Trading commodities using Volume Spread Analysis

[tyndni]

thanks so much gavin :) i love your commodities videos :)

[OfficialTribe]

The trend diamonds didn't turn red until silver hit it's low. Other videos Gavin says he doesn't trade against the diamonds..ah hindsight analysis lol.

[TradeGuider]

This is why you use multiple time frames, because on the 15 minute, 60 minute and 240 minute charts all the diamonds were red so it gave an excellent entry the day after the daily No Demand bar, I will try and show an intraday silver set up next week, hope that helps clarify.

[goodcat1982]

@OfficialTribe. Well it's kind of different when it comes to daily charts. On an intraday basis where things are moving much quicker, it's more appropriate to trade with the trend. On a daily chart it's ok to act a bit sooner providing the sequence is there and it all seems to "make sense." You will only get that feeling once you are an experienced and accomplished trader. No demand at a market top is begging for a short. Exceptions like this are fine.

[goodcat1982]

@goodcat1982.and just to add to that, if you were to wait for red diamonds and red bars to confirm the down trend as Gavin mentions in other videos, there was a fantastic opportunity around the 10th of May where you had No Demand with red diamonds and red bars to confirm. It went from around $38 down to $32.5 in 2 days.. A FANTASTIC trade in itself wether you missed the previous down move or not. Happy trading.

[biker55555]

Thank you very much Gavin, once again! You have done quite a few topping videos, please consider doing a few bottoming. I know most of it is simply in reverse, but want to hear from you :)