1- Importance of volume 2- Volume price relationship 3- Average high & low volume 4- Importance of background info
Learn how to use volume in trading and how to read the markets.
In this video I have explained the difference between how the usual traders & professional traders function.
Its important to understand the crowd behavior when it comes to trading so that it can help you decide what side you should be on, the crowd, or the professionals.
Professional traders accumulate and distribute stocks in a systematic manner. Understanding this concept is of prime importance in trading.
Why is volume so important in trading
Speaking about the importance of volume, randomness and the market professionals
After a short bull move on gold uptil 1734, I am now seeing lessened bullish pressure and increase in the selling volume of insiders. Expect prices on gold to test back to 1705.
The one last push down in the gold markets today was a sign of the insider traders testing the market supply before they push the prices up into the 1750s zone. Buying opportunity has started.
CADJPY has a potential for a short term sell. The insiders are surely not supporting the upmove.
Gold prices have been supported in the last few sessions and the supply is looking dried up. Expecting a short term bullish move to at least 1740. Market insiders in play.
SELL GBPJPY SHORT TERM SELLING BY MARKET INSIDERS
BUY EURJPY SHORT TERM BUYING BY MARKET INSIDERS
BUY CHFJPY SHORT TERM BUYING BY MARKET INSIDERS
BUY AUDCAD - SHORT TERM BUYING BY MARKET INSIDERS
BUY ETHEREUM- SHORT TERM BUYING BY MARKET INSIDERS
BUY CADJPY- SHORT TERM BUYING BY MARKET INSIDERS
BUY CADCHF- SHORT TERM BUYING BY MARKET INSIDERS