Online Price and Volume Course

MODULE 0. GENERAL INTRODUCTION OF THE COURSE

Volume spread analysis: analysis of the volume and range of the candle.

MODULE 1. INTRODUCTION TO THE READING OF THE MARKET USING THE VOLUME AS AN ELEMENT OF ANALYSIS

• The financial market as an auction.
• Volume analysis as a method of interpreting market behavior.
• Glossary of basic terminology and advance of key concepts in the analysis with contracting volume.
• The analysis with volume as "antidote" to professional manipulation in the markets.

MODULE 2. READING THE MARKETS THROUGH ANALYSIS WITH VOLUME AND TECHNICAL ANALYSIS

• Volume and technical analysis: compatibilities
• The volume as a great "validator" of technical analysis
• Key analysis elements with transaction volume

MODULE 3.1 VOLUME: KEY ELEMENTS

• The three laws that dominate the market:
  • Law of supply and demand
  • Law of cause and effect
  • Law of effort and result
• Imbalances between effort and result
• Potential imbalances in anticipation of a possible change in the sense of price.

MODULE 3.2 VOLUME: KEY ELEMENTS (CONTINUED)

• Point and figure graphics for counting potential price targets
• Volume and range of candles: importance of closing in relation to the range of the candle
• Absolute volume and relative volume.
• Bullish and bearish implications: candle intentionality

MODULE 4. HOW THE PROFESSIONALS MOVE THE PRICE: THE ACCUMULATION AND DISTRIBUTION PROCESS

• Wickoff price cycles
• Scheme of the accumulation process: phases and events in the accumulation according to Wickoff
• Phases A, B, C, D and E (Wickoff + Pruden)
• The distribution process: Events and phases in Wickoff

MODULE 5. HOW PROFESSIONALS CONTROL THE PRICE: THE ABSORPTION VOLUME

• Absorption as a maneuver so that the price does not shift
• Concept and verification of a situation of absorption
• Difference of absorption with "upthrust" (push) and "shakeout" (shake)

MODULE 6. OPERATING WITH VOLUME

• The importance of practice
• The dominance of a single market and the importance of the seasonality of the volume in different time slots
• Intentionality, ATR, Fibonacci ...
• Importance of opening volume
• Elements of analysis in the operation: dimension Japanese candlesticks with climatic volume and observation of tests without volume

MODULE 7. EXTREME VOLUMES AND DIVERGENCIES (ADVANCE OF CHANGES IN THE PRICE ADDRESS)

• Extreme volumes and divergences as a base of operations
• Concept and defining elements of extreme volume
  • Context
  • Volume
  • Candle range
  • Professional handling
• Professional "cheating" maneuvers

MODULE 1. AUCTION THEORY IN THE FINANCIAL MARKETS

• The financial auction as a fundamental element of market behavior
• Traditional auction and double track auction
• Fundamental components of the auction process: the importance of value
• The four key areas of the auction process

MODULE 2. INTRODUCTION TO THE MARKET PROFILE

• The importance of price with respect to time as a generator of value areas
• Application of the Gaussian bell theory to financial futures markets: potential market profiles
• The market profile as a graphing mode that allows to understand the market structure

MODULE 3. ELEMENTS OF THE MARKET PROFILE

• Daily temporality: information provided by the profile Vs the information provided by the Japanese candles
• Elements of the market profile:       - TPO´s       - Brackets       - Initial balance       - Tails / Stems       - Value area             - Value high / low area             - POC (control point)             - Bare areas of value and control points
• Glossary of terms
• Volume profile
• Composite profile

MODULE 4 TYPES OF MARKET OPENING IN PROFILE

• Open drive
• Open test drive
• Open rejection reverse
• Open auction in range
• Open auction out or range
• Overlap of daily value areas

MODULE 5 TYPES OF MARKET DAY IN PROFILE

• The importance of the initial balance sheet (IB) in support of the possible type of day in development
• Normal day
• Normal variation day
• Trend day
• Double distribution trend day
• Non trend day
• Neutral day
• Neutral day extreme (neutral day with extreme)

MODULE 6 PRACTICAL APPLICATION OF GRAPHICS WITH MARKET PROFILE

• Figures of "p" and "b" in a normal variation day
• Patterns “b” and “p” in value area throughout the session: price objectives
• Initiative buying / Selling vs responsive buying / Selling (initiative activity Vs response activity)

MODULE 7 KEY RULES IN THE MARKET PROFILE

• Areas of value and POC prior to previous session
• Stop runs
• Ledges (shelves)
• High Volume / Low volume nodes
• Directional performance (directional conviction)
• Rule 80/20

MODULE 8 RESOURCES

MODULE 1 INTRODUCTION TO THE ORDER FLOW

1. Order Flow concept
2. Order Flow chart elements
3. Candle composition
4. Delta
5. Chart Profile and summary
6. Order types
7. Order Book: Limited Orders
8. Delta divergences
9. Auction pending settlement
10. VWAP