Does volume matter?

comagnum said:
Only volume precedes price, it's never the other way around.
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You are an experienced hand at this. If you would post a few screenshot examples, especially from charts you use (less any special sauce that you want to keep close to the vest) that would be helpful.
 
maxinger said:
That's why don't use time based candlesticks. It is time consuming.
a lot of very precious time will be lost looking at price and volume bars.

Use volume based candlesticks.
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whats a time chart ? oh, yeah, thats the thing old people use
 
trader1974 said:
If what matters is the movement of the price to make money or lose money, why look at the volume?
Do they find you any use in short-term operations?
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The volume plays a very salient role sometimes due to high volume one can also face slippage while trading.
 
trader1974 said:
volume bar charts.
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Yes, i trade volume bar charts from time to time, and range bars as well. You should too.
What numbers work for you to approximate a one minute on ym say between 9:45 and 10?
In other words what volume number(s) do you use / plug into the chart(s) between 9:45 and 10?
 
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trader1974 said:
If what matters is the movement of the price to make money or lose money, why look at the volume?
Do they find you any use in short-term operations?
More...

Focusing on price and getting it right and trade management 4 hours per day is challenging enough.
I tried adding a volume indicator as an extra confirmation "price was getting ready to move in my favor"

The volume indicator was too much work.

Tick, Time, Range bars, Volume bars, its all the same thing. You still have to pick a stop loss and profit target per trade. It does not matter.

I like time bars, because it gives me time (e.g., 3 minutes) to make a trading decision.
 
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