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Price action

Bottom

It’s almost impossible to hit a bottom without a massive price/volume spike down on a 5-min chart. Some call this a “flush” but I like to call it a “puke” because people are literally “puking” out their positions, causing this market action. Watch for it. But the real nail in …

Time and price

Confirmation of a powerful impulse move comes when the new price level is sustained for a period of time. Once I see …

Price and volume in FOREX

As we all know there is no volume in FOREX since it doesnt have any centralized exchange. However in my scalping strategy volume is fundamental element of my trading. I take volume out of the CME(EURO FX FUTURES contract): http://www.cmegroup.com/…