The post Smart Volume Analysis Trade Update (Combined 890 Pips): Trade Using Our Unique Visual Background Scanner and Smart Zone Levels For Trade Validation appeared first on Smart Trader.

Traderelayer Results update and some information/updates posted to the news section of the site: http://goo.gl/NpZcYb

A new post regarding the upcoming launch of our advanced alert service: http://goo.gl/TTWxoB

Even though this article is detailing the traderelayer service, I know many of you check in at this site only so I am pasting it in here as well.

Here is the post text and screenshot from the TR article.

Sorry for the lack of updates recently regarding the advanced Trade Alerts but it’s all been mainly testing and not much to report as a result.

Here’s another example of a Smart Volume Analysis Catalyst Signal using two distinct methods for trading (Explained in our client documents) All trades are considered/taken save those with warnings.  The screenshots details the results.

One Catalyst Signal (Smart Upthrust) One Chart Using Smart Advisor – One method nets 40 pips – Another method nets 173 pips

Text from screenshot:

One Catalyst Signal (Smart Upthrust) on One Chart Using Smart Advisor. One method nets 40 pips. Another method nets 173 pips

This chart looks at one signal. There are many others but for this article only the Smart Upthrust is looked at. The Smart Upthrust is a very strong weakness signal but when some warnings are present will almost always fail. When using EOM Targets each trade with no warnings was closed at target except one for a combined total of 40 pips. Signal to signal as a method would have netted approximately 173 with no losses and one trade possibly still on (total assumes close prior to weekend) at the time the screenshot was taken.

No Warning Present:
1. Profitable (EOM and STS)
2. Profitable (EOM and STS)
3. Profitable (EOM and STS)
4. Profitable (EOM and STS)
5. Fails on EOM 4 Step Trade four but continues using STS and is profitable for approximately 50 pips

Warning Present
6. Fails with Warning Trade not taken.
7. Fails with Warning Trade not taken.
8. Fails with Warning Trade not taken.
9. Fails with Warning Trade not taken.
10. I missed this one on the chart originally so it’s out of order. This one worked even with warning which happens at times of course. Just as some trades with no warnings fail occasionally. Personally with my experience on these signals (One of my favorites) I would likely have taken this short anyway.

You can clearly see the difference in how each signal reacted and why the Smart Advisor warnings are so important.

Trading Smart Volume Analysis Using Catalyst Signals and the Smart Advisor (512 pips combined on 7 trades)

Catalysts signals are any signal that precede a larger move in the market.  These can be different depending on which chart and time frame you are looking at but generally with very little effort you can spot and begin trading these powerful signals right out of the gate.  We offer a very easy way to learn and identify them using our software and a few minutes of your time.  The examples below were not cherry picked.  These are real trades you could have taken using our software.

The chart below is the EURUSD but these patterns exist on every chart and timeframe.  As always if you have any questions please use the support link to reach us directly.

Screenshot:

Text from screenshot:

Trading Smart Volume Analysis Using Catalyst Signals and the Smart Advisor (512 pips combined on 7 trades)
1. Smart Upthrust (Signal to Signal worth nearly 100 pips)
2. Smart Upthrust (With Warning) No Trade
3. Smart Selling at a top (Short for 24 pips Signal to Signal)
4. Smart Shakeout after a big move down (83 Pips Signal to Signal or 107+ pips at Smart Level close)
5. Smart Upthrust (A favorite of mine… You can see why. 156 pips SIgnal to signal)
6. Smart Upthrust (Part of a Spinning Rowboat Multiple Bar Signals. Good for 35 pips)
7. Smart Selling (Signal to signal for 72 pips)
8. Smart Selling (Signal to signal for 18 pips)

Smart Catalyst signals are any signal(s) that precede a large move (Up or down) in the market. They are very easy to recognize and trade using Smart.

You can see trading catalysts signal to signal can be very safe using the advisor warnings. Only trades allowed by the advisor were taken and referenced here. The advisor helps keep you out of trades that will likely fail and is based on our own experiences trading Smart Volume Analysis using our signals and concepts. With a little experience you can even counter some of the advisor warnings for even more profitable trading.

For more information on our software please refer to our website or contact us via the support link on our website.

Trading Smart and the Smart Advisor:

Our Smart Volume Analysis Software (Smart Trader) shows you very quickly and effortlessly which patterns are valid, what their profit targets are thanks to our proprietary EOM concepts and the Smart Advisor module, the software even warns you of potential dangers based on our research and experience which include the easily observable rules within the advisor module as shown in the above examples. That said… I would add that while your percentage of winning trades will no doubt be much higher once applying our concepts and methods, we recognized that certain patterns need additional scrutiny before a trade could be placed.  In  our own trading and the development of Smart Volume Analysis, we found time and time again even though the win rate was very high for our valid signals, there were times that they didn’t work. As patterns emerged I was interested in identifying and cataloging these conditions so that I could avoid trades that would likely fail. Much of my initial research lead to our Dead Zone concept which improved our trading quite a bit on it’s own but that wasn’t enough. I found certain signals in a certain spot would almost never work no matter how good the signal was. These observations became the basis for what I trained many clients to look out for in the free live rooms but it’s difficult to remember these guidelines when following multiple charts. Many signals had different guidelines and we needed a way to easily report these right on the chart and in real time.  This is why our Smart Advisor Module was created. Every Smart Volume Analysis signal that appears is analysed instantly by Smart and the output if needed is available instantaneously on your chart based on our observations for that particular pattern (See example #2) . If there are no warnings, the trade is deemed safe and has a very high chance of working as expected and in hitting it’s EOM (Profit Target Levels).

As you would imagine, some warnings are stronger than others. Each warning and it’s meaning is detailed within the client documentation site so that you can familiarize yourself with them and begin applying these guidelines to improve your trading in a very short time.

For more information or if you have any questions about SMART Volume Analysis (SVA) and Smart Volume Spread Analysis (VSA) the methods, or our Software (Smart Trader) please visit the following link

I have gotten a lot of the questions regarding the Smart Volume Analysis Trade Alert Service (advanced account) testing results for Traderelayer and wanted to answer some of the more common questions I have receive regarding the new subscription option:

Results:
We are up nearly 9000 pips since April 23rd (this is being posted on July 10th). The results include FX trades only.

The account was started with 5000.00 on April 23rd and is now 13904.00 as of this morning (July 10th). Quick update to the post yesterday… I just closed one trade a short while ago for +64 and one last night for 30 odd ( which gave us the additional 100 pips I was expecting) Drawdown has been very low as mentioned in previous results posts.

Lot Size:
The Lot size, to ensure results (in pips) quoted are correct is dollar per pip (.10). I use this lot size just as I do for the other account options and the copiers to make result reporting and setup of the copier easier. As you may know, some pairs at .10 are not truly 1.00 per pip so it’s a rough estimate but it’s close enough for our purposes.

Reporting and Verification of Results:
A myfxbook account has been running since the beginning and is verified. A link will be provided upon launch but keep in mind this is HFT type trading mainly and has had a lot of testing (back-end system integrity checks for example) too. As a result there are just under 2000 message in the alert feed (the alert feed include for each trade an open alert, close alert, and the myfxbook verified daily total alert)

I will likely start a new account at launch for verified results of the service that would not include the above mentioned test trades. So… If you are reading this two or more months from now, the results will be different from the above.

Risks:
Upon launch you would need to determine if you want to accept all the trades or not and this may impact your results (more on this as we approach launch or submit a ticket for the details)

Price:
We have not decided yet on a price for the advanced option and the currently available account options may be joined or phased out all together as well. Anyone already subscribed to standard (fully subscribed currently) and possibly basic (subscriptions available) would likely be grandfathered in. Submit a ticket if you have any questions.

Subscriptions Available Now:
Standard and Basic options are currently running and basic has a few slots open. Standard is fully subscribed but may have slots available again depending on when you are reading this. Contact us to be certain.

Launch Date:
I am awaiting some tools to help select trades faster than I can do manually but may launch prior to those being available. I expect to launch within the new week or so to a very limited number of beta subscribers. I already know the systems work as we have been running them for our existing options for a while now. Beta is mainly to hammer down setup issues that may affect different clients and their preferences.

If you have any questions about the Traderelayer service please submit them via the support link on our website (http://goo.gl/HxkpeM)

For more information about SMART Volume Analysis (SVA) and Smart Volume Spread Analysis (VSA) the methods, or our Software (Smart Trader) please visit the following link

Pattern Trading is the basis for most traders systems but patterns themselves are not enough to form a winning trading method.  If they were, everyone that could recognize a simple pattern would be insanely wealthy. So, what is the missing piece of the puzzle that most traders fail to learn about and focus on? The answer is volume, and more specifically smart volume analysis. Smart Volume Analysis gives us the ability to see and profit from the hidden meaning within these patterns day in and day out with very little effort.

As an example, we’ll use one common pattern that when combined with volume becomes one of ours to demonstrate why volume analysis is the missing element in your trading.  The pin bar is a very popular pattern to trade.  A pin bar typically signifies a reversal in the market. However, a pin bar by itself is fairly meaningless  as they occur all over the place. When they work, they’re certainly very powerful but trading these without any other meaningful verification will very quickly deplete a trading account.

Some people will say “but they do work most of the time”.  This is simply not true and a hard pill to swallow if you trade them but you can show me five times where this or any pattern for that matter “worked” and I can show you ten times where they failed.  So what’s missing? How do you, or anyone know if a pattern is valid and worth trading? The answer is simple… Volume. Volume is the only real time analysis tool that will show you what is actually happening within the market at any given moment.  Just like patterns, volume too is not always enough as you will soon learn… To make it as a trader you need a comprehensive tool set capable of displaying signals and their meanings in a concise, easy to read manner right on your chart.  You also need a guiding hand from someone who knows why traders and more importantly trades, fail time and time again, and how to avoid many common trading mistakes without having to get a degree in rocket science.

“Volume is the only real time analysis tool that will show you what is really happening within the market at any given moment.”

Take a look at this example chart taken in real time after a specific Smart Volume Analysis Signal. (Please open this chart in a new tab/window and follow along with the text below):

Please note that example #1 on the chart is a typical pin bar and that it is also a valid Smart Upthrust which is printed as a blue bar in our Smart Volume Analysis Trading Software.  This would normally be an excellent place to open a long position as it is a strength signal and one of the best of our so called “catalyst” signals.  A catalyst signal is simply a Smart Volume Signal that typically precedes a very large movement in price.

If you saw this pattern and you normally trade pin bars you might have taken this trade.  If you only trade smart catalyst signals, you may also have taken this trade as well but notice point #2 on the example chart…  These are the various warnings that our software printed for this particular signal based on it location in the range and other factors.  Had you avoided this trade based on our Smart Advisor Warnings, you would have saved yourself from a loss of nearly 20 pips, possibly more as the bar had still not closed when the screenshot was taken.  Now look at example #3 on the chart.  See the huge move?  This is quite a different story from example #1.  This is the same chart, same timeframe and the exact same signal as example #1 but with one key distinction…  There  were no Smart Volume Analysis warnings on this trade.  This trade ended up being a 100+ pip winning trade had you taken it.  This is the true power of smart volume  analysis and clearly shows how adept our advisor module is at keeping you away from potentially losing trades.

Smart Volume Analysis shows you very quickly and effortlessly which patterns are valid, what their profit targets are thanks to our proprietary EOM concepts and module and the software even warns of potential dangers based on our research observable rules within the advisor module as shown in the above examples. That said I would add that while your percentage of winning trades will no doubt be much higher once applying our concepts and methods, we recognized that certain patterns needed additional scrutiny before a trade could be placed.  In  our own trading and the development of Smart Volume Analysis, we found time and time again even though the win rate was very high for our valid signals, there were times that they didn’t work. A pattern emerged and I was interested in identifying and cataloging these conditions so that I could avoid trades that would likely fail. Much of my initial research lead to our Dead Zone concept which improved our trading quite a bit on it’s own but that wasn’t enough. I found certain signals in a certain spot would almost never work no matter how good the signal was. These observations became the basis for what I trained many clients to look out for in the free live rooms but it’s difficult to remember these guidelines when following multiple charts. Many signals had different guidelines and we needed a way to easily report these right on the chart and in real time.  This is why our Smart Advisor Module was created. Every Smart Volume Analysis signal that appears is analysed instantly by Smart and the output if needed is available instantaneously on your chart based on our observations for that particular pattern (See example #2) . If there are no warnings, the trade is deemed safe and has a very high chance of working as expected and in hitting it’s EOM (Profit Target Levels).

As you would imagine, some warnings are stronger than others. Each warning and it’s meaning is detailed within the documentation site so that you can familiarize yourself with them and begin applying these guidelines to improve your trading in a very short time

For more information or if you have any questions about SMART Volume Analysis (SVA) and Smart Volume Spread Analysis (VSA) the methods, or our Software (Smart Trader) please visit the following link