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Old 06-25-2009, 11:14 AM   #49

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Re: Open and Free Discussion on Volume

I always bought into the rule of thumb of having charts separated by about 5 -7 Times. Using the 15 seconds as a pressure gauge it doesn't really seem to matter that its a long way removed (20 times) from the 5min. In some ways it makes it easier to 'snap back out of it' as it is kind of 'abstract'. Interestingly you do see the same sort of patterns develop (as you might expect).
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Old 06-25-2009, 04:23 PM   #50

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Re: Open and Free Discussion on Volume

Wow, thread really got going. Amazing how some great things can come out if you just let them. No need for overzealous mod's to shut threads down.

There's some great info presented here and that's all my intention was. I thought the other thread on volume had some promise but it was quickly shut down so I started this one.

Keep it up guys.


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Given the collective intelligence and experience of those who are involved, it seems like such a waste.
If my little area & this thread is beneath you DB, please feel free to show yourself the door and head back to your area. As my first post stated, this thread is to discuss volume where a mod isn't going to shut it down. A place where people can post w/o worry of a thread being closed, moderated or changed in any way. I'm trying this new radical thinking when moderating an area.

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Old 06-25-2009, 06:59 PM   #51

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Re: Open and Free Discussion on Volume

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Originally Posted by brownsfan019 »
Wow, thread really got going. Amazing how some great things can come out if you just let them. No need for overzealous mod's to shut threads down.

There's some great info presented here and that's all my intention was. I thought the other thread on volume had some promise but it was quickly shut down so I started this one.

Keep it up guys.




If my little area & this thread is beneath you DB, please feel free to show yourself the door and head back to your area. As my first post stated, this thread is to discuss volume where a mod isn't going to shut it down. A place where people can post w/o worry of a thread being closed, moderated or changed in any way. I'm trying this new radical thinking when moderating an area.

Except for mat and a couple of others, however, none of it has anything to do with Wyckoff. Your forum, on the other hand, is just perfect.

Enjoy.
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Old 06-25-2009, 07:53 PM   #52

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Re: Open and Free Discussion on Volume

I just looked at slow corn after some time.

Volume ... additional hints ... ...

I am not sure how tradeable it was in real time,
but look at the volume spike at bar 1633.
Selling started and continued during the next 7 minutes (6 bars) -> signal ?!

Then just watch what happened later (pull back and ...).

So here is my chart from today's (25.06.09) session (between the vertical lines).

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Old 06-25-2009, 09:01 PM   #53

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Re: Open and Free Discussion on Volume

There are a thousand ways to scalp a cat!

Now look at this one!

There is a 50 linear regression channel with 2 SD bands instead of the ADXVMA.



And not to forget about trendlines and s/r lines,
flips and ... you know!

Hal

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Old 06-25-2009, 10:26 PM   #54

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Re: Open and Free Discussion on Volume

Confused?

Just one more.

Guess what it is, but doesn't it makes sense?

Another view:



Well, it seems to be, that all truth is a tale, that ...


Hal
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Old 06-26-2009, 05:39 AM   #55

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Re: Open and Free Discussion on Volume

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Originally Posted by BlowFish »

The current flavour of the month is this 15 second DAX with volume. I am growing to like it in fact I have a strong hunch that one might be able to scalp from it alone without much regard for 'context'. I am sorely tempted to put together a simple scalp strategy more (maybe solely) focused on the 15 second chart. It just seems to be working real nice on the DAX right now.
Have to be pretty quick in making decisions based on 15sec
Have you tried looking at 1min on Dax, I am trying to blend volume aspect with Al Brooks setups, then they make much more sense at least to me otherwise it is easy to get caught up in trying to fit in an unfolding pattern or setup in the many sometimes overwhelming number of terms employed by Al, the latter process was beginning to distract and giving a headache))
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Old 06-26-2009, 05:48 AM   #56

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Re: Open and Free Discussion on Volume

Hi rigel I don't actually trade from 15 seconds (though the paterns that brooks talks about occur there) it is more a kind of barometer to try and judge 'pressure'. One has to be careful not to get 'drawn in to' that chart.

What these fast charts seem to show better (on the DAX at least) is the sudden short peaks of activity. Often after a spike in activity you get a 'rest' which means that the spike can get lost on slower charts. Its a way of looking inside the bar if you like.
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