Question for those of you trading ES price action off the dialy chart.

Discussion in 'Index Futures' started by ER9, Sep 20, 2005.

  1. ER9


    Just curious... if you see price action enter into consolidation where it looks like theres a favorable outcome for a breakout or breakdown... do you look for heavy volume spikes in lower timeframes to help confirm where trader confidence might be heading?

    I never really payed close attention to volume in these circumstances.
  2. ER9


    Much appreciated Macro. I was not familiar with tick charts.
  3. ER9


    very interesting stuff. I think this is exactlly what i have been looking for and didnt realize it. Surprising how far the 5 minute tick can lead 5 min ES on breakouts and selloffs.
  4. yes the TICK information can be very beneficial at times.