Traders Laboratory - View Single Post - Trading With Market Statistics I. Volume Histogram
View Single Post
  #9 (permalink)  
Old 06-26-2007, 03:27 AM
BlowFish's Avatar
BlowFish BlowFish is offline
BlowFish is in da house

Trader Specs
 
Join Date: Mar 2007
Location: Europe Mostly
Posts: 893
Thanks: 24
Thanked 127 Times in 89 Posts
Re: Trading With Market Statistics I. Volume Histogram

Hi Jerry,

Excellent opening post I particularly like the fact your opening described a scenario in a way that would have resulted in a loss (if traded). This is often a far more instructive way of approaching things.

You also hit on (for me) one of the key issues for this type of approach deciding whether a market is still in 'balance' so anticipate a revision to the mean, or whether it has gone 'out of balance' and so we anticipate a directional move to a new balance point.

Very much look forward to the next instalment.

Cheers.

Reply With Quote