Break high day. Immediately in the matrix is ​​put on bid limits 20000 and 30000 on ask limits. It's all in the sum))
Amateur concludes-shorts, but the mass of money increased, and it is above the high of the day.

yes you are close.
And it's not even that price is not far away. Just compare the first example of the increasing size of orders, and second, where the size decreased. Immediately clear that Long is not supported by the big boys and the time to blame.
If you see that price breaks which is an important level, and immediately increased the size limit orders at ASK and BID, it says the input of money began. If large orders on limits begin to fill a good large size of market orders, it means aggressive side takes that liquidity, which provide at current levels. Hence the price will go further with a high probability.

it's not so easy in practice.
simple example of the day.
In the matrix are limit orders at the bid in the amount of 10000, at the ask, too, 10000, and prints on the tape 300 contracts, they are the largest. High Day 37 50.
Break high day. Immediately in the matrix is ​​put on bid limits 20000 and 30000 on ask limits. It's all in the sum))
Amateur concludes-shorts, but the mass of money increased, and it is above the high of the day.
Prints on the tape began 500 for ASK , 500 for bid , weight of money increase. And then at weak bid limits begin to aggressively take large asks.
market goes higher, the dynamics confirms

Tape reading and interpreting volume is not as simple as "follow the big orders." If it were, then it would be too easy to make money. And it can't be "easy" to make money in the market, for obvious reasons.

Price can move up or down, and for a much longer time than one might expect, on low volume. And a breakout of a level can occur on increased volume, and then fail and go in the other direction on low volume, perhaps increasing volume much later. See the attached chart for an example of this on ES. The two circled areas are heavier volume on the test of the low of the day. After the second test on higher volume, price moves the opposite direction, and initially, for at least 15 minutes, on quite low volume as it drifts up.

I'm not using the tape here but essentially this is what you're talking about--that simply the amount of volume as price is moving in a direction determines strength, not the actual bid or ask.

In the example I posted of ES, looking in hindsight, what can be determined is that after the second attempt down, the number of sellers willing to sell the lows had been exhausted enough that price was able to move higher. In this case, the increase of volume meant that the last batch of sellers had tried their best, and now there were relatively few left. You never know how many sellers may still be available and willing to sell, and this (supply) is what determines what will happen NEXT. Demand may not have been super high, but there was enough demand (willing buyers) relative to supply (willing sellers) to push the price up a few points.

Something I learned from a trader at another forum that will always stick in my mind is this: more volume simply means more participation. If price went up, demand was higher than supply. If price went down, supply was higher than demand. Plain and simple. Every transaction has TWO parties that participate. When the volume is high relatively, then more parties are participating (or contracts traded), and when it's low, there is less participation.

Sorry for the long post and I know this is not exactly what you're talking about, but I think it's relevant.

If the price moves higher and attracts more participants, it means that the market has an interest in improving. If the price is moving higher, does not attract many participants, the movement fizzles out.

Tape reading and interpreting volume is not as simple as "follow the big orders." If it were, then it would be too easy to make money.

I agree that sometimes this is the case. But participation does not indicate market direction. It just indicates more people are trading. If PRICE goes up, then the market has shown it has an "interest in improving." Increased participation is just that--more contracts traded. If you have studied Wyckoff, you will know that just the opposite logic often is at work--higher volume when price is increasing often indicates weakness.

I guess what I'm saying is: it all depends. On a breakout move, for example, high volume is generally good. How high though? And who is left to trade? What determines where price will go next is simply who is willing to buy and sell. Perhaps the increased participation means more will enter the market and continue the move. Perhaps it means now that all those willing to participate have done so, and now there are few left willing to buy, and then sellers will take it in the opposite direction (exhaustion).

Look at the attached ES chart-- for six months in the first case the volume decreases while price continues to move up. The most recent move up has been on a volume pattern which is hard to describe as either increasing or decreasing, and while it includes holiday hours, it's not exactly spectacular volume.

I'm just saying that it's far more complex than "if price moves higher and it's on decreased participation, the movement will fizzle out." Maybe, maybe not. Again, weak buying will push price up quite easily if there is even less seller participation. Generally I think your principles are good and are well-known in the trading world, but it's obviously not that easy.

Failed up move. This is what your talking about bloom? No support by big orders? Didnt realize it soon enough and therefore exited too late.
YouTube - ‪Failed Up Move - 31 May, 2011‬‏ (Watch in HD.)

...maybe more action next time.