A short instructional trading monologue (Kardec Trader) focused on intraday scalp trading concepts. The speaker explains having a "long bias", using the previous day's point of control as a level for moving to breakeven, and introduces CVD (cumulative volume delta) as a tool to benchmark buying/selling pressure and market balance.
We have a long bias we are out of balance and we have the previous day point of control. Okay so with price action when can we put at breakeven when we break this level. Yeah you agree with me? Yes because we have level of protection that we can put here and we say okay it will retest and go yeah we shouldn't break that low right Volume we can use one tool this is called CVD that is cumulative volume delta what cumulative volume delta is giving you is a benchmark for pressure of volume you are out of balance so the probability you will find a new point of balance is I With cumulative volume delta you see this is the price maybe you see the cumulative volume delta doing this when you are here the cumulative volume delta is doing this what does it mean that aggressive buyers are really pushing on the gas and there is a lot of interest because as the price goes up you don't see.
