Traders Laboratory - View Single Post - [Volume Based Candles] and how to profit
View Single Post
  #12 (permalink)  
Old 03-15-2007, 04:02 PM
brownsfan019's Avatar
brownsfan019 brownsfan019 is online now
brownsfan019 is happy football season is finally here! Go Browns!

 
Join Date: Jan 2007
Posts: 2,299
Thanks: 60
Thanked 144 Times in 91 Posts
Re: [Volume Based Candles] and how to profit

Quote:
View Post
And...do you think dojis hold more importance on a volume based chart? Say...after you witness the doji and all the sudden price starts moving fast as hell, you wanna be in on that as quick as possible, yea?
Tin - I think most/all candle patterns hold their water much more on a volume chart vs. a minute chart. The underlying theory of candles is to visually represent the 'fight' between the bulls and the bears. We also know that the more volume being traded at a particular time, the more movements usually happen. So, if you want to see volume and you want a visual representation of the bull/bear fight, there it is on one clean chart.

Reply With Quote