I'm lousy at close trading.
The 60,30 min ATR is what can setup that mother of all trending
moves, who has a time and price to reenter, I cant miss it.
I have to sell hpq or hog to do it. Timing is everything.
Semi, what's the volume read?
akam advice, semi?
Started by
AChartist
, May 07 2008 09:45 AM
4 replies to this topic
#1
AChartist
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- Traders-Talk User
- 5,800 posts
Tim
Posted 07 May 2008 - 09:45 AM
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#2
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 07 May 2008 - 09:53 AM
I'm putting up the monthly here, but you need to go and look at the weekly to see why it stalled out here. On the weekly two big volume candles bracket this at 38.25. If it can break over them and close there...then it may try and make a run to test that big monthly volume October high(41.45)... I don't like risk/reward myself. Sure had a nice runup though.
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
#3
AChartist
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- Traders-Talk User
- 5,800 posts
Tim
Posted 07 May 2008 - 10:18 AM
Thanks semi, what a guy, I'm learning from you.
I'm putting up the monthly here, but you need to go and look at the weekly to see why it stalled out here. On the weekly two big volume candles bracket this at 38.25. If it can break over them and close there...then it may try and make a run to test that big monthly volume October high(41.45)... I don't like risk/reward myself. Sure had a nice runup though.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#4
SemiBizz
-
- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 07 May 2008 - 10:26 AM
The answers are in the charts... I am just a traffic cop giving you directions.. 
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
SemiBizz
-
- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 07 May 2008 - 03:27 PM
So today looks inside on lighter volume... my guess is this pup pulls back to that 34.XX area then makes another run...
Not touching it here.
http://bigcharts.mar...&mocktick=1.gif
Not touching it here.
http://bigcharts.mar...&mocktick=1.gif
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
