How to read this VOLUME chart ?

[destriero]

all 2-tick trades with no losers...$2.58/contract "all in" commish (no chart or additional CME datea fees). Average time in trade <1minute. Started today with $1,500.00 start balance...lol in ES FUTURES!!!!

ES

View attachment 189766

Do you ever trade real money? Again crowing about sim-gains? Amazeballs 11%. Now WTF does this have to do with this thread?

 

[ElectricSavant]

I do not need to look at the news anymore...I can even know how busy it will be today by looking at Volume. I can trade right up to the halt and the close from 9:30AM (est).

HOWEVER.....I am looking for a secondary system to trade on slower days and at night.

ElectricWillFireUpSixMonitorsThatAreinTheGarageifheHastoSavant

 

[CSEtrader]

The trader that trades just volume made 3k last week. I need a few more hundred hours and trade more than one contract to beat him.

ES

Good luck! You will!

 

[padutrader]

I believe that these volume people may have something in what they are saying but there are easier ways to read the market then trying to look at volume and bar by bar relationships.

bar by bar means your target is 2 bars away....it is a great way to scalp.
i think we as traders have to go with what makes sense at the moment: sometimes momentum makes sense, sometimes market structure makes sense, like if the market is in a channel, and sometimes volume makes sense,4-5 bars where the market and volume is contradicting each other:i think getting stuck in one aspect of the market is suicidal.

 

[El OchoCinco]

at$2.58/contract "all in" commish (

You can get better rates at Tos or IB.

 

[ElectricSavant]

How is that? I do not pay any commish..Those are pass trough fees...Exchange, nfa...etc. My only commish is $199.00/mo,

ES

You can get better rates at Tos or IB.

 

[El OchoCinco]

Won one more...all 2-tick trades with no losers at$2.58/contract "all in" commish

You just wrote the commission above

 

[ElectricSavant]

It say "all in" but your quote does not...

You just wrote the commission above

 

[El OchoCinco]

Is that $2.58/contract per side or for a round trip?
Even ToS is $2.50 per contract all in. So just wondering.

 

[ElectricSavant]

$2.58 /RT "all in". No chart fees...$500/day margin, $5.00/mo CME data fees if you want DOM. $2.00/mo. if you do not want DOM.

PLUS

$199.00/mo

If you do not want to pay the $199.00 pre-paid for a year then $249.00/MO. month-to-month.

The only way I can save money is to negotiate the $199.00/mo or lease a seat.

ES

Is that $2.58/contract per side or for a round trip?
Even ToS is $2.50 per contract all in. So just wondering.