Volume is a critical yet often misunderstood tool in trading that reveals the strength behind price movements. In this video, we explore how to effectively use volume to confirm breakouts and identify reversals.
- Understand what volume represents in trading.
- Learn the dangers of rising price without corresponding volume.
- Discover how to confirm breakouts using volume analysis.
- Analyze volume during market reversals and what it indicates.
- Recognize high-volume spikes and their significance.
- Combine volume with other indicators like MACD and RSI for better trading decisions.
- Identify the four core price-volume relationships that dictate market strength.
- Avoid common mistakes traders make when interpreting volume.