Chart-Ex / New Volume Momentum

[Lisa Erdmier]

Good Trading Day;

 

Volume Momentum

 

I am working on a new tool that I feel will be helpful to traders. It is called Volume Momentum. During the first stage I will be e-mailing people on my mailing list the volume momentum numbers,from highest to lowest, for the CBOT contracts I carry.

 

What Volume Momentum is: The day's pivot number subtracted from the last trading day's highest volume number (POC).

If the difference is positive, it shows that the last trading day's high volume number (POC) is above the pivot number for today's trading day.

If the difference is negative, it shows that the last trading day's high volume number(POC) is below the pivot number for today's trading day.

Traders will be able to gauge where the last day's trading volume was in relation to where the day's market pivot number comes in.

 

During the next stage, I will display this information graphically. Please give me your feed back.

 

Volume Momentum numbers for Tuesday's trading day;

 

Contract             VM

Soybeans           2 1/4

Soybean Meal     0.30

Soybean Oil        0.03

Corn                   -2 1/2

Wheat                -3 1/4

10Yr. Note           0.0

30 Yr. Bond         0.0

mini-sized Dow    -3.0

Gold                   0.10  Go to www.chart-ex.com to view the charts!!!

--
Lisa Erdmier
President, Chart-Ex LLC
in...@chart-Ex.com
847-784-9252

[Silversea]

Lisa,

 

   There is a Service called Market Volume :http://www.marketvolume.com

   Volume based technical analysis of broad market indexes.

 

   Volume Surges because large Surges always precede Price Reversals. Volume technical analysis incorporated in any trading system reduces losses by at least by 50%

 

  They do not provide the volume for the Bond Market  or TLT. If you can figuire a way to do that for the Bonds or other markets it would really take off in demand. They found a way to separate the selling volume from the buying volume and then monitor and display the accumulation of both, YOU may be able to do that too for other markets.

 

 Regards,

 AL

Bond Trader

ES Trader

Palm Beach,FL

 

Lisa Erdmier <li...@chart-ex.com> wrote:

---

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Check out fitting gifts for grads at Yahoo! Search.

[Silversea]

Following on the same idea of what MarketVolume.com is doing for the Indeces. Is it really possible to differinciate and separate the Selling Vol. from the Buying Vol.? or is it a graphical VISUAL  trick the have invented? do the exchanges really provide that king of information? 

 

Lisa Erdmier <li...@chart-ex.com> wrote:

---

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[Lisa Erdmier]

Hello Al,

 

Great idea!!

I checked with the CME and they don't have the end of the day Buy/Sell available. I will check with the CBOT and keep you updated.

 

Lisa

 

847-784-9252

[fjd...@cox.net]

Lisa,

I think the new approach provides a better understanding for the volume momentum numbers. i.e. pivot-poc=vm. I think for a better reward to risk ratio, most people understand that entering on pullbacks is best. This might help to drive this idea home.

Thanks
--
Floyd

---- Lisa Erdmier <li...@chart-ex.com> wrote:
> Hello Floyd,
>
> I could do it for NQ, but it would later. I don't get the CME end of the
> day data until 11:00p.m.CST.
> Let me work on this.
> In the meantime do you want me to continue in sending the Volume momentum
> numbers?
> If so, I am currently subtracting the POC from the Pivot, but I am thinking
> that it would be better to subtract the Pivot from the POC, to show traders
> if the Pivot Point is above or below the POC.
>
> i.e for the mini-sized Dow the VM would be +61 = 13596(Pivot) - 13535(POC)
> which shows that there is volume support under the pivot number.
>
> What are your thoughts?
>
>
>
>
> On 5/28/07, fjd...@cox.net <fjd...@cox.net> wrote:
> >
> >
> > Lisa,
> >
> > I find this very interesting. Will you consider doing it for the NQ also?
> >
> > Thanks
> > --
> > Floyd

> >
> > ---- Silversea <silverse...@yahoo.com> wrote:
> > > Following on the same idea of what MarketVolume.com is doing for the
> > Indeces. Is it really possible to differinciate and separate the Selling
> > Vol. from the Buying Vol.? or is it a graphical VISUAL trick the have
> > invented? do the exchanges really provide that king of information?
> > >
> > >
> > >

> > > ---------------------------------

> > > Get the Yahoo! toolbar and be alerted to new email wherever you're
> > surfing.
> > > >
> >
> >
> > >
> >
>
>

[fjd...@cox.net]

Lisa,

Yes, the vm numbers if followed for a period of time might reveal something quite useful. I would like to see the numbers daily.