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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: fftrader who wrote (4292)9/21/1999 1:02:00 PM
From: OZ  Respond to of 18137
 
I do not recognize any different volume requirements between candlesticks and any other types of bars. Liquidity is the only issue. Common minimums for traders are usually 200,000/500,000 or 1,000,000. Depending on the volume distribution, 200,000 can be difficult to use on any type of 5 min. bar. One minute time frames are frequently worthless for pattern recognition on all but the most heavily traded stocks and are therefore better off traded from the tape if one insist on trading illiquid stocks.

OZ



To: fftrader who wrote (4292)9/21/1999 1:11:00 PM
From: marketbrief.com  Read Replies (1) | Respond to of 18137
 
hi fftrader... I dunno if you have seen this already, but I wrote something about liquidity and volatility....

intelligentspeculator.com

~Smart$



To: fftrader who wrote (4292)9/21/1999 4:37:00 PM
From: TraderAlan  Respond to of 18137
 
ff,

You're absolutely right. Candles and liquidity go hand in hand. But you can use a significant candle on a thinner stock when it appears in the "right"location and has a wider range and volume than average for that issue.

Alan