Day trading rangebound indices using volume price analysis and more great VPA lessons

When markets are rangebound, it’s time to move to the faster timeframes of sub 1 minute which are all available on the NinjaTrader platform. In the second part of the US session we step down to the very fast timeframes of below 1 minute and in fact use the 15-second chart for scalping the YM Emini future. But as always, volume price analysis works perfectly in all timeframes and is therefore a terrific way to scalp these contracts when markets are rangebound as they were in this session. What this proves is that it is possible to make money with confidence, even when the price action is relatively narrow using volume price analysis and the Quantum Trading tools and indicators, in this case on the YM Emini.

So some great volume lessons here, but ones which apply to all timeframes.