Element Trader 15

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Element Trader 15

Element15

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If you only use one time frame you truly miss the big picture. However, trading is not about the time frame you use, its about the price levels (Pete Faders*). Normally you want to work from the top down. Weekly down to 5 minute. The bigger time frames are important because it shows you the key turn around points. The one hour and sometimes the 4 hour gives SM's position away. In VSA we want to use the 1 hour to identify where SM is POSITIONING from... very important.

Use supply and demand tactics with volume if you want success as an intraday trader.

Just f'ing around (for fun, not financial shit for you to randomly follow). Certain events need to take place at the projection levels. Is there evidence of buying or selling at a particular level? In practice you want to mark your target areas and then place an alert there. Once price gets there then you can conduct a more intricate analysis to determine whats actually going on at that price level. This allows price to come to you versus chasing the price (very bad to do). Volume is always key. The more volume (stopping volume to be specific) you see at a particular price level, the greater the probability SM is beginning an accumulation cycle. Accumulation cycles can take months to complete. If the accumulation cycle creates a wide trading range, there are tactics you can use to trade within the range (at the very edges). Or if its stuck in a range you can look for something better until it comes out of the range and begins its mark-up.

If you want to get smart on this shit and trade on your own and not listen to some jerk off that doesn't know shit about trading you can very easily learn by yourself and for free. You can demo trade or you can backtest for reps... which is what my videos are about. In the end what matter more than method is that you get tons and tons of reps with whatever you are trying to do. Use volume in all of your trading though for it is the most important indicator, hands down. Backtest on TV or get the app "BTC Tester" or "FX tester" ... incredibly important training tools that no one talks about.

If you want to put the work in and learn for yourself, Duckduckgo search for:
Richard Wyckoff accumulation and distribution schematic
Tom Williams VSA (Get his free book called Master the markets. Best book on trading you will find).
Check out Pete Faders VSA channel on YT. Free lessons that are invaluable on Volume and VSA principles.
Sam Seidens supply and demand techniques on YT.. also invaluable
MentFX is pretty good as well but I don't think he uses volume

Targeting previous accumulation zones for long entry and targeting previous distribution zones for short entries. Volume is the edge though. Those volume spikes (or lack of them) give away Smart Moneys (SM) positions.. its their tell.

SM accumulates low and distributes high. There are no exceptions. Do what they do and find success.

5 minute entry hunting. Looking for high volume out previous supply or demand zones. In general, you can find about 1 entry per session, maybe 2 if your game is good and the situation presents itself.

Using colored volume bars indicator (CVB) to help spot and illuminate accumulation and distribution areas. Using the lazy bear colored volume from the free indicator suite in trading view, I hav reversed the colors. What you see as red comes as green in its unmodified version and so what you see as green was red originally... Red is here to represent and warn us of supply/distribution. Green is here to represent and warn us of demand/accumulation.

I am not attempting to find a pinpoint entry during these exercises . The intention here is to see the pattern over and over again and burn it into my mind where thing happen and where things don't and what I should be doing at that time.... We just want to fall into the backdrop with smart money.. we want to do what they do. Volume is critical to identifying these areas. However I must give credit for there are some price action traders that can do this without volume.. I think this is a serious disadvantage but if you are making money then thats all that counts. The market is self correcting and you know the truth if something works for you or not.

A familiarization with the wyckoff schematics and you can see how often they do come up in a very "textbook" way... If you can identify these zones correctly, they are excellent reference points and should ABSOLUTELY be taken advantage of. When you hear someone say to "look left" do you know what you are looking for way over there? Support, resistance... sure. But I would say its more important to ID a previous demand zone. A previous demand zone is an area where a substantial amount of activity took place to build positions to the long side. This area has a high probability of 2 things occurring: Price re-accumulates and continues the trend or its finds that there is not enough there to hold it, so it falls through to a lower area to find demand.

Thats a lot for now. Thanks if you made it this far. Its all about backtesting/practice. With whatever style you are using. I think you can make anything work if you put in the reps. But I would also highly recommend considering adding volume to your game. Its can really enhance your system. I am willing to bet that if you did do that, you may find yourself only needing volume! But I don't know. Whatever entertains to brain.

Some basic supply and demand zone targets. Can see what happens when/ IF price arrives at these areas.

Are they selling again at supply zones? Was there enough accumulation to push though any remaining supply enough to push to a new high or close to the most recent newest highs?

We will see.

(For fun/practice)

More practice. Using the daily to ensure understanding of the bigger picture and gain appreciation for how long a setup on the daily takes to materialize. A Wyckoff type cycle can take weeks/months... but whatever... we are using these as far off projections to aid in our orientation. However if you are on the daily and price is within an area like a trading range, with adequate patience and pattern recognition it is conceivable that you can catch a major turn around.... but that is infinitely easier to do n practice. I mainly use the 1 hour and 15 minute for intra day trading.

More dry runs this time trying to practice price action only. I add volume later.

You gotta practice this stuff. It will enhance your confidence. Besides, if you cant find your entry in practice, how are you going to find it in real time?

Using the daily to find entry. Keep in mind that these are daily candles and to wait for a setup usinhg VSA can take a long time. Use the dailyt o know where you are in relation to supply or demand zones and know what to do when price gets there. You can still find VALID no-supply and no-demand signals. Very good to see this situation manifest on the daily because you can clearly see the percentage gains out of these major areas. In real time this is very difficult and requires very strong patience.. but can pay off...

For intraday traing purposes we use teh daily for general orientation, the 1 hour to determine the health of a trend and the 5/15 minute to find entry. Price levels are whats important, not time frames.

Look for further information (free) here:
Pete Faders VSA
Wyckoff analytics
Bitcoin trading challenge (more techie if thats your thing but Bennet is super smart, too smart for my style)
Read the ticker dot com
PSYCH FX for price action and other important technical analysis points

Ask questions here as needed. You don't need to lose to the market. But you must train in order to use the market to your advantage.

Supply and demand analysis is way better a method if using ichi cloud on its own. However there is utility if volume analysis is applied. These are not much more than a particular combination of volume weighted moving averages I think.

Always was confused by it when first starting out. There might be certain other patterns you can recognize in there but volume always rules. Cloud can do whatever the F it wants to.

Speed drill using the 15 minute. Also using the lazy bear colored volume bar indicator with green representing DEMAND and red representing SUPPLY.

Where are buyers going to be located? ..... previous demand zones will help
Where are the sellers going to be located? ... previous supply zones will help

The giant volume spikes provide us actual evidence to whats happening in the market.

Understanding supply/demand and how to apply volume will make you a profitable trader.

speed run. looking for appropraite entry areas based on accumulation and distribution areas and volume.

if you can find your entries to your method in practice, how often are you going to find it in real time?

Looking for pinpoint entry's based on the amount of strength (accumulation) or weakness (distribution) in the background.

Gold backtest

Use the session divider as a reference point. If you look at this point you will generally see the lowest volume of the session. Price evetually must move through these low volume gaps. Why, because there is nothing in the way of price (no sellers, no buyers)... Volume is key.

Targeting for BTC, ETH, DOGER and BNB.

Music: Darj

Going to see if it can hold up on any of these supports... Im expecting discount prices. The lower the better. Im not buying that shit up here i don't care if it goes to 100K tomorrow there will always be waves

Don't chase because the very person you are buying from up high, might be me selling to you at a profit : )

Buy low
Sell high

Chillen. Practicing.

Never chase price

Hit me up if you are stuck and losing. We can work through it.

Bored to death man...

Another backtest run using volume and price action. Looking to identify directional bias as well as key supply and/or demand blocks.

When supply is found the markets will try to make its way around the block or through the block depending on how you see things. I see it as price trying to navigate its way around these areas in search for the areas of least resistance. If the path of least resistance concept is unknown to you you can find it in Tom Williams book Master the markets. That book alone will really improve your game.

Post questions below and please subscribe.

They lied to you.

Look for accumulation/demand blocks below the cloud.
Look for supply block above the cloud.

You can see it for yourself.

Wyckoff, VSA, Tom Williams, Wyckoff analytics, Pete Faders

You can start there.

Auto fib. back test 2X speed.

Boredom + indica = trading like a free man.

1 min BTC scalp practice/Backtestng, You can see the accumulation and distribution. Its all relative. Might be a viable scalp strategy.. will see. Dont try these thing in a live account.

Music: MIKTEK

Multiple video freezes (using a slower machine today) But music will play through.

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Created 3 years, 11 months ago.

58 videos

Category Business & Finance

Professional. Excellence. That is what you will find here. I do not care if you like how I do things. I don't care if you disagree. I am likely better than you in all areas of life anyway. The fact that you might be offended by this is all you need to see to prove my point.

Anyway, I hate the charlatan trading community. They are pu$$ies and pieces of shit. They prey on people who are vulnerable. If that if you -FUCK YOU for doing that to people.

I am basing my projections off of VSA and Wyckoff methods. Volume, supply/demand trading IS superior to any other method. This is a fact. If you cannot prove to me otherwise, don't even bother trying. I will not listen to you. I don't like losing and trading without understanding volume is for losers. I'm sorry but if you have been looking at this for as long as I have you might get it.

I don't speak. I speak through music and art. Music and art is usually neutral. My channel is a combination of practice videos and target projections. I place the practice videos here because I want people to see that this can work and does when patient and allow for the situation to turn in your favor. I do not chase price. I do not FOMO into positions ever. I will let price run forever if it does not meet my criteria.

I am an absolute big tech dissident. I am trying to migrate all of my internet use to alt-tach. Big tech does not believe in freedom... and please don't try to convince me other wise on this either. I am libertarian/conservative leaning. If that matters to you. It should not. But I believe in freedom. No exceptions. No alterations. I don't care about your color or where you are from. I would never even think of a persons skin color but we live in a regression period where this is now a primary personality trait. Bullshit. Stop that shit.

This is also another good way to use time if you are on your ass for work. In 2-3 months of training and deliberate proper practice you should be able to start taking positions where you are comfortable with the risk. Please do not ever jump into any method without fully learning and vetting things for yourself.

Please subscribe if you are interested. If you do have questions please post them here or send directly. I am not here to charge people. I am not here to claim you will be a millionaire in 6 months of trading. No way. That is not reality. Trading is a job. It's a skill set. I equate it to learning an instrument or a martial art. You want to practice safely before jumping into the ring or on stage. Practice. 95% of trading to me is pattern recognition practice.

Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Read the ticker dot com
Wyckoff analytics
Dee Nixon

Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)

When you set a target and wait for price to get there (proactive/decreased risk)
When you enter a trade when its already on its way to a target (reactive/increased risk)

BTC:

bc1qn86363vkcjdlsx2wjy3xqnsfapdykm2le447fq

ETH:

0xDABA980d9a8D026A340576423693f7B62ca1C0FF

Very Respectfully!,

Element.