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. Wow!

    Looks like someone can't deal with being deep underwater on their LIVE CALL. :eek:

    Any minute now he's going to flip-out and swineflu is going to showup on this thread. :p
     
    #181     Jul 15, 2009
  2. That trade is long from 908.50 from 4:35 pm EDT yesterday. Look at the time stamp "asscown". Of course you wouldn't know that since you can't read a chart. Your commentary this morning shows that.

    Where was your one lot trade today? Your 3 shorts worked out well I see.

    Ask the mods whether I'm swineflu . . . oh, that's right you don't care. You simply prefer making unsubstantiated statements.
     
    #182     Jul 15, 2009
  3. Still making execuses I see ... you have backpedalling down to an art.

    Sorry PaperLogic, but you're wrong again. I called for Long trades only today ... :)

    LOL, be for real.

    Different ISPs (or even computers) are no proof of identify for nutjobs like you ... it's pretty obvious that you had forgotten which ID you were logged in under when talking about your trade ... thanks for that. :D
     
    #183     Jul 15, 2009
  4. You traded short today and you are a liar . . .
    You have 8 alias and stay up till all hours posting trash because you have no life
    You trash talk online because you're scared to do it in person
    You average 11 posts a day which is PROOF you have no life
    You are pathological
    You have a job because you can't make a living trading
    You refuse to trade LIVE and IN PERSON because YOU SIMPLY CAN"T AFFORD IT . . . & CAN'T TRADE!
    You live in an apartment because you can't afford your own property
    You don't own a car because you can't afford one of those either
    You are a joke in the ES Journal thread because they all know you can't trade with ANY consistency

    No one wants to be you . . . especially YOU!
     
    #184     Jul 15, 2009
  5. TILT! ... ah, you're so easy. :)
     
    #185     Jul 15, 2009
  6. You think I'm mad?

    Wait till later this year . . . I don't get mad . . . I get even. It's way more fun. That guy in this forum you pissed off a few months ago got your number and I'm going to be there in the city when he gets his payback . . . with a video camera!

    I'm looking forward to posting them on YouTube!! A picture is worth a thousand words but a video is worth a million! You've always wanted to be famous and this will be your shot.
     
    #186     Jul 15, 2009
  7. This is what is so funny!

    Some of the non readers in this class keep acting as if volume is THE signal.

    Volume is A signal.

    The only thing a volume spike or trough is THE signal for is CHANGE.

    It is then up to analyst to use other tools in the toolbox to ascertain whether that CHANGE is CONTINUATION or REVERSAL.

    It is not rocket science. But it does take a lil bit of the ability to follow an algorithm.

    Some people:D
     
    #187     Jul 15, 2009
  8. Bwahahahah, spoken like the true psycho you are! :p

    Yes, I'm looking forward to being famous on YouTube also!!!

    Bwahahahah. :p
     
    #188     Jul 15, 2009
  9. I respect Gann and his theories.
    That being said his research and findings occurred 60 plus years before we had the ability to disseminate charts in other ways using computer technology. Do you not think that we COULD have progressed any in the last 60 plus years in our analysis of price?
     
    #189     Jul 15, 2009
  10. Wah, wah, wah ... poor little sucker, can't take being called out for the fake you are huh?

    Speaking of pissing guys off on the forum ... here's [part of] a PM I got from one of Proflogic's fomer students. :p

    Part I
    ***

    Hi,

    Just wanted to say I'm horrified how Prof is carrying on and on, completely destroying anything he comes in contact with. I've seen him in action and he gets defensive really easy. Here are a few facts you guys may not be aware. With the way he's carrying on, it just re-affirms how little credibility he has and how similar he is to the puretick guys:)

    1. His claims to live trading in his classes. In reality all he does is walks through potential set-ups and helps identify triggers during market hours but at most, he only makes calls. Which is helpful in itself, but live trading it is not. Many have questioned, why call it Live Trading when it is not. And also, many have questioned why he doesn't make a single trade when he pretends it to be live trading. This is brazen and arrogant. For someone as pedantic as he, he should really call it live calls, but that wouldn't suit his purpose/ego.

    2. Watch the video on his website.... ************.com. In it he claims that he INVENTED constant volume bars. Again, not something he can prove, but that's the way he likes it I guess. Now, I could care less if he did or didn't invent them, but it just affirms the brazen attitude.

    3. His video also reaffirms the complete lack of objectivity and is just another example how little credibility they have. First, his good friend is the host... *** is apparently his lawyer buddy and student. Second his testimonials are conflicted and subject to massive bias. The first guy, *****, was/is his broker. The second guy, *****, is the seminar organiser for Singapore/Malaysia. No conflicts there right:)
    ***
    LOL, sounds like a game of THREE CARD MONTY, if ever there was one!!! :) :eek: :D
     
    #190     Jul 15, 2009