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CL – between the hammer and the anvil
price histogram : total volume & delta tf histogram : total volume & delta There is quite an interesting situation for oil at the moment, worthy of your attention. You can see on the slide, there are two important levels, support 74 – 74.50 and resistance 76.50 – 77.50. The situation is interesting as it is the third day that the oil price is trying to break through the resistance, but all the attempts to do so ended in the pullback. But today, as you can see from the lower histogram, buyers’ activity is not high, but higher than that of the sellers. If you hold the buy, you have…
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Henry Hub Natural Gas – February contract
price histogram : total volume & delta tf histogram : total volume & delta The first target is fulfilled. namely, the recent gap has been closed and aggressive buyers are slowly coming back. If Friday will be traded with outweighing on the side of the buyer – from Monday it will be possible to look for an entry point to buy. A little clarification – now it is relevant to analyze the Henry Hub Natural Gas FEB23 of February. January one is not so interesting for big players. As for the current situation – after the price returns to the 6.50 – 7 level, where the resistance level was formed back in late November.…
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Henry Hub Natural Gas – weather shapes demand
price histogram : total volume & delta tf histogram : total volume & delta For almost a month, the price of Henry Hub Natural Gas futures has not moved out of the 5.8 to 6.4 range. The expected price rallied in November and then a correction that no one expected until 5.4. In three days, buyers happily bought all they could in the 5.3 to 5.8 range. This level is the range of key support. The starting point for this trend has been the volume array, which has been trading for nearly a month since the 20s of October. Buyers dominated from Monday of last week until the current day, which reflected in…
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ES – when buying is scary and selling is even scarier
info #1 price histogram : total volume & delta info #2 tf histogram : total volume & delta In this review, we will look at the December contract of the S&P500 Index, but in terms of volume analysis. The main focus is on the first slide, we will need the second slide with the heat map to identify the trading scenarios. The first 5 days of the futures contract – everyone was placing positions. The price was in a tight range waiting for everyone to decide on the trend. Then a 2 day sharp drop from 3920 to 3680 to wake up the bears of all ranks. After all,…
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British Pound – December contract
The British pound has been very technical in this contract for speculation. There are several versions and speculations as to why the pound has become calmer, but we will not consider them now. Now it is more valuable to determine the important support levels and calculate the probable scenarios for the December contract’s end. The support at 1.185 – 1.2 was formed by the heavy buying in early November. During the week, we saw the “big bulls” making large buy trades on the high of the contract at that time. Most in this range will lock in a buy (short) or open a sell trade – the predicted activity…
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EURO – trade and risk
EURO – trade and risk ”Risk comes from not knowing what you’re doing” Warren Buffet” Like darkness without light, good without evil, profit would not be such a sweet goal if there was no risk of making a loss. Depending on the structure of the trade and all of its components, there are different approaches and strategies to amortize or minimize risk. But it is impossible to exclude risk completely from the calculation formula, because the rules of speculation at the stock exchange are built around financial flows, where money flows from a loser to a winner. Volume analysis can also be used as a tool to reduce risk. By…
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FGBL – let’s see how bulls work
”Who owns the information, owns the world” Nathan Rothschild How do big market players operate, where do they buy and when and where do they sell? Almost all traders have asked themselves this question. I am no exception. In front of you is a chart of the FGBL, which shows circles in green and red. The colour marking indicates to which type of market participant “bull” or “bear” belongs the volume trade – more than 300 contracts. Point 1 Note that on November 14 the maximum of the European session was insurmountable for the buyers. But after the correction, the big “bull” takes control of the situation. And as soon…