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Old 12-23-2006, 10:04 AM
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Re: No volume analysis

In my opinion it would not be wise to excluse volume from your analysis. Volume is the only tool that is not a derivative of price. Therefore the information is pure.

Although I do not necessarily plot volume on my intraday charts, I can read volume through the tape. Perhaps you may want to look into divergence signals using delta like Tingull does. You can also trade price patterns, learn market internals to judge strength and weakness, etc... There are so many ways you can base your trading on. Good luck.

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