Volume Charts - How do You Trade These things ? Moving Averages, Indicators You use, Methods, Entries, Exits, hold times, products traded, Anything of use ? Vol weblinks? Chart pics you can post? -
I love to bitch about "volume" when I get the chance... like now. Significant highs/low/breakouts can occur on low or high volume. That only speaks to "the minute". Chasers think/hope it speaks to the future/follow through. It doesn't. Even at its "apparent best", volume is a LAGGING indicator. All traders who consider volume in any way... should FOGGETABOUIT. Volume considerations are NOT RELIABLE!! ( I get it... dissing "volume" is heresy. True nonetheless. OK, all you "volume devotees"... come at me... lemme have it. I'm ready!)