Jump to content
  • 0

Price fluctuation with no volume?


Guest Beginner trader

Question

Guest Beginner trader

I'm a beginner trader and was wondering how it is possible to have price fluctuation on no volume levels? Since i cant attach any images. Here are the details.

Oil - Brent Crude (A$1) - 1 min 

Fri 29 May - 14:00 Candlestick. 

Highest: 3570.8 Lowest: 3564.8 Volume 0 

Any comments would be much appreciated. 

Thanks in advance

Link to comment

3 answers to this question

Recommended Posts

  • 0
1 hour ago, Guest Beginner trader said:

I'm a beginner trader and was wondering how it is possible to have price fluctuation on no volume levels? Since i cant attach any images. Here are the details.

Oil - Brent Crude (A$1) - 1 min 

Fri 29 May - 14:00 Candlestick. 

Highest: 3570.8 Lowest: 3564.8 Volume 0 

Any comments would be much appreciated. 

Thanks in advance

Hi, price moves not only by being pushed by more new orders arriving and getting filled but can also be pulled as through a vacuum of no orders.

Also intraday collection and collation of volume is problematic as is daily volume for that matter and you will often see the daily volume bar not completed til some time into the next day.

 

Link to comment
  • 0

Also, I've still idea what 'tick volume' represents.  Is it activity on IG's platform only?  And why can't tick volume be included in PRT charts?  The old chartists emphasized volume very heavily but almost nobody bothers with it nowadays.

Link to comment
  • 0

tick volume measures number of orders filled but not the size of the orders so registers more like volatility and the speed of the market rather than actual size.

For normal volume and the time it takes to collate the data the moving average is a better indication of falling or rising volume over time unless there is a sudden spike. 

  • Like 1
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      23,597
    • Total Posts
      96,959
    • Total Members
      44,166
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    lol
    Joined 03/12/23 01:36
  • Posts

    • Trade statistics of the 'Triangle 8th' system as of 12/03/2023 Gain: 102.00% Profit: 781.52 USD Funds: 1,400.18 USD Balance: 1,781.52 USD Beginning deposit: 1,000.00 USD Withdrawals: 0.00 USD Top-ups: 0.00 USD
    • Name of stock - Vox Royalty   Name of Stock Exchange - NASDAQ   Leverage or Share dealing - Leverage   Ticker - VOXR   Country of the stock - Usa   Market Cap - 100M
    • It is a best practice to buy dip and sell high but this strategy mostly doesn’t go as planned because you can’t predict the final bottom. Some traders BTD anticipating a potential pullback which mostly doesn’t happen and this force some into panic selling. DYOR is mostly advisable but some people fail to know which analysis they should focus more on. When deciding to hold a token for a long-term FA is very important and its cardinal point should be thoroughly scrutinized before making such a decision. These points include; Whitepaper, Road map, and Usecase. These points have a huge impact on deciding how long to hold a project and also booast your confidence in the project's bullish potential.  The first principle in this industry is “invest what you can afford to lose" though many neglect this principle as such when a project is going through a price correction they panic sell and sell at a huge lost. Most normal regret their decision later when they see the project back on track. Once you adhere to the first principle you hardly fall victim to panic sales. Note that it is mostly not advisable to hold meme tokens una less you are convinced because meme goes with the hype and finds it hard to retest its ATH once the hype is over.  Anyway what are your trading strategy and principles you adhere to most?
×
×
  • Create New...
us