Volume--- how to use it and WHY

Quote from Scataphagos:

That's because it's an additional variable. (Unreliable one, at that.)
More...

When you create a chart using constant volume bars as a replacement for time, tick or range bars, the variable aspect is completely eliminated.

If you have the ability, set up a chart using them and see for yourself. Don't take my word for it.
 
Volume leads Price. Always.

However, far more information exists within a Volume Pane than simply the height of a specific Volume Bar.

The sequences of Volume which exist across every fractal, and on every time frame provide the 'points' in time where one trend ends and another begins.

These sequences repeat - over and over again - across all markets - every day.

- Spydertrader
 
Quote from Xspurt:

Strangely enough time is not a constant. It is a physical property that is subject to change.

That can have an impact on your trading depending on the type of charts you use but that's off the topic.
More...

Really, please explain when; "60 minutes isn't 60 minutes" or any other variation on that theme.
 
Quote from risktaker:

Ok, so you're saying your volume-based charting gives you an edge? That sounds good. If so, can you post or point to some charts so we may look at a comparison (if you don't mind).

Thanks!
More...

Here is a marked chart from the 30th for the Euro FX (6E). This was marked for the overnight trades and then the pre-market trades going through open. This is a 343 & 49 CVB Chart. The left chart I simply use for strength and the right for trade decisions and entries.

I prefer the Euro FX in the Summer because the liquidity is stable. The eMini S&P isn't consistent again till Fall. I have a chart from yesterday too, I'll try to find.
 

Attachments

Quote from ProfLogic:

Really, please explain when; "60 minutes isn't 60 minutes" or any other variation on that theme.
More...

60 minutes experienced by a person on a moving plane is not the same as 60 minutes experienced by someone standing stationary on the ground. However, I don't know if this is the inconstant nature of time that he was referring to.
 
Quote from heypa:

Forget the esoteric babble.Volume only lets you interact.
"Let not your action affect price unduly."
More...

Please explain to me what is esoteric about price and volume being contants?
 
Quote from academic:

60 minutes experienced by a person on a moving plane is not the same as 60 minutes experienced by someone standing stationary on the ground. However, I don't know if this is the inconstant nature of time that he was referring to.
More...
exactly...special relativity?
 
Quote from academic:

60 minutes experienced by a person on a moving plane is not the same as 60 minutes experienced by someone standing stationary on the ground. However, I don't know if this is the inconstant nature of time that he was referring to.
More...

The reference made here pertains to how time relates to the markets.
 
You must log in or register to reply here.
Back
Top