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  1. P

    How to read this VOLUME chart ?

    as long as my dog is with me i do not care!
  2. P

    How to read this VOLUME chart ?

    no do not have more than 10 usd
  3. P

    How to read this VOLUME chart ?

    i appreciate your point of view which may well be right.....it may be a difficult way to trade
  4. P

    How to read this VOLUME chart ?

    this thread is getting really interesting but guys the idea is to make money....not a doctorate
  5. P

    How to read this VOLUME chart ?

    i am using Tom Williams methodology or trying to: it will take some time. but it is Tom's baby
  6. P

    How to read this VOLUME chart ?

    trading is and always will be a work in progress
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    How to read this VOLUME chart ?

    in one word...yes in two words yes yes watch it live.....but it does confirm price more often than not... and as the trend matures, it does not take a genius to say that the trend will weaken...but it will continue....as long as the countertrend players keep getting killed/sacrified at the...
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    How to read this VOLUME chart ?

    perhaps ....if you can read price action you do not need anything else..but what happens to the less talented folks?
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    How to read this VOLUME chart ?

    volume has it's place in the analysis but very often the volume signal is over ruled by momentum especially when the trend is strong and like everything else in technical analysis has to be put in context. do not forget volume like momentum or trendlines is relative and low volume may get even...
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    How to read this VOLUME chart ?

    funnily enough i see no difference see my chart the bar which is marked with yellow arrow and the volume for that bar is indicated with yellow arrow happens to be the lowest volume in the last 10 bars:this is called a test and is a strong buy signal. Why? for that you have to read Tom Williams...
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    How to read this VOLUME chart ?

    nothing is as simple as that:you have to co relate the amount of volume to the range or spread of the bar.if there is high volume but no movement of price then that move will go in the other direction. but you have study the basics first..learn the abcd... and then try to make sense out of the...
  12. P

    How to read this VOLUME chart ?

    or even volume trend lines, data reports or indeed, anything else: a multi dimensional,balanced, view is essential
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    How to read this VOLUME chart ?

    you have to understand what role each facet of the market plays and it's importance and place in the larger scheme of things:laying too much and wrong emphasis on any one thing be it ellliot waves ,momentum, any indicators or fib, is injurious to your trading health.
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    How to read this VOLUME chart ?

    you should not take notice of volume all the time, according to Tom Williams but see or focus on volume as the markets breaks support or resistance levels or breaks into 'new ground'. there are a lot of finer points which have to be digested and that takes time patience and market experience...
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    How to read this VOLUME chart ?

    true..i did give a chart or two....but what took me ten years to understand i cannot explain to you in few minutes my apologies
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    How to read this VOLUME chart ?

    if big boys are not interested it may continue but not for long.....you cannot catch the bottom or top so you just have to live with a drawdown for a while:if you put a tight stop it will trigger and you have to reenter maybe 2-3 times.these factors may be called problems but i call them facts...
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    How to read this VOLUME chart ?

    yes so you search for other clues: in momentum etc trading cannot, much as we like, be done by a formula. unfortunately the market can turn on a dime while we take much longer to change our opinion
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    How to read this VOLUME chart ?

    volume does lead price but how much move are you going to get, is up to other factors such as the longer term trend, nearest support resistance....just because volume is high does not necessarily mean a 100 tick move will come
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    How to read this VOLUME chart ?

    this happened
  20. P

    How to read this VOLUME chart ?

    here is a chart that shows very high volume over 5-6 bars but not much movement in price though you can see a higher low which is an added hint. what do you think happened?
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