Friday, March 23, 2012

Friday +12

Reasonable day.

I am seeing this with the volume-spike trades:

They hit when we get the volume spike, the yellow indi and are getting turned around by a level. Which isn't surprising..the vol spike and yellow indi will go together fairly naturally. The level just makes for a better trade.

Looking at the 5min chart, the trade that could have been held for quite a bit was obvious, it was with the 5min trend, and we had made a new low before the pullback.

The other thing that I am noticing is that the vol spikes show the trend direction to some degree...again, not surprising.

I included the 6E chart to show the vol spikes on it, since I am using that chart for those trades








































































1 comment:

  1. Nice day man... good looking scalps. Nice work with trying to create a method with the volume.

    ReplyDelete