Volume & OBV

  • Volume is often overlooked which is a big mistake. Volume, once understood, can tell you what the traders are thinking. Are they Bullish or Bearish? Are they selling this market because they think the price is just too high or are they starting to take profits on their long positions? I think that's pretty cool.
     

  • Understanding Volume will also help you understand who is stepping into that market. Are they Sellers or Buyers? Why are they taking that position?
     

  • Volume can also help you understand if the trend is strong, or is it getting weak. Knowing that alone will keep you in good trades and out of bad ones more often than you might think. No need for me to tell you how important this is.
     

  • What volume tells you is of up-most importance. It tells the conviction of buyers and sellers. It will show you buying and selling activity at KEY LEVELS on a chart. However, using volume alone can provide conflicting messages for a trader. When you combine volume with price action things will become much easier to understand.
     

  • This course has dozens of charts, videos, and graphics to help you fully understand what is being taught. Take a look at the chart below, it's just one of many in this course. Look at "F" on the chart below. How many people were still long this market? Just look at the volume! This last uptrend was very weak and crashed soon after that! 
     

Volume_overlay_2_chart_2.webp

Just noticing that volume was dropping hard and that the market was in a rally should alert you to the fact that the uptrend would soon be over. You should have started keeping tight stops and locking in profits.

This is just one of the methods to improve your bottom line using volume and the OBV indicator. They really are great tools but only if you know how to use them.

The cost is less than three ticks in the S&P e-Mini. 

Take a couple of weeks if you need to and go through the course and if you are not 100% convinced that you will make 10 to 100 times (or more) than the cost of the course I will refund you 100% of what you paid for it, no questions asked.