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Well on my very first post here I described how an ongoing tug of war is going on between patient buyers and patient sellers at all times in the market, and how reading volume properly can set up high probability zones to trade in over and over again. I discussed how price will seek out the...

12:00 CST But heres what happens..Price moves down and does not bring in more volume. This tells us there is high probability that price is not going on sale just yet, and sets up a good short term buy...

11:30 CST Price at the highs of the day, are "not generating sales." In a dual auction market, this means those wanting to sell are now way above this area. Therefore, if they remain patient, price goes much higher.. If they cant get their price, they will grow anxious, and price goes much...

07-16-2008- Pre-Open comments- 7:45 am- Price =1213.00 Well we have the CPI out of the way (Biggest rise since 1982), so now the market can continue on its logical path. Our early trend is still down in line with the sell off at the end of the day yesterday. It is also nice that my big...

Doli, Every significant rally or decline will have high volume relative to the timeframe in question. I can further state that the most significant price moves that develop up or down, have one participant (buyer/seller) very patient, while the other paticiapnt is very anxious at the same...

07-15-08- Follow up I figured Id at least complete the day I started The gap down started us out short as described above, and there were some nice short trades. Again, when price is heading down, there are only two conservative ways to consider longs according to the bigger picture...

Billy, I have never been dishonest because I have clearly stated I have put this information into a complete trading method for anyone who is interested. On one hand I’m trying to put out legitimate, helpful information here on this site, and about the method for “free.” Perhaps you...

Prof Looks like we may be viewing big picture stuff very similarly..I just have to get used to some of your terminology lol...but glad that what Im saying here makes some kind of sense to someone...

07-15-08 Mid day I mentioned looking at the most conservative place to look to buy this market- a break above consolidation higher, or a move lower with either patient buyers drying up, or patient sellers halting the decline. Price moved down and the patient sellers halted the decline...

9:30 CST The Patient Sellers have halted the down move. This doesnt mean price will zoom up from here, or wont re-test the lows(likely will). But it definetley changes the short term developments in the market, and if the lows are tested it will be very important to see if this happsns on...

07-15-2008- Pre-Open comments- 7:00 am- Price =1215.00 A big gap down below the latest 1234-1225 bracket. This overnight activity is signaling only the short side to start, and as stated in a recent post the safest way to even consider being long now, if is lower price from here dries up...

Track Record - I have received a few inquires regarding my Track Record Results. I know this forum is desgined for discussion, education, etc so Ill keep it at that, but yes, I have taken the Big Picture and Volume information I mention here, and developed a complete EMC2 trading approach which...

Where do we go from here? - I wanted to show how from a big picture standpoint, the ES is once again showing another consolidation in the macro downtrend. The last two consolidations were pointed out in an earlier post, and I described had one should look at any consolidation breakout up as a...

07-14-08- Follow up We started the day right at the top of a 1255-1240 bracket, and price moved straight down to bracket bottom where the patient buyers dried up. When we see drying up in an area, we know will move strongly away from this area. The patient buyers way below won the tug of...

Thunder, Again, good questions. Here is what this has all done for me. I now have a pretty mechanical way to define my trading sets up that flow in order from 8:30-3:15. I would say it averages between 15-20 setups a day in the time frames I am using. Also, just to mention, I am not...

Fearless, I just put the horizontal lines quickly on the chart, and just so you know I personally look at all brackets and pivot points and trend lines as areas, not exact points. Price is always probing these spots, and accepting or rejecting them in different ways But where it says...

Remember, for me, big picture and Volume are separate from the way I look to execute trades....they confirm my setups, or not. That said, I whoile heartedly agree, that from an execution point I want to always get in ahead of the large orders exactly as you say. I can never, and will never...

Well at this point we each have no idea how the other detemines a trade setup but I can see we are both trading in the direction of trend in our main timeframe, and perhaps do it in a very similar ways But here is a quick example of todays chart again.. I was taking short trades until volume...

Prof This is the exactly main point I am trying to discuss here, how the bigger picture can be of great help in the day trading arena, and however you choose to do it, you should put your trading timeframe into a higher, bigger picture context, which can be of great help with your decsions...

T 182 I use the Volume Ratio study to plot my readings of up and down volume.