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

[Johno]

Quote from Whisky:

Thanks. Here's a free photo in exchange for your "invaluable" service:

JW

Love the photo and Whisky you can hold up exemplary standards like this one any time you like.

Regards

Johno

 

[Xspurt]

Quote from MandelbrotSet:

LOL

I would need a real life, real-time example for that one ... and it doesn't exist in these venues.

If I'm invited I'd try to post one. I'm not trading ES so I need a bit of a running trade to get a chance to look at the ES as I'm often only in a trade for minutes.

What time frame does he trade?

I'm not interested in being a smart ass in someone else's thread and posting off topic so I'd only post volume signals if invited.

But if he's as happy as a pig in poo and is not interested in volume then what's the point? Seems like his mind is made up and I'm not evangelizing.

 

[sosueme]

Quote from Xspurt:

If I'm invited I'd try to post one. I'm not trading ES so I need a bit of a running trade to get a chance to look at the ES as I'm often only in a trade for minutes.
................................
so I'd only post volume signals if invited.

Please consider yourself invited, as I am sure that we would all love to see a volume signal and the reasoning behind it.

sosueme

 

[MandelbrotSet]

Quote from sosueme:

Please consider yourself invited, as I am sure that we would all love to see a volume signal and the reasoning behind it.

sosueme

Agreed.

Anyone who wants to do it is more than wellcome.

It's much more difficult than just trading your own account (I scalpe intra-day, for example).

It looks like B1S2 does what is known as Swing Trading, which I'm defining as holding a position for days, or weeks on end, so long as his reading of price action and his indicator(s) validate his reasoning behind the trade.

But you should just check out the thread, and let B1S2's trading do its own talking ... if he couldn't back-up his statements with real-time action, I definitely would not be supporting him (LOL).

 

[ProfLogic]

Quote from ProfLogic:

Ok, I'm game . . . I'll listen to you.

What is your definition of "trend" so we can apply it to our charts?

Can absolutely understand why MandelbrotJimmy666Zentrickster wouldn't want to answer this question.

 

[ProfLogic]

Quote from MandelbrotSet:

LOL

I would need a real life, real-time example for that one ... and it doesn't exist in these venues.

And if you were shown many many examples would you promise to leave this forum, never to return?

 

[Whisky]

Quote from ProfLogic:

WHISKEY!!

Voice of reason.

Welcome.

Hi Prof. I see you're still addicted to the chat with chaotic XXXXXX?. I have enough with O'bummer...

JW

 

[ProfLogic]

Quote from Whisky:

Hi Prof. I see you're still addicted to the chat with chaotic XXXXXX?. I have enough with O'bummer...

JW

It's an interesting distraction from the screens occasionally. I just wish Baron would pay more attention to it and clean it up.

Yesterday was an amazing trading day so now we hit a bit of a wall of consolidation. The problem is that traders hurt themselves on days like this is starting out. I sit back and wait.

O'bummer is another thorn in my arse. He's my President and I have to deal with it though. I make my opinion known to him and all his cronies though.

 

[TraderZones]

Quote from SwineFlu:

ignore

50 alias Sand Head

 

[TraderZones]

Quote from Xspurt:

LOL

Someone who doesn't know what a MM display shows and thinks the Exchange gives out daily volume coz they don't take sides.

TZ, do you think a MM will take personal responsibility for the liquidity of a stock and risk his ass with the same information you look at?

Think he just looks at price and reads bars??

Why does the exchange fudge the daily volume?

Knock yourself out if you think that is a conspiracy

well, at least we found your agenda, "Todd" shill