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Timescale of trading volume prediction

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tremendous
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Username: tremendous

Post Number: 1
Registered: 05-2006

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Wednesday, May 10, 2006 - 09:38 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)


First question -

Over short timescales, like 5 minute, 15 minute, and 1 hour,

can trading volume towards and at a trend reversal be used to predict the likelyhood of a lasting (committed) reversal?

Or is this only for daily trading or longer term?

Second question -

What website or software will show me trading volumes on this timescale?

I might have a demo of Metatrader, if that will do.

I apologise for the basic nature of my questions, but I am not yet a small scale trader as I don't think I understand things well enough not to lose money on average were I to start now.

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