Wednesday, July 30, 2014

Low volatility, high volume candles - II

Some low volatility, high volume (LVHV) candles I spotted during the late NY session and Asian session today. This is from the USDJPY 5M chart. The candles have been marked in purple, and been given a green tick if you traded the range between the S/R levels and profited, and a red cross if the trade failed. The entry would've been the break of the candle's high if at a support level, or the candle's low if at a resistance level. There were a few other LVHV candles at S/R that weren't triggered.

(click to enlarge)

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