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

[Chart_Precocity]

Quote from MandelbrotSet:

ROTF ...

It took you long enough to make up the story after you were caught in (yet another) lie.

LOL ET

Sorry man, I don't live on this site. Some of us have lives and stop by here occasionally.
Don't know about you but I'm in Chi Town and there is plenty to do here daily.
Considering your attitude you'd better stay where you are.

 

[MandelbrotSet]

Quote from Chart_Precocity:

Sorry man, I don't live on this site. Some of us have lives and stop by here occasionally.
Don't know about you but I'm in Chi Town and there is plenty to do here daily.
Considering your attitude you'd better stay where you are.

This moron comes on here, makes a bunch of fake posts, pretends to defend crapped-volume bars, and then when it gets exposed that he is a fraud and a liar, claims he's just "passing by" ... and then makes empty threats, LOL! ... looks like you shat yourself again!

What a waste of bandwith, later assclown, I'll leave you to your by yourself.

 

[Vertex]

Quote from MandelbrotSet:

This moron comes on here, makes a bunch of fake posts, pretends to defend crapped-volume bars, and then when it gets exposed that he is a fraud and a liar, claims he's just "passing by" ... and then makes empty threats, LOL! ... looks like you shat yourself again!

What a waste of bandwith, later assclown, I'll leave you to your by yourself.

LOL, I think the smilies guy journal is entertaining, but if those things infect the entire site it is going to get old fast.

 

[bighog]

Volume is only visualized after the fact.

Like looking in the toilet after taking a crap.

HOG OUT!!!!

Just what are you looking for?

 

[jjf]

Quote from Xspurt:

One last example of how PA and sentiment indicators lag volume clues.

That last trade culminated in a wide candle push looking like it was going to the moon. But there were problems that volume showed up.

Why did PA push up on less volume than the last push?

And why is the next red inside candle so small compared to the last red circled?

These two topping candles are on almost the same volume - the classic smart money reversal that is hidden to the PA crowd. The PA does not indicate what is going on with the underlying sentiment. The next candle could be a continuation up just reading PA.

PA allows you to take the break of the last circled red candle short, but with that last big push how big are your balls?

Specialists and floor traders know how to disguise trades and suck in the unwary but you can learn to read their moves. That is why the one thing they want to hide is volume because PA alone sometimes can make a fool out of you.

So while B1S1 is waiting for his indicators to tell him what the sentiment is the volume readers are waiting for him to enter the market and push their trade on further.

Last time I talked with CME they told me that they coped with volume as best they could during RTH and cleaned it up at the end of the day.
You can see this if you take a snapshot of the day and then make the comparison.

I wonder how you factor this in to your volume studies.

jjf

 

[[Proximo]]

Sticking with the analogy, when you have a massive shit coming out of your ass, do you not feel your asshole rip?

Ever watch Time & Sales?

Quote from bighog:

Volume is only visualized after the fact.

Like looking in the toilet after taking a crap.

HOG OUT!!!!

Just what are you looking for?

 

[Xspurt]

Quote from jjf:

Last time I talked with CME they told me that they coped with volume as best they could during RTH and cleaned it up at the end of the day.
You can see this if you take a snapshot of the day and then make the comparison.

I wonder how you factor this in to your volume studies.

jjf

Correct.

It's the same as dealing with dark pools. Do we need all the volume or is a good sample a reliable representation of what is happening to trade with it?

Only experience with your market will confirm its reliability. For ex. Spot Fx doesn't have volume available to us. Futures does and that works.

The charts I showed was tick volume and that is reliable too. Generally intraday volume on the indicies is usually pretty good and about 3 hrs after the close the true daily vol is available.

 

[Chart_Precocity]

Quote from MandelbrotSet:

This moron comes on here, makes a bunch of fake posts, pretends to defend crapped-volume bars, and then when it gets exposed that he is a fraud and a liar, claims he's just "passing by" ... and then makes empty threats, LOL! ... looks like you shat yourself again! [/IMG][/URL]

What a waste of bandwith, later assclown, I'll leave you to your by yourself.

I like steak too so does that make me a promoter and an advocate for the cattle industry?

Man do you have an attitude problem. I never made a single threat but you are nothing but a trouble maker and a flamer. What did your step-dad buy you a new computer and not teach you any manors?

 

[Xspurt]

Thunderdog thinks Volume is for pretty pictures and cherry picking.

Here's another pretty picture and yes, I cherry picked the bottom. I cherry pick them all and this was for 100+ pips.

For those interested in how the only two thing you need help you read each other, the green "L" is the price filled (1.4213) long in a real trade.

Waiting for PA to close above the bottom Engulfer is for B1S2. You can see the selling climax with bigger Buy Volume than for some time.

The when the trade is taken I need B1S2 read his indicators (plotted on the closes) to buy and push my trade.

Volume allows you to see ahead of PA and read the implications of the next candle.

Aplogies to Hog as I got him mixed up with Tdog. Knew it was an animal though


Remember B1S1, indicators will slow you down mate

And if you need Money Management to make your trade work, then there are problems with your entries, exits and holds.

 

[Thunderdog]

Quote from Xspurt:

...And if you need Money Management to make your trade work, then there are problems with your entries, exits and holds.

I believe this comment tells the reader all he needs to know about you.

(Oh, and your being a birther is the cherry-on-top part as it relates to your cognition and ability to deal with personal bias in the face of overwhelming evidence. Context is everything.)