Per request. Here is a quick analysis of AUD/JPY on the M30 (30 Minute Chart) Using SMART Trader Volume Spread Analysis Software.
AUD/JPY 30 Minute Using SMART Medium (Light) Template
1. SMART Red Bar (Weakness)
2. SMART Pink Bar on high volume (Caution/Weakness)
3. SMART Advanced Strength Indication (Caution/Strength)
4. SMART Light Pink Bar (Weakness)
5. SMART Pink Bar on high volume (Caution/Weakness)
6. SMART Blue Bar (Strength)
7. SMART Blue Bar on very high volume (Strength)
8. SMART Red Bar (Hard to see it but Weakness)
9. SMART Light Pink Bar also an Advanced Strength Indication and VDZ (Caution)
10. Multiple signs of strength (Strength)
11.SMART Light Pink Bar and Advanced Weakness Indication (Weakness)
12. VDZ, and multiple weakness signals to 13 (No Trade Caution/Weakness)
13. Advanced Strength Indication (Strength)
14. SMART Light Pink Bar (Weakness)
15. SMART Background Scanner Readings (Weakness on both but looks to be turning potentially)
Please keep in mind SMART Trader itself is painting these bars which makes these patterns and setups much easier to spot and act on.
We are completing multiple modules for the next update including our own SMART Volume Spread Analysis Advanced Signal Modules
Trade setups are verified via our proprietary background scanners (included with the system).
For more information or if you have any questions about SMART Trader Volume Spread Analysis (VSA) Software please visit
SMART Trader at pipbuilders.com or visit our Live and Free VSA (Volume Spread Analysis) Chat Room at http://vsa.pipbuilders.com
Good luck trading.
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