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et20trader
@et20trader
$SWKS chart with 2 similar long opportunities. So why do we take one trade but ignore the other? The answer is volume. We want volume to be on our side or otherwise the price maynot be "ready" for the move.
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et20trader
@et20trader
For volume we need to look at the daily timeframe. Using a customized volume oscillator bassed on Chaikin Money Flow and On Balance, we filter trades whereby volume must be ascending at the time of long entry and vice versa for shorts.
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