Current Run Rate... 2.7B
The number to hold is 2618...
Or ELSE.
VOLUME ALERT NASDAQ !
Started by
SemiBizz
, Aug 03 2011 11:24 AM
13 replies to this topic
#1
SemiBizz
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Volume Dynamics Specialist
Posted 03 August 2011 - 11:24 AM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
redfoliage2
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Posted 03 August 2011 - 11:33 AM
I noticed that volumes on the 5 min charts are drying up. It was a good wash-out earlier today with the heavy volumes.Current Run Rate... 2.7B
The number to hold is 2618...
Or ELSE.
Edited by redfoliage2, 03 August 2011 - 11:36 AM.
#3
SemiBizz
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Volume Dynamics Specialist
Posted 03 August 2011 - 12:22 PM
HUGE HOURLY VOLUME first 2 hrs today.
Another HUGE one coming into CLOSE.
We're just fooling around here... only way market can advance is on thin volumes...
Not very convincing...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
SemiBizz
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Volume Dynamics Specialist
Posted 03 August 2011 - 05:08 PM
Whew...
2.62B on top of a new low at 2621...
That's a lot!
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#5
spielchekr
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Posted 03 August 2011 - 08:12 PM
SB, your work with volume inspired me awhile ago, for which I thank you much. You're great with the raw stuff, me not so much. I have to process it a bit for my own consumption.
Divergence looks pronounced enough here for me to see that the back door has opened up.
Divergence looks pronounced enough here for me to see that the back door has opened up.
#6
Shazzam
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Posted 03 August 2011 - 09:05 PM
What does that volume of 2.2b mean to u?
#7
iloli way
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iloli = I'm Laws Of Line's I(eye)
Posted 03 August 2011 - 11:03 PM
What am I suppose to read from this?
Are we about to rally again?
Can someone teach me?
(Sorry, I don't get how to apply 'back door opened' in proper context of reading this chart)
TIA
Are we about to rally again?
Can someone teach me?
(Sorry, I don't get how to apply 'back door opened' in proper context of reading this chart)
TIA
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#8
spielchekr
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Posted 04 August 2011 - 05:35 AM
Look up the word "pronounced". "Backdoor" in market parlance is the exit few people are aware of or are allowed to use.
And since 2 of the 3 lines are +, they shouldn't even be drawn here.
And since 2 of the 3 lines are +, they shouldn't even be drawn here.
Edited by spielchekr, 04 August 2011 - 05:42 AM.
#9
spielchekr
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Posted 04 August 2011 - 06:58 AM
I'm waiting for your response about the leftmost line that I drew. Do you think I'll need to draw in the one that comes before it?
#10
iloli way
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iloli = I'm Laws Of Line's I(eye)
Posted 04 August 2011 - 07:42 AM
I'm waiting for your response about the leftmost line that I drew. Do you think I'll need to draw in the one that comes before it?
Sorry keep you waiting, but I need sleep too, just got up 5am my time, without washing (did go toilet) I try to response as jiffy as i can.
If you have predictability, you can sure fore draw the one you drew. But for most of us, at the time as far as we could see, we didn't have much choice but to draw the way I do here. Do we have other choice?
So, at the cut off time (as I did), I can use the word "pronounced" and "back door" safely too?
Teach me plz.
TIA
Edited by iloli, 04 August 2011 - 07:44 AM.
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
