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:176,709 / 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 – 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 don’t 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

  #461 (permalink)
Elite Member
Portland Oregon, United States
 
Futures Experience: Beginner
Platform: Ninjatrader®
Broker/Data: CQG, Kinetick
Favorite Futures: Gameplay Klownbine® Trading of Globex
 
Zondor's Avatar
 
Posts: 1,327 since Jul 2009
Thanks: 1,246 given, 2,635 received

Divergences between Buy/Sell volume and price

Here is an example that I posted in my trading journal yesterday (August 17).

Note red lines on buy/sell volume bars where buy volume was decreasing and sell volume was increasing.

Attached Thumbnails
How to use volume in your trading-zj-ym-20100817-1225.jpg  
Reply With Quote
The following 5 users say Thank You to Zondor for this post:
 
  #462 (permalink)
Elite Member
Germany
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
 
TempletonPeck's Avatar
 
Posts: 199 since Feb 2010
Thanks: 1,129 given, 200 received


Zondor View Post
Here is an example that I posted in my trading journal yesterday (August 17).

Note red lines on buy/sell volume bars where buy volume was decreasing and sell volume was increasing.


Hi,

thank you, nice chart. I tried to do the same and found some divergence between price and volume, too. I will have a look at this in the future.

May I ask you for the version of the d9phaseshiftoscillator I saw on some of your charts which changes color when the faster line rises or falls. I have only found a version here on futures.io (formerly BMT) which changes color when the faster line crosses the zero line.

Thank you.

Attached Thumbnails
How to use volume in your trading-cl-09-10-512-volume-18_08_2010.jpg  
Reply With Quote
 
  #463 (permalink)
Elite Member
Europe
 
Futures Experience: Intermediate
Platform: NinjaTrader, CQG Trader
Broker/Data: Mirus
Favorite Futures: currency futures, forex
 
Posts: 72 since Apr 2010
Thanks: 36 given, 20 received

divergence volume


Hello,

thank you for posting this. What is the volume indicator you use there (GomDelta-Volume?)

Thanks
Tony


Zondor View Post
Here is an example that I posted in my trading journal yesterday (August 17).

Note red lines on buy/sell volume bars where buy volume was decreasing and sell volume was increasing.



Last edited by tony2604; August 19th, 2010 at 10:33 AM. Reason: typing error
Reply With Quote
 
  #464 (permalink)
Elite Member
Europe
 
Futures Experience: Intermediate
Platform: NinjaTrader, CQG Trader
Broker/Data: Mirus
Favorite Futures: currency futures, forex
 
Posts: 72 since Apr 2010
Thanks: 36 given, 20 received

divergence volume

Got it - BuySellVolumeTotalG39.



tony2604 View Post
Hello,

thank you for posting this. What is the volume indicator you use there (GomDelta-Volume?)

Thanks
Tony


Reply With Quote
The following user says Thank You to tony2604 for this post:
 
  #465 (permalink)
Elite Member
London
 
Futures Experience: Advanced
Platform: Ninjatrader
 
Posts: 3 since Nov 2009
Thanks: 4 given, 0 received


tony2604 View Post
Got it - BuySellVolumeTotalG39.

Is this available for download in the Elite section?

Thanks

Reply With Quote
 
  #466 (permalink)
Elite Member
Europe
 
Futures Experience: Intermediate
Platform: NinjaTrader, CQG Trader
Broker/Data: Mirus
Favorite Futures: currency futures, forex
 
Posts: 72 since Apr 2010
Thanks: 36 given, 20 received

Yes, there it is. I didn´t remember if I got it on NinjaSupportForum or Bigmike, had to find it again. Yes, it is in the Elite section.




dkmtrader View Post
Is this available for download in the Elite section?

Thanks


Reply With Quote
The following user says Thank You to tony2604 for this post:
 
  #467 (permalink)
Membership Temporarily Revoked
United Kingdom
 
Futures Experience: Master
Platform: CQG, TT X Trader, Ransquawk
Favorite Futures: ES, Bund, Euro
 
Posts: 23 since Sep 2010
Thanks: 0 given, 29 received

Just to comment on the original post, it really depends on your style of trading if volume is any good. So for example, if you're swing trading off the larger time frames, then something as simple as a volume divergence can get you into a very nice swing trade. However, if you're a 'day trader' you have to know how to read order flow off your order books, and to do to that properly, you need to use a professional front end as something like NT just doesn't offer it. This is why 99.9% of professional traders use TT X trader, and the fact that some of the better retail brokers are now offering TT X trader for free, if you're a day trader, there's no excuse for not using it now.

Trading is a very generic term, so as mentioned above, how to use volume in your trading really depends on what type of trader you are.

Reply With Quote
The following user says Thank You to Bids for this post:
 
  #468 (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


Bids View Post
Just to comment on the original post, it really depends on your style of trading if volume is any good. So for example, if you're swing trading off the larger time frames, then something as simple as a volume divergence can get you into a very nice swing trade. However, if you're a 'day trader' you have to know how to read order flow off your order books, and to do to that properly, you need to use a professional front end as something like NT just doesn't offer it. This is why 99.9% of professional traders use TT X trader, and the fact that some of the better retail brokers are now offering TT X trader for free, if you're a day trader, there's no excuse for not using it now.

Trading is a very generic term, so as mentioned above, how to use volume in your trading really depends on what type of trader you are.

All that, except the X-Trader part, is very true. If I made the thread new I'd make it totally different. This thread should have been titled "How I was using volume when I created the thread". Times have changed. Maybe I'll do another thread but I have to work out some issues and build consistency as I've been continuosly refining my trading. One thing I'll say is I have been trading some simple price patterns on Euro without any volume at all. Blasphemy!

Regarding X-Trader & Volume, are you talking about the X-Trader DOM or is there more to it? What does it have that is missing in Ninjatrader? I have only seen one thing on the dom and that's the total volume count at each price level. But one can have that with an indicator on a chart. For example a footprint in Market Delta with daily bars will show all the volume for the day at each price. So I'm not sure what X-Trader has that I'm missing.

Reply With Quote
The following user says Thank You to cunparis for this post:
 
  #469 (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

As a follow up to my previous post, I've been trading the Bund in the morning as my main market. But I've been trading the Euro on the side, both with volume and without. Today was just based on some simple price patterns:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Today my euro trading was more profitable than the Bund trading. I experimented with naked trading a year ago and I guess a year later I'm giving it another shot. This is just on the side while waiting for setups on the bund..

The problem with volume is it can be deceiving. As House says "Everybody lies" and volume is no exception.

Reply With Quote
The following user says Thank You to cunparis for this post:
 
  #470 (permalink)
Trading Apprentice
new york, new york
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: spy
 
Posts: 49 since Apr 2010
Thanks: 62 given, 9 received



cunparis View Post
This is a great question. I never really truly understood volume when using Ninjatrader. I switched to tradestation about 5 months ago and that's when I discovered uptick & downtick volume (which TS supports historically & real time) and that's when I got really interested in volume. I don't currently subscribe to CME data (just the emini) so for trading Euro I'm using Ninjatrader and I'm wondering what to use for my volume.

I'm hoping RJay can come up with something. Sorry RJay I didn't have time to check it out yet, will look at it tomorrow I hope.

My current idea is:

- RJay's Better Volume for NT + some modifications I have in mind
- The VSA indicator
- My Momentum indicator which is based on volume


how can i find your 'My Momentum indicator' ?

Reply With Quote

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 07:37 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 2017-12-17 in 0.27 seconds with 20 queries on phoenix via your IP 54.163.209.109