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Futures price volume analysis
Started Apr 1, 2012|Trading Discussion|2 replies
Anyone here use these kind of volume analysis? {image}
Akhh, do you see any mistakes in our trades lately? Or these losing streak is part of the game? We should be able to make back the small loses in 2 successful trades?
Where do you suggest to put the stop?
I'm also very tempted to LONG now, but S&P is still crashing down, so better wait.
It was also based on EW count. But of course, my count was wrong. image
It's below the heavy transacted range. So tried to short.
Short 2 positions of S&P at 1400.5, SL 1404
Close the 2nd position at 1402.5, -0.25. Expect it to crash down fast when 1402.5 broken, but it didn't, so close position.
Take profit 1 position at 1401.75, +0.5
S&P — SHORT 2 positions of S&P at 1402.25, sl 1404
mini S&P futures transacted extremely high volume at 1402.5 ~ 1403.75 range on friday. Big boys building Long or Short positions? image
S&P — mini S&P futures transacted extremely high volume at 1402.5 ~ 1403.75 range on friday. Big boys building Long or Short positions? image
Anyone here use these kind of volume analysis? {image}
Closed 2nd lot at 1401.75, +1.75pts, equivalent to +9pips.
Closed 2nd lot at 1401.75, +1.75pts, equivalent to +9pips.
My friend in HK gives it to me. I guess it's free, but he is a big time day trader who trades in out up to 20 times per day.