DislikedThat exactly what I am talking about. I dont know which indicator you're getting that info from (meaning that 1253 traded volume you mention above -what's that by the way? 1253 millions? 1253 standard lots? 1253 ipods auctioned on ebay? what is that volume measured on?-), but I VERY much doubt of the accuracy of such indicator because basically there is no "official" data of how much volume is being traded. The most a broker can tell you is the volume traded in-house for that period of time, but that's insignificant compared to the whole market. So...Ignored
1253 is the number of times bid overcame offer or vice versa and counted 1 value, and yes its in house, yet my bars look like your bars so if my volume is 1200 and your volume is 50 the relationship between the price spread of the candle to volume will be the same as mine just in different ratio's. BUt if the previous bar was conciderabley less the volumes would still be relevant to the amount of action (volume) of the candle spread, and would also equal my candle spread as it would alaska charts.
The whole market dosent matter for there is no Open Intrest telling who is in who is out and even futures dont tell that. But enough on this anyways.
"Millionaires don't use astrology, billionaires do"
