Trade this Chart IV

Discussion in 'Trading' started by inandlong, Aug 27, 2003.

  1. I have to disagree somewhat, as well.

    Intraday chart volume is quite different from
    daily chart volume, in that intraday volume tends to
    have a trough mid-day.

    Would you consider an opening candle with 100K volume
    the same as an mid-day candle with 100K volume
    equivalent?? :D

    peace

    axeman




     
    #31     Aug 28, 2003
  2. Yes theres more... if theres no danger sign to get out, then hold the position.
     
    #32     Aug 28, 2003
  3. Hey axeman. Actually, I do not use volume on my inrtraday charts. I trade off candles and s/r.

    The only time I consult volume is on daily/weekly charts, and then it is only a secondary indicator for me.
     
    #33     Aug 28, 2003
  4. Classic bounce of a double bottom at support. Double top now approaching. Do you have divergence in volume/macd?
     
    #34     Aug 28, 2003
  5. Very good point. And I wouldn't use a 7 iron into a 20 mph wind when 150 yards out. But on the practice range, when grooving the swing for the 7 iron, and not worrying about all of the potential hazards on the course... I can learn about the 7 iron and only the 7 iron.

    We'll work on proper club selection, varying the stance, opening and closing the clubface, etc. when the time comes. Right now, let's just get a good swing down.
     
    #35     Aug 28, 2003
  6. Heeeeyyy.... that's good! :) Do you have an advisory service? "Yesterday's Action Today"

    That's pretty funny posting that now sixth'. Good one!
     
    #36     Aug 28, 2003