Day Trading UNG ETF and Stock Market Help for July 30

By admin · April 5, 2010 · Filed in Stock Day Trading

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Duration : 0:12:17


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Comments

Thank you
Thank you

would try …
would try Lightspeed. We are moving to that platform very soon.

Can you recommend a …
Can you recommend a direct broker that offers the same platform you are using?

Esignal
Esignal

i agree the micro …
i agree the micro cap stock market when monitored can give huge returns [from what i know already]

is doing when there …
is doing when there is little or no volume, when nobody’s trading then the bar in that time is absolutley irrelevant and gives you either wrong signals or makes patterns and price action harder to read. Choosing volume as your timeframe can give you clearer picture of what the market’s doing and on good volume at all times =) I’m sure if you do some reasearch, you ‘ll find more information, this is just the nutshell.

considering the …
considering the market or stock that you trade. (many people I know use it for trading futures, e-mini like TF, there we use timeframe Volume2000 meaning that every bar is finished when there is 2000 in volume, quite simple, of course it sometimes takes 10 minutes, sometimes just 1 minute, depending on the action) The idea is, that time is in fact useless information in trading, you don’t need to know what the stock(commodity/bond…) >>

Well, I don’t know …
Well, I don’t know if your REDIPlus platform can do that, but nowadays in almost every charting software there are few available timeframes that you can use. The standard X-min/hour/week/month etc timeframe and then alternative timeframes that do not necessarily work with the aspect of time but rather with more relevant quantities, like volume. What it simply does is that instead of one bar per minute/hour/etc you get one bar for each amount of volume that you choose >>

I’m not sure what …
I’m not sure what you mean by “alternative volume chart”. I use a volume indicator and alerts. Maybe you know of something that can be useful to me.

hi Andy, I was just …
hi Andy, I was just wondering, have you ever considered using alternative volume chart? I know how you guys perceive volume as an ‘indicator’ and I just thought it might help you in your trading strategies.

ps thanks for the awesome vids and keep them coming! =)

Never. They are …
Never. They are penny stocks for a reason and when they do go they go on manipulation , not real movement. So I avoid them like the plague

correct me Steve or …
correct me Steve or Andy if im wrong, but penny stocks have almost no volume, making that trade very difficult to get in and get out and the spreed might be huge.

Great day andy ! :)
Great day andy ! :) i catched ung on the news it shaked me a lil but i did good 30 c frm that trade ;) thanks for those nice videos

Do you ever play …
Do you ever play around with Micro penny stocks in your swing trading account? The Breakouts can be huge.

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