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

[Xspurt]

and here's my MM T'dog.


Let's see yours

 

[Thunderdog]

Quote from Xspurt:

and here's my MM T'dog.


Let's see yours

I looked at the index market I trade in the time frame you used in your example, and I was able to identify more instances where the volume relationship you allegedly adhere to did NOT work. Imagine my shock and surprise.

 

[Xspurt]

Quote from Thunderdog:

I looked at the index market I trade in the time frame you used in your example, and I was able to identify more instances where the volume relationship you adhere to did NOT work. Imagine my shock and surprise.

If you mean using the techniques I have glanced on here, then I wouldn't be surprised. I have stated it takes considerable time to learn and build up your skill level. Using what I have shown is actually near to useless as you will get lots of signals that seem false because you need much more skill to read.

What is your background and skill level on volume reading? (i.e. style of volume reading and length of time in practice.)

 

[Thunderdog]

Quote from Xspurt:

...You can see the selling climax with bigger Buy Volume than for some time...

Quote from Xspurt:

If you mean using the techniques I have glanced on here, then I wouldn't be surprised. I have stated it takes considerable time to learn and build up your skill level. Using what I have shown is actually near to useless as you will get lots of signals that seem false because you need much more skill to read.

What is your background and skill level on volume reading? (i.e. style of volume reading and length of time in practice.)

The relationship you refer to is either there or it isn't. I found that, more often than not, it isn't. That's the sum and substance of the thing. Everything else is clutter.

 

[Xspurt]

Quote from Thunderdog:

The relationship you refer to is either there or it isn't. I found that, more often than not, it wasn't. That's the sum and substance of the thing. Everything else is clutter.

Great. Sounds like you're an expert. I'm no match for that sir.

Now move on to another thread and develop expert critical analysis from reading 2 examples.

Or why not write a book: Wyckoff in 2 simple lessons instead of 2 years

 

[Xspurt]

Come ya old dog. Let's see yer MM.

Here's mine...

30 pips in a few mins. Pure cherry picking.

Tdog, quit writing about how much you know and show it.

 

[Thunderdog]

Quote from Xspurt:

Great. Sounds like you're an expert. I'm no match for that sir.

Now move on to another thread and develop expert critical analysis from reading 2 examples.

Or why not write a book: Wyckoff in 2 simple lessons instead of 2 years

You are no match for the evidence.

As I noted earlier in this very thread, I read a couple of books written by Wyckoff years ago:

http://elitetrader.com/vb/showthread.php?s=&postid=2496261&highlight=rollo#post2496261

And while I enjoyed the books, I did not find the volume component to be useful to me in my actual day-to-day live trading. Perhaps when you go live you will find differently. Keep us posted.

(How about those birthers, eh?)

 

[Xspurt]

Quote from Thunderdog:

You are no match for the evidence.

As I noted earlier in this very thread, I read a couple of books written by Wyckoff years ago:

http://elitetrader.com/vb/showthread.php?s=&postid=2496261&highlight=rollo#post2496261

And while I enjoyed the books, I did not find the volume component to be useful to me in my actual day-to-day live trading. Perhaps when you go live you will find differently. Keep us posted.

(How about those birthers, eh?)

How do you enjoy a trading book that is not useful? I use them for lighting fires.

I enjoy your lack of evidence in trading as much as Osama

 

[jjf]

Quote from Xspurt:

How do you enjoy a trading book that is not useful? I use them for lighting fires.

I enjoy your lack of evidence in trading as much as Osama

You exhibit all the frustration traits of a person with some trading knowledge but lacking the courage to pull the trigger.

jjf

 

[Xspurt]

Quote from jjf:

You exhibit all the frustration traits of a person with some trading knowledge but lacking the courage to pull the trigger.

jjf [/QUOTE

Deep and interesting.

Let me pull up a chair so you can get comfortable. You can tell me how it all happened and when you first thought you were a Dr. and a trader and a...