ES Journal - 2017/2018

Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.

  1. Zodiac4u

    Zodiac4u

    How hilarious, This is a clue:confused:, closing volume, always varies, always, always, always. It has varied for the last 30+ years and beyond, that eye can remember.;)

    Volume , on rare occasion's can be used and not on the close. This thread is cluttered with your giant charts. As if we don't get enough screen time, really.:D
     
    Last edited: Jan 31, 2017
    #531     Jan 31, 2017
    Buy1Sell2 likes this.
  2. pinabetal

    pinabetal

    Yes...very hilarious! ROFLMAO
     
    #532     Jan 31, 2017
  3. JSSPMK

    JSSPMK

    Volume can be quite deceptive. I wouldn't personally argue against sophisticated studies of volume as it would be hypocritical of me to argue against something I haven't seen in action, yet I must add if strike rate is average than I fail to see the benefit of its primary dependency or implementation as a secondary tool.
     
    #533     Jan 31, 2017
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  4. Buy1Sell2

    Buy1Sell2

    Continuing long here.
     
    #534     Jan 31, 2017
    CBC likes this.
  5. Buy1Sell2

    Buy1Sell2

    Huge buy signal!
     
    #535     Jan 31, 2017
  6. Zodiac4u

    Zodiac4u

    If the ES cant get over the 50ma on the 30mn, its a waterfall:cool:
     
    #536     Jan 31, 2017
    Buy1Sell2 likes this.
  7. CyJackX

    CyJackX

    I went short at the open, holding on. Good luck to the longs...
     
    #537     Jan 31, 2017
    CBC likes this.
  8. Zodiac4u

    Zodiac4u

    The 1mn B-band Pitcher is in the works :)
     
    #538     Jan 31, 2017
    Buy1Sell2 likes this.
  9. pinabetal

    pinabetal

    Is gas in a car tank useless? Volume is activity. Volume is $$. Therefore it shows where money is being put. While it can't be completely trusted ..because of brokers...data feeds...dark pools..etc it can be useful in showing the larger footprints of institutional money. In the end some volume is shown and it is generally good enough to be useful. The real first problem is most traders do not know how to interpret it. The second problem is it can complicate trading on a small TF and cause one to miss a good trade trying to correlate price and volume.
     
    #539     Jan 31, 2017
    JefeTrader likes this.
  10. pinabetal

    pinabetal

    R
    Really?
     
    #540     Jan 31, 2017