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Price fluctuation with no volume?


Guest Beginner trader

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Guest Beginner trader
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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

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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.

 

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Posted

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.

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Posted

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. 

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