Kardec Trader shows how to confirm trades by finding low-volume moves away from demand or supply levels, then waiting for price to revisit those areas to see if the big buyers or sellers are still active before you enter.
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After review visits the level of demand, we want to see strong buying.
Activity or.
Selling activity. If we're talking about supply.
Out of that level.
Now, why that's important, step number two.
Is because.
We want to make sure buyers are factored into the market. This is going to dive into the concepts of low volume. Because on this rally, when we use a tool like a volume profile, we're going to see the volume distribution on this rally up. And what we're going to look for.
Is areas where.
The market did not transact a lot of volume at the impulsive move up or down from the level of interest, because that impulsive move up just means that large buyers or sellers are in the market. So then step number four would be.
Waiting for a revisit of this level.
Of low volume, waiting for confirmation here, because now we can follow the footsteps of the large buyers that were in.
This rally to.
Then follow their footsteps and take long and look for continuation up into profit to the upside. We're not really getting in at our level of interest. We're letting the market kind of bounce or sell off in the level of interest, prove that buyers or sellers are there. So we have evidence that the buyers or sellers, and then we look for.
A revisit of.
Those buyers and sellers. And if they support the market there or resist the.
Market there, we just.
Know that they're really strong and they have an agenda to either bring the market up or down. But it's important to use the volume on the move up or the move down of supply.