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Cool. I think you're using the candle colors opposite how I do. Here it looks like red means the close was higher (bullish). I'm not changing my answer...it wants to rally. It is forming a penant, which (is supposed to) mean that it will jump one way or the other. Notice how the bottoms are...

I agree with what you're saying here. I feel I do have an edge, but I have to wait for certain situations to arise. And even then, I swing trade multiple positions so that diversification works in my favor. If you show me a chart and say "what's next", that's a way harder question than asking...

Fun. It looks like the purple candles correspond to high volume events. Wish the blue candles where white or red. Without giving too much away, you can figure out quite a bit based on what sequence of colors there are, and you're not providing colors at all, so I'll pretend I'm color blind...

No it's not. You just have to know how to do it. But few do.

Those charts are showing the full day, and the trading day is at an end. Based on the times, this looks like some kind of instrument that gets active at night. In prior days, the prices dropped, so my guess is they are short positions being closed out like clockwork. If history repeats itself...

I don't think the name of the trading instrument is as important so much as what class of movement it has. Some traders make money using volatile stocks (jet skis). Some make money using slow gentle rolling stocks (ocean tankers). I like the ocean tankers because political news and economic...

So true. I swing trade, so I find that it is best to look at it about 2 to 3 times as often as the time scale I'm using (daily). Otherwise I get fooled by the movement within each candle.

Cool...I nailed it. But I'm still not sure what you mean by an equal volume chart. Can't you just put the volumes in the chart? Makes them easier to predict.

Sometimes, you will see what I would call a "puff" of volume as people jump on the train for the ride up. So in a crash, you'll see the volume rising, then spiking, then the price will reverse, and then as the price rises, even though there is general concensus that the price should keep...

Cash Clay, You should think of Volume Level as the degree of disagreement among traders about price action. If the price is moving up and the volume is low, it means that there is little disagreement that the price should be moving up. If the price is moving up and volume is increasing, it...

Hey guys, I didn't really see a place for swing traders to post. But I'm looking for stocks that don't "turn on a dime". I'm looking for stocks that turn like a super tanker rather than a speed boat. It doesn't matter to me if they aren't incredibly profitable to trade...just as long as...

I think of volume as "market disagreement". When the volume is rising, it means that more and more people are in disagreement....some think the stock is a bargain, some think the stock is a good buy....so the sales speed up. For example, if the price of a stock rose one dollar today and the...

OK. You raise a good point about the zero sum game issue. It's like a situation where there are there is a comicbook show with five copies of a specific issue of comicbook worth $100. So the value of all of the comics in the room is $500. Someone comes in and buys one of them for a new...

In the spirit of cooperation and education, look at this chart: http://stockcharts.com/h-sc/ui?s=IBM&p=D&yr=0&mn=11&dy=30&id=p53421107378 Do the volume spikes correlate to violent price changes/reversals? Does the volume build-up seem to precipitate a turn-around? To me they do, though...

Can I jump in here and give my perspective of volume? :) Imagine comicbook conventions. At the convention, there are plenty of copies of a certain issue of Spiderman Issue #100. Say that the dealers kept lowering the price of them to sell them. As the price kept getting lower and lower...

Hey there! You should look into Swing Trading. Think of it like running your own mutual fund. If you don't use leverage, and you study hard, you can get better results than 12% a year. But you won't make more than a few trades a day at most if you're doing it right. Until you are a Zen...

Looking at a chart of PPC, it looks like July 1st all over again. It pops with a big volume spike (...the last one took two days instead of one...) and then it calms down, but still rises. If history repeats, it will drop back again to a well fitted moving average and then resume upward. I'd...

Ever fall in love more than once? :) Last time, it became moot because what I was doing suddenly stopped working. I think because I kept tweaking it. Last time I felt this way, the method I was using worked for about 2 weeks. I've had limited successes since then, but nothing earth...

If I understand your question, why not do both? Find a trend in a long time frame, then wait for price to drop below the mean in a shorter time frame and ride the price towards the mean of the short time frame and with the trend in the long time frame. And try not to do the opposite.

I've never reloaded my account. I don't use a lot of leverage....I buy stocks and leveraged ETFs outright. I've had drawdowns, but I'm a swing trader and I've done pretty well from the start. I focused on trades that were virtually 50/50 chance of success to begin with, and then tried to...