For some reason volume is very light tonight. ES last night @ 8:00pm 16,029 tonight 8,190 or almost half!!
The night is young. But yes, volume is light in the summer. Price action never is, though. Give it time.
For some reason volume is very light tonight. ES last night @ 8:00pm 16,029 tonight 8,190 or almost half!!
Last night wasn't winter.The night is young. But yes, volume is light in the summer. Price action never is, though. Give it time.
If you knew how long I have been at this, I think you would conclude that it needs to be spelled out.You sound like a woman communicating in their secret language... never quite spelling it out! hahahaha...
But fair enough... looking forward to the next chat!
Here's a screenshot, which I had to squeezed down to get close to a full day. Cyan is increasing vol vs 21 day avg vol, magenta decreasing. And above histogram (although you can't make it out - green and red plus (+) signs for volume that 125% or greater than 21 day avg:-
View attachment 288498
Last night wasn't winter.
TradeStation, free code available on our forum.How do you do this, is this a custom script or a built in indicator in your software (and if so, what is the software?)
I'm listening.... (or rather... reading!)Listen you little snot.
You said volume was light because of it being summer. Weeeel it was summer last night as well and that is what I was comparing tonight with.Who said last night was winter?
I'm listening.... (or rather... reading!)
Just saying that women are shitty communicators because they never communicate overtly, but rather, subtly. Direct is more effective, except with women I guess where being vague and cryptic servers their purposes better, like taking shit back later and saying stuff like "that isn't what I meant". But heaven forbid they actually say what they mean. LOL
So low volume means an algo is more likely able to pull of a sweep of the orderbook? But you still gotta get the direction right and have your targets in place to hit because the opportunity won't last long.For some reason volume is very light tonight. ES last night @ 8:00pm 16,029 tonight 8,190 or almost half!!
Then bam 6 point drop @ 8:01pm