I’ve been watching volume-based charts for the last two days, and I’m pretty happy with them. I think they clarify the overall stock movement when there are long, low-volume choppy periods. Primarily because these long choppy periods more-or-less disappear.

However, to keep an open mind, I’m still looking at all kinds of charts after-hours. And, I’m surprised to report that, today, Point-and-Figure charts would have been better charts to watch for both of my trades.

I have more-or-less ruled out tick charts, because I don’t intuitively understand why I would care about quick trades with no volume. And, if the quick trades carry volume, they will show up in my volume charts. Anyone using tick charts want to defend their honor? If not, consider their honor thoroughly stomped upon.

Anyway, on to the trades….
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