Volume Bar Charts: a Tool for Better Insight & Decisions
Presentation: 43 minutes. Q&A 20 minutes. Total time 1hr, 3 min.
Successful traders often use non-traditional methods. A "volume bar chart” differs from the rest because it uses volume instead of time on its horizontal axis.
The market does not know time – it knows only volume, which reflects trading activity. Each bar on the Volume Bar chart is marked not by the passage of time but a certain amount of volume.
Depending on the trading vehicle, a bar may contain 50 or 250 hundred thousand shares, 10,000 or 100,000 futures contracts, etc. – the exact number depends on a specific market.
Volume bars provide a unique insight into market behavior. They can help you make better decisions, especially in short-term trading. Kerry shows how to construct Volume Bar charts and use them to identify trading opportunities.
All classes are followed by a Question & Answer period. The total length of a recording, including the Q&A, is slightly over an hour. All recordings include a PDF of the presentation.