Received 2 Karmas
alealvarez
alealvarez Jan 08, 17 8:00 PM

Hi Palmer, wouldn't you take a trade if the volume bar is big but red instead of green? Can you tell us a bit more about you prefer them to be green?

alealvarez
alealvarez Jan 08, 17 8:02 PM

Hi @Palmer , in the case there is 100K volume but the bar is red instead of green. Wouldn't you take that trade? Can you tell us a bit more about why you prefer the bars to be green? Thanks

Palmer
Palmer Jan 14, 17 5:48 PM

If the volume bar is red that means the price for that bar closed lower than the open - the bears won the bar. I would like to see a green volume bar because that tells me that the price closed higher than the open = bulls win. It doesn't necessarily mean that price will continue to fail but on big volume I want to see my volume bars green = bulls are in control.

alealvarez
alealvarez Jan 16, 17 10:00 AM

Thanks @Palmer . Thought that my first comment didn't get published because of internet connection.

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