Relative Volume Explained: Elevate Your Trading Strategy for Peak Performance

In the dynamic world of day trading, understanding the subtleties of market indicators can be the difference between success and failure. This comprehensive guide is dedicated to unveiling the power of Relative Volume (RVOL) in trading, an essential tool for traders looking to harness market movements to their advantage. Our aim is to equip you […]

Trade Smarter, Not Harder: How Data Can Optimize Your Initial Balance Strategy

Are you looking to make smarter, data-driven trading decisions? In this video, we explore the untapped potential of Initial Balance and its statistics to elevate your trading game. 👉 What You’ll Learn: 📊 Why You Should Watch: 🔗 Links & Resources: 🎥 Recommended Next Watch: For an in-depth look at Initial Balance trading strategies, don’t […]

Why Understanding Initial Balance is Crucial for Day Traders

Whether you’re a seasoned veteran or a newcomer eager to make your mark, understanding the concept of Initial Balance is a game-changer in the world of day trading. But why is this seemingly simple concept so vital? Let’s break it down. Gauging Market Participants Through the Initial Balance One of the most compelling reasons to […]

My Favorite trade setup

One of my favourite trade setups which is easy to spot. We are using the Initial Balance and Prior Session Highs to spot the setup. I go over what to look for, when to enter, and when to close the trade. The examples are using the E-Mini S&P 500 (ES) To add the Initial Balance […]

How to use VWAP in your trading strategy

VWAP is used by institutions and brokers which makes it an interesting indicator for every trader. In this video I detail: what is VWAP and how is VWAP calculated why VWAP is important how I use VWAP in my trading strategies.

Adjusting to Increased Volatility

Today we witnessed a volatility squeeze on the August VIX (VX) and VSTOXX (FVS) contract. Volatility tends to increase the Initial Balance, Extension and Daily ranges significantly. This brings opportunity, but evidently also increased risk. It is important to adjust to the increased volatility in order to survive in the market. See how you could […]

Follow Up – What happened to the Weak Low

In a prior video I pointed out some weak and poor lows in the DAX. In this follow up video I’m looking back what happened in the DAX with the weak low that was set during the ECB day. Gaps & Untested Levels indicator: https://www.chartspots.com/gap-and-untested-levels-indicator-for-ninjatrader-8/

Taking Advantage of Weak or Poor Highs / Lows

What is a weak or poor high/low? How can you use this concept to your advantage? In this video I go in depth on the topic and explain how you can incorporate this in your trading strategy. Ninjatrader Ecosystem webinar: http://bit.ly/2k5K970 Gaps & Untested Levels indicator: https://www.chartspots.com/gap-and-untested-levels-indicator-for-ninjatrader-8/ Download Statistics reports: https://www.chartspots.com/statistics Download Initial Balance Indicator: […]

Initial Balance Trade Strategy – Fading the break

The Initial Balance is an important measure of who is currently active in the market. Based on this information and the break out from this initial range, there are several trade strategies that can be used. In this video I look at the: – Context – Entries – Exits – Statistics