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Thunder Very good question. Here are the ways this type of volume analysis helps me in actual day trading. Since I primaraly look to trade with the trend with a faily nmechanical way of generating setups, I will only take these setups if my bigger picture volume analysis and structure...

Fearless, Of course you are right relative to the timeframe you are looking at (Trend down- price will go lower till it doesnt), but here is the subtle difference.....I saw volume dry up at the bottom of bracket, therefore I was "expecting" a big move from initiating from this area. This...

11:00 CST Ok, so here is a follwup post an hour later.. We knew pateint buyers dried up in the 1240 area, and price needed to go much higher or lower. It broke lower, and a proper trading plan, coupled with this volume analysis, would have signaled higher probabaility short trades because...

Thunder I agree with you in the sense I that I have never used volume in a tape reading sense at all, and it can certainly be much more of a distraction than anything else. I mean I can see when Im in a long trade and price is breaking through highs, how often there are thousands of...

Prof As you mention, I have taken time the time variable out of my trading equation because of the effective nature of price slowing down or speeding up according to volume (Im ready for the bashing from the cycle users out there..lol, but seriously, I think there is soemthng to cycles, and...

7-14-08 10:00am CST Here is just a quick update realtime for what is taking place in the market. The 1255-1240 bracket was identfied yesterday...You can see how price has moved from one end of this bracket to the other so far this morning. This alone could have helped you with certain...

Thunder. I use the ES 5-minute chart spread out over several days for my bigger picture views, with only day-session data, cause I like to see how the gaps fall into the bigger structure picture. Then, for trading decisions I look at 3 timeframes together, each stepping up about 5x from...

Batterup. (1) I will tell you one reason there are so many who have a hard time with trading, including myself early on...They do not have a detailed trading plan, that is simple enough, and proven enough, to provide them with the confidence to stick with the plan over and over again. I feel...

BatterUp Well since the language in this post sounded familiar, I went back to find this is another one of your names, but again, heres the funny thing....I am obviously new to this board, but I kind of like you! I have read through many of your posts now, using both names, and it is clear...

Womb, Thanks for the thx...As I tried to state in my first post, I do feel I have some information that can be of help to others from my own little perspective of things, and Im sure others here have great information to offer as well. I don't claim that the way I look to trade is any type...

More than happy to explain the way I look at this further. No I am not saying the buyers passively halt the upmove by not acting...In fact it is exactly the opposite. If price is moving up, this means for the time being the patient sellers are winning the tug of war with the patient buyers...

ProfL, First, I want to repeat, I consider myself to be just one of the many "small traders" out there that has figured out some things over time. I am not well versed on exactly how large institutions trade, but Im wondering if they are trying to apply market profile concepts in some way...

First, of all Im going to have to start out by agreeing with you (no it doesn't pain me to do that) In the end, I too believe you have to keep trading as simple as possible, play the odds, and have the discipline to carry out something very simple, consistent, and basic.. This is exactly the...

This is exactly the way I put volume to use, and let me give an example of how "volume telling me what has happened" set up trades for me on Friday in the ES. Clearly the market was pushing lower early.. For my purposes, and in the timeframe I trade, a market will continue to push lower...

Well, to be called a clown right off the bat is probably a bit harsh, but that's fine, because you have every right to comment and a criticize as you see fit. I think it would have been alittle bit more fair to consider that maybe I use Volume and Big Picture analysis in a very effective way...

07-14-08 Here is how the Big Picture and Volume come together, and how it helps with watching developments for the next trading day. There was a very big rally during the afternoon on Friday, and we can see by volume analysis how the patient buyers, stepped in and halted the upmove...

I apologize that this is a duplicate of a thread with the same name...This one didnt go thru originally, so I created another, and Ill try to have Elite delete this one...I plan to post and update to the other thread.....

You bring up a very good point and one I havent fully considered before- there is no doubt there is tremendous volatility, and perhaps in large part for the reason you are pointing out. The thing is, I find this volatility very helpful for the trading plan I implement, and whether the market...

THE BIG PICTURE I always recommend zooming out your charts to get a feel for what is going on in the big picture – at least several timeframes beyond your trading timeframe. Trades with the macro trend, that develop off key big picture highs and lows, or after logical pullback to swing...

Bdon At some Im sure I will express my thoughts on how trading is nothing more than a probability game. Nothing is more important than price action, but volume viewed the right way, along with the bigger picture of price action, can in my opinion, definetly shift the odds in your favor with...