The Volume Detective

Too hard to not long this retest of ML.
5m Lvt

Took 15 and flat. 15m looks to weak at the moment.
Nice gap through, nice fork so far too.

So price missed MLH and 3ML, does price rise to test the ML or tumble (Hagopian)?

Good forking day
Made it to MLH finally

Took 20 from this short. The pitchfork shows me many trades I would almost take with volume analysis but not be quite sure about. They work perfect together, surprised I've never seen anyone using the two.

See if this just reverses here (Hagopian) or what. I'm flat for the day.

Looks like it.. pretty strong, should break Asia high now.

Stopped at retrace level, but that was rapid movement out of that low..

took 15 w/ this fork so far.

Eyeing red one also


Short ND but b/e and wary


Short again 1m Lvt @ ML

Most of profit taken

Many times I think trading the fork > volume. Fork was screaming short, volume just about the opposite.

It is a science and art though. Another view, same readings

Another:

Took 15m Lvt up to ML, flat and waiting for retest of MLH maybe.

and

15 from these 5m Lvt's

I'm glad to see you've found something that fits your trading personality. That's what matters most. It's easy to use a technique you don't believe in, or doesn't fit your personality when things are going good. When things are bad, not so much. That when one really has to believe in the method being employed.

Thanks HG : ) Median line trading definitely has given me a most important thing I was missing with PA and volume analysis, a straight and obvious projection of probable price, a bias for volume analysis not based on volume at all (or candle patterns for that matter). It's rather uncanny actually, I just have to learn to hold trades longer, much longer. I was long at bottom here, took profit, short for a bit, long again etc, in the end just have to hold em longer by walking away I think.

Still hard to do when bills are being paid with an underfunded account : \

"The trader who fears volatility, fears PROFIT" Love the quote and volatility as well, my thoughts exactly : ) A. Elder has a saying similar to that too.

Other side


Took that short, almost to median line. Combination pitchfork (it was Hagopian) and VZA zone.

If I had more than one lot on here I would take 1/2 off here. Going to take 1 lot off other purple I think, not sure..

Out, has nice chance of going lower though.

Place of interest

Today's trades, left both much too early, in fact I was a big chicken today.

The ND at the ML looked great but the huge WRB seemed liked it was going to keep going after, despite the signs.
LVT @ MLH was great, I was just waiting for one on the MLH. In retrospect they were basically as clear and as good as a trade gets for me.