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Volume and reversal

  #9 (permalink)

Trading Experience: Advanced
Platform: nijia trader
Broker/Data: A.M.P. I.Q. ....C.Q.G.
Favorite Futures: ym
Posts: 525 since Mar 2012
Thanks: 104 given, 263 received

volume spike

just the fact there is higher volume points to larger traders are involved. just retail day traders like us are not going to spike it that much. in general terms if you see a large red bar with high volume then a reversal. not all of the people in the lower part of the bar were sellers . even if the trade was executed on the ask. if the high volume comes when price is braking out of longer s/r it means some thing different.

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