Crash Course In Using Volume to Trade Forex Market Manipulation
This video breaks down the entry I took on the EUR/USD during a recent live training session. Members can view the recording in the member’s section, as this will show the process of how the entry came together.
In this video, I detail how I use volume to confirm a market reversal trade setup. Volume was key to this specific trapping pattern, as the pattern alone was mediocre. This video goes over two specific ways I use Volume Spread Analysis to confirm market reversal points, as well as some of the differences between using VSA in forex vs. equities that we must take into consideration.
About 7-8 minutes in you will see a screenshot of the actual entry price at which I took the short as well as the profit target that was hit for my standard +50 pips. This trade eventually ran over 180 pips, but it’s important to keep in mind that consistency is pivotal to trading success, not one or two home run type trades. Please comment below even if you only took the standard 40 pips. It’s always nice to see members catching more pips than I do!
Chad
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