tag:blogger.com,1999:blog-6842036031859472688.post8245808297894521520..comments2024-03-20T23:01:34.838-07:00Comments on Art Of Trading: Setup Du JourUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6842036031859472688.post-91386880072261095722008-04-16T23:10:00.000-07:002008-04-16T23:10:00.000-07:00you be correct sir. i went 500 shrs first and i ac...you be correct sir. i went 500 shrs first and i actually added to it as it started to accelerate upwards. usually a powerful setup like i wanna see strong volume kicking the stock up, then a nice low volume consolidation pattern(wedge, coil, pennant) and then i'll buy into the apex of the pattern and hope for that my timing is correct, i always start small and add as the pattern gains credibility.Stewiehttps://www.blogger.com/profile/18426469322190080207noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-23526831491397409202008-04-16T19:20:00.000-07:002008-04-16T19:20:00.000-07:00AG showed a great pattern as your drawn. Volume ca...AG showed a great pattern as your drawn. Volume cames after your entry and confirmed your trade.<BR/><BR/>So does it mean, this isn't a big size trade as AG didn't have volume from the open thru your entry?Anonymoushttps://www.blogger.com/profile/02741693006442417333noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-10087529563172321392008-04-16T16:58:00.000-07:002008-04-16T16:58:00.000-07:00Pat. volume is what gets me to put on a trade with...Pat. volume is what gets me to put on a trade with big size. If i don't see volume, i am not as excited by the trade. Volume equals conviction!Stewiehttps://www.blogger.com/profile/18426469322190080207noreply@blogger.comtag:blogger.com,1999:blog-6842036031859472688.post-10300441613148673352008-04-16T16:56:00.000-07:002008-04-16T16:56:00.000-07:00I know you always buy when there are good candle p...I know you always buy when there are good candle pattern.<BR/><BR/>Do you also combine volume as part of the consideration factor?Anonymoushttps://www.blogger.com/profile/02741693006442417333noreply@blogger.com