Quote from lilduckling:
Isnât this just an super overly complicated illustration of price falling with volume also fallingâ¦
No, you can't read the graph nor the binary/decimal chart. Give it a rest, you are too far gone for this level of thinking. These both are illustrations of the P, V relationship with A/D added.
When price takes off either UP or DOWN, VOLUME is INCREASING. This is what in trading is called a BREAKOUT. ALL BREAKOUT trading whether long or short is done on increasing volume of the BREAKOUT.
Its over for you. you are screwed.
setting up a buy on the next pivot that is supported by volume??
LOL a pivot is in the middle of the run. You may want to read about the relationship of pivot points to support and resistance. Go read 20 posts by susanaDT where she says DO NOT trade a pattern IF IT IS ON THE WRONG SIDE OF THE PIVOT POINT WHERE THE S AND RCHANGE INTO THE OPPOSITE R OR S. But as she says be sure to NOT use volume in any way (she uses 10,000 bars...LOL)
And so if volume doesnât support price, you would not buy or may even fade a pivot or break outâ¦â¦.. Isnât it??
thank God you know how to post with precision. This came out of your mind and you used your fingers to type this and read it after you typed it. It's Sunday night we all have our hot lists done and loaded in Qcharts so we can follow unusual volume. Do you have a list for this week done??? No you don't. You are going to do freakout single element pivot point guesses.
Because thatâs what this looks like to meâ¦â¦. With a bunch of Christmas decorations added.
i use color for visual clarity and for getting short term memory to turn into long term memory by repetition. When you review your universe, you score it. You see 1's getting ready to be 0's. you see 0's. You type them on a hot list and put them three deep in the order in which they will fire in the next few days. volume fires and you have an hour 1/2 to buy before price lifts off or goes south depending upon sentiment and whether it is selected as a 4 to 3 potential move.
