How to read this VOLUME chart ?

Discussion in 'Technical Analysis' started by etradeqeko, Aug 9, 2018.

  1. Scat will say it is not real because I am in SIM. I am using market orders in SIM and I am told when I transition to live it will be the same if I use market orders in sim.

    ES
     
    #91     Aug 13, 2018
  2. One Chart with Volume only. I do not need DOM. I am a pure Volume Trader. This is what attracted me to this thread. I have practiced for 100 hundred hours thus far on 2 tick trading with a tight stop. I do not need colors on my volume bars as that would screw me up.

    ES

    P.S. I have made 8 ticks on my 4 trades today in practice. I am told that when I can do this more often than not I am ready for live trading. This is not easy and you must select your trades carefully.

     
    Last edited: Aug 13, 2018
    #92     Aug 13, 2018
  3. _eug_

    _eug_

    Interesting, I was following your other threads for a bit and it seemed you were trying to trade orderflow of the dom... unless I am missing something. Why did you change focus?
     
    #93     Aug 13, 2018
  4. Price is a product of Volume. You cannot throw price up in the air and keep it up there forever.


    eS
     
    #94     Aug 13, 2018
    CSEtrader and padutrader like this.
  5. Because I am not smart enough to get illusion...But a trader in New York contacted me...I consider him a friend now. He taught me how to trade what I am trading now. That's all I needed as I am not a newbie.

    ES

    P.S. I do not even need to pay the 5 bucks a month to get the DOM. Give me a chart with Volume...any chart of the ES from any broker and I can trade it. I am looking to trade another system at night (mst) after work. Any trader that wants to help me give me a PM, we can become friends and trade together.

     
    #95     Aug 13, 2018
  6. The trader that trades just volume made 3k last week. I need a few more hundred hours and trade more than one contract to beat him.

    ES
     
    #96     Aug 13, 2018
    CSEtrader likes this.
  7. Whew...5 successful trades..this last trade lasted 3 seconds...

    No risk in the market...no waiting & hoping.

    ES

    P. S. You gotta "feel" the market? Volume & Price baby or Even Price and Volume too...according to if your going with the trend or fading..
     
    Last edited: Aug 13, 2018
    #97     Aug 13, 2018
  8. HFT's cannot F&*K with what I am doing...6 successfull trades under my belt...no losers today. But you gotta' have volume to HyperTrade.

    ES
     
    Last edited: Aug 13, 2018
    #98     Aug 13, 2018
  9. Won one more...all 2-tick trades with no losers at$2.58/contract "all in" commish (no chart or additional CME datea fees, membership $199.00/mo.). Average time in trade <1minute. Started today with $1,500.00 start balance...lol in ES FUTURES!!!!

    ElectricTradesAtTradovateSavant

    2018-08-13_122527 Positions.png
     
    Last edited: Aug 13, 2018
    #99     Aug 13, 2018
    padutrader likes this.
  10. destriero

    destriero

    Please don't eat him.
     
    #100     Aug 13, 2018