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Old 02-19-2008, 09:59 AM   #9

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Re: The Basics of Volume Part 1

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Originally Posted by drsushi »
Walter,

I've been trying to learn more about price action and trading with it. You mentioned price action being king espcially via candles. Can you suggest a book or article on candles that and how it provides info regarding price action?

David
we have the candle corner here on TL, powered by the legendary Brownsfan, a candle profesional among us... literature would be Steve Nison... cheers Walter.
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Old 02-19-2008, 10:05 AM   #10

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Re: The Basics of Volume Part 1

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Ok here is the $64,000 question, we all know that when a trend is drying up, that volume decreases- but the real question is- WHEN? You see decreasing volume but unless you become an expert chart reader- you won't know exactly when the turn in trend will take place!
oh yes Sledge, reading volume its not easy... in terms of timing I would use some other easy simple methods... volume can be used as setup info, but not for timing.... 64.000...mmmm maybe more... once you master timing, you are in bussiness... cheers Walter.
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Old 02-21-2008, 02:11 PM   #11

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Re: The Basics of Volume Part 1

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Originally Posted by walterw »
oh yes Sledge, reading volume its not easy... in terms of timing I would use some other easy simple methods... volume can be used as setup info, but not for timing.... 64.000...mmmm maybe more... once you master timing, you are in bussiness... cheers Walter.
Walter-
Can you elaborate on other "simple timing methods" Very interested in learning more about that!
Sledge
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Old 02-25-2008, 04:56 PM   #12

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Re: The Basics of Volume Part 1

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Originally Posted by Sledge »
Walter-
Can you elaborate on other "simple timing methods" Very interested in learning more about that!
Sledge

Sure Sledge ¡¡ maybe I can start a new thread about that... lately I am not having much time but I will try to get that asap... take care... cheers Walter.
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Old 02-28-2008, 09:54 AM   #13

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Re: The Basics of Volume Part 1

Walter-
That would be great if you did have the time.
Thank You!
Sledge
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Old 02-28-2008, 05:50 PM   #14

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Re: The Basics of Volume Part 1

this would be a basic thread where some timiming concepts are being presented http://www.traderslaboratory.com/for...ives-3520.html take care, cheers Walter.
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