nikoschopen
2,824 posts
msg #44340
- Ignore nikoschopen |
5/28/2006 9:19:26 PM
Clam,
Although I don't actively analyze volume on intraday charts, I do closely follow how much shares are exchanged via the TOS window. The importance of TOS, in conjuction with Level 2, cannot be stressed enough--especially if ure a daytrader.
HTH
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as214
184 posts
msg #44341
- Ignore as214 |
5/28/2006 9:22:59 PM
Niko,
Level 2 is manipulated bigtime. Times and sales is much better to use. Heck, Level 2 is so worthless that Id put more credence in the time series forecast line of prophet than I would on Level 2.
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nikoschopen
2,824 posts
msg #44342
- Ignore nikoschopen |
5/28/2006 9:26:45 PM
However that may be, I would think many day traders will not touch anything unless L2 and TOS are available to them.
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petrolpeter
439 posts
msg #44326
- Ignore petrolpeter
modified |
5/29/2006 12:05:26 AM
No,it's not just you.These MA's,EMA's,SMA's and DMA's look like their whipping back and forth behind price as if their hooked from a rope on ice!
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