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Originally Posted by TRADE you might want to read this thread: http://www.moneytec.com/forums/f118/...e-price-19515/
and the book: the undeclared secrets of the stock market, or the updated version, master the markets by tom williams. one of the best books on/for trading around.
tick volume is and can be a powerful tool if you know how to use it through understand its advantages and limitations.
do some research into it yourself, and formulate you own opinion on the matter. I'm sure you will find you will not have wasted your time if you follow the above.
good luck |
Trade
Have yo say i totally agree with you. My answer to johnny was too short but in fact i use ticks volume. I use an indicator called Vratio and in 5 min charts i trade based on 4 h trend. I have solid winners.
My final concept is ticks volume is different from stocks volume but can be useful in your intraday trading if you learn how to use it.