TA and Volume - any relationship

Discussion in 'Technical Analysis' started by Mut1ey, Oct 1, 2003.

  1. RAMOUTAR

    RAMOUTAR


    Volume has everything to do with TA:

    1) Volume dictates price.

    2) Volume + urgency= Momentum

    3) Momentum is a fuel

    4) The best technical setup is worthless in the absence of momentum


    May the trend be with you...
     
    #11     Oct 1, 2003
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  2. murray t turtle

    murray t turtle

    ==============
    Mut1ey;

    Price helps.
    Moving averages help & convergance of them helps.
    Volume helps.

    Reading and lots of work helps-, however
    try ''Volume breaks out you buy'' in a sideways trend you will get slaughtered.:cool:
    ==============
    Volume helps, doesnt always precede price;
    $XAU has no volume. The streets are paved with gold.
     
    #12     Oct 2, 2003
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  3. SocalTrader

    SocalTrader

    Most of our analytics are based on volume range and volatility you may want to read this to get an idea how it all works.
    http://www.trade-ideas.com/DOSA/
     
    #13     Oct 2, 2003
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  4. Mut1ey

    Mut1ey

    Thanks for all the responses so far.

    So if I understand, consensus seems to be that TA uses price, time and volume to feed into its analysis. In which case, how important is raw volume?

    Let me explain my agenda for this thread - I wanted a view as to the validity of using a data feed that does NOT include raw volume. But does include TA indicators, vs paying more to get a feed that does include raw volume as well as analytics. If there is no significant benefit in paying more for raw volume, I would rather do without it.

    I should also add that I'm looking to day-trade Index Futures - namely the DOW.

    Thanks

    Mutter-Lee
     
    #14     Oct 2, 2003
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