Do you know how to tell which is real volume?

Chart 2

 

Chart 4

 

it's going to be hilarious when it turns out not to be 4

 

1

 

None of the above. OP is attempting to spoof ET.

 

Given 1a's fondness for playing Gotcha, you may be right.

 

i need more information.. it could probably be any of the four, but I need to know the time frame and more historical data to establish reference.

 

It would mean we we’re wrong…,


FACT; I’m wrong nearly every day – sometimes multiple times a day

What is so hilarious about that - it simply is – what it is



Feel free to educate me – please

Hate to think you’re being impertinent for no particular reason


btw - what needless hell do you place yourself through when you place a losing trade - or you simply never lose


RN

 

I often think that most anything works in trading, but just having and FOLLOWING consistent rules is the key to staying profitable.

In the right conditions, even monkeys throwing darts at Wall Street Journal stock recap pages proved profitable, although I must say, I haven't been able to train any of those monkeys.

 

Ahh, this reminded me of a favorite Mark Douglas interview I transcribed a while back:

So when I get a signal from my methodology, at the most fundamental level what this is telling me is that the odds are in my favor that somebody is going to come into the market (this is what the pattern means) and bid it higher than here if I bought or offer it lower than here if I sold. That’s all that it’s saying. Now they’re either gonna come or they’re not, and so as a result I don’t look at this as being a ‘right’ or a ‘wrong’; I look at this as ‘How much distance am I going to give the market to move away from my entry point to tell me that they’re either going to come or they’re not, and any further is not worth the cost of finding out.’”