Preliminary analysis of the market before the trading session. Continued

Let's finish with a practical example of working with volumes futures.

00:00-14:00. Fourteenth hour
So we sold from 1.2886, the volume of the previous hour (see issue 54 of ForTrader.org). The fourteenth hour traded in the corridor between the volume of 1.2886 and 1.2852 (see Figure 1 and Figure 2):

Twice the market came to the volume 1.2852 and did not break through it. Pay special attention to how the market behaves in the corridor (see Fig. 2.). The volume of the hour is 1.2866. It is necessary to take into account the volume of each hour.

00:00-15:00. The Fifteenth Hour
The first 15 minutes of the hour were bought and formed a volume at 1.2887 (see cluster-15 minutes),over the volume of 1.2886-it is very important:

The market is in the buy zone, below the volume of the day and the volume of all hours. In the second 15-minute period the market approaches the level of 1.2886 and does not break through it (works out to buy), in which case you can enter the trade. However, in this case, we will not do it, as there is a strict rule: it is not recommended to enter the trades at the end of the trading session!

Tick volumes and their application

What are tick volumes?
Tick volume - is the number of lots entered the market per tick.
Why does it matter? Because with the help of modern tick meters and charts, we can determine at what prices large positions are open and, accordingly, trade from these prices.
In past lessons, we've already seen that tick volumes are an essential part of trading currencies, because tracking large positions in the market helps identify reversal points, close trades in time, and open as well.

Let's look at examples of deals based on tick volumes.
Before we look at examples, we need to understand the mechanism of working with tick volumes. So, these are:
1) Work from accumulations that are at the same price, i.e., actually merged volumes.
2) Work on single tick volumes (more than 100-120 lots).

Let's consider the first variant of transactions by tick volumes

In order to see tick volumesIt is convenient to use the tick cluster chart. Correspondingly, the tick bar chart is also used to see how the market is opening from these volumes.

Let's consider the first mechanism of dissolving from tick volumes.
Since we are only interested in large volumes, we need to set a minimum limit of 70-80 lots on the tick bar chart.

2 volumes are at the same price, so this level will serve us for the trade. On the tick chart you can clearly see how the breakout of this price to sell occurred:

This system involves working from large "sticky" ticks.

Consider the rescheduling from a single volume of more than 100 lots:
In essence, the mechanism is identical to the previous point, so in the explanation will be limited to graphics.

As you can see, the mechanism of work is quite simple, but at the same time interesting, so we advise you to practice and with experience what was not clear in the course of our lectures will become clear.