Volume--- how to use it and WHY
- Thread starter marketsurfer
- Start date
Quote from marketsurfer:
man, mandlebrot, everyone in this game has an <b>angle</b>. let's see if the wizard can meet your challenge.
surf
I did and was correct.
I don't play games. Here is a 1 minute chart of this mornings ES. I'll follow with a 343 Tick and 343 CVB Chart so you can see the difference.
Not that you care.
once again, anyone can annotate charts. i don't get the point, what are you trying to show?? how about some forecasts or anything that could actually help someones trading.
surf
PS you might as well be a trend follower like those in this enjoyable film--however, nothing there to help one in trading either--but atleast its entertaining, not chart art.
http://edge.affiliateshop.com/public/AIDLink?AID=103735&BID=13213
Quote from marketsurfer:
once again, anyone can annotate charts. i don't get the point, what are you trying to show?? how about some forecasts or anything that could actually help someones trading.
surf
The purpose was simply to show the bar differences between the 3 increments not the annotations.
It wasn't an opportunity for you to SPAM either.
Quote from Lucrum:
Anyone can make predictions or forecasts.
Especially when they are frequently wrong, like yours.
How does that "help" anyone's trading smurf?
your right. it really doesn't. however, it shows "analysis in action" unlike the wizard who shows backdated, annotated charts that are not illustrative of anything but his artistic ability.
you need to go to his "class" to see it in action. something is wrong, when he could just as easily step up to the plate and make some calls here, or better yet illustrate this "forward testing" where everyone could see it like collective 2 for example. nothing but rhetoric, threats and dubious claims so far...
surf
You make a snide remark but when I was correct in reading Jimmy's charts you don't apologize.
I post some charts to clarify an earlier point simply about the differences in chart layout and you make more snide remarks and use the post as an excuse to SPAM.
Quality stuff there Smurf. You're a credit to your profession.
Here's my position as a simple swing trader. I think this argument is over done. There is truth on both sides.
Price works sometimes.
Volume works sometimes.
MA crosses work sometimes.
Macd works sometimes.
Support/resistance bounce/breaks work sometimes.
trend line break/bounce work sometimes.
New high/lows work sometimes.
ETC.
Every measure you can think of works sometimes.
When trading how many of the sometimes things should you consider? Research has shown that we humans tend toward thinking that more complicated solutions are better. Perhaps because we attribute the more complicated solutions as being more thoroughly thought through.
I believe and accept Einsteins admonition " Make everything as simple as possible; but not simpler."
Every one must decide his own method. If you want to make it known do so. If attacked defend yourself but trying to convince closed minds to change is futile
How many of the sometimes things should you consider? It's your choice. As for me I believe in "keep it damn simple." If you choose to use all of them I think you're doomed.
If you chose one of then you could probable do better.
The answer is probably more than one of them. It's your choice.
Know yourself and pick the ones that fit YOU and your resources.
As in any business be mindful of overhead costs. It's nice to have everything but be remember of the rule of diminishing returns.
Sorry. Got carried away. Seldom happens. My opinion only. I don't really care what any of you do.
Price works sometimes.
Volume works sometimes.
MA crosses work sometimes.
Macd works sometimes.
Support/resistance bounce/breaks work sometimes.
trend line break/bounce work sometimes.
New high/lows work sometimes.
ETC.
Every measure you can think of works sometimes.
When trading how many of the sometimes things should you consider? Research has shown that we humans tend toward thinking that more complicated solutions are better. Perhaps because we attribute the more complicated solutions as being more thoroughly thought through.
I believe and accept Einsteins admonition " Make everything as simple as possible; but not simpler."
Every one must decide his own method. If you want to make it known do so. If attacked defend yourself but trying to convince closed minds to change is futile
How many of the sometimes things should you consider? It's your choice. As for me I believe in "keep it damn simple." If you choose to use all of them I think you're doomed.
If you chose one of then you could probable do better.
The answer is probably more than one of them. It's your choice.
Know yourself and pick the ones that fit YOU and your resources.
As in any business be mindful of overhead costs. It's nice to have everything but be remember of the rule of diminishing returns.
Sorry. Got carried away. Seldom happens. My opinion only. I don't really care what any of you do.