Price/Volume Relationship

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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So what kind of trader pulls volume? Someone using volume to get a price change or someone using volume to get a price change?

Have you every seen price pulled? How did they do that?? LOL.
 
Quote from Albert Cibiades:

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 befoar wolume.
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For someone who cannot seem to grasp English all that well, you sure know how to work that Edit button. You've shown far more creativity with some of your other Sock Puppets, Hypostomus.

- Spydertrader
 
Quote from Albert Cibiades:

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.
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Quote from cd23:

It is interesting to note that Junk for Jesus has some subdivisions.

They include: Hard drives for Herod and Poker cards for Peter. The poker cards need to be destroyed because they can be back played to determine past users' strategies. John Netto told me this, personally.
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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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I look at volume from a Wyckoff point of view as well.
 
Hoo! Al make over 2000 lek today. Not even look volume. Yew seak puppet sock? Look CS23. Is dick puppet. Not start thread. Only comment. Whear Al rede that stile befour? Hoo!
 
Quote from cd23:

BigH

You may need to add some more precise coding or display capability to your set up.

At this point you are disadvanteged in several ways.

Unfortunately, you are seeing price movement from a poor vantage point.

You may not be superfitial in your understanding; I shall not assume that you are.

Why not afford yourself a closer look than you now recite.
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LOL. I like your style - it reminds me of someone....no, it's gone.

I spent some time explaining this to BogHog in the Chat room a few months ago. All he sees are price levels being hit which apparently brings in volume which was not motivated at previous price levels. Fair enough, that is observable.

But he seems to be blind to what is happening to create the move to the price level in the first place: the volume required to nudge price out of its unstable equilibrium.

Volume consumes supply, causes price change (in the direction that is consumed first) which begets more volume which causes further price change (momentum now) until it hits more supply than can be consumed (a wall). Who now has the weak hand? Watch out! Here we go again...
 
Al say three thing, then say no moar.

Furst thing Al say: Thank yew amareka! Al watch amareka TV on satalight, see unfomurseal "Huked on Fonix!", bye coarse, lurn spel bettur, now ET standunder Al!

Secund thing Al say: Al not standingunder price and wolume theeeorie. Al code most probabull wolume grobian:

wolume peek two bar urly
wolume peek one bar urly
wolume peek when price peek
wolume peek one bar late
wolume peek two bar late.

Al find price peek when want, not give plotz when wolume peek. Save Al much trubble, Al look only at price.

Thurd thing Al say. Al study Hershey hard. Is bekaws study Hershey hard. Al lurn too thing. Cuntinuation. Cheange. Not bad, two nuggett in plotz pile! Al find simpull messure. In currant bar. Al need no thing ellss. You look? You find!

Fowrth thing Al say, then Al gone. Postur make fool self. Poster leave ET. Postur miss ET. Postur think: Fool ET! Take nue name! Postur make same spell errur. Make same non sekwittur. Show same arrowgunce. Use same favurat wurd. New postur? Im-postur! I knot talk you, CD23. I talk sumwun else. Al gone!
 
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