Very insightful observations BH. I hope that many many intraday day traders, large and small, (but particularly large) follow your guidance.
Why do these pointless threads get so many responces?. You know what's also simple?...taking a shit. Maybe I should start such a thread.
I think you've made a fine start already But perhaps these threads are initiated to help/inform others I read the most ridiculous statement by Mr Hershey for example about volume leading price and it behooves all of us to as you say.. to take a shit on that lie
Proof that volume follows price: look at volume by price. At some "low" and "high" prices there isn't much interest -- not much volume. But as price approaches points where there is interest -- more volume! Could that have something to do with support/resistance?
I guess ya got me there, bro - heheh! Too bad a life devoid of humor can be such a solemn existence! And before I scurry off to lick my wounds (from the battles of oneupmanship ) , may I impart a bit of aged wisdom: don't take yourself too seriously - life is far too short! (And I'm thinkin' medical studies have shown it can even be hard on the ticker ... but, now, don't quote me on that one )