VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 10. Our new price level is set at 1.3020. Now we know that if price goes up towards 1.3035, volume will go down. We also know that if price goes down towards 1.3020, ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 9. Let's say we miss this price/volume move and instead try a price level at 1.3030. You can see that doesn't work. As price goes up towards this 1.3030 level the ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 8. First trade is done if you exited at or above 1.3020. Now price/volume made a new Peak F at vertical line "F". At vertical line "F" we need to be looking for a new ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 7. When price climbs from vertical line "E" we are watching the interest volume climb to the price level we found at 1.3050. When price climbs across (or nears we ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 6. Very important concept here. At Peak E, vertical line "E" we will yet again establish another price level at 1.3035. You can see how I got that by reading the ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 5. Read the price/volume relationship between vertical lines "C" and "D". Each time our price moves away (up) from 1.3050, interest (volume) decreases. Each time our ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 4. We know the price level must intersect both candles at vertical line "C" and vertical line "D". I have maked where the price level will fall between by 2 green ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 3. Peak C and Peak D are our next 2 clearest interest (volume) peaks. We are picking clear defined peaks to establish price levels before we enter a trade. We can be ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 2. Our price level must end in "5" or "0". The range of the first candle on vertical line "A" is between 1.30669 and 1.30719. There is only one possible price level ...

Volume Price Level Trading

VPLT TRADE WALK THROUGH JAN 7th-FIRST TRADE SETUP EUR/USD M15 Volume Indicator MT4 1. Go back in the chart and find 2 clear volume peaks in the volume indicator. I have marked them on the chart below as Peak A and Peak B. The red vertical lines "A" ...

Volume Price Level Trading

Just a word of caution - I have not explained everything yet. If you are trading this for real, I suggest not yet. Practice on finding price levels and trade entry/direction, but not live trades yet. Let me get through this. It's a lengthy subject ...

Volume Price Level Trading

I don't trade to win, I trade to earn. If you apply this right, then you should be able to trade with confidence and earn money consistently from your trades. How many trades you win, won't matter as much as how well you can trade and manage your ...

Volume Price Level Trading

See Post #78 and keep reading. I'll go into more trade specific info in upcoming examples.

Volume Price Level Trading

Volume Price Levels is developed from the old "read the tape" process we traders used long before home computers were at our disposal. I date myself, but in the "old" days the most efficient way to trade was with price and volume. VPLT is grown out ...

Volume Price Level Trading

Probably I should recant that and say the price and volume working together shows us everything. I was assuming the price part with the original words when written. It really doesn't matter what the volume indicator shows. It's relative. As long as ...

Volume Price Level Trading

A couple of more candles forward, price goes up, volume goes down, we have a new peak "F" so our price level sticks and I put it at 1.3030. We know exactly what will happen now do we not? Well I'm still in my trade if that tells you ...

Volume Price Level Trading

Let's keep going... OK, so price is now dipping, volume is up and we may have another volume peak forming. Here it is "no guts, no glory". You could pull out of this trade and make 15-20 pips. That is a safe money making option, and anyone who knows ...

Volume Price Level Trading

Jump ahead a couple of candles and I'm feeling really good about this short entry. The candle has hit (climbed to) our price level of 1.3040 and the volume (interest) is not in the market to go up pass this price level. My short trade is on!

Volume Price Level Trading

One candle forward and we see our PEAK E remains, and our price level stays at 1.3045. Now our last candle was long, trying to move price back up from below 1.3045 to 1.3045. Interest (volume) is less for price to move back up to 1.3045, so this is ...

Volume Price Level Trading

Let's jump a little closer to what it is like to use Volume Price Level Trading (VPLT) in real trading. Using the chart below and a few that follow, we'll pretend the candlestick on the far right is the last closed, this way you can see how VPLT ...

Volume Price Level Trading