THE ESSENCE OF TRADING VOLUME: TOP 50+ VOLUME PATTERNS

VOLUME - The Perfect Lighthouse For Price Forecasting In Technical Analysis.

In analyzing and forecasting price (Forex, Stock market, Crypto, Futures…), the most important of data consists of 2 main factors: PRICE and VOLUME. Of course, in technical knowledge has been mentioned, but most of us go looking for complicated things, but forget the truth: "SIMPLE is the BEST".

In this book, I want to highlight the role of Volume. Volume is no different from a Lighthouse guiding the way for analysis and judgment, it contributes to creating the Trading Holy Grail of us. Because if there is only price without volume, the price movement is only more than half of the reliability. Volume shows the reaction of the big SHARKs ("The Ruler") in the market, Volume also shows the strength - weakness of the price trend, it shows where is a reliable support or resistance level... I can conclude that if there is no price, there is no data to analyze, but if there is a price without Volume, the data is not enough to make an accurate prediction. Literally, Price without Volume is like a light-eyed man groping in the dark.