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Old 03-16-2007, 08:54 PM
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Re: [Volume Based Candles] and how to profit

I am enjoying this too! It's like a light bulb just turned on!

Q: What are you trading?
A: Shares and Contracts

Q: How are they measured, Time or Volume?
A: Volume

Q: What kind of chart should you use, Time or Volume?
A: VOLUME!

hahahahaha I love it!

Now I just need to figure out (1) how to determine what size volume bars to use and (2) how to read candles!

I guess the volume bar size that you should use needs to correlate to price movement of the instrument somehow. ie. How much volume causes the price to move. I'm going to start reading about and studying this right now.

I think this may be the golden ticket. Thank you for pointing me in this great direction.

::EDIT:: Go Browns!!!!

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