There is no better tool to trade with than Hawkeye Volume!
Why?
I’m glad you asked. . .
Volume is a leading indicator, signaling the intentions of price ahead of time. You have heard it said that “Volume is the fuel that drives the market”. And traders all over the world gain the edge they are looking for when Hawkeye Volume is coupled with triple timeframes.
Hawkeye Volume and Price
Hawkeye makes volume price analysis simple. The Volume indicator shows whether buying or selling is dominating the market using simple color codes: Red shows professional selling, Green shows professional buying, and White shows no demand. In other words, it doesn’t just tell you the volume, as with other trading software, but it actually tells you whether the volume is professional BUYING or professional SELLING.
Below is a nice example of a 15 minute EURAUD setup:
Notice how just before the big price move down, that Volume signaled the intent of price way before the trend began, shown by the oval and Red price bar extension. The red bar also has a Hawkeye Pivot (yellow dot). Therefore, we expect price to reverse 3-5 price bars after a Pivot. With opposing volume however, it is a compelling signal of market reversal. On top of that, we also see a Price Action Failure, shown by the aqua box on a triple top. Here, volume and price are working together to signal the intent of price to make a substantial move down.
The results were quite rewarding, as this example shows. Using the Hawkeye ATR Levels tool, a 8:1 Reward:Risk value was achieved, yielding a potential +90 pip trade. Note that the entry was a standard Hawkeye setup, following our 3-Step Entry/Exit Method. Our training courses teach this Method. These types of setups occur every day, and Hawkeye Volume is the best at showing you this action.
The Hawkeye Perspective
Don’t sit by and let trades like this pass you up. . . As a core component of all our unique indicators, Hawkeye Volume leads the way to a trading plan that can generate consistent profits daily.
Join me in the next free LIVE Hawkeye Demonstration Room held every Wednesday at 9.30am EST US. You will learn more about volume and volume price analysis and see more examples and live trade setups. It is open to all.
Click this link for more information or to join us in class.
Learn to trade the Hawkeye way.
Randy Lindsey
Hawkeye Traders, LLC
