Let's use a different color But this one green these are buyers right here So they're putting their orders in at the forty five hundred right here hoping that if we get this level Well, they'll still have enough volume to take out the buyers. They've been pretty much Hammering away at the price action. So as you can see Looks like when we opened up Yesterday we had some nice Liquidity sitting right here on the sell side. Looks like we kind of took that out as we kind of went up(...) Let's go ahead and clear this it will zoom in a little bit more Now we're looking at let's see if we can expand it right here these other buyers sitting at these levels and
These are sellers and they're trying to defend the level up here So as you see as we got closer to went and added more Volume to this level hopefully to get price action to retract So if we take a look you can see this is where all the selling was happening right here. We had some buying at this level and Then we had some more selling in this level not too much buying when we got up top It looks like we kind of thinned out. It looks like the sellers came back in to control But we did have some buying on the way up but kind of thinned out We would like to see is a lot more thicker volume of buying on the way up
I will take a closer look at see how price action is reacting. You can see where the see you see as Price action was selling down buyers right here left the market They kind of pulled their orders and possibly waited for another load to add more so you can see right here They added more trying to push down the price action more
and then they(...) Went up a little bit more thinner So no the whole track down you can see buyers were holding the current price action trying to get it to maintain But eventually they were taking out but then more came into the market right here trying to support it
Now our next place to see if there was enough volume that took out all the selling so hopefully all this right here Oh Thank you so much Hopefully all this volume right here that was taking out Hopefully that was enough for the sellers now that all the selling has taken over you start to see the buyers start to come in
Now we can get a better closer look at what's going on. Let's see so micro violin micro high micro high-volume nodes
These are great little volume profile tools Basically, it's identifying when we had the highest volume. So like This was a previous highest higher volume. What happened there? This is a previous high volume This is a previous high volume area. I'm currently right now with this POC This should be another high volume area, but since we're so close to either one of these I'm just gonna ignore that right now as you can see if you look back here that High volume node was active over here So with it when it's within a range of a few ticks or you know a few points. I'll leave it alone
22 авг 2024
