Recent content by Nick Radge

An update of that QBE example above. Prices have continued to push higher. I wouldn't be surprised to see a range develop now.

I highly recommend Amibroker. Service/support is exceptional and it has a large community where help/ideas can be gleaned. For the cost is certainly beats many otgher products. The only issue I found is that futures can be complex to simulate, but for equities/fx its great.

I'm not sure I agree with the term 'dangerous' when it comes to decison making in the markets. It implies a degree of certainty, of which there is none. Decision making is about probabilities which are either taken from a systematic or quatitative simulation or from experience. In this example...

Another good example is the following chart of the broader Australian market. In July last year we saw a significant and swift decline of some 17% which culminated in a massive wide ranging bar with the close at the sessions high and a 50% increase in volume. This is the buyers meeting the...

Let's take a look at a current example. This stock, QBE Insurance (QBE.AX), has been a market darling for many many years yet has slowly been trending lower from about $28. Note back in August last year the stock moved to new lows and points 'a' and 'b' we see large volume days, both of which...

In part 1, I discussed two examples of how and why volume can show the changing face of supply and demand. When the order of supply and demand is change we will get a change in market direction, sometimes a significant change in trend or otherwise some degree of retracement of the prior move. We...

Thanks for your comments wallstreetwarrior87. I agree fully that skimping on data is fraught with danger. The data provider I use is subscription based, clean and accurate. I have used this provider for the last 12-years for stocks, futures and FX without issue. Its fully adjusted for corporate...

The power of correct volume analysis cannot be overlooked. Unfortunately the ability to read volume correctly is not readily discussed or freely available. Off-the-cuff remarks such as, “increased volume on advances is bullish and increased volume on declines is bearish” are bantered around but...