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Monday, September 12, 2005

VOLUME

I have written about Volume in trading before, concluding that volume doesn't matter that much in futuretrading. But now I read a truly good contribution about the influence of volumeon trading from Brett Steenberger. His conclussion is in line with mine observation. But he is empahsising the importance of who is trading in combination with volume. I have to study his insights to fully understand what he is saying and will come back to this later.

The market maybe in a reversal phase now closing below the 5000 level but well above the lower border of the the range 4965 and 5000.




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