Volume price analysis answers the one question all traders want to know which is simply this…’Where is the market going next?’ And in this session from the live webclass we show you a terrific example trading the WTI futures contract for oil on the NinjaTrader platform. In this case we see an excellent price waterfall develop, but then the buyers step in with stopping volume on a narrow spread candle. Clearly buying…it cannot be anything else, and so as a trader you prepare for the reversal which duly arrives and a nice trend higher supported by the trend monitor indicator for NinjaTrader. So a stress free reversal trade using the power of volume price analysis which reveals the truth behind the price action.
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