Something for the Volume traders


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  • beyondMP
  • 13-Dec-2008 at 5:11 PM
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Here is a a way to watch volume during the day that might help some. This will probably make more sense to those of you that have an understanding of Market Profile.
The chart attached shows the volume rotations using 30 minute brackets. You can see that price has a strong tendency to bounce from POC to POC. The second chart uploaded has price bars overlayed and I think you will see how this actually might be helpful.


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  • koolblue
  • 13-Dec-2008 at 7:33 PM
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Excellant chart with very useful info. Great work,Beyond!
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  • leobust
  • 14-Dec-2008 at 3:09 AM
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What charting software you use? If don't mind me asking.
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  • beyondMP
  • 14-Dec-2008 at 11:35 AM
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This was done with Ensign. It is the only charting software, I am aware of, that allows you to view the information in this manner.
I don't mind you asking and I'm willing to discuss this further, as long as it is done in a sincere and respectful manner.
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  • pt_emini
  • 15-Dec-2008 at 12:00 AM
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Top Gun charting software also provides this type of a rotation breakout using volume profiles. They advocate using a 5 minute profile, then look for breakouts from the little value areas.
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  • beyondMP
  • 15-Dec-2008 at 1:11 AM
  • Rep: 1,236
  • Posts: 141
I can see how breakouts of those areas can be one way trade them, but for me, watching the volume POC's develop realtime provide a better opportunity for me.
Also, using Ensign, I can use volume, tick or time bars, against the volume profiles. I used 5 minute bars against 30 minute brackets in the above example because I thought it would be easier for most to understand. Whatever works best for you is what you should do.
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