Does volume matter?

Discussion in 'Trading' started by trader1974, Oct 7, 2020.

  1. easymon1

    easymon1

    You are an experienced hand at this. If you would post a few screenshot examples, especially from charts you use (less any special sauce that you want to keep close to the vest) that would be helpful.
     
    #31     Oct 7, 2020
    comagnum likes this.
  2. wildchild

    wildchild

    Which ones have it? I will take a look.
     
    #32     Oct 7, 2020
  3. maxinger

    maxinger

    Esignal, SierraChart ...
     
    #33     Oct 7, 2020
    wildchild likes this.
  4. TimMykes

    TimMykes

    Anyone saying volume is not important wants you to lose

    Period
     
    #34     Oct 7, 2020
    Ayn Rand and comagnum like this.
  5. TimMykes

    TimMykes


    whats a time chart ? oh, yeah, thats the thing old people use
     
    #35     Oct 7, 2020
  6. trader1974

    trader1974

    Last edited: Oct 8, 2020
    #36     Oct 8, 2020
  7. The volume plays a very salient role sometimes due to high volume one can also face slippage while trading.
     
    #37     Oct 8, 2020
  8. easymon1

    easymon1

    Yes, i trade volume bar charts from time to time, and range bars as well. You should too.
    What numbers work for you to approximate a one minute on ym say between 9:45 and 10?
    In other words what volume number(s) do you use / plug into the chart(s) between 9:45 and 10?
     
    Last edited: Oct 8, 2020
    #38     Oct 8, 2020
  9. trader1974

    trader1974

    In the link it is explained
    I don't use a fixed system
     
    #39     Oct 8, 2020
  10. Focusing on price and getting it right and trade management 4 hours per day is challenging enough.
    I tried adding a volume indicator as an extra confirmation "price was getting ready to move in my favor"

    The volume indicator was too much work.

    Tick, Time, Range bars, Volume bars, its all the same thing. You still have to pick a stop loss and profit target per trade. It does not matter.

    I like time bars, because it gives me time (e.g., 3 minutes) to make a trading decision.
     
    #40     Oct 10, 2020