Fibonacci theory is bogus
Does speed of market/momentum actually matter?
- Thread starter iamnewuser911
- Start date
No. it has no bearing. Price can move with little volume or not move with bundles of volume.
How's this - I don't fuckin' care about "your theory".
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I see why you write that,Buy1Sell2. WHY?? Because plenty of uptrend$ + downtrend$ work on average , above av volume, below average volume. But i like it.
how do you fill a trade with open interest and volume 0?
this questioning is off topic .
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"everything in relation to price is reference point onto itself..."
.. main thing is money management when those reference points are telling you something. Its like a ball hurled into a zero G multifaceted box, that bounces from one face to the next, thats all price is... some of those 'faces' become transparent and ball goes through into another multifaceted box..adhering to some facets and not to others.
..some of those boxes are much larger and ball travels much longer and farther. The momentum its thrown into the box/speed/velocity gives it energy enough to break into other larger boxes.
.. main thing is money management when those reference points are telling you something. Its like a ball hurled into a zero G multifaceted box, that bounces from one face to the next, thats all price is... some of those 'faces' become transparent and ball goes through into another multifaceted box..adhering to some facets and not to others.
..some of those boxes are much larger and ball travels much longer and farther. The momentum its thrown into the box/speed/velocity gives it energy enough to break into other larger boxes.
it's relative to your statement. Without volume there are no trades. But you say volume is not helpful. Good luck on trading underlying with 0 volume.
your commentings are off topic with regard to volume analysis. Stop being obtuse and bellicose.
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You statement on volume is as relative as my statement. Seems like your missing the point. Or don't understand analysis or momentum trading, or both. FYI momentum trading has increased volume.