Brisbane, Australia
Posts: 95 since Mar 2018
Thanks Given: 72
Thanks Received: 26
|
Volume accumulates at walls of deep liquidity, the market usually fades away from deep volume levels, it follows the path of least resistance, say the offer has 200 real contracts and the bid has 5000, what will happen is they will print 1000 into the bid realise it's deep and then decide take out the 200 on the offer. they take the path of least resistance.
Total volume displays levels of deep liquidity, size and deep liquidity is an entry indicator that shows support and resistance and how great/likely it is in numeric value.
Brisbane Australia, want to have a trading sesh?
|