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The HVC chart you posted here is the same thing that I have discovered over the last week or so. The turning points are marked. The other volume signals are more of a nuisance to me, maybe I am ignorant, but I have no reason to complicate my trading.
I would be participating more if my business and trading didn't take up 16+ hours per day. I think this forum (volume, price action, all you need) are awesome, I'm involved as much as possible.
I've been researching this for a very long time...... I really try to not trade for at least the first 5 min.... if you go back and study just the open I think you'll find that 6:38-6:41 PST ish a good trade sets up. I was always taught to stand aside at the open because of what many refer to as "clearing" and I'll be the first to admit the open can be dangerous but it usually pays off! What I do is what I think of as..."we got 'er surrounded" it's easy to draw trendlines with swing highs and lows because the market usually sort of hovers just before the open.
I'm always keeping an eye out for a gapfill also. I'd say do some research, especially Toby Crabel....... that's what got me trading a little earlier.
I had a conversation with Sharky last night and he was emphasizing the importance of not over trading. Get your daily goal and quit. You may remember that TRO advocates the same thing. (this is why he has lots of time to post on forums)
Proper position sizing..... and you know what..... I think the rat knows what time of day the cheese will be waiting for him.