A little tip here. If you're looking at let's say 15-minute candles and trying to tag the volume, you can look at 3-minute chart to actually see in more details when buying came in and when selling came in. Then what your explaining here will start making a lot of sense right away!
means nothing unless U know what is happening within the BAR IT'S SELF . what is the vol for BUY to Open only . or sell to Open vol . can U answer this . ???
SIR the CHART'S i use for time is 1min,15min,30mni,1hr,day,week . also i will let U in on one study is my FOUNDATION of every trade i make VolumeAccumulatons but the Volume is for BUY to Open ,SELL Close ,SELL to Open , Buy to Close . using this U can see what's going on WITHIN the CANDLE
@@edwardsciacca8012 Wow..that's great man..Thank you for your advise. Hat off for you. I really understand what do you means. I hope can learn more from you
Every candle that we see is just an average of the total transaction made in the unit of time. So lets say 100 transactions took place in 1 minute. 70 transactions buyers, 30 transactions sellers. Algo turns the candle automatically to green, because majority of the transactions came from the buyers. So final result is green, that we see on the chart. But we gotta know that there are sellers too, and even this ratio can change dramatically in the next 3 candles, buyers vs. sellers will be 70-30, then 50-50, then 20-80, and only last candle can be red, the price action must be understood like a complex fight between buyers and sellers in that unit of time. There is no way that sellers are gonna stay and watch and let 100% buyers do their job, is just that they are not willing to enter trades or they have not enough power to overcome the sellers untill a given moment (price level approaches to an important level). This is how a candle stick looks like from the "inner side", like a fight whichi implies both enemies.
to not get so dizzy with that indicator, learn to use better the Delta on volume, which tells you specifically, how the volume started to enter and how it ended, it is better than watching the classic volume, and in addition, sometimes the candle in the price ends in green, but in the delta ends in red, it is known as delta divergence and possible reversal, depending on the temporality you are using.
Nope, not true. A buy limit order has NEGATIVE delta and a sell limit order has POSITIVE delta. A buy market order has POSITIVE delta and a sell market order has NEGATIVE delta. If you are familiar with footprint/volumetric (Ninja trader) bars, you will very often see extreme negative delta close to the BOTTOM of a move. These are limit buy orders entering the market. Alternatively, extremely positive delta near TOPS, limit sell orders entering. This is easier to visualize in Bookmap. If you are interested, I could make a video explaining. As for volume, bar volume profile is probably the easiest way for new traders. Alternatively just remember that volume peaks around bottoms and tops (limit orders). Breakouts happen when aggressive (market orders) buyers/sellers push out of liquidity zone (consolidation) in search of new price zone (liquidity higher or lower). Important to note - this leaves a lot of unfilled orders thus most breakouts/breakdowns revisit the initial place to fill the resting orders.
These volume bars are time dependent and are specific to that candle (be it 1 min , 5 min or 4H or whatever). Better to look at volume dependent on price
Best way I can think of to "interpret where volume is more buy/sell" would be to drill down to a lower timeframe chart and compare the volumes relating to our "levels of interest". Makes simple sense to me ... No matter how you look at price action (timeframe, volume, ticks etc), there is always a story within the story
Great video, I wish they could make the volume indicator different as it’s definitely tricky to figure that out when having to compare with price action. This will definitely take sometime getting used to.
That was litt bro.. I definitely was reading volume as just red(selling ) or green ( buying) … once yu piece together the other info VOLUME is just how many ppl are in that candle … make way more sense now
Most important chart in trading is orderflow chart but it is not available for free, once u have that it clearly shows the buyer and seller orders in that time frame along side candle, if one is bigger then other then in later candles market starts falling or rising, yup it's very simple that's why it is not free.
Thanks for this video. At the 6:20-6:30 min I saw many examples during earnings this week after a stock dumped. Since I am new and still learning I missed opportunities for long positions. Good stuff.
Volume Spread Analysis a level above SMC ICT in probabilities, it has 2 dimensional variables - price and volume that confirmed each others at pullback or breakout.
I really enjoyed this video! Yes, I’m definitely interested in more videos from you. If I understood correctly, you Live stream here on RU-vid every morning?
Brandon how do you find your levels? Any videos on this topic. Also, is it ok to use the RSI overbought and oversold areas as well at key levels? Thank you for all you do.
10:38 actually it's easier than what you explained. The reason the trade was no valid was because the next green candle did not engulf the previous red. For me it would have been played out differently. The bearish hammer at the top followed by the bearish engulfing is where I would have gotten in. I trade similar to this but with different rules.
High volume with a green candle with any wick is not a good time to short. Don't you think someone has already figured this out. I would wait for a better set up.
at around 3 minutes you said you can assume a majority of the volume on the third candle stick came in on the sell side. I get what you mean but for a true understanding of what's happening, that would be wrong. There is equal selling and buying at that resistance level but the sellers were more aggressive with their selling. They were in a hurry to dump and agreed to lower and lower prices , Thus giving the top wick on the candle.
Or we can say that price comes to area of interest ( resistance ) and buyers tried to move the market up but then slowly sellers *absorbed* those buying orders?
The video was clearly great and helpful brother..,,no need to add the "mind blowing video" in the title. I hope you dont see this as a negative comment.
VOLUME what are U talking about are U looking at volume to open , to close , sell to Open or sell to Close . first of all brokers are not the same and don't have access to ( ALL ) volume data and U have 1min 30 min 1hr 1day weekly . use VolumeAccumulations tell's U more and it is live DATA .
I see this guy on every volume video complaining. My question is, if you know better than every person explaining this stuff, then why are you even watching it. Get a job
03:25 you're WRONG. A single pull back at a resistance level is not enough reason conclude its a trend reversal. By the way you need up to like 2 more bearish candles validated by volume to conclude its a reversal. Even such a V-top reversal is uncommon. Most times price consolidate a little while before a trend reversal.
Both of you are correct...because it is about probability% and risk2reward ratio....Brandon will have low probability but higher reward...you will have higher probability but delayed entry.
Hey bro, you’re doing a good job but please could you remove your face from the video to increase the screen real estate. You handsome face on the DP is enough.
Greatly appreciate this my friend. Would be nice if you demo this on a chart, to see it actually working, replay etc as opposed just theory. Examples of where this has won big for you maybe?
There is absolutely NO SUCH THING as "buying or selling" volume. It's just volume. As each trade needs an opposite side to count as volume. This is utter garbage.
