Analysis scenarios from 10 June 19
Volume analysis in intraday trading
- Thread starter Volfixtrader
- Start date
Scenarios on Tuesday 11 June.
Aggressive long means buying when you have good opportunities from any good points.
Long means opening when price rebounded from noticed levels.
Aggressive long means buying when you have good opportunities from any good points.
Long means opening when price rebounded from noticed levels.
fake volume. the exchange doesn't tell you who is buying it or selling it
ie, market maker, professional, individual... 95% is mostly market makers and funds trading with each other to create commissions for their book.
you can make a tonne of money just off commissions known as wash trading to create commissions from clients accounts. full service firms and brokers charge $100 commissions. one way.
ie, market maker, professional, individual... 95% is mostly market makers and funds trading with each other to create commissions for their book.
you can make a tonne of money just off commissions known as wash trading to create commissions from clients accounts. full service firms and brokers charge $100 commissions. one way.
Decades ago, I used to predict the market and trade this way.
You can call this lazy trading approach (aka guaranteed failure approach) where you analyse the chart few minutes a day,
place the order then go away.
some of my hopeless trading coaches who were unsuccessful traders taught us this method.
In fact, if you google for trading signals, you can see many 'experts' who provide
such information.
I have change thie lazy trading approach to hardworking, reactive, non predictive approach
where I glue my backside to the chair, and my eyes to the screen for many many hours and wait patiently for signals.
Whether you want to spend few minutes a day analysing chart,
or glue yourself to the chair/screen for many many hours is up to you.
There is simply no short cut if we want to reach financial freedom.
You can call this lazy trading approach (aka guaranteed failure approach) where you analyse the chart few minutes a day,
place the order then go away.
some of my hopeless trading coaches who were unsuccessful traders taught us this method.
In fact, if you google for trading signals, you can see many 'experts' who provide
such information.
I have change thie lazy trading approach to hardworking, reactive, non predictive approach
where I glue my backside to the chair, and my eyes to the screen for many many hours and wait patiently for signals.
Whether you want to spend few minutes a day analysing chart,
or glue yourself to the chair/screen for many many hours is up to you.
There is simply no short cut if we want to reach financial freedom.
Last edited:
Thank you for feedback. But I don't use this approach like place an order and forgot about it. Its definition of a) possible instrument for trading for the current day; b) choosing direction c) choosing important levels. It's just a scenarios, but realization of scenarios it's the second part. And sometime more difficult. But I guess that having plan for trading it's much better than to trade using intuition.
WIND-UP THREAD
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OK; when we get to something like in AUG , 2016 or SEPT;i may check it out LOL. BUT on my hi volume charts that kind of volume gets in the way of my charts when i print them.I could change the colors on volume+ solve that - i may do it in SEPT.......................................
, You are right that Exchanged don't tell us about sides, morewer in each trade always present buyers and sellers. Using futures trading mostly you can cover your commission if you have 1 tick in your direction. But volumes not a fake. These volumes broadcast Exchanges and you can see how many trades/lots/volumes were traded for particular time. Analysis of reaction , trend and other infromation might give you advntages.
You might be right. I also don't use vertical histograms of volumes. I prefer horizontal volumes. It looks like this.
Scenarios from 11 June and realization:
