The volume on the BTC futures cart is the most predictable. The CME has a work schedule. Its very easy to identify. Look at the volume... as usual this is the most important indicator. It allows you not only to see where the big players are buying or selling but more importantly volume shows us where they AREN'T buying of selling. I sometimes refer to thiis area in the volume as "Negative space" or where there is little to no volume action.
If you are confused all you need to do is activate the session divider on your chart. This will bring up a set of vertical lines (North/south). Where this vertical line intersects with the volume is ALWAYS the lowest volume of the day.
There is obviously more to it. The best thing anyone can do is use the playback mode and backtest. The newest features on Trading view make it incredibly easy to keep track of how you are performing,
I have a VWAP on here but in all honestly the only indicator anyone needs is volume. There are some price action pattern traders that are good without it but imo opinion if they used volume it would make them even better.
Anyway for the short term lets see if it can make it through that negative space.
If you are confused all you need to do is activate the session divider on your chart. This will bring up a set of vertical lines (North/south). Where this vertical line intersects with the volume is ALWAYS the lowest volume of the day.
There is obviously more to it. The best thing anyone can do is use the playback mode and backtest. The newest features on Trading view make it incredibly easy to keep track of how you are performing,
I have a VWAP on here but in all honestly the only indicator anyone needs is volume. There are some price action pattern traders that are good without it but imo opinion if they used volume it would make them even better.
Anyway for the short term lets see if it can make it through that negative space.