Volume analysis is to be discarded as it is "too much information"

Discussion in 'Strategy Building' started by Buy1Sell2, Jul 6, 2009.

Volume analysis of any use?

  1. I believe in using volume analysis

    162 vote(s)
    58.5%
  2. I discard volume analysis in my trading

    71 vote(s)
    25.6%
  3. I really don't know

    43 vote(s)
    15.5%
  1. Johno

    Johno

    Love the photo and Whisky you can hold up exemplary standards like this one any time you like.

    Regards

    Johno
     
    #151     Jul 14, 2009
  2. If I'm invited I'd try to post one. I'm not trading ES so I need a bit of a running trade to get a chance to look at the ES as I'm often only in a trade for minutes.

    What time frame does he trade?

    I'm not interested in being a smart ass in someone else's thread and posting off topic so I'd only post volume signals if invited.

    But if he's as happy as a pig in poo and is not interested in volume then what's the point? Seems like his mind is made up and I'm not evangelizing.
     
    #152     Jul 14, 2009
  3. sosueme

    sosueme

    Please consider yourself invited, as I am sure that we would all love to see a volume signal and the reasoning behind it.

    sosueme
     
    #153     Jul 14, 2009
  4. Agreed.

    Anyone who wants to do it is more than wellcome.

    It's much more difficult than just trading your own account (I scalpe intra-day, for example).

    It looks like B1S2 does what is known as Swing Trading, which I'm defining as holding a position for days, or weeks on end, so long as his reading of price action and his indicator(s) validate his reasoning behind the trade.

    But you should just check out the thread, and let B1S2's trading do its own talking ... if he couldn't back-up his statements with real-time action, I definitely would not be supporting him (LOL). :)
     
    #154     Jul 14, 2009
  5. Can absolutely understand why MandelbrotJimmy666Zentrickster wouldn't want to answer this question.
     
    #155     Jul 14, 2009
  6. And if you were shown many many examples would you promise to leave this forum, never to return?
     
    #156     Jul 14, 2009
  7. Whisky

    Whisky

    Hi Prof. I see you're still addicted to the chat with chaotic XXXXXX?. I have enough with O'bummer...:p

    JW
     
    #157     Jul 14, 2009
  8. It's an interesting distraction from the screens occasionally. I just wish Baron would pay more attention to it and clean it up.

    Yesterday was an amazing trading day so now we hit a bit of a wall of consolidation. The problem is that traders hurt themselves on days like this is starting out. I sit back and wait.

    O'bummer is another thorn in my arse. He's my President and I have to deal with it though. I make my opinion known to him and all his cronies though.
     
    #158     Jul 14, 2009
  9. 50 alias Sand Head
     
    #159     Jul 14, 2009
  10. well, at least we found your agenda, "Todd" shill
     
    #160     Jul 14, 2009