Wednesday, May 9, 2012

Up Down Volume Indicator

If you are not using this indicator you should. It is an Xray into the guts of the market, an "internal" It helps you understand what type of a trade day it is. The Pivot Boss Ochoa says there are 6 main types of days. Still reading that book. Interesting though, on the volume indicator, patterns appear to play out in "normal" technical interpretation. Fakeouts telegraph themselves. It is harder to fool up down volume than it is to manipulate price action directly.

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Insightful and Useful Comment!