Is volume all you need?

Quoting MachineLearn

Disliked

I personally love volume and could never imagine using a system that doesn’t incorporate it.. The yellow bars represent relative volume that’s lower than previous volume.. as volume leaves the market AFTER a bounce or during a run, does this tell us what the market is trying to do? {image}

Ignored

Quoting TheCardinal

Disliked

I dont use volume at all since FX is decentralized. Volume will look different on FXCM vs oanda vs Eightcap vs all the other ones. Its just telling a completely different story. If you want to use volume, use it in the futures market. At least you will have real volume there. Good if it works for you, but its not "real" volume

Ignored

Quoting MachineLearn

Disliked

{quote} I don’t need the stories to align on different brokers? Lmao..This argument never makes sense to me. Seems like semantics to argue over the exact definition or volume. I don’t need it to be “real volume” for it to be used in my trading. It’s my brokers interpretation of data that can be observed in a measurable way therefore creating patterns which can be used to deduce speculation on price movement. Clearly it can be used to generate accurate signals which is all that really matters regardless of what you want to call it… {image} I’ve had...

Ignored

Quoting TheCardinal

Disliked

{quote} Its not semantics at all. If you were a PA trader and you are waiting for a PA confirmation before entering a trade, but the PA looks different on all broker platform, how would you know when to enter? If it gives you a bullish Pinbar on Oanda, but no Pinbar on fxcm and a doji on eightcap and a BEARISH candle closure on Forex.com, it makes no sense to be trading with PA. In my opinion, you are just in whats called the "confirmation bias" where you see want you want to see. Volume ISNT volume lol. Its just not no matter how hard you want...

Ignored

Quoting MachineLearn

Disliked

{quote} Мыслительный процесс такой, давайте откроем ордер в направлении рынка после одной из этих...

Ignored

Quoting faktmany

Disliked

{quote} Very interesting, please continue.

Ignored

Quoting RiskFighter

Disliked

This is a little like the Einstein "Law of Relativity". It is your frame that decides everything. What happens in other frames does not interact with your frame. But you can observe it.

Ignored

Quoting MachineLearn

Disliked

I personally love volume and could never imagine using a system that doesn’t incorporate it.. The yellow bars represent relative volume that’s lower than previous volume.. as volume leaves the market AFTER a bounce or during a run, does this tell us what the market is trying to do? {image}

Ignored

Quoting faktmany

Disliked

{quote} What indicators do you use?

Ignored

Quoting MachineLearn

Disliked

{quote} {изображение}

Ignored

Quoting charli86

Disliked

Really like the title of thread , and the thread ,please continue, i am observing lately volume from futures with my approach , when combined with levels , and extreme of the price/ move , with a bit more ingredients looks like volume/ futures data is what was missing to be honest, also imbalance and orders , but depends also when this happens, and also what price do next is also important to me, usually i wait more and enter where i should put my SL ... On the usdcad yesterday i traded , but i waiting for “first wave” to finish than price rise...

Ignored