Quote from porgie:
vol.........I like that.........price is always absolute........pattern is great.....but?
Porgie,
Heres some ideas to think about:
Price is always what we trade, but few understand the importance of volume.
You always trade price.
You predict with volume.
Prediction is highly important in the world of constant trading, I could be taking a shit in the bathroom and I get a volume alert alerting me 15 minutes before the action
While if you were pricing, you'd probably be alerted 20 seconds before the action.
20 seconds isn't enough time to wipe your ass.
Preparation + Opportunity = Money.
You can't prepare if you don't know or are trading in real time.
In fact, I'm pretty sure you can trade just on volume considering 65% of my code is based on price.
The other 35% of my system is based on volume, and thats what seperates the size from the testers IMO.
Good luck, took me awhile to understand the roots of everything, you guys are getting it in one post.
