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$129 $15 – Drag and Drop Volume Profile Indicator – Frank
Before I tell you all the details about our new Drag & Drop Volume Profile indicator, let’s go back to the very beginning:
Jesse Livermore, Charles Dow, Richard Wyckoff.
3 of the most iconic traders of the past. And they have 1 thing in common:
They all rely on volume as a basic tenet of their trading.
Following these giants’ footsteps, it’s time for retail FX traders to learn how to use volume in their trading too.
But maybe you’re wondering…
Is It Relevant To The FX Market?
Maybe you’ve heard that there’s no real volume in forex. Instead, we only have tick volume, which measures trading activity of market participants during a given time period.
But here’s the kicker:
Recent research shows that there’s a high correlation (as high as 97.9%) between tick volume and real volume…
In fact, here’s a research paper that shows tick volume is a good proxy for actual traded volume in FX.
Now, if you look at the raw data that your brokers provide, what would you see?
It’d be something like this:
Do you see the problem here? The market gives you 2 important pieces of information: Price and Volume. And if I have to guess, 95% traders only use price in their analysis, and completely ignore Volume which is equally important.
It changes TODAY.
Why? Because today we’ll show you an unusual technique to analyze Volume in the FX market to identify high-probability market turning points, and pinpoint trade entries and profit targets.
This technique is called Volume Profiling. And I guess the first thing I should explain is…
What exactly is Volume Profile?
Volume Profile is a visual representation of how much volume occurs at each individual price over a certain period of time.
$129 $15 – Drag and Drop Volume Profile Indicator – Frank
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