Price/Volume Relationship

Quote from NihabaAshi:

Some traders use volume and are consistently profitable.

Some traders don't use volume and are consistently profitable.

What's the debate about again?

Mark
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Its about the price volume relationship and how the relationship is used to continually refine the practical use of the relationship to become more profitable.

There are many things about participating in the financial industry that turn out to be counterintuitive.

There are some basics, too. Volume is an improtant raw data input that begins the monitoring and implimentation of trading strategies that are most advantageous.

I speak from an optimization point of view which is way beyond the consistently profitable level of skills. It has been well demonstrated that anyone who chooses can make money in markets. Using the raw data available is what makes optimization possible. Anyone doing optimization is required by reason to have to use the data which is available.
 
Quote from hcour:

As a Wyckoffian, vol is important some times, not so much at other times. You can have a legitimate breakout on low vol and wide spreads closing near the highs because of lack of supply at the top of a range, which may have been eaten slowly away. But what if that bo occurs on a long spread closing on the low, dropping back to the top of range? High or low vol, is that vol more important than the price action? In such a scenario, a bo on high vol may signify an upthrust, a kind of secondary trend climax after an initial trend climax, signifying a reversal. On low vol, it may just mean lack of demand. Either way, it is the price action that matters.

From Wyckoff's pov, price action is always first, vol second. And, just as w/price action, vol must be considered cumulatively. Say, following a bo, there is sideways action (little retracement) on narrow spreads but high vol. Well, the shallow retracement and narrow spreads are positive, but the high vol obviously suggests that things are not yet decided. So one may wait for an apex to form, where price action and spreads narrow and vol contracts, before taking a position.

Harold
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Take the opporutnity to try much harder. The first market action comes well before bo's.
 
Take the opporutnity to try much harder. The first market action comes well before bo's.
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Yes, that would be what I meant by trading-range, upthrust, and apex and the cumulative effect. Sorry if that wasn't clear to you.

H
 
Wyth all dew respekt, Spidurtradur

"2. Pulled orders (Volume) being removed from the queue"

constritute a price chaenge, not a wolume chaenge. Ergot, price lede wolume for that cuntdition. Gud english do not gud logic maek.
 
CD23 I thinking we knowing other each. You saying

"The first market action comes well before bo's."

I saying, yes, but until the breaking out, is range bound, and trader is trading range bound rule. You siting Achelass, I siting Davass.
 
Quote from Albert Cibiades:

Wyth all dew respekt, Spidurtradur

"2. Pulled orders (Volume) being removed from the queue"

constritute a price chaenge, not a wolume chaenge. Ergot, price lede wolume for that cuntdition. Gud english do not gud logic maek.
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What?
 
Is trading spider is drunk. Persons pulling order are putting order at other price, so is price change. Your thyme and sayle show pull order as wolume?

Hole diskussion miss point. As Hershey say, all count is cuntueashun and chaenge. Event at insyde market disrelevunt.
 
Quote from Albert Cibiades:

Your thyme and sayle show pull order as wolume?
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Actually, my time and sales does show Volume changes on the Best Bid / Best Ask pair. Doesn't yours?

- Spydertrader
 
Trading spider play langurage game Al. Wolume is share transact at sertan price. No price, no wolume. Try not confuse theeology with trading. Is reason all say "price and wolume". Is bekaws price allways come befour wolume. You see defallt thyme and sails chart list wolume befour price?
 
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