Jack Francisco
Private
- Messages
- 10
Hi.
I've been watching volume bar charts and I have a better view of price swings with this type of charts. My question though is about up and down ticks when using volume bar charts.
If trading a 500 volume bar chart and measure the up and down ticks of each bar, lets say, 300 up ticks and 200 down ticks, indicates of the 500 contracts (volume) traded, 300 made prices tick upwards and 200 made prices tick downwards.
Is this reading correct? I don't know why but this sounds a bit strange.
Regards.
I've been watching volume bar charts and I have a better view of price swings with this type of charts. My question though is about up and down ticks when using volume bar charts.
If trading a 500 volume bar chart and measure the up and down ticks of each bar, lets say, 300 up ticks and 200 down ticks, indicates of the 500 contracts (volume) traded, 300 made prices tick upwards and 200 made prices tick downwards.
Is this reading correct? I don't know why but this sounds a bit strange.
Regards.
