[cowcool]

What is the ideal volume on a channel up/down pattern?

Thx!!

[zdo]

...maybe see VSA ... it's sufficiently granular to create a set of ideal patterns for yourself

[Spydertrader]

Originally Posted by cowcool »

What is the ideal volume on a channel up/down pattern?

Thx!!

B2B 2R 2B

or

R2R 2B 2R

- Spydertrader

[cowcool]

Pardon for my ignorance but what is B2B 2R 2B ? Tried to do some googling but no result is found.

Originally Posted by Spydertrader »

B2B 2R 2B

or

R2R 2B 2R

- Spydertrader

[BlowFish]

In a rising channel you would want to see rising volume as price moved from inside line (right) to outside line (left). You would want to see diminishing volume outside to inside. Put another way rising volume on impulses diminishing on corrections.

At the outside line you might expect a volume surge (climax) however that might push price through, or turn it.(Channels frequently double in size). I used to like entering on those as if you are lucky you pretty much nail the trend change to the tick. Nowadays I try to be more sensible .

At the inside you might expect 'no supply' or volume to tail right off. If you get a surge through at that point there is a good chance the trend line (inside line) is breaking. It might signify the start of a trend change or It also might drift through if the 'slope' of the trend is diminishing or as price goes sideways for a bit.

The easy answer to your question however is 45,632. I have to say from the nature of your (many) questions you are still looking for simple answers where as you really just need to do the work.

[Spydertrader]

Originally Posted by cowcool »

Pardon for my ignorance but what is B2B 2R 2B ? Tried to do some googling but no result is found.

B = Black Volume
R = Red Volume

See Attached.

HTH.

- Spydertrader

[Mr_black]

here is a pic that will help you

[Mr_black]

this is a sample from today Ideal P/V relationship