Thank you, kind Ehorn. Then "volatility" is the peak to trough measure of the move? Might also some clever personage knowledged in X-L not cremate three-distentional plots of said datae? Joe Doakus might be preswayded to do so.
A Price and Volume Curiosity
- Thread starter Rahula Gautama
- Start date
Indeed, Spider-Who-Trades, if one simply wanted that airplane to turn around and face the other way, flying around the world to do so was a waste of fuel. You cannot argue that the swings inside that five minute bar were tradeable. That is true only on MY one-minute timeframe.
The market signals change before, during and after the peak of our set bar interval. However, the market did not set this time interval. The trader did. Surely, you've seen such Intra-Bar shifts in sentiment - even on the one minute time frame. And yes, such Intra-Bar shifts do allow for a trader to trade within the five minute bar. Changes which become clearly visable on a faster fractal leave 'clues' on the slower fractals (e.g. Watch an ES Five Minute Price bar interact with a DOM Wall).
- Spydertrader
Our difference of opinion is as follows. I live in a binary decision theory world. You and SCT do not. To me, either volume pushes tradeable price, or it does not. I do not have multiple choices in trading. I am long or I am out. I am short or I am out. Out being what I have to do first if I choose to reverse. I do not have four different paces with two range limits, just one binary threshold where volume is tradeable or it is not. I do not have a line which price might or might not get to, or might even exceed. I have a succession of S or R targets, and at each the result is binary. Price reversed or it didn't. My simple mind reels at the complexities of SCT.
Multiple choice?
One is either trading with the trend or one is not.
Sure looks binary to me.
You are much smarter than this.
- Spydertrader
01010110 01101111 01101100 01110101 01101101 01100101 00100000 01001100 01101001 01100101 01110011 00101110 00100000 01010100 01101000 01100101 00100000 01000101 01101110 01100100 00101110
Righto. So I am stupid. Why are the totals in the rightmost column all 161? Curry saps the brain but strengthens the asshole.
My comments on this Mr. Rahu:
"If volume pushes price like our fat women push the plow in our sacred fields, how can there be tens of thousands of shares traded with no change in price?"
Do the following experiment and than talk to me. Wear your sneakers so you can jog. Go next to a traffic intersection.
Locate a traffic queue. Go to the end of queue, where traffic is arriving and then some traffic (in front) is either in stop or moving slowing.
That line that separates the traffic already there and the new traffic will move backward (and sometimes forward), or even will
not move at all.
Now run with that line of demarcation. You will see that sometimes you will run upstream, sometimes downstream, sometimes you will stand still.
That is similar to what a stock price does!
If you like the analogy, PM me. There is more serious and scientific stuff to it.
"If volume pushes price like our fat women push the plow in our sacred fields, how can there be tens of thousands of shares traded with no change in price?"
Do the following experiment and than talk to me. Wear your sneakers so you can jog. Go next to a traffic intersection.
Locate a traffic queue. Go to the end of queue, where traffic is arriving and then some traffic (in front) is either in stop or moving slowing.
That line that separates the traffic already there and the new traffic will move backward (and sometimes forward), or even will
not move at all.
Now run with that line of demarcation. You will see that sometimes you will run upstream, sometimes downstream, sometimes you will stand still.
That is similar to what a stock price does!
If you like the analogy, PM me. There is more serious and scientific stuff to it.