Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 685.33

+1.1%

Jan 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (47774)	3/24/2013 9:03:50 AM
From: Harmens	1 Recommendation Read Replies (1) of 222172

GZ, I use volume as a confirmation indicator. If other indicators show me the market direction, but volume doesn't confirm - I do nothing. e.g. recently I sold several gold juniors with low debt and good fundamentals because when the gold price went up (from 1575 to 1610) they went up a little, but their volume was below the average - lack of interest! Some successful traders consider the volume as the most important indicator (I don't). It's good to use it in combination with other indicators. I rely on your model and compare it to my observations. Just wanted to add my 2 cents in an attempt to help you to improve your model. Regards

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next