How to Trade Breakouts | The Volatility Contraction Pattern (VCP)

Is vcp only for long? That means vcp is never a good option for short right!

Hey Richard, thanks for sharing such great knowledge.

I had one question, once we have found the setup, do we wait till the daily close of the candle to confirm breakout and enter next day or dow we enter on intraday 1H timeframe itself on the same day?

good work and very good brillant work of the VCP pattern showing traders the secrets

Theoretically sounds good. But how to identify stocks

when do you move stops up to breakeven?

you are the best

now this is a great explanation of what a VCP is and how to trade it, thank you!

can algos be used to find these?

This is nice. Wondering can u have a vid with Tom Demark?

I find TT is good vcp setup now

Is it accontinution pattern

Favorite pattern

Nicely and concisely presented. Highly informative. Could have sworn I was listening to Mark himself! Blessings for a fortune to be made!

how can you scan for VCP?

Great explanation

Would this be still good in the forex setting, say hourly instead of daily

Thanks for great video bro

Nice work Richard!

❤️💪🏼

Thanks Brother

Hello Richard,
Great video!!! Thank you. Do we look in both weekly and daily chart for VCP pattern ? if yes, which is more significant

Use a 3d EMA, hide candles/bars on screen, and the patterns become obvious. VCP, cup and handles, etc.

Thank you Richard! Thank you TraderLion Team!

Thanks for your sharing!

Richard would you trade a vcp pattern thats coming out from a long term down trend but showing strengths and a good pattern even though its still below its 200ma?

Do u have any course that teaches from the beginning .I am a new trader

Can you plz tell me how did you set ur mouse pointer?

How to scan stocks for VCP

How to screen for such stocks?
I can't forever use a random scanner
Pls do tell.

No link to the book

A power packed video A great summary of VCP. Thanks for sharing 🙏

Thanks for making this video on VCP.. I was looking for some good info on VCP and fortunately I landed on this page... You have beautifully explained the concept.. I would say this 11 minutes video is very well planned...

Great video, thx. How to find stocks with VCP?

Excellent video, thanks!

Thanks，help me a lot，love it

Hello Richard, as always a great video from you. I have a question regarding how to catch a VCP breakout. I have in Tradingview the indicator "Volume Buzz 2.0". Which volume percentage over average is a entry point for you (10%, 20%, 50%...)? And do you use for accuracy a 30min or 1h chart when the markt opens? Thx

Oh forgot to ask if it works for a downtrend?

Just want to genuinely thx you for a summarized vcp explanation...still learn how the trade & practicing, so my question is how do I apply the Moving Averages & how to use the volume in the process

What will be the timeframe ??

Dear Richard, what do you think about If we can make a rule based approach for volume on last contraction? As far as I remember Minervini says on his book, to have volume on last contraction lower than 50 day average volume and 1-2 day really low volume almost minimum of entire base. Or do you suggest any other approach?

Great video Richard with very clear explanation of VCP. Q: How can I screen/scan for potential VCP stocks? What filters can I use?

Awesome video!

Excellent video! This is exactly how I like to trade!

Thanks for the video, always appreciate the work, very clear and simple. Do you know anyway for me a TradingView user to have the volume bar in different color when institutional buys in? Thanks

amazing video @Richard - need more such videos explaining strategies

Richard - I am having a hard time with my PP entries. Where do you place your buy order?
Do you try to anticipate and place it just under the PP?
Do you place a buy order just above the PP? and if so how far above?
Do you wait for a confirmed breakout and buy at the end of the day or early the next day?
I am having a hard time with this and was wondering what the best method is. If you would make a video on this it would be great. Thanks for all your great videos and education, they are much appreciated.

You're such a unique trader.. you respect and earn to everyone and everything

That failed VCP breakout looked like a perfect short entry. You have all the longs positions selling off to add momentum.

Great video but, how do you find this stocks? What parameters do basically look at the screener? Thanks

Great video