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I remember I went over seas for 8 weeks and forgot about this thread.
Ill attempt to add to it as time goes by. There is some good stuff here from
Sir O.

But I want to spend a lot of time on Volume Can OZ you will see when I get to your expertise
And I would like for you to Chime in as well I know you have done a lot of work in these areas.
Joules your also no slouch in T/A and would appreciate anything you would like to post.

If anyone else wishes to add please do.

There is also a Q&A thread which Id like people to use to keep this as clean as possible for those
referencing it.

To my Favorite Topic

VOLUME

Volume can be both a sign of weakness and a sign of strength.
People find and rightly so that this is counter intuitive. Strength yes
but how can it pre empt weakness?

What does high volume show?
(1) Supply swamping demand
(2) Demand swamping supply
(3) Supply SELLING into demand
(4) Demand BUYING into supply
(5) Accumulation Volume
(6) Distribution Volume

Technical traders need to be able to recognize each.
There is a difference and its NOT subtle. Its Glaring.

So How can I tell which is which.
Lower time frame data is very handy but you can see it in daily and even weekly charts.
However longer time frames mean it takes longer for us to CLEARLY recognize whats happening.

Here are a few charts building a volume story for SBM
Not all types are shown and there is much more I can help with as far as reading the chart for
possible future outcomes. Again TIME!!!! Grrr.

I will return but guests are here!

[ATTACH=full]95817[/ATTACH] [ATTACH=full]95818[/ATTACH] [ATTACH=full]95819[/ATTACH] [ATTACH=full]95820[/ATTACH]

What we need to look for is not JUST Really Excessive Volume and range BUT
also CLUSTERS of unusually high volume.
Range can tell us a great deal.

In lower time frames clusters can and do form 1 bar in a higher time-frame
This can tell us a great deal about the final bar as to likely type of volume.

<blockquote data-quote="tech/a" data-source="post: 1032843" data-attributes="member: 257">I remember I went over seas for 8 weeks and forgot about this thread.Ill attempt to add to it as time goes by. There is some good stuff here fromSir O.But I want to spend a lot of time on Volume Can OZ you will see when I get to your expertiseAnd I would like for you to Chime in as well I know you have done a lot of work in these areas.Joules your also no slouch in T/A and would appreciate anything you would like to post.If anyone else wishes to add please do.There is also a Q&amp;A thread which Id like people to use to keep this as clean as possible for thosereferencing it.To my Favorite TopicVOLUMEVolume can be both a sign of weakness and a sign of strength.People find and rightly so that this is counter intuitive. Strength yesbut how can it pre empt weakness?What does high volume show?(1) Supply swamping demand(2) Demand swamping supply(3) Supply SELLING into demand(4) Demand BUYING into supply(5) Accumulation Volume(6) Distribution VolumeTechnical traders need to be able to recognize each.There is a difference and its NOT subtle. Its Glaring.So How can I tell which is which.Lower time frame data is very handy but you can see it in daily and even weekly charts.However longer time frames mean it takes longer for us to CLEARLY recognize whats happening.Here are a few charts building a volume story for SBMNot all types are shown and there is much more I can help with as far as reading the chart forpossible future outcomes. Again TIME!!!! Grrr.I will return but guests are here![ATTACH=full]95817[/ATTACH] [ATTACH=full]95818[/ATTACH] [ATTACH=full]95819[/ATTACH] [ATTACH=full]95820[/ATTACH]What we need to look for is not JUST Really Excessive Volume and range BUTalso CLUSTERS of unusually high volume.Range can tell us a great deal.In lower time frames clusters can and do form 1 bar in a higher time-frameThis can tell us a great deal about the final bar as to likely type of volume.</blockquote>

[QUOTE="tech/a, post: 1032843, member: 257"] I remember I went over seas for 8 weeks and forgot about this thread. Ill attempt to add to it as time goes by. There is some good stuff here from Sir O. But I want to spend a lot of time on Volume Can OZ you will see when I get to your expertise And I would like for you to Chime in as well I know you have done a lot of work in these areas. Joules your also no slouch in T/A and would appreciate anything you would like to post. If anyone else wishes to add please do. There is also a Q&A thread which Id like people to use to keep this as clean as possible for those referencing it. To my Favorite Topic [B][SIZE=5] VOLUME[/SIZE][/B] Volume can be both a sign of weakness and a sign of strength. People find and rightly so that this is counter intuitive. Strength yes but how can it pre empt weakness? What does high volume show? [B](1) [/B]Supply swamping demand [B](2)[/B] Demand swamping supply [B](3)[/B] Supply SELLING into demand [B](4)[/B] Demand BUYING into supply [B](5) [/B]Accumulation Volume [B](6)[/B] Distribution Volume Technical traders need to be able to recognize each. There is a difference and its NOT subtle. Its Glaring. So How can I tell which is which. Lower time frame data is very handy but you can see it in daily and even weekly charts. However longer time frames mean it takes longer for us to CLEARLY recognize whats happening. [B]Here are a few charts building a volume story for SBM[/B] Not all types are shown and there is much more I can help with as far as reading the chart for possible future outcomes. Again TIME!!!! Grrr. I will return but guests are here! [ATTACH=full]95817[/ATTACH] [ATTACH=full]95818[/ATTACH] [ATTACH=full]95819[/ATTACH] [ATTACH=full]95820[/ATTACH] What we need to look for is not [B]JUST[/B] Really Excessive Volume and range [B]BUT[/B] also [B]CLUSTERS[/B] of unusually high volume. Range can tell us a great deal. In lower time frames clusters can and do form 1 bar in a higher time-frame This can tell us a great deal about the final bar as to likely[COLOR=#ff4d4d][B] type of volume.[/B][/COLOR] [/QUOTE]

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