Anatomy of a Trend- Volume by Volume!

[bvpraveen]

Hi Winston,

I will not buy Pidilite for sure. I just had a look at the charts, and I am attaching one with my annotations.

Regards,
ss.

Hello Sunil,

Your volume analysis on Ramsarup was great.

I tried to interpret the volume of Pidilite. Please refer to the attached chart.
Can you please comment on the same - where i'm correct and where i'm wrong.

Thanks and regards,
Praveen.

 

[Linus]

Here we take a look at the volume action in HLL on a weekly chart. I love weekly charts, and the volume analysis on a daily chart assumes that you have had a good look at the Weekly chart and then trade accordingly. Needless to say 10 period average on a Weekly, translates into a 50 period on a Daily.

Regards and your feedback and support was excellent!

Thank you,

ss

 

[oilman5]

exellent posting

 

[beginner_av]

Hi Sunil,

Great going. What will yo do if u see a large break out on big volume (like a climax - wrong term since breakout means that it is from consolidation and climax means after directional movement, but just to give u an idea of the magnitude of breakout) on high volume...if it goes above your 15-20 uptick rule...will u enter the trade just based on volume conirmation? If so where will you enter? and what SL will you follow?

regards

 

[bvpraveen]

... (like a climax - wrong term since breakout means that it is from consolidation and climax means after directional movement, but just to give u an idea of the magnitude of breakout) ...

Avi: What are you referring by Climax? Can you please explain it?

Sunil: What does that 15 - 20 uptick rule?

Thanks,
Praveen.

 

[beginner_av]

when theres continuous move in one direction, strangely i have seen this word used more often for selling than buying, towards the end u'll see a big bar where a huge sell off or by has happened....with very high volume..its a bar that sticks out sorely...this is often referred to as climax...
(crude explanation)

 

[bvpraveen]

when theres continuous move in one direction, strangely i have seen this word used more often for selling than buying, towards the end u'll see a big bar where a huge sell off or by has happened....with very high volume..its a bar that sticks out sorely...this is often referred to as climax...
(crude explanation)

Ok, Thanks.

 

[RSI]

Here is my little contribution to this thread. First part of the four part series article (of course downloaded from the net). Please forgive me for not remembering the source

 

[RSI]

Here is the second part

 

[Czar]

would you call today HLL as climax ?