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rick64

7,636 Posts.

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25/07/21

11:48

Post #: 54753221
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Originally posted by slick: ↑

Hey Buddi, I'm a bit of a simpleton but intraday if I see volume dropping off then I read that as sellers are drying up and it's time to pay attention for a potential reversal. I also pay attention to the opposite for when in a nice trade and volume increases, I see that as an important time to focus as either a "blow off top" is immanent or distribution has begun.
As Jnnl has said, after many many hours of drooling over live charting you will become familiar and more comfortable with PA linked to your favourite indicators.

Cheers.

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@slick
Hi mate, when you see massive bids such 4mil and 8mil coming in and getting hit such as DRE on Friday is it definately instos?
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