Does speed of market/momentum actually matter?

[themickey]

I don't care about fx. You should have qualified your comment with your underlying. But you didn't. That's what lead to my error, you stupid jerk! I admit my error based on your exclusion. Now admit yours you sob or shut the fuck up!

Mate, I'm following this thread along and realise you are a typical ET obnoxious argumentative jerk. Bye for now because I for one don't wish to read your rubbish. On ignore.

 

[viruscore1]

Mate, I'm following this thread along and realise you are a typical ET obnoxious argumentative jerk. Bye for now because I for one don't wish to read your rubbish. On ignore.

Typical fx trader, name calling and all. Your type give traders a bad rap.

 

[fxkool]

For futures volume is not as important - for equities it is extremely important - it is the only thing out there that leads price.

No. it has no bearing. Price can move with little volume or not move with bundles of volume.

 

[themickey]

No. it has no bearing. Price can move with little volume or not move with bundles of volume.

I've watched / studied volume for some years and as a longer term trader have come to this concludion. For EOD charts, volume has limited applications. I usually just want to know about abnormally high vol spikes and times of very low volume areas.
Intraday, again spikes is all I care about.
Looking at volume which is just average range, it tells me absolutely nothing and has zero ability to mean anything for me.