Volume analysis is to be discarded as it is "too much information"

Volume analysis of any use?

  • I believe in using volume analysis

    Votes: 162 58.5%
  • I discard volume analysis in my trading

    Votes: 71 25.6%
  • I really don't know

    Votes: 43 15.5%

  • Total voters
    277
Quote from SwineFlu:

I use equi-volume charts. from what I read proflogic uses constant volume bars. Do you understand the difference?
Yeah, yeah, yeah.

Tell it to your other aliases. :D
 
Quote from Xspurt:

The lingo that I use is not my invention and I have referenced it if you want to follow it up. I said it takes 2 years to learn so it's pointless to ask me to explain.
This definitely falls under the heading of "mumbo jumbo". :p

Quote from Xspurt:

When you show that you are serious about learning I will show you how to get accurate daily volume.

I can't believe there is someone stupid enough around here to fall for that one ... oh wait. :D
 
Quote from MandelbrotSet:

Yeah, yeah, yeah.

Tell it to your other aliases. :D

Asks the Mods if I'm proflogic.

How about your many many other aliases; Trader666, Zentrickster, Mandelbrotset, Jimmy Jam or one of the other 6
 
Quote from SwineFlu:

Yes you are and pathological.
Nah ... it's your use of multiple aliases to constantly troll Elite Trader, while lying about everything, and waxing prosaically about the virtues of volume charts that is pathological.
:p :( :D
 
Quote from MandelbrotSet:

Nah ... it's your use of multiple aliases to constantly troll Elite Trader, while lying about everything, and waxing prosaically about the virtues of volume charts that is pathological.
:p :( :D

You are the one with 8 alias and posted confirmed lies. Someone should tell your mother, if you had one.
 
Quote from Whisky:

I'm serious about learning. Please show me how to get accurate daily volume.

Thanks.

JW

Sure, like I said show me you are serious.

Mandy says it's mumbo jumbo but it's there for all to learn. I have given you a reference to learn from and examples you can observe.

Now tell me what you have learned.

I am halfway through my 3rd decade in this business and ration tuition to those who convince me I am not wasting my time.

There's a lot of people on ET who will be no more able to trade better in 10 months or 10 years because they already know everything that works or doesn't work. You may not be one of them but convince me you are learning something about volume.
 
Quote from Xspurt:

Sure, like I said show me you are serious.

Mandy says it's mumbo jumbo but it's there for all to learn. I have given you a reference to learn from and examples you can observe.

Now tell me what you have learned.

I am halfway through my 3rd decade in this business and ration tuition to those who convince me I am not wasting my time.

There's a lot of people on ET who will be no more able to trade better in 10 months or 10 years because they already know everything that works or doesn't work. You may not be one of them but convince me you are learning something about volume.

Especially since most of what is needed to know about volume is already here, on this thread.

In fact, in the last week, someone has posted an entry method, a monitoring method,and a risk management method.

There is a fully working system right here on this site for those "serious" about learning.
 
Quote from jack hershey:

Use Tufte as a reference. for the issue involved.


After a quick read on Tufte via Wikipedia the thing that comes to mind regarding your method is the volume Gaussians. Are you referring to the volume Gaussians as a Sparkline? I suppose reading the Gaussians themselves would remove the anchor point for a volume bar.

But reading the rest of your reply I think this is not what you meant.

Quote from jack hershey:

Price is suspended on its pane. Volume must be suspended too after a certain skill level is reached. This is a calm statement and not a rant or arrogant comment.
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as a bar forms, how it is forming is informative. Which side of the BBid/BAsk is important. This must be put onto an unanchored bar. If it is you can see the same data as seen on price incremental additions relative to prior additions.
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Volume has PRV (See above). A ball referenced to an axis is not the best of bests. The ball is terrific though and remove several factors of anchoring. we know how "tall volume is by PRV. Where should that vertical length be place in time to inform us the most? Where it formed and where it placed then there is an envope that is much like the price envelopes developed long ago. Also the Gann aspect is introduced for volume. so is the fibbinocci aspect. Gaps appear as well (gaps in price do not exist actually, but they do in volume that is placed informatively).

I felt it was important to not allow any part of a volume bar to touch or cross the time axis. In informative displays this is easily achievable.


Hmm, not sure how "easily achievable" this might be, but will give it some thought. :)

Thanks for your reply.
 
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