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Old 02-22-2011, 10:03 AM   #49

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Re: Trading Momentum Moves Intraday

FUlcrumTraderr is it possible by multicharts use your trading method?
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Old 03-05-2011, 07:38 AM   #50

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Which Calculation Mode Do You Use?

FulcrumTrader,

thank you for your informational videos and posts. Maybe I have overlooked the answer to my question so hopefully you can appreciate this.

I believe you use the regular BidAsk CD, but I've seen also UpDownTick and UpDownTick with continuation mode which means for the latter, that the following volume, after the initial UpDownTick, is assigned to the side of the last direction. If the last direction was up then all the following volume at this current price will be assigned to the ask and vice versa. If am not mistaken.

Occasionally I see aggressive up moves with confirmatory CD (BidAsk) and then the price pause a little bit in a range, but the CD (UpDownTick) makes a quite meaningful down move comparatively to the price move.

I thought maybe 'professionals' are buying warily the downticks in this consolidation range (accumulating) after the up move and then selling (distributing) into the next up move without great influence. After having accumulated circa 90% or so, they lift the offer and buy the last portion aggressively to revive the up move to lure out the 'amateurs' until they can't resist and buy into higher prices.

Hopefully you noticed this too and could also give some of your interpretation for this 'unverified supposition' I would say.

Thank you again very much!
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