Traders Laboratory - View Single Post - No volume analysis
View Single Post
  #3 (permalink)  
Old 12-23-2006, 11:06 AM
Dr Who Dr Who is offline
Dr Who has no status.

 
Join Date: Oct 2006
Posts: 59
Thanks: 0
Thanked 0 Times in 0 Posts
This member is the original thread starter. Re: No volume analysis

Quote:
View Post
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.
Thanks for the reply Soultrader.

Reply With Quote