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It is just a variation on T&S ie number of contracts traded on the bid or ask

Here is an example of volume. My indicator shows a possible unwinding of the down trend on 10.07 bar. Volume is showing a healthy 4846 contracts shorts =3892, longs=954 At 10.08 the shorts retain control with 743 contracts at 76.50 against the longs 9 at the same price. Despite this...

A weak attempt at humor since we are both in the Americas

Excellent comment 4re ... if you can visualize it, you can trade it. It took me years to see it. Even though intellectually I knew that volume had to be important I could not see how it fitted into my trading. Did I read somewhere that you are in Texas. That being the case we are practically...

I thought that I would follow through with a few more ramblings about volume because it took me years to figure it out and I use it to enter and exit once I have established the likely tipping points of the ES by other means. I prefer not to discuss my software, my account, my broker etc, since...

Top of the day to you 4re. I agree. When price is compressed into a narrow range, volume drops off and the average strike size drops then something is about to happen. In fact it cannot not happen since none of us make money when we are flat and so volume must return to the ES. On the...

Hi JJ, Happy 4th to you, hope you have an enjoyable day. The volume I am refering to in the quote above is the volume that allows you to trade a large number of contracts with each order placed. ie If you are trading 100 contracts per entry, you may decide to break this down into multiple...

BT Strader, Why do you want to trade Fx? Have you considered CME IMM´s

I have read 5Pillars and I will not comment on a fellow Trader. R & Wr can equal Right or Wrong, but as far as I am concerned it equals Rich or Wretched. I am selling into the buying traffic and buying into the selling traffic and so I will leave it to you to figure out my slippage and most...

You may want to run 2 accounts with your Broker and then balance them as required. ie Break - long; Break-short

Nothing clever I am afraid. I trade the open most days and trade in couples ie I take half my position of the table after 4 or 5 points and let the other half roll along and usually exit on a spike. My target is 10 handles per session per couple or 11.30 am exit. Entry is simple, I just watch...

You boys are running a very good ES thread here ..congratulations to you. Any newbie to ES could learn to trade from following your advice and thoughtful comments. I normally just scan ES threads when the price is flat but on this occassion I am prompted to speak out. I remember another...

Just keep your eye on 66.75

Rubbish ....you are either frustrated or fishing.

Do you have a colour preference or will any rooster do.

That the human race is driven by emotion has been demonstrated too often over time not to be an analytical fact And so you have a certain group of people who will feel ( not that I used the word "feel") that they are too logical to think emotionally. And then you have a group of people who...

My primary Server has had major problems and shut down yesterday. This morning they are back up and running but access to the web is slow and shakey. However my trading platform feed ( when using the same server) is rock solid and so this immediately tells me that I have no idea what is...

This one will make you richer than Bill Gates. When the low of the day preceeds the high of the day, then go long at the low and take profits at the high.

Brooks I can show you how to trade. Infact I can show you the entire package from financial vehicle to broker, order entry, take profit exits, tax issues ... the entire ball of wax. It has only consumed every waking hour of my life for 9 years to throw this little package together. Now...

I am looking for a simple EOD chart for ES. It doesnt need bells or whistles, I simply want to see the shape of the day. I have a dtn IQ feed. Any bright ideas?