Intraday Price and Volume on bull and bear moves

Discussion in 'Trading' started by EON Kid, Feb 6, 2010.

  1. EON Kid

    EON Kid

    Intraday Price and Volume on bull and bear moves

    Some of my setups, mainly shorting, don’t seem to have the same clarity if I flip it for a long trade. i.e. the price and volume relationships don’t seem to be a ‘mirror image” – for a short vs long trade

    I cant recall where I read it but I did read something on this once. If someone could clarify the what and the why, of the psychology of bullish and bearish moves and how people chase or stop out that cause them to be different in some ways

    Do traders also have setups that work more favorably in one direction?




    Please keep this thread hershy free
     
  2. EON Kid

    EON Kid

    I vaguely recall something like –

    On up move traders are more likely to join the bid – hoping for a better fill

    On a down move traders are more likely to use a market order to enter


    This is just a rough generalization, thoughts?
     
  3. I encourage you to look closer.

    Using a Neutral bias, 'Up' is the same as 'Down' in terms of how the Price / Volume Relationship operates. The whole deal tracks market sentiment.

    - Spydertrader