Volume charts for ES

Discussion in 'Index Futures' started by millionaire7, Oct 23, 2008.

  1. millionaire7

    millionaire7

    hi,

    I am using 10000 volume chart for ES and seems to be fine.

    But any other suggestions how much volume is good for
    day trading ES.

    Thanks for any reply.
     
    #1     Oct 23, 2008
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  2. RedDuke

    RedDuke

    Search for Proflogic posts. He wrote a lot about using volume chats.
     
    #2     Oct 23, 2008
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  3. ITR2744

    ITR2744

    10000 for ES seems fine in general. A lot of people in the PA journal use this size.

    BUT: You shouldn't choose a size just because others trade accordingly. You should test some numbers and choose the one you are able to see patterns easily. This is quite subjective and what works for one trader is a mess for another trader...
     
    #3     Oct 23, 2008
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  4. Tums

    Tums

    Take a day's average volume... divide it by 81... you will have a chart of the same width as a 5 min chart.
     
    #4     Oct 23, 2008
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