How to use volume in your trading - Traders Hideout | futures io social day trading
futures io futures trading


How to use volume in your trading
Updated: Views / Replies:175,622 / 677
Created: by cunparis Attachments:203

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 203  
 
Thread Tools Search this Thread
 

How to use volume in your trading

  #331 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received


Zondor View Post
Screenshot shows what I have so far.

Delta Volume: Red and Green
Total Volume: Blue
Total Volume, Climax Up: Light Blue
Total Volume, Climax Dn: Dark Red
Total Volume, Churn: White
Total Volume, Low Volume Bar: Yellow

Dashed line in Panel 1 is ADXVMA.

This is an interesting idea, however I will say that I haven't found climax bars very useful except perhaps with daily charts and even then not really. And for HVC & LV you don't even need intrabar data, just the range of the bar and the volume. Also I have the impression that the GOM ladder is more useful for scalping but that may be totally wrong. I don't mean to discourage you, just be clear on the objective. Better volume helps to identify turning points in the market which means you're not scalping but going for a nice move.

The interesting thing last time I exchanged emails with Barry he said he's no longer using Better Volume. He has a new volume indicator to detect professional activity. I have been using it for a month now and so far I prefer better volume. I've tried to reverse engineer this new method and I am unable to do it. I may write more on this in the future but since I'm the only one using tradestation I don't know if it's useful for everyone.

Reply With Quote
The following user says Thank You to cunparis for this post:
 
  #332 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received

2 Euro trades this morning. Volume was key for both of them.

If you're following in the cycles thread, throw the PSO SR indicator on there and you can see it picked the tops & bottoms. However keep in mind that it must be used with "Calculate on bar close" set to true which means it'd be late. So I'm trying to wean myself off of it.

Attached Thumbnails
How to use volume in your trading-6e-03-10-1_6_2010-5-min-1st-s2-trade.png  
Reply With Quote
The following user says Thank You to cunparis for this post:
 
  #333 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received


and the outcome. made a double top so I'm out. Will be looking for a short.

Question : I marked a LVPB. Explain the pullback and why I did what I did.

Attached Thumbnails
How to use volume in your trading-6e-03-10-1_6_2010-5-min-1st-s2-trade.png  
Reply With Quote
 
  #334 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received

One more. No volume involved, just price.

21 ticks total. now I can have breakfast.

Attached Thumbnails
How to use volume in your trading-6e-03-10-1_6_2010-5-min-1st-s2-trades.png  
Reply With Quote
The following 2 users say Thank You to cunparis for this post:
 
  #335 (permalink)
Elite Member
Bensheim, Germany
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Mirus
Favorite Futures: YM, NQ, forex
 
Posts: 18 since Dec 2009
Thanks: 278 given, 15 received

Congrat. Cunparis for todays trades. I like your posts... In # 332 mentioning

"throw the PSO SR indicator", was searching several threads, no result.
Thanks for help...

Reply With Quote
The following user says Thank You to rw48gmx for this post:
 
  #336 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received


rw48gmx View Post
Congrat. Cunparis for todays trades. I like your posts... In # 332 mentioning

"throw the PSO SR indicator", was searching several threads, no result.
Thanks for help...

Look is the d9 particle oscillator thread in the VIP forum.

Reply With Quote
 
  #337 (permalink)
Elite Member
Chicago
 
Futures Experience: Advanced
Platform: custom
Favorite Futures: ES
 
traderlars's Avatar
 
Posts: 96 since Dec 2009
Thanks: 1 given, 88 received

no breakfast yet? you're a badass... sounds like you have lunch later than gordon gecko... lol...

nice trades btw.


Reply With Quote
 
  #338 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received


traderlars View Post
no breakfast yet? you're a badass... sounds like you have lunch later than gordon gecko... lol...

nice trades btw.

I will make a rule: No breakfast until I hit my morning goal (21 ticks). I'll either be profitable or skinny as a rail. Wait I'm already skinny. Hmm...

PS: Your avatar looks like an x-ray of a body part..

Reply With Quote
 
  #339 (permalink)
Big game hunter
NY
 
Futures Experience: Advanced
Platform: Esignal, MBT navigator
Favorite Futures: Currencies
 
Posts: 2,526 since Jun 2009
Thanks: 1,397 given, 2,570 received

Hey Cunparis , nice trades this morning . I sent my 6E chart from today and how I marked it up , all based on volume . Missed a couple entries cause of no fills on limit orders . Its sim and the 3rd day ever looking at 6E - I like it so far . I forwarded an indicator I found on the NT forum and its a tradeguider ( almost ) replica . If anyone here wants to give it a try I found that it could be useful but is a resource hog and my computer is 2 g ram and feels a drag from it .

Attached Thumbnails
How to use volume in your trading-6e-1_6_2010-5-min-6.jpg  
Attached Files
Register to download File Type: zip VPAAnalysis.zip (22.8 KB, 88 views)
Reply With Quote
 
  #340 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received



cunparis View Post
and the outcome. made a double top so I'm out. Will be looking for a short.

Question : I marked a LVPB. Explain the pullback and why I did what I did.

I would say the LVPB is either non-professionals trying to take it lower or profit taking until the next swing up. From a price action perspective I would say there is a reversal taking place at the low of the pullback. If there was true selling volume should increase.

As far as the earlier long trade, I would say that and earlier entry could be possible because if the prior HVC bars is professional buying, and I would say that it is, then the probability on a continued rise is good. Safer to wait on the breakout.

David

Reply With Quote
The following user says Thank You to David_R for this post:

Reply



futures io > > > How to use volume in your trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Cumulative Delta Volume Trading Big Mike The Elite Circle 980 December 10th, 2017 07:17 AM
volume trading indicator tony2604 Traders Hideout 10 March 17th, 2011 03:34 PM
Volume trading - fictive scenario trendisyourfriend The Elite Circle 6 December 16th, 2010 05:16 PM
Price & Volume Trading Journal ZTR Trading Journals 117 February 21st, 2010 04:02 AM
Multi Volume/Time Frame Trading wh The Elite Circle 7 September 15th, 2009 05:55 PM


All times are GMT -4. The time now is 06:41 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-16 in 0.15 seconds with 20 queries on phoenix via your IP 54.145.16.43