i I will tell how i look to them:
1 hour is easy - i am daytrading so i look just on them as they unfolds in my time zone - London timezone.
H4 - the same - if 3 bars before was stopping vol on H4 bar - alright, i try not to forget it.
So, i am interested to look to them as they unfolds.
If You are looking to trade swings, then You compare every swing volume swings and then those thiny traded times will not affect Yourr judgment, because You will look all over the swing with many bars and days.
Maybe it will be usefull or maybe not.
Best,
Tom
1 hour is easy - i am daytrading so i look just on them as they unfolds in my time zone - London timezone.
H4 - the same - if 3 bars before was stopping vol on H4 bar - alright, i try not to forget it.
So, i am interested to look to them as they unfolds.
If You are looking to trade swings, then You compare every swing volume swings and then those thiny traded times will not affect Yourr judgment, because You will look all over the swing with many bars and days.
Maybe it will be usefull or maybe not.
Best,
Tom
DislikedHi Guys,
This is a question that has been touched upon lightly before, but never seems to get much discussion.
Its regarding the 1 hour/4 hour time frames, how do we interept the vols correctly?
Obviously with a 15/50/d/w we get a set period with no real 'thiny' traded times, but on the hour/4hour we notice a surge in vol in market hours and then low vol areas (usually during asia), but the price still moves.
How do we interpret these bars, do we compare them to the day befores bars? how about judging the 'low' vol whilst price still moves?...Ignored