Resolved

Discussion: Volume versus Minute candles

Trading Methodology

BillPrivate
Trading Analysis
Tuesday, 29 May 2018

Good Morning Everyone,

I was hoping to start a productive dialogue regarding the use of volume based candles versus, time/minute based candles. I have noticed Will uses them as part of his analysis as well as some of you other guys/gals. I have put some volume and minute charts side by side and noticed the significant differences. I respect the skill and experience level in the room and am willing to bet there is some sound logic behind the choice.

1. As it says "Iron sharpens Iron," would you mind sharing the reasoning behind your preference?

2. What is a good "pair" of charts to compare, for discussion sake? For example: is the 25,000 volume similar enough to the 30M chart to side by side them?

Have a great week everyone, travel safe Will! God Bless all, focus on patience and discipline, B

Comment

jina1958
1 year ago
#305

Good morning.
Safe travels to Will and his family!! Missing class this morning--looking forward to tomorrow morning. I haven't been studying trading that long to have a preference. I do use think or swim to analyze charts and use the tick charts --sometimes the range chart. I am partial to the time/based minute charts. I am wanting to learn all I can about each-I take my time because it can get overwhelming trying to learn it all,,

My charts are: USDJPY EURUSD GBPUSD AUDUSD USDCAD and a few others I look at. I have traded Live-- some good-some bad resutls-but since I have been with Will- I am in the DEMO for right now..
Thanks for the discussion..

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