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Thank you. Please take this in the spirit of constructive discussion, not argument, but when you go to their Pivot Point Calculator (http://www.mypivots.com/calculators/pivot-point-calculator.aspx); type in the OHLC, then change the formula set to Classic or to Woodies, you get very different...

Hi. First, I want to thank you for such a superb and profitable service you offer with your daily SR levels. I have a question though... why is it that your Woodies pivot levels are consistently the SAME as your Standard pivot levels. As the calculations and logic are different, why are...

When you say 'collect data sets', you mean 'group together significant volatility sets'? As on your ATR example provided? In stocks one would be looking for divergence (or anomalies) between volume and spread, but that doesn't really happen with volatility, does it? So how do you determine...

1. Increased effort to buy or sell finding increased willingness to sell or buy. 2. Expansion or contraction cause price movement. They are price movement. 3. By mapping the outer limits of like-level intervals on the supply side and the demand side, to create a visual channel - volatility...

NihabaAshi and Mr_Black, thanks, OK, now we're getting to it. So where (please) do I go to acquire this knowledge? Mr Black — it's your thang right now... how did you start your learning process? The lines on your example seem very similar to supply/demand lines on stock PV analyses...

Then the plot thickens... thank you. So this might be turning into one of the most valuable discussions I've had regarding the vehicle I have chosen to trade. If it doesn't irritate anyone here too much, I'd like to explore further the issues dunleggin has raised?

Thank you both, yes, I did mean, in the absence of useable volume data (as established by this thread), can the same notions of S/R, supply/demand, markup/down, accumulation/distribution be applied to the discipline of correctly reading a Forex price chart? Does Forex 'professional money'...

fwiw, MultiCharts have responded to my question about the absence of Volume data in their chart platform with an honest answer that exactly matches the wisdom I've found in this thread: "As it is, there is no volume associated with forex. In future, we are going to have volume synthetically...

Wow. I'm SO glad I asked this question... thank you one and all for taking the time to clarify this. Not least because it exposes (hopefully to more individuals than just me) that the 'volume'-based strategies, indicators and signals that DO currently exist in platforms like MT4 are just toys...

...but surely tick change per bar IS volume, isn't it? More tick activity = more participation = more orders = more money flow? It's a proxy form of Volume compared to contracts, but volume nevertheless, surely? And something that might be factored in in the same manner to a PV...

Honestly, I wouldn't know where to start...

I second that. Anyone out there with a take on this from a seasoned FX trader's perspective? If "supply and demand... manifests itself in price action", then are the procedures for learning how to interpret their current 'state' in a live Forex price chart the same as those used by observers...

The fog begins to clear... thank you. Ok, so onwards and upwards in the pursuit of Supply & Demand wisdom... I'm currently absorbing dbphoenix's excellent PDFs on S&D from a 2004 ET thread. I'll finish Tom William's book and go hunting for the work of anyone who has addressed the subject...

If you guys will humor me, I'd really like to get to the bottom of this :-)

As I thought — that was the deduction I've gleaned from all these threads here and elsewhere. So what is the Forex's equivalent of Volume or am I simply barking up the wrong 300ft Redwood... i'm not trying to justify the application of Volume as a supreme TA necessity, just trying to...

For sure, and thank you Chuck, but isn't volume data an intrinsic component of determining Supply and Demand? Depending on whose threads you read, Volume (looked at in relation to price and spread) does rather get cited as being the 'footprint' left behind by "professional money"... no...

Hi. I'm new to ET, but have read all I can find on the subject of Price/Volume relationship in the long threads here... I KNOW that a) this might not be the right ET department to be asking a Forex question and b) that I'm not operating at the levels of a dbphoenix (for whose wisdom and time...

Thank you Mark, will do :-) I assumed this couldn't be the only discussion (battle) available...

Do you work on a specific TF, and when you say "up", do you mean on a per-bar basis, or a trend-basis? Many thanks.

I've just read all 40 pages of this thread in one sitting — my embryonic trading mind is fried and spinning. At the beginning of reading I was sure and hopeful that I was going to finish wiser. I have come away with a sense of the importance of the PV relationship, but no real direction as...