Does speed of market/momentum actually matter?

Discussion in 'Technical Analysis' started by iamnewuser911, Aug 18, 2016.

  1. Mate, I'm following this thread along and realise you are a typical ET obnoxious argumentative jerk. Bye for now because I for one don't wish to read your rubbish. On ignore.
     
    #61     Apr 29, 2017
  2. lylec305

    lylec305

    Typical fx trader, name calling and all. Your type give traders a bad rap.
     
    #62     Apr 29, 2017
  3. fxkool

    fxkool

    No. it has no bearing. Price can move with little volume or not move with bundles of volume.
     
    #63     May 5, 2017
    themickey likes this.
  4. I've watched / studied volume for some years and as a longer term trader have come to this concludion. For EOD charts, volume has limited applications. I usually just want to know about abnormally high vol spikes and times of very low volume areas.
    Intraday, again spikes is all I care about.
    Looking at volume which is just average range, it tells me absolutely nothing and has zero ability to mean anything for me.
     
    #64     May 6, 2017
    Simples likes this.