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Matt

Orderbook vs Volume

By Matt, in Day Trading Strategies

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Matt    8

Matt
Posted

Hello, I would like to get your opinion on this quote from Thor: "Is there volume, price will move to size. If there is no volume, price will move to least resistance."  

It comes from this webinar https://bearbulltraders.com/course/webinars-mentorship/lesson/strategy-2/topic/the-art-of-taking-trades-strategies-for-effective-trade-implementation-thor/ on the Bear Bull Traders website.  

Based on RVOL as a measure of volume, where would you draw the line between "volume" and "no volume"? I find this topic very important, and I would appreciate your opinion.

It would really help me. If you have any personal observations, I'd love to hear them!

Thank you!

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