Help me understand volume/price relationship

Discussion in 'Technical Analysis' started by mute9003, Jan 19, 2022.

  1. Leob

    Leob

    ..
    Volume/orders are everywhere and in every decent indicator. I speak from the intrady perspective at least...
     
    #51     Jan 20, 2022
  2. i don't think it can help you predict where price is going. I'm not sure anything that most of us are aware of can do that. (chart/ta etc)

    All i know (and didn't believe this for a long time until seeing someone crush it consistently before my eyes) is that it IS possible. There's info out there that can help us basically know where the market is going. But i'm like 7 years in and still haven't found it yet
     
    #52     Jan 21, 2022
  3. maxinger

    maxinger

    It wouldn't be a problem if you change your time based to volume based chart.
     
    #53     Jan 21, 2022
  4. qlai

    qlai

    Whom did you observe?
     
    #54     Jan 21, 2022
  5. It doesn't really matter. People will only accuse me of shilling or something lol. It's irrelevant. And I ask that nobody messages me about him or whatever as i won't answer.


    Just know that I witnessed someone over a fairly long time period, call the market day in da out, in real time before my eyes in ways i didn't think possible, and making money that most here, even the successful guys, probably wouldnt believe!

    And even though he shared some knowledge (basic stuff we all know about trendlines and fibs etc) i'm convinced he was keeping the true secret sauce very much a secret and that the reason he always knows where we're headed is due to info that most of us are simply not aware of or privvy too.

    All i'm sying is that it's possible. I was convinced it wasn't and that it was just full of scammers etc as everyone who claimed to be able to do it only provived hindsight calls etc. I just don't think anything we use and discuss here is of much use (charts, lines, ta etc)

    ps - yestserday he shorted th ES near the high and covered in the evening and made money than I would see in 2 life times lol
     
    Last edited: Jan 21, 2022
    #55     Jan 21, 2022
    Leob and qlai like this.
  6. qlai

    qlai

    I meant, is he a professional (as in working for a firm), is he day-trader, swing-trader, position-trader, technical or fundamental, etc.
     
    #56     Jan 21, 2022
  7. he is a retail trader trading for himself. day trader, but tends to hold most of his trades for big moves that last either the whole day or a few days. I don't know how he does it. I know what info he has shared (technical stuff like fibs and what not) but I don't believe for a second that that is how he does it. I think he is using something else that gives me much MUCH better odds of getting it right and knowing where it's going than the stuff he has shared with me
     
    #57     Jan 21, 2022
    qlai likes this.
  8. made up story, no one cares.
     
    #58     Jan 21, 2022
  9. k
     
    #59     Jan 21, 2022
  10. NoahA

    NoahA

    You've written about this guy before. How are you not rich already? If after a few weeks of seeing his calls you understand how often he is wrong and by how much, you can easily adjust your trade size in order to be able to absorb the small losses and then trade the shit out of his calls. You should probably be able to easily do a 20% gain on an account trading the micro futures for each trade he puts on. After a few months of this, the account should be huge!
     
    #60     Jan 21, 2022
    Amatrue likes this.