How To Use Fixed Range Volume! (3 ways!)

Summary

This video explains three ways to use fixed range volume in trading: for choosing the right zones, for entries, and for targets. It emphasizes that fixed volume ranges are often more effective than volume profiles for the presenter's trading system. The video uses practical examples on charts to illustrate each point.

Highlights

Introduction to Fixed Volume Ranges00:00:09

The video introduces the use of fixed volume ranges in trading, highlighting its preference over volume profile for the presenter's system. It outlines three main applications: choosing the right zones, identifying entries, and setting targets.

Choosing the Right Zones00:00:46

This section explains how to use fixed range volume to identify strong supply and demand zones. Amidst numerous potential zones, volume helps to pinpoint high-probability areas by revealing where the most volume was transacted within a specific range, particularly useful in ranging markets.

Setting Targets using Fixed Volume Ranges00:02:34

The video discusses how fixed volume ranges can assist in setting effective profit targets. By analyzing the volume distribution and the point of control within a price movement, traders can identify strong areas where price might reverse, helping to secure profits effectively.

Entry Strategies with Fixed Volume Ranges00:10:15

This part details how to use fixed volume ranges for precise entries. By observing price action within a zone during specific trading sessions (e.g., Asian session leading into London session) and identifying the point of control, traders can find high-probability entry points with favorable risk-to-reward ratios, as demonstrated with a specific trade example.

Conclusion and Importance of Volume00:14:26

The video concludes by reiterating the importance of fixed volume ranges for zone creation, entries, and targets. It emphasizes that understanding volume helps traders grasp market manipulation by large financial institutions, thus improving trading decisions. Viewers are encouraged to take the information seriously and utilize the tool to enhance their trading results.