come on you dont know how?????? What is wrong with you?????LOL
Question: What is the difference between Tick Volume and (true) Volume? 8 replies
Does 'volume' of MT4 show the tick volume of the market? 47 replies
Better volume low volume bar alert 3 replies
Trading in the Zone advanced indicator (Trading Chaos by Bill Williams) 12 replies
volume ask volume bid 0 replies
Disliked{quote} I think they are k% lines in different time frames like four hours to one minute .I'm right ?Ignored
DislikedI throw a EU chart up Lekkim, this is why volume is a little sketchy, first glance, I may have tailed position 1 up, fairly generic, 2, I would have a continuation of trend 1, 3 a possible continuation after getting 2 wrong and price going down 4 maybe a rise in price and volume, not always the case though, maybe a fluke for me 5 a possible fluke in the spike A generalisation from me looking at the volume and price but don't forget this is after the event from me, very easy to see and say, doing this realtime is something else. I'm turning in soon,...Ignored
Disliked{quote} Very interesting and very accurate points!!! But how do you identify those points? and I don't even see a volume indicator also. And how do you do it in real time? which is the most challenging part!!! Please guide us...Ignored
DislikedBtw the broker IG tested a similar way to trade, basically they proved that in many cases while most traders where short price would rise, and viceversa, I'm confident that the volume if far more reliable than the % of short or long traders so your way of trading volumes is very likely to be profitable. Are you going to give more informations about your system in time? I mean informations like why you take a trade, what are your triggers for entries etc, from what I read on one of your past threads it's very unlikely to get the hands on your indicators,...Ignored
Disliked{quote} Yes, it makes sense that retail traders lose the most, especially in a zero-sum game as forex I will. Well, it might would be possible to get a hand on them. Generally, I'm not into selling anything. This thread is for sharing ideas and theories with like-minded traders, then we'll see where it takes us, hehe Both are trade possibilities.. I've been testing dozens of ways to trade volume most effectively, through many years. There are so many ways to trade it, but I've so far imo found out that counter trading in extreme vol situations...Ignored
Disliked{quote} Volume is sketchy, indeed. An interesting challenge and how we can make the market transparent I agree with your analysis based on what data you have available I would recommend you breaking down the volume, since that simple indicator only provides with tot no of vol, not directions in sentiment.Ignored
Disliked{quote} Hi Lekkim I also mainly counter trade against the market but it works best three ways. Only trading the M1 chart, 1.. Trade against low to average volume spikes 2.. Wait nil massive increasing volume collapses then trade against the move. 3.. Trade in the direction caused by massive increasing volume after trend has been confirmed. But without doubt, be a counter direction trader. CheersIgnored
Disliked{quote} RickM consider the following, from a statistics standpoint trading counter direction expose the risk level to standard deviation at extreme long tail of the distribution graph. The reward measured as a % of the entire move is miniscule. Unless you are a outright contrarian expert like George Soros who calls major counter direction moves for compatible huge rewards. This is not a negative post, just sharing my thought about widely known counter direction trade risk with you and those intraday scalpers in PFs room.Ignored
DislikedHere is that 93% trade on EURUSD on Friday The key factor is knowing price cannot expand unless volume does as well. The only danger is a "slider" which is when price creeps up parallel to market frequency. {image}Ignored
Disliked{quote} RickM, the 95% intraday liquidity collapse started at the first arrow then the 2nd arrow in the channel has 0% chance to fail. One trade is enough for the day RickM. George's expansion target and ADR says it must happen. Use George's expansion target and ADR combo for intraday swing trade instead of scalping 20trades a day, RickM consider my point. I showed another example with detail charts on GJ the other thread. {image}Ignored
Disliked{quote} Hi BWilliam I am a manic scalper who loves to feel the market on the way down or way up. That means I like to trade the top of every spike on the way up or bottom of every spike on the way down on the M1 chart. If I don't take 100 trades a night - I'm not feeling the market. Does that make me a better trader than yourself - probably not. All I care about is hitting my daily target which is 1% increase in equity - every trading session. Lastly working in a live trading group where all members actually share in the workload, support each other...Ignored
Disliked{quote} BWilliams Man there is so much stuff on your chart - hope you can see it clearly. My top chart (I have changed my settings for privacy) is all I have or need. No targets No fibs No ADR NO F...K nothing else Just a price channel created from Historical data and volume. I need to "feel" liquidity inbalances and trade the single fixed frequency wave. Cheers and now we are getting somewhereIgnored
DislikedI need to "feel" liquidity inbalances and trade the single fixed frequency wave. Cheers and now we are getting somewhereIgnored