What makes volume price analysis so crucial?
Volume and price analysis play a major role in trading and investing. Volume analysis helps traders and investors identify whether there is significant interest in a particular security. It also helps to identify potential buying and selling pressure, which can be useful in predicting future price movements. Price...
Hi 👋
In this post I would try to throw some light on the Price & Wave Volume relationship (popularized by late David Weis).
This method may help trades in two ways:
1️⃣Ride the trend
2️⃣Picking the end of a rally
I came across this chart randomly and found that there are a few principles that I can discuss with the help of this chart.
Before reading any...
Price action is the Key.
Use Ultra high volume setup/condition for additional confirmation purposes only.
A combination of Daily and Hourly time frames works well.
Highly recommended only if the Daily time frame is Trending.
Lower time frames say less than the hourly chart gives the confused or mixed-signal, so it is recommended to use for overnight...
