View Single Post
  #30 (permalink)  
Old 12-22-2008, 10:38 PM
Aleksey_S Aleksey_S is offline
Member
 
Join Date: Dec 2008
Posts: 32
Aleksey_S is on a distinguished road
Analysis for 11.12
After strong gain of the market, at top 1.3265-1.3269 great volumes were generated. In the range of two hours only on the price 1.3266 was total positions of 1425 lots. The maximum volume for a day + the maximum volumes in an hour, after strong movement. Someone`s trying to reverse the market, though a trend and gaining, but to the bottom volumes speculative sale should pass.
On the chart violet-is an hour from 8 to 9, green chart-is an hour from 9 to 10.I use this stuff for intraday trading
The market was forming volume for an hour and a half.That`s enough for reversing. Time factor is really important too.
Volume, price, time.
We wait till the market rebounds from prices with maximum volumes .That happened at 9:35 than under 1.326 it was necessarily to selldeal with very low risk.
This is chart with volumes formed for 60 min per every cluster( max are coloured):



Reply With Quote